Cameco Corporation (NYSE:CCJ) Given Price Target Of $13.328


As per Cameco Corporation (NYSE:CCJ)’s news release on 2016-07-28, its shareholders will get cash dividend of $0.077 per share. The recent press release updated on the record date and payout date, which stands at 2016-09-30 and 2016-10-14, respectively.

The stock will commence trading ex-dividend from 2016-09-28, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Cameco Corporation (NYSE:CCJ) disbursed $0.077 in dividend compared to distribution of $0.077, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of -17.8114%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated Cameco Corporation (NYSE:CCJ) to attain a price target of $13.328. It is an average estimate figure given by 5 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $16.4. The low price range is set at $9.2 for next year while the arithmetic mean is seen at 2.2.

Eyeing Earnings Cameco Corporation (NYSE:CCJ) is likely to post quarterly numbers around 2016-11-04 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.25 for the period ending on 2016-09-30.

In last quarter ended 2015-12-31, Cameco Corporation (NYSE:CCJ) earnings came at $-0.11 suggesting a deviation of $-0.1. The brokerages targeted EPS of $-0.01 for the quarter.

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