Raymond James Comments on Cameco’s Q1 Earnings (NYSE:CCJ)

Cameco Co. (NYSE:CCJ) (TSE:CCO) – Stock analysts at Raymond James increased their Q1 2026 EPS estimates for Cameco in a research report issued on Tuesday, June 10th. Raymond James analyst B. Macarthur now expects that the basic materials company will earn $0.25 per share for the quarter, up from their previous estimate of $0.24. The consensus estimate for Cameco’s current full-year earnings is $1.27 per share. Raymond James also issued estimates for Cameco’s Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.40 EPS and FY2026 earnings at $1.62 EPS.

Cameco (NYSE:CCJ) (TSE:CCO) last released its quarterly earnings results on Thursday, May 1st. The basic materials company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.07). Cameco had a net margin of 5.39% and a return on equity of 4.34%. The firm had revenue of $549.58 million for the quarter, compared to analysts’ expectations of $890.07 million. During the same period in the previous year, the company posted $0.13 earnings per share. The business’s quarterly revenue was up 24.4% compared to the same quarter last year.

A number of other research firms have also recently commented on CCJ. Royal Bank of Canada reiterated an “outperform” rating and issued a $90.00 target price on shares of Cameco in a research note on Tuesday, March 4th. Stifel Canada upgraded shares of Cameco to a “strong-buy” rating in a research note on Wednesday, March 12th. Glj Research reiterated a “buy” rating and issued a $75.27 target price on shares of Cameco in a research note on Thursday. UBS Group reiterated a “buy” rating on shares of Cameco in a research note on Tuesday. Finally, Sanford C. Bernstein set a $70.00 price objective on Cameco and gave the company an “outperform” rating in a report on Tuesday. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $75.63.

Cameco Trading Up 0.7%

Shares of NYSE:CCJ opened at $66.60 on Friday. The business’s 50-day moving average is $50.71 and its 200 day moving average is $49.51. Cameco has a 1 year low of $35.00 and a 1 year high of $68.12. The firm has a market capitalization of $28.99 billion, a P/E ratio of 237.85 and a beta of 0.97. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.88 and a quick ratio of 1.26.

Institutional Trading of Cameco

Several institutional investors and hedge funds have recently bought and sold shares of the business. Country Club Bank lifted its stake in Cameco by 0.5% during the 1st quarter. Country Club Bank now owns 43,553 shares of the basic materials company’s stock valued at $1,822,000 after acquiring an additional 224 shares during the period. Larson Financial Group LLC increased its holdings in shares of Cameco by 37.4% during the 4th quarter. Larson Financial Group LLC now owns 830 shares of the basic materials company’s stock valued at $43,000 after purchasing an additional 226 shares in the last quarter. Two Sigma Investments LP increased its holdings in shares of Cameco by 0.5% during the 4th quarter. Two Sigma Investments LP now owns 50,438 shares of the basic materials company’s stock valued at $2,592,000 after purchasing an additional 238 shares in the last quarter. Heritage Wealth Management Inc. increased its holdings in shares of Cameco by 0.8% during the 4th quarter. Heritage Wealth Management Inc. now owns 30,875 shares of the basic materials company’s stock valued at $1,587,000 after purchasing an additional 250 shares in the last quarter. Finally, Sunpointe LLC increased its holdings in shares of Cameco by 1.8% during the 1st quarter. Sunpointe LLC now owns 16,281 shares of the basic materials company’s stock valued at $670,000 after purchasing an additional 288 shares in the last quarter. 70.21% of the stock is currently owned by institutional investors and hedge funds.

Cameco Company Profile

Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.