Raymond James Lowers Earnings Estimates for Centerra Gold

Centerra Gold Inc. (NYSE:CGAU) – Equities research analysts at Raymond James decreased their Q2 2025 earnings per share (EPS) estimates for Centerra Gold in a research report issued to clients and investors on Tuesday, May 6th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings per share of $0.13 for the quarter, down from their previous forecast of $0.15. Raymond James currently has a “Outperform” rating on the stock. 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 Q3 2025 earnings at $0.17 EPS, Q4 2025 earnings at $0.19 EPS and FY2025 earnings at $0.61 EPS.

Centerra Gold (NYSE:CGAU) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.12. The company had revenue of $299.50 million for the quarter, compared to the consensus estimate of $288.25 million. Centerra Gold had a return on equity of 8.83% and a net margin of 6.62%.

Other equities research analysts have also issued research reports about the stock. Scotiabank restated an “outperform” rating on shares of Centerra Gold in a research note on Monday, April 14th. National Bank Financial upgraded Centerra Gold to a “strong-buy” rating in a research note on Friday, March 21st. National Bankshares reiterated an “outperform” rating on shares of Centerra Gold in a research report on Wednesday, April 23rd. Desjardins lowered Centerra Gold from a “moderate buy” rating to a “hold” rating in a research report on Thursday, February 13th. Finally, Cormark downgraded shares of Centerra Gold from a “moderate buy” rating to a “hold” rating in a report on Wednesday, February 26th. Four research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Centerra Gold presently has an average rating of “Moderate Buy” and an average target price of $12.00.

Centerra Gold Trading Up 2.5 %

Shares of NYSE:CGAU opened at $7.28 on Friday. Centerra Gold has a 12-month low of $5.41 and a 12-month high of $7.82. The firm has a market cap of $1.53 billion, a PE ratio of 20.22 and a beta of 0.80. The company has a fifty day simple moving average of $6.34 and a 200 day simple moving average of $6.21.

Institutional Trading of Centerra Gold

Hedge funds have recently made changes to their positions in the stock. Donald Smith & CO. Inc. grew its stake in Centerra Gold by 30.1% during the 4th quarter. Donald Smith & CO. Inc. now owns 8,723,060 shares of the company’s stock worth $49,634,000 after buying an additional 2,017,756 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Centerra Gold by 0.7% during the first quarter. Vanguard Group Inc. now owns 8,310,457 shares of the company’s stock worth $52,722,000 after acquiring an additional 55,839 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Centerra Gold by 7.2% in the 4th quarter. Royal Bank of Canada now owns 7,950,409 shares of the company’s stock worth $45,238,000 after acquiring an additional 530,601 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in Centerra Gold by 24.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 5,808,773 shares of the company’s stock valued at $33,028,000 after purchasing an additional 1,126,825 shares during the last quarter. Finally, American Century Companies Inc. boosted its stake in Centerra Gold by 34.1% during the 4th quarter. American Century Companies Inc. now owns 3,291,860 shares of the company’s stock valued at $18,733,000 after purchasing an additional 836,777 shares during the period. Institutional investors own 55.40% of the company’s stock.

Centerra Gold Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 22nd will be issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 3.85%. The ex-dividend date of this dividend is Thursday, May 22nd. Centerra Gold’s dividend payout ratio (DPR) is presently 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.