FY2026 EPS Estimates for Centerra Gold Decreased by Analyst

Centerra Gold Inc. (NYSE:CGAU) – Analysts at Scotiabank lowered their FY2026 earnings estimates for Centerra Gold in a research report issued to clients and investors on Wednesday, May 6th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $1.72 for the year, down from their prior forecast of $1.80. Scotiabank has a “Sector Outperform” rating and a $21.00 price target on the stock. The consensus estimate for Centerra Gold’s current full-year earnings is $1.80 per share. Scotiabank also issued estimates for Centerra Gold’s FY2027 earnings at $1.46 EPS.

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

CGAU has been the topic of a number of other research reports. Zacks Research cut shares of Centerra Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Centerra Gold in a research note on Wednesday, February 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Centerra Gold in a research note on Friday, March 27th. BMO Capital Markets raised shares of Centerra Gold from a “hold” rating to an “outperform” rating in a research note on Tuesday, January 20th. Finally, Wall Street Zen cut shares of Centerra Gold from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 25th. Six research analysts have rated the stock with a Buy rating and three have given 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 target price of $16.67.

Centerra Gold Stock Performance

NYSE CGAU opened at $18.02 on Thursday. The firm’s fifty day moving average price is $18.44 and its two-hundred day moving average price is $15.99. The stock has a market cap of $3.60 billion, a PE ratio of 5.81, a PEG ratio of 0.79 and a beta of 0.80. Centerra Gold has a fifty-two week low of $6.35 and a fifty-two week high of $21.17. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.60 and a current ratio of 2.41.

Centerra Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $0.28 annualized dividend and a dividend yield of 1.6%. Centerra Gold’s payout ratio is presently 6.77%.

Institutional Investors Weigh In On Centerra Gold

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Donald Smith & CO. Inc. increased its position in shares of 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 acquiring an additional 2,535,492 shares in the last quarter. Goldman Sachs Group Inc. grew its position 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 worth $84,739,000 after purchasing an additional 4,853,494 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in Centerra Gold by 7.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 8,274,935 shares of the company’s stock worth $119,058,000 after purchasing an additional 549,491 shares in the last quarter. Waratah Capital Advisors Ltd. grew its position in Centerra Gold by 4.1% in the 3rd quarter. Waratah Capital Advisors Ltd. now owns 6,954,407 shares of the company’s stock worth $74,621,000 after purchasing an additional 275,510 shares in the last quarter. Finally, Van ECK Associates Corp grew its position in Centerra Gold by 15.3% in the 4th quarter. Van ECK Associates Corp now owns 6,536,157 shares of the company’s stock worth $93,929,000 after purchasing an additional 866,977 shares in the last quarter. 55.40% of the stock is 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.