Hudbay Minerals Inc. (NYSE:HBM – Free Report) (TSE:HBM) – Analysts at Paradigm Capital decreased their FY2025 EPS estimates for shares of Hudbay Minerals in a research note issued to investors on Wednesday, March 5th. Paradigm Capital analyst J. Woolley now anticipates that the mining company will post earnings per share of $0.64 for the year, down from their prior forecast of $0.80. The consensus estimate for Hudbay Minerals’ current full-year earnings is $0.79 per share. Paradigm Capital also issued estimates for Hudbay Minerals’ Q1 2026 earnings at $0.21 EPS, Q2 2026 earnings at $0.21 EPS, Q3 2026 earnings at $0.22 EPS, Q4 2026 earnings at $0.22 EPS and FY2029 earnings at $0.56 EPS.
Separately, StockNews.com upgraded shares of Hudbay Minerals from a “hold” rating to a “buy” rating in a research report on Friday, February 7th. Five equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $11.17.
Hudbay Minerals Trading Down 3.7 %
Shares of NYSE:HBM opened at $6.97 on Friday. 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 $2.75 billion, a price-to-earnings ratio of 38.70 and a beta of 1.72. The stock’s 50-day simple moving average is $8.28 and its two-hundred day simple moving average is $8.51. Hudbay Minerals has a 52-week low of $6.20 and a 52-week high of $10.49.
Hudbay Minerals (NYSE:HBM – Get Free Report) (TSE:HBM) last released its quarterly earnings data on Wednesday, February 19th. The mining company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.02). The business had revenue of $584.90 million during the quarter, compared to the consensus estimate of $588.28 million. Hudbay Minerals had a net margin of 3.80% and a return on equity of 7.29%. The business’s revenue was down 2.9% compared to the same quarter last year. During the same period last year, the company posted $0.20 earnings per share.
Institutional Investors Weigh In On Hudbay Minerals
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HBM. Mountaineer Partners Management LLC boosted its holdings in shares of Hudbay Minerals by 792.5% in the 3rd quarter. Mountaineer Partners Management LLC now owns 10,323,605 shares of the mining company’s stock worth $94,874,000 after purchasing an additional 9,166,952 shares during the period. Norges Bank purchased a new position in Hudbay Minerals during the fourth quarter worth $50,260,000. Dimensional Fund Advisors LP boosted its stake in Hudbay Minerals by 86.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 9,149,134 shares of the mining company’s stock worth $74,105,000 after buying an additional 4,253,400 shares during the period. Price T Rowe Associates Inc. MD bought a new position in Hudbay Minerals during the fourth quarter valued at $17,657,000. Finally, American Century Companies Inc. raised its stake in shares of Hudbay Minerals by 102.4% in the fourth quarter. American Century Companies Inc. now owns 4,275,895 shares of the mining company’s stock valued at $34,684,000 after acquiring an additional 2,163,000 shares during the period. 57.82% of the stock is currently owned by hedge funds and other institutional investors.
Hudbay Minerals Increases Dividend
The business also recently disclosed a semi-annual dividend, which will be paid on Friday, March 21st. Shareholders of record on Tuesday, March 4th will be paid a dividend of $0.007 per share. This is a boost from Hudbay Minerals’s previous semi-annual dividend of $0.01. This represents a yield of 0.2%. The ex-dividend date is Tuesday, March 4th. Hudbay Minerals’s payout ratio is presently 5.56%.
Hudbay Minerals Company Profile
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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