FY2026 EPS Estimates for Centerra Gold Boosted by Scotiabank

Centerra Gold Inc. (NYSE:CGAU) – Equities researchers at Scotiabank lifted their FY2026 earnings per share (EPS) estimates for shares of Centerra Gold in a report issued on Tuesday, August 4th. Scotiabank analyst O. Habib now expects that the company will earn $1.55 per share for the year, up from their prior forecast of $1.53. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Centerra Gold’s current full-year earnings is $1.63 per share.

A number of other equities research analysts have also issued reports on CGAU. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Centerra Gold in a research note on Thursday, July 30th. Weiss Ratings downgraded Centerra Gold from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, July 28th. Finally, Wall Street Zen lowered Centerra Gold from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Centerra Gold presently has an average rating of “Moderate Buy” and an average price target of $17.50.

Centerra Gold Trading Up 1.9%

NYSE CGAU opened at $19.83 on Friday. The company has a market capitalization of $3.89 billion, a price-to-earnings ratio of 6.34, a price-to-earnings-growth ratio of 0.73 and a beta of 0.80. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.42 and a quick ratio of 1.49. Centerra Gold has a 12 month low of $6.71 and a 12 month high of $21.17. The company’s fifty day moving average price is $16.48 and its two-hundred day moving average price is $17.61.

Centerra Gold (NYSE:CGAU) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. Centerra Gold had a net margin of 36.92% and a return on equity of 15.35%. The business had revenue of $442.71 million during the quarter, compared to the consensus estimate of $394.27 million.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Global Retirement Partners LLC bought a new stake in shares of Centerra Gold during the 4th quarter valued at about $36,000. Osaic Holdings Inc. lifted its holdings in Centerra Gold by 63.0% in the second quarter. Osaic Holdings Inc. now owns 4,758 shares of the company’s stock worth $34,000 after acquiring an additional 1,839 shares during the last quarter. Leonteq Securities AG bought a new position in Centerra Gold in the fourth quarter worth about $72,000. C M Bidwell & Associates Ltd. acquired a new position in Centerra Gold in the fourth quarter valued at approximately $100,000. Finally, Kestra Advisory Services LLC acquired a new position in Centerra Gold in the fourth quarter valued at approximately $115,000. 55.40% of the stock is currently owned by institutional investors.

Centerra Gold Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th will be issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, August 19th. Centerra Gold’s payout ratio is currently 6.71%.

About Centerra Gold

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.