Q2 EPS Estimates for Centerra Gold Lowered by Raymond James

Centerra Gold Inc. (NYSE:CGAU) – Raymond James decreased their Q2 2025 earnings estimates for Centerra Gold in a research note issued to investors on Monday, March 31st. Raymond James analyst B. Macarthur now anticipates that the company will earn $0.05 per share for the quarter, down from their previous forecast of $0.07. The consensus estimate for Centerra Gold’s current full-year earnings is $0.59 per share.

CGAU has been the subject of several other reports. Scotiabank decreased their target price on Centerra Gold from $10.00 to $9.00 and set a “sector outperform” rating for the company in a research report on Wednesday, January 15th. Cormark cut shares of Centerra Gold from a “moderate buy” rating to a “hold” rating in a report on Wednesday, February 26th. National Bank Financial raised shares of Centerra Gold to a “strong-buy” rating in a research note on Friday, March 21st. Desjardins cut shares of Centerra Gold from a “moderate buy” rating to a “hold” rating in a research report on Thursday, February 13th. Finally, CIBC reissued a “neutral” rating on shares of Centerra Gold in a report on Thursday, March 20th. Four research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $11.00.

Centerra Gold Stock Down 1.4 %

Shares of Centerra Gold stock opened at $6.26 on Wednesday. Centerra Gold has a 12 month low of $5.46 and a 12 month high of $7.82. The business has a fifty day simple moving average of $6.19 and a 200 day simple moving average of $6.33. The stock has a market cap of $1.31 billion, a PE ratio of 17.39 and a beta of 0.92.

Centerra Gold (NYSE:CGAU) last issued its earnings results on Thursday, February 20th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.03). Centerra Gold had a net margin of 6.62% and a return on equity of 8.83%. The business had revenue of $302.40 million for the quarter, compared to the consensus estimate of $316.92 million.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC raised its holdings in shares of Centerra Gold by 378.7% during the third quarter. Geode Capital Management LLC now owns 454,939 shares of the company’s stock worth $4,152,000 after acquiring an additional 359,905 shares during the period. Jane Street Group LLC increased its holdings in Centerra Gold by 145.6% during the 3rd quarter. Jane Street Group LLC now owns 419,992 shares of the company’s stock worth $3,015,000 after purchasing an additional 249,004 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Centerra Gold in the 3rd quarter valued at about $4,454,000. HighTower Advisors LLC acquired a new stake in shares of Centerra Gold in the 3rd quarter valued at about $127,000. Finally, Barclays PLC lifted its holdings in shares of Centerra Gold by 284.5% in the third quarter. Barclays PLC now owns 74,930 shares of the company’s stock valued at $537,000 after purchasing an additional 55,444 shares in the last quarter. Institutional investors own 55.40% of the company’s stock.

Centerra Gold Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were issued a dividend of $0.07 per share. This is an increase from Centerra Gold’s previous quarterly dividend of $0.05. This represents a $0.28 annualized dividend and a yield of 4.47%. The ex-dividend date of this dividend was Thursday, March 13th. Centerra Gold’s dividend payout ratio (DPR) is 52.78%.

About Centerra Gold

Centerra Gold Inc, a gold mining company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally. The company explores for gold, copper, and molybdenum deposits. Its flagship projects are the 100% owned Mount Milligan gold-copper mine located in British Columbia, Canada; and the Öksüt gold mine located in Turkey.