Raymond James Predicts Weaker Earnings for Hudbay Minerals

Hudbay Minerals Inc. (NYSE:HBM) (TSE:HBM) – Analysts at Raymond James lowered their Q1 2025 earnings per share estimates for Hudbay Minerals in a note issued to investors on Tuesday, March 4th. Raymond James analyst F. Hamed now forecasts that the mining company will post earnings per share of $0.20 for the quarter, down from their previous forecast of $0.24. The consensus estimate for Hudbay Minerals’ current full-year earnings is $0.79 per share. Raymond James also issued estimates for Hudbay Minerals’ Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $0.15 EPS and Q4 2025 earnings at $0.10 EPS.

Separately, StockNews.com raised Hudbay Minerals from a “hold” rating to a “buy” rating in a 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’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $11.17.

Hudbay Minerals Price Performance

Shares of NYSE HBM opened at $7.23 on Thursday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.86 and a quick ratio of 1.47. The stock has a fifty day moving average price of $8.33 and a 200 day moving average price of $8.53. Hudbay Minerals has a 1-year low of $6.20 and a 1-year high of $10.49. The company has a market cap of $2.85 billion, a PE ratio of 40.14 and a beta of 1.74.

Hudbay Minerals (NYSE:HBM) (TSE:HBM) last issued its quarterly earnings results on Wednesday, February 19th. The mining company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.02). Hudbay Minerals had a return on equity of 7.29% and a net margin of 3.80%. The company had revenue of $584.90 million for the quarter, compared to analyst estimates of $588.28 million. During the same period in the prior year, the business earned $0.20 earnings per share. Hudbay Minerals’s revenue for the quarter was down 2.9% compared to the same quarter last year.

Institutional Investors Weigh In On Hudbay Minerals

Hedge funds and other institutional investors have recently bought and sold shares of the business. Prospera Private Wealth LLC acquired a new stake in Hudbay Minerals in the third quarter valued at $28,000. Tower Research Capital LLC TRC raised its stake in shares of 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 worth $25,000 after buying an additional 3,062 shares during the last quarter. Algert Global LLC acquired a new position in shares of Hudbay Minerals during the 4th quarter worth $86,000. Plato Investment Management Ltd acquired a new position in shares of Hudbay Minerals during the 4th quarter worth $95,000. Finally, Hsbc Holdings PLC acquired a new position in shares of Hudbay Minerals during the 4th quarter worth $97,000. Institutional investors and hedge funds own 57.82% of the company’s stock.

Hudbay Minerals Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Friday, March 21st. Shareholders of record on Tuesday, March 4th will be issued a $0.007 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a yield of 0.2%. This is an increase from Hudbay Minerals’s previous semi-annual dividend of $0.01. Hudbay Minerals’s dividend payout ratio (DPR) is 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.