FY2025 EPS Estimate for Hudbay Minerals Cut by Analyst

Hudbay Minerals Inc. (NYSE:HBM) (TSE:HBM) – Analysts at Haywood Securities decreased their FY2025 earnings per share (EPS) estimates for shares of Hudbay Minerals in a research report issued on Wednesday, March 12th. Haywood Securities analyst P. Vaillancourt now forecasts 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.

Hudbay Minerals (NYSE:HBM) (TSE:HBM) last issued its earnings results on Wednesday, February 19th. The mining company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $588.28 million. During the same quarter in the previous year, the company earned $0.20 EPS. The firm’s quarterly revenue was down 2.9% compared to the same quarter last year.

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

Hudbay Minerals Stock Up 2.2 %

Shares of HBM opened at $8.23 on Monday. Hudbay Minerals has a 52 week low of $6.42 and a 52 week high of $10.49. The company has a quick ratio of 1.47, a current ratio of 1.86 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $3.25 billion, a price-to-earnings ratio of 45.70 and a beta of 1.72. The stock’s 50-day moving average price is $8.16 and its 200-day moving average price is $8.49.

Hudbay Minerals Increases Dividend

The firm also recently declared 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. The ex-dividend date 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 is currently 5.56%.

Hedge Funds Weigh In On Hudbay Minerals

A number of hedge funds have recently made changes to their positions in HBM. Tower Research Capital LLC TRC raised its holdings in shares of Hudbay Minerals by 9,877.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the mining company’s stock valued at $25,000 after acquiring an additional 3,062 shares during the last quarter. Prospera Private Wealth LLC acquired a new stake in shares of Hudbay Minerals in the third quarter valued at approximately $28,000. Algert Global LLC acquired a new stake in shares of Hudbay Minerals in the fourth quarter valued at approximately $86,000. Plato Investment Management Ltd acquired a new stake in shares of Hudbay Minerals in the fourth quarter valued at approximately $95,000. Finally, Hsbc Holdings PLC acquired a new stake in shares of Hudbay Minerals in the fourth quarter valued at approximately $97,000. Institutional investors and hedge funds own 57.82% of the company’s stock.

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.