Haywood Securities Forecasts Hudbay Minerals FY2025 Earnings

Hudbay Minerals Inc. (NYSE:HBM) (TSE:HBM) – Investment analysts at Haywood Securities reduced their FY2025 EPS estimates for shares of Hudbay Minerals in a note issued to investors on Wednesday, March 12th. Haywood Securities analyst P. Vaillancourt now expects that the mining company will post earnings of $0.55 per share for the year, down from their previous estimate of $0.83. The consensus estimate for Hudbay Minerals’ current full-year earnings is $0.79 per share. Haywood Securities also issued estimates for Hudbay Minerals’ FY2026 earnings at $0.89 EPS, FY2027 earnings at $0.86 EPS, FY2028 earnings at $0.83 EPS and FY2029 earnings at $0.45 EPS.

Separately, StockNews.com raised shares of Hudbay Minerals from a “hold” rating to a “buy” rating in a research report on Friday, February 7th. Five research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $11.17.

Hudbay Minerals Stock Performance

Shares of NYSE HBM opened at $7.73 on Monday. The business’s 50-day simple moving average is $8.18 and its 200-day simple moving average is $8.49. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.47 and a current ratio of 1.86. Hudbay Minerals has a 52 week low of $6.42 and a 52 week high of $10.49. The firm has a market cap of $3.05 billion, a price-to-earnings ratio of 42.92 and a beta of 1.72.

Hudbay Minerals (NYSE:HBM) (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 analyst estimates of $588.28 million. Hudbay Minerals had a net margin of 3.80% and a return on equity of 7.29%. The firm’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.20 EPS.

Hudbay Minerals Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, March 21st. Stockholders of record on Tuesday, March 4th will be paid a $0.007 dividend. 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 dividend yield of 0.2%. Hudbay Minerals’s dividend payout ratio (DPR) is presently 5.56%.

Institutional Trading of Hudbay Minerals

A number of hedge funds have recently bought and sold shares of the stock. Prospera Private Wealth LLC bought a new stake in shares of Hudbay Minerals in the third quarter valued at about $28,000. PCJ Investment Counsel Ltd. grew its holdings in shares of Hudbay Minerals by 14.1% during the 3rd quarter. PCJ Investment Counsel Ltd. now owns 297,900 shares of the mining company’s stock worth $2,740,000 after purchasing an additional 36,900 shares in the last quarter. Jennison Associates LLC increased its position in shares of Hudbay Minerals by 12.2% during the third quarter. Jennison Associates LLC now owns 3,298,814 shares of the mining company’s stock valued at $30,340,000 after purchasing an additional 359,126 shares during the period. Bank of Montreal Can increased its position in shares of Hudbay Minerals by 23.1% during the third quarter. Bank of Montreal Can now owns 7,691,519 shares of the mining company’s stock valued at $71,308,000 after purchasing an additional 1,441,991 shares during the period. Finally, The Manufacturers Life Insurance Company raised its stake in shares of Hudbay Minerals by 9.5% in the third quarter. The Manufacturers Life Insurance Company now owns 1,346,659 shares of the mining company’s stock valued at $12,395,000 after purchasing an additional 117,275 shares in the last quarter. 57.82% of the stock is owned by institutional investors.

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.