FY2025 EPS Estimate for Hudbay Minerals Reduced by Analyst

Hudbay Minerals Inc. (NYSE:HBM) (TSE:HBM) – Research analysts at National Bank Financial lowered their FY2025 EPS estimates for shares of Hudbay Minerals in a report released on Wednesday, February 19th. National Bank Financial analyst S. Nagle now forecasts that the mining company will post earnings per share of $0.28 for the year, down from their previous estimate 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.

Hudbay Minerals (NYSE:HBM) (TSE:HBM) last issued its earnings results 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 firm’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period last year, the business posted $0.20 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 analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $11.17.

Hudbay Minerals Stock Performance

Shares of NYSE:HBM opened at $7.10 on Monday. The company has a market capitalization of $2.80 billion, a price-to-earnings ratio of 39.42 and a beta of 1.74. The firm’s 50 day simple moving average is $8.50 and its 200 day simple moving average is $8.55. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.86 and a quick ratio of 1.47. Hudbay Minerals has a fifty-two week low of $5.22 and a fifty-two week high of $10.49.

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 given a dividend of $0.007 per share. This represents a yield of 0.2%. This is a boost from Hudbay Minerals’s previous semi-annual dividend of $0.01. The ex-dividend date of this dividend is Tuesday, March 4th. Hudbay Minerals’s payout ratio is 5.56%.

Hedge Funds Weigh In On Hudbay Minerals

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mountaineer Partners Management LLC lifted its holdings in shares of Hudbay Minerals by 792.5% during the third quarter. Mountaineer Partners Management LLC now owns 10,323,605 shares of the mining company’s stock worth $94,874,000 after buying an additional 9,166,952 shares in the last quarter. Norges Bank acquired a new stake in shares of Hudbay Minerals during the fourth quarter worth $50,260,000. Dimensional Fund Advisors LP lifted its holdings in shares of 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 in the last quarter. Price T Rowe Associates Inc. MD acquired a new position in Hudbay Minerals in the fourth quarter valued at about $17,657,000. Finally, American Century Companies Inc. raised its stake in 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 purchasing an additional 2,163,000 shares in the last quarter. 57.82% of the stock is owned by institutional investors.

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.