FY2026 EPS Estimates for Centerra Gold Cut by Scotiabank

Centerra Gold Inc. (NYSE:CGAU) – Equities researchers at Scotiabank reduced their FY2026 EPS estimates for Centerra Gold in a research report issued on Tuesday, July 7th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $1.54 per share for the year, down from their prior forecast of $1.72. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Centerra Gold’s current full-year earnings is $1.78 per share.

Other research analysts have also recently issued reports about the stock. Wall Street Zen raised shares of Centerra Gold from a “hold” rating to a “buy” rating in a report on Sunday, June 21st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Centerra Gold in a report on Friday, March 27th. Finally, Zacks Research downgraded Centerra Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Centerra Gold has a consensus rating of “Moderate Buy” and a consensus target price of $16.67.

Centerra Gold Stock Down 2.0%

Shares of NYSE:CGAU opened at $16.18 on Wednesday. The company has a market cap of $3.20 billion, a price-to-earnings ratio of 5.22, a PEG ratio of 0.79 and a beta of 0.81. The firm’s 50-day simple moving average is $16.85 and its 200-day simple moving average is $17.36. The company has a quick ratio of 1.60, a current ratio of 2.41 and a debt-to-equity ratio of 0.06. Centerra Gold has a fifty-two week low of $6.71 and a fifty-two week high of $21.17.

Centerra Gold (NYSE:CGAU) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.03. The company had revenue of $484.70 million for the quarter, compared to the consensus estimate of $373.47 million. Centerra Gold had a net margin of 40.32% and a return on equity of 14.90%.

Centerra Gold Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Thursday, May 21st. Centerra Gold’s dividend payout ratio (DPR) is presently 6.77%.

Institutional Investors Weigh In On Centerra Gold

Institutional investors have recently modified their holdings of the company. Goldman Sachs Group Inc. grew its stake in Centerra Gold by 57.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 13,344,727 shares of the company’s stock valued at $84,739,000 after acquiring an additional 4,853,494 shares during the last quarter. Donald Smith & CO. Inc. increased its holdings in Centerra Gold by 21.8% during the 4th quarter. Donald Smith & CO. Inc. now owns 14,158,116 shares of the company’s stock valued at $203,452,000 after acquiring an additional 2,535,492 shares in the last quarter. FIL Ltd purchased a new stake in shares of Centerra Gold in the fourth quarter valued at about $35,991,000. Millennium Management LLC lifted its holdings in shares of Centerra Gold by 828.0% in the third quarter. Millennium Management LLC now owns 2,372,671 shares of the company’s stock valued at $25,435,000 after purchasing an additional 2,116,991 shares in the last quarter. Finally, Verbena Value LP acquired a new stake in shares of Centerra Gold in the fourth quarter valued at approximately $23,153,000. Hedge funds and other institutional investors own 55.40% of the company’s stock.

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.