Analysts Issue Forecasts for Centerra Gold FY2026 Earnings

Centerra Gold Inc. (NYSE:CGAU) – Scotiabank upped their FY2026 earnings estimates for Centerra Gold in a research report issued on Wednesday, April 1st. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $1.81 per share for the year, up from their prior forecast of $1.67. Scotiabank has a “Outperform” rating and a $19.00 price objective on the stock. The consensus estimate for Centerra Gold’s current full-year earnings is $0.59 per share. Scotiabank also issued estimates for Centerra Gold’s FY2027 earnings at $1.38 EPS.

Centerra Gold (NYSE:CGAU) last announced its quarterly earnings results on Thursday, February 19th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.34 by $0.07. The company had revenue of $401.60 million for the quarter, compared to analyst estimates of $355.39 million. Centerra Gold had a net margin of 42.18% and a return on equity of 12.42%.

Several other research firms have also weighed in on CGAU. Wall Street Zen upgraded Centerra Gold from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 28th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Centerra Gold in a research note on Wednesday, February 4th. BMO Capital Markets raised Centerra Gold from a “hold” rating to an “outperform” rating in a report on Tuesday, January 20th. Weiss Ratings reissued a “buy (b)” rating on shares of Centerra Gold in a research note on Friday, March 27th. Finally, Zacks Research lowered Centerra Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Centerra Gold currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.00.

Centerra Gold Stock Down 0.1%

CGAU stock opened at $18.29 on Friday. The firm has a market cap of $3.65 billion, a PE ratio of 6.44, a PEG ratio of 0.90 and a beta of 0.90. Centerra Gold has a 1 year low of $5.41 and a 1 year high of $21.17. The company has a fifty day simple moving average of $18.30 and a 200 day simple moving average of $14.76. The company has a current ratio of 2.39, a quick ratio of 1.65 and a debt-to-equity ratio of 0.04.

Centerra Gold Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $0.28 dividend on an annualized basis and a yield of 1.5%. Centerra Gold’s payout ratio is currently 7.39%.

Institutional Investors Weigh In On Centerra Gold

A number of hedge funds have recently bought and sold shares of CGAU. Cubist Systematic Strategies LLC bought a new position in shares of Centerra Gold in the first quarter worth about $192,000. Dynamic Technology Lab Private Ltd bought a new stake in Centerra Gold during the 1st quarter valued at approximately $97,000. Goldman Sachs Group Inc. grew its holdings 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 buying an additional 4,853,494 shares during the last quarter. Empowered Funds LLC acquired a new stake in Centerra Gold in the 1st quarter valued at approximately $218,000. Finally, Geode Capital Management LLC increased its position in Centerra Gold by 20.3% in the 2nd quarter. Geode Capital Management LLC now owns 767,536 shares of the company’s stock worth $5,534,000 after buying an additional 129,737 shares during the period. 55.40% of the stock is currently owned by institutional investors.

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.