FY2026 EPS Estimates for Centerra Gold Reduced by Scotiabank

Centerra Gold Inc. (NYSE:CGAU) – Analysts at Scotiabank dropped their FY2026 EPS estimates for shares of Centerra Gold in a report issued on Wednesday, July 15th. Scotiabank analyst O. Habib now anticipates that the company will post earnings of $1.53 per share for the year, down from their previous 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 issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.44 EPS for the quarter, topping the consensus estimate 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.

CGAU has been the topic of several other research reports. Wall Street Zen upgraded Centerra Gold from a “hold” rating to a “buy” rating in a report on Sunday, June 21st. Weiss Ratings restated 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 research report on Tuesday, March 24th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Centerra Gold currently has an average rating of “Moderate Buy” and an average price target of $17.50.

Centerra Gold Price Performance

Shares of NYSE CGAU opened at $15.09 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.41 and a quick ratio of 1.60. The business has a 50-day moving average of $16.53 and a 200-day moving average of $17.40. The stock has a market capitalization of $2.99 billion, a price-to-earnings ratio of 4.87, a PEG ratio of 0.58 and a beta of 0.81. Centerra Gold has a fifty-two week low of $6.71 and a fifty-two week high of $21.17.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Goldman Sachs Group Inc. lifted 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 purchasing an additional 4,853,494 shares during the last quarter. Donald Smith & CO. Inc. increased its position in Centerra Gold by 21.8% during the fourth quarter. Donald Smith & CO. Inc. now owns 14,158,116 shares of the company’s stock worth $203,452,000 after buying an additional 2,535,492 shares during the last quarter. FIL Ltd acquired a new position in Centerra Gold during the fourth quarter worth approximately $35,991,000. Millennium Management LLC raised its stake in 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 buying an additional 2,116,991 shares during the period. Finally, Verbena Value LP bought a new stake in Centerra Gold in the fourth quarter valued at approximately $23,153,000. 55.40% of the stock is currently owned by institutional investors and hedge funds.

Centerra Gold Announces Dividend

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