Scotiabank Brokers Cut Earnings Estimates for Centerra Gold

Posted by Brian Himes on Oct 7th, 2026

Centerra Gold Inc. (NYSE:CGAU – Free Report) – Research analysts at Scotiabank dropped their FY2026 earnings per share estimates for Centerra Gold in a report issued on Thursday, October 1st. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $1.52 for the year, down from their prior estimate of $1.55. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Centerra Gold’s current full-year earnings is $1.63 per share. Scotiabank also issued estimates for Centerra Gold’s FY2027 earnings at $1.29 EPS.

CGAU has been the topic of a number of other research reports. Weiss Ratings upgraded Centerra Gold from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, August 31st. Wall Street Zen cut shares of Centerra Gold from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Centerra Gold in a report on Thursday, July 30th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $21.00.

Get Our Latest Analysis on Centerra Gold

Centerra Gold Stock Performance

Shares of NYSE CGAU opened at $21.72 on Monday. The company has a current ratio of 2.42, a quick ratio of 1.49 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $4.25 billion, a P/E ratio of 6.94, a P/E/G ratio of 0.81 and a beta of 0.84. Centerra Gold has a 12 month low of $10.46 and a 12 month high of $24.52. The stock has a 50 day moving average of $21.88 and a 200-day moving average of $18.78.

Centerra Gold (NYSE:CGAU – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.01. Centerra Gold had a return on equity of 15.35% and a net margin of 36.92%.The firm had revenue of $442.71 million for the quarter, compared to analyst estimates of $394.27 million.

Centerra Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th were issued a dividend of C$0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Wednesday, August 19th. Centerra Gold’s payout ratio is currently 6.39%.

Hedge Funds Weigh In On Centerra Gold

Several institutional investors and hedge funds have recently made changes to their positions in CGAU. Engineers Gate Manager LP lifted its holdings in Centerra Gold by 135.6% during the 2nd quarter. Engineers Gate Manager LP now owns 49,984 shares of the company’s stock worth $793,000 after purchasing an additional 28,767 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in Centerra Gold in the 2nd quarter valued at $28,000. Groupe la Francaise grew its holdings in Centerra Gold by 3.5% in the 2nd quarter. Groupe la Francaise now owns 890,000 shares of the company’s stock valued at $14,119,000 after buying an additional 30,000 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Centerra Gold by 15.3% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 88,192 shares of the company’s stock worth $1,399,000 after buying an additional 11,695 shares during the period. Finally, Navellier & Associates Inc. increased its position in Centerra Gold by 14.1% during the 2nd quarter. Navellier & Associates Inc. now owns 171,549 shares of the company’s stock worth $2,721,000 after buying an additional 21,169 shares during the period. Institutional investors and hedge funds own 55.40% of the company’s stock.

About Centerra Gold

(Get Free Report)

Centerra Gold Inc is a Canadian-based, intermediate gold and copper producer headquartered in Toronto, Ontario. The company explores, develops and operates precious- and base-metal properties, with a focus on responsible mining and the production of gold and copper concentrates and doré.

Centerra’s principal operating assets include the Mount Milligan copper-gold mine in British Columbia, Canada, and the Öksüt gold mine in Türkiye. Mount Milligan produces copper and gold concentrate, while Öksüt is an open-pit, heap-leach operation that produces gold doré.