Raymond James Reduces Earnings Estimates for Centerra Gold

Centerra Gold Inc. (NYSE:CGAU) – Equities research analysts at Raymond James dropped their Q1 2025 EPS estimates for shares of Centerra Gold in a note issued to investors on Friday, February 21st. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $0.07 per share for the quarter, down from their previous estimate of $0.08. The consensus estimate for Centerra Gold’s current full-year earnings is $0.59 per share. Raymond James also issued estimates for Centerra Gold’s Q2 2025 earnings at $0.07 EPS and Q3 2025 earnings at $0.07 EPS.

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

A number of other research firms have also recently commented on CGAU. Scotiabank lowered their price target on Centerra Gold from $10.00 to $9.00 and set a “sector outperform” rating for the company in a report on Wednesday, January 15th. Desjardins cut shares of Centerra Gold from a “moderate buy” rating to a “hold” rating in a research report on Thursday, February 13th. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $11.00.

Centerra Gold Stock Performance

Centerra Gold stock opened at $5.94 on Monday. Centerra Gold has a 52 week low of $4.90 and a 52 week high of $7.82. The stock has a market capitalization of $1.25 billion, a P/E ratio of 16.51 and a beta of 0.91. The stock has a fifty day moving average of $6.07 and a 200-day moving average of $6.50.

Centerra Gold Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 4.71%. The ex-dividend date of this dividend is Thursday, March 13th. This is a boost from Centerra Gold’s previous quarterly dividend of $0.05. Centerra Gold’s dividend payout ratio is presently 52.78%.

Hedge Funds Weigh In On Centerra Gold

A number of institutional investors and hedge funds have recently bought and sold shares of the company. CWM LLC acquired a new position in Centerra Gold in the 3rd quarter valued at approximately $57,000. Vise Technologies Inc. acquired a new position in Centerra Gold in the 4th quarter valued at approximately $58,000. SG Americas Securities LLC acquired a new position in Centerra Gold in the 4th quarter valued at approximately $59,000. Massachusetts Financial Services Co. MA acquired a new position in Centerra Gold in the 4th quarter valued at approximately $60,000. Finally, Susquehanna Advisors Group Inc. acquired a new position in Centerra Gold in the 4th quarter valued at approximately $61,000. Institutional investors and hedge funds own 55.40% of the company’s stock.

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.