Cameco Corporation (NYSE:CCJ)’s traded shares stood at 4.46 million during the last session, with the company’s beta value hitting 0.94. At the close of trading, the stock’s price was $27.13, to imply a decrease of -0.04% or -$0.01 in intraday trading. The CCJ share’s 52-week high remains $32.49, putting it -19.76% down since that peak but still an impressive 26.24% since price per share fell to its 52-week low of $20.01. The company has a valuation of $11.74B, with an average of 5.09 million shares in intraday trading volume over the past 10 days and average of 4.50 million shares over the past 3 months.

Cameco Corporation (NYSE:CCJ) trade information

After registering a -0.04% downside in the last session, Cameco Corporation (CCJ) has traded red over the past five days. The stock hit a weekly high of 29.73 this Wednesday, 02/22/23, dropping -0.04% in its intraday price action. The 5-day price performance for the stock is -6.96%, and 0.97% over 30 days. With these gigs, the year-to-date price performance is 19.67%. Short interest in Cameco Corporation (NYSE:CCJ) saw shorts transact 13.92 million shares and set a 3.05 days time to cover.

Cameco Corporation (CCJ) estimates and forecasts

Looking at statistics comparing Cameco Corporation share performance against respective industry, we note that the company has outperformed competitors. Cameco Corporation (CCJ) shares are 19.83% up over the last 6 months, with its year-to-date growth rate higher than industry average at 284.00% against 7.60%. Revenue is forecast to grow 366.70% this quarter before jumping 15.40% for the next one. The rating firms project that company’s revenue will grow 21.40% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is $365.05 million. Meanwhile, for the quarter ending Jun 2023, a total of 1 analyst(s) estimate revenue growth to $374.48 million.Earnings reports from the last fiscal year show that sales brought in $298.54 million and $418.51 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 22.30% before dropping -10.50% in the following quarter.

CCJ Dividends

Cameco Corporation has its next earnings report out between May 03 and May 08. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Cameco Corporation has a forward dividend ratio of 0.09, with the share yield ticking at 0.32% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Cameco Corporation (NYSE:CCJ)’s Major holders

Cameco Corporation insiders hold 0.44% of total outstanding shares, with institutional holders owning 63.93% of the shares at 64.22% float percentage. In total, 63.93% institutions holds shares in the company, led by Mirae Asset Global Investments Co., Ltd. As of Sep 29, 2022, the company held over 14.57 million shares (or 3.37% of shares), all amounting to roughly $386.27 million.

The next major institution holding the largest number of shares is Vanguard Group, Inc. (The) with 13.47 million shares, or about 3.11% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $357.1 million.

We also have Global X Fds-Global X Uranium ETF and Capital World Growth and Income Fund as the top two Mutual Funds with the largest holdings of the Cameco Corporation (CCJ) shares. Going by data provided on Dec 30, 2022, Global X Fds-Global X Uranium ETF holds roughly 13.94 million shares. This is just over 3.22% of the total shares, with a market valuation of $316.06 million. Data from the same date shows that the other fund manager holds a little less at 11.45 million, or 2.65% of the shares, all valued at about 259.48 million.

nyse
uranium