Hudbay Minerals Inc. (NYSE:HBM – Free Report) (TSE:HBM) – Research analysts at National Bank Financial lowered their FY2025 earnings per share (EPS) estimates for Hudbay Minerals in a research note issued to investors on Wednesday, February 19th. National Bank Financial analyst S. Nagle now expects that the mining company will earn $0.28 per share for the year, down from their prior forecast of $0.55. The consensus estimate for Hudbay Minerals’ current full-year earnings is $0.79 per share. National Bank Financial also issued estimates for Hudbay Minerals’ FY2026 earnings at $0.15 EPS and FY2027 earnings at $0.31 EPS.
Separately, StockNews.com raised shares of Hudbay Minerals from a “hold” rating to a “buy” rating in a report on Friday, February 7th. Five investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Hudbay Minerals currently has an average rating of “Buy” and an average price target of $11.17.
Hudbay Minerals Stock Performance
HBM opened at $7.11 on Monday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.47 and a current ratio of 1.86. The stock has a market capitalization of $2.81 billion, a price-to-earnings ratio of 39.47 and a beta of 1.74. The company has a fifty day moving average of $8.45 and a 200 day moving average of $8.55. Hudbay Minerals has a fifty-two week low of $5.45 and a fifty-two week high of $10.49.
Hudbay Minerals (NYSE:HBM – Get Free Report) (TSE:HBM) last announced its quarterly earnings data on Wednesday, February 19th. The mining company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.02). Hudbay Minerals had a net margin of 3.80% and a return on equity of 7.29%. The company had revenue of $584.90 million for the quarter, compared to analysts’ expectations of $588.28 million. During the same period last year, the business earned $0.20 earnings per share. The company’s quarterly revenue was down 2.9% compared to the same quarter last year.
Hedge Funds Weigh In On Hudbay Minerals
Several institutional investors have recently bought and sold shares of HBM. Prospera Private Wealth LLC purchased a new stake in shares of Hudbay Minerals during the 3rd quarter valued at about $28,000. Tower Research Capital LLC TRC raised its holdings in Hudbay Minerals by 9,877.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the mining company’s stock valued at $25,000 after buying an additional 3,062 shares during the period. Clear Harbor Asset Management LLC bought a new position in Hudbay Minerals during the 3rd quarter valued at about $92,000. Algert Global LLC bought a new stake in Hudbay Minerals during the 4th quarter valued at about $86,000. Finally, Plato Investment Management Ltd purchased a new position in Hudbay Minerals during the fourth quarter valued at approximately $95,000. Institutional investors own 57.82% of the company’s stock.
Hudbay Minerals Increases Dividend
The firm also recently declared a semi-annual dividend, which will be paid on Friday, March 21st. Investors of record on Tuesday, March 4th will be paid a dividend of $0.007 per share. This is an increase from Hudbay Minerals’s previous semi-annual dividend of $0.01. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a yield of 0.2%. Hudbay Minerals’s dividend payout ratio is presently 5.56%.
About Hudbay Minerals
Hudbay Minerals Inc, a diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America. It produces copper concentrates containing gold, silver, and molybdenum; gold concentrates containing zinc; zinc concentrates; molybdenum concentrates; and silver/gold doré.
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