Cameco (NYSE:CCJ) Trading 6.3% Higher – Here’s Why

28 Jan 2026, 17:56 by Jessica Moore · The Cerbat Gem

Cameco Corporation (NYSE:CCJ – Get Free Report) (TSE:CCO)’s share price rose 6.3% during mid-day trading on Wednesday . The company traded as high as $134.13 and last traded at $133.9460. Approximately 5,923,461 shares changed hands during trading, an increase of 31% from the average daily volume of 4,518,874 shares. The stock had previously closed at $125.97.

Wall Street Analysts Forecast Growth

CCJ has been the subject of a number of research reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Cameco in a report on Monday, December 29th. Scotiabank reiterated an “outperform” rating on shares of Cameco in a research report on Wednesday, October 29th. National Bankshares restated an “outperform” rating on shares of Cameco in a report on Thursday, November 6th. Royal Bank Of Canada reduced their target price on shares of Cameco from $160.00 to $150.00 and set an “outperform” rating on the stock in a report on Thursday, November 13th. Finally, Wall Street Zen downgraded shares of Cameco from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Cameco currently has a consensus rating of “Buy” and an average target price of $121.68.

Check Out Our Latest Analysis on Cameco

Cameco Stock Up 6.3%

The company has a quick ratio of 1.85, a current ratio of 2.99 and a debt-to-equity ratio of 0.15. The stock has a market cap of $58.33 billion, a PE ratio of 155.75 and a beta of 1.01. The firm has a fifty day moving average of $97.91 and a 200 day moving average of $88.18.

Cameco (NYSE:CCJ – Get Free Report) (TSE:CCO) last released its quarterly earnings data on Wednesday, November 5th. The basic materials company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.17). The business had revenue of $313.74 million for the quarter, compared to analyst estimates of $531.72 million. Cameco had a return on equity of 8.58% and a net margin of 15.24%.The company’s revenue was down 14.7% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.01) earnings per share. On average, equities research analysts anticipate that Cameco Corporation will post 1.27 EPS for the current fiscal year.

Cameco Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Tuesday, December 16th. Shareholders of record on Monday, December 1st were paid a $0.24 dividend. This is a boost from Cameco’s previous annual dividend of $0.12. This represents a yield of 27.0%. The ex-dividend date was Monday, December 1st. Cameco’s payout ratio is currently 19.77%.

Institutional Trading of Cameco

Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in Cameco by 1.3% during the 3rd quarter. Vanguard Group Inc. now owns 17,801,142 shares of the basic materials company’s stock worth $1,493,978,000 after acquiring an additional 235,613 shares during the period. Capital World Investors raised its holdings in Cameco by 0.8% during the third quarter. Capital World Investors now owns 13,503,924 shares of the basic materials company’s stock worth $1,133,147,000 after purchasing an additional 106,872 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Cameco by 0.7% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,973,799 shares of the basic materials company’s stock worth $1,089,080,000 after acquiring an additional 85,762 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in shares of Cameco by 41.4% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 7,076,815 shares of the basic materials company’s stock worth $524,988,000 after purchasing an additional 2,071,373 shares in the last quarter. Finally, Van ECK Associates Corp increased its holdings in shares of Cameco by 43.3% in the 3rd quarter. Van ECK Associates Corp now owns 5,443,807 shares of the basic materials company’s stock valued at $456,530,000 after purchasing an additional 1,644,061 shares in the last quarter. 70.21% of the stock is owned by hedge funds and other institutional investors.

About Cameco

(Get Free Report)

Cameco Corporation (NYSE: CCJ) is a leading producer of uranium and a supplier to the global nuclear power industry. Headquartered in Saskatoon, Saskatchewan, Canada, the company is engaged in the exploration, mining, milling and sale of uranium concentrate, commonly known as yellowcake, which is used as fuel for nuclear reactors. Cameco also participates in services and activities that support the front end of the nuclear fuel cycle, including processing and marketing of uranium to utilities under long‑term and spot contracts.