FY2026 EPS Estimates for Centerra Gold Cut by Scotiabank

Centerra Gold Inc. (NYSE:CGAU) – Investment analysts at Scotiabank cut their FY2026 earnings per share estimates for Centerra Gold in a research note issued on Wednesday, July 15th. Scotiabank analyst O. Habib now expects that the company will earn $1.53 per share for the year, down from their prior estimate of $1.54. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Centerra Gold’s current full-year earnings is $1.61 per share.

Centerra Gold (NYSE:CGAU) last announced its earnings results on Wednesday, April 29th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. Centerra Gold had a net margin of 40.32% and a return on equity of 14.90%. The firm had revenue of $484.70 million for the quarter, compared to analysts’ expectations of $373.47 million.

Several other research firms have also issued reports on CGAU. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Centerra Gold in a research report on Friday, March 27th. Zacks Research downgraded shares of Centerra Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Finally, Wall Street Zen upgraded shares of Centerra Gold from a “hold” rating to a “buy” rating in a report on Sunday, June 21st. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.50.

Centerra Gold Stock Performance

Shares of CGAU opened at $15.09 on Friday. The business’s 50 day moving average price is $16.53 and its 200-day moving average price is $17.40. The stock has a market cap of $2.99 billion, a P/E ratio of 4.87, a P/E/G ratio of 0.57 and a beta of 0.81. Centerra Gold has a 52 week low of $6.71 and a 52 week high of $21.17. The company has a quick ratio of 1.60, a current ratio of 2.41 and a debt-to-equity ratio of 0.06.

Hedge Funds Weigh In On Centerra Gold

A number of hedge funds have recently bought and sold shares of CGAU. Cubist Systematic Strategies LLC purchased a new stake in shares of Centerra Gold during the 1st quarter valued at about $192,000. Dynamic Technology Lab Private Ltd bought a new position in Centerra Gold during the first quarter valued at approximately $97,000. Goldman Sachs Group Inc. lifted its position in Centerra Gold by 57.2% during the first quarter. Goldman Sachs Group Inc. now owns 13,344,727 shares of the company’s stock valued at $84,739,000 after purchasing an additional 4,853,494 shares during the period. Empowered Funds LLC purchased a new stake in Centerra Gold in the first quarter worth approximately $218,000. Finally, Geode Capital Management LLC boosted its holdings in Centerra Gold by 20.3% in the second quarter. Geode Capital Management LLC now owns 767,536 shares of the company’s stock worth $5,534,000 after purchasing an additional 129,737 shares during the last quarter. Hedge funds and other institutional investors own 55.40% of the company’s stock.

Centerra Gold Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.9%. The ex-dividend date was Thursday, May 21st. Centerra Gold’s dividend payout ratio (DPR) is presently 6.77%.

Centerra Gold Company Profile

Centerra Gold Inc is a gold mining company incorporated in Canada and headquartered in Toronto. The company specializes in the exploration, development and operation of precious metals properties, with a focus on gold production. Centerra’s portfolio includes the Mount Milligan mine in British Columbia, Canada, and the Otjikoto mine in Namibia. Both operations produce gold and copper concentrates and employ modern mining methods and processing facilities to optimize recovery rates and minimize environmental impact.

In addition to its producing assets, Centerra is advancing the development of its Greenstone Gold Project in Ontario, Canada, which, upon completion, is expected to become one of Canada’s largest gold mines.