Analysts Set Expectations for Ero Copper FY2026 Earnings

Ero Copper Corp. (NYSE:ERO) – National Bank Financial raised their FY2026 earnings estimates for shares of Ero Copper in a report issued on Tuesday, April 15th. National Bank Financial analyst S. Nagle now forecasts that the company will earn $2.67 per share for the year, up from their prior estimate of $2.39. The consensus estimate for Ero Copper’s current full-year earnings is $0.71 per share.

Several other analysts also recently weighed in on ERO. BMO Capital Markets began coverage on shares of Ero Copper in a research report on Wednesday. They set an “outperform” rating for the company. TD Securities upgraded shares of Ero Copper from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 12th. TD Cowen upgraded Ero Copper from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th. Desjardins started coverage on Ero Copper in a research note on Friday, April 4th. They set a “hold” rating on the stock. Finally, Raymond James reiterated an “outperform” rating on shares of Ero Copper in a research note on Friday, April 4th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $26.33.

Ero Copper Price Performance

Shares of NYSE ERO opened at $10.95 on Thursday. The stock’s 50-day simple moving average is $12.34 and its 200-day simple moving average is $14.76. The firm has a market capitalization of $1.13 billion, a PE ratio of 64.41 and a beta of 1.10. Ero Copper has a fifty-two week low of $9.30 and a fifty-two week high of $24.34. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.45 and a current ratio of 0.68.

Ero Copper (NYSE:ERO) last posted its earnings results on Thursday, March 6th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.04). The business had revenue of $122.50 million during the quarter, compared to analysts’ expectations of $183.26 million. Ero Copper had a net margin of 3.67% and a return on equity of 11.30%.

Institutional Trading of Ero Copper

Several hedge funds have recently made changes to their positions in the company. Invesco Ltd. raised its holdings in Ero Copper by 22.6% during the fourth quarter. Invesco Ltd. now owns 3,890,977 shares of the company’s stock worth $52,450,000 after purchasing an additional 715,999 shares in the last quarter. Bridgewater Associates LP lifted its holdings in shares of Ero Copper by 400.2% in the 4th quarter. Bridgewater Associates LP now owns 818,269 shares of the company’s stock valued at $11,026,000 after buying an additional 654,684 shares during the period. Boston Partners boosted its stake in shares of Ero Copper by 66.9% in the fourth quarter. Boston Partners now owns 1,101,265 shares of the company’s stock valued at $14,850,000 after buying an additional 441,413 shares in the last quarter. 683 Capital Management LLC grew its holdings in Ero Copper by 20.4% during the fourth quarter. 683 Capital Management LLC now owns 2,468,367 shares of the company’s stock worth $33,272,000 after acquiring an additional 418,367 shares during the period. Finally, Renaissance Technologies LLC purchased a new position in Ero Copper in the fourth quarter worth $3,509,000. Institutional investors and hedge funds own 71.30% of the company’s stock.

Ero Copper Company Profile

Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company is involved in the production and sale of copper concentrate from the Caraíba operations located in the Curaçá Valley, northeastern Bahia state, Brazil, as well as gold and silver by-products.