Cameco vs. Duke Energy: Nuclear Investment and Dividend Comparison
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
- Nuclear Market Renaissance: The U.S. nuclear energy sector is experiencing a renaissance driven by AI demand, supportive government policies, and shifting public perception, which is expected to boost long-term growth for companies like Cameco and Duke.
- Cameco's Strong Performance: As the second-largest uranium miner globally, Cameco produced 17% of the world's uranium consumption in 2024, with a three-year compound annual growth rate (CAGR) of 24.18%, showcasing robust profitability and market position.
- Duke Energy's Dividend Advantage: Duke Energy pays an annual dividend of $4.26 per share, yielding 3.65% at current prices, and has a 15-year history of increasing dividends, making it attractive for income-seeking investors.
- Investment Strategy Consideration: While Cameco's stock has surged 124% in the past 12 months, its dividend yield is only 0.16%, whereas Duke's stable dividend and lower growth rate position it as a better choice for dividend investors.
Analyst Views on CCJ
Wall Street analysts forecast CCJ stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CCJ is 105.87 USD with a low forecast of 85.00 USD and a high forecast of 124.51 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
14 Buy
1 Hold
0 Sell
Strong Buy
Current: 112.840
Low
85.00
Averages
105.87
High
124.51
Current: 112.840
Low
85.00
Averages
105.87
High
124.51
About CCJ
Cameco Corporation is a provider of uranium fuel to generate baseload electricity around the globe. Its segments include uranium, fuel services and Westinghouse. The uranium segment involves the exploration for, mining, milling, purchase and sale of uranium concentrate. The fuel services segment involves the refining, conversion and fabrication of uranium concentrate and the purchase and sale of conversion services. The Westinghouse segment reflects its earnings from this equity-accounted investment. Westinghouse is a nuclear reactor technology original equipment manufacturer and a global provider of products and services to commercial utilities and government agencies. It provides outage and maintenance services, engineering support, instrumentation and controls equipment, plant modification, and components and parts to nuclear reactors. It has two operating mines, Cigar Lake and McArthur River as well as a mill at Key Lake. It also has ownership interests in Global Laser Enrichment.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
