Hudbay Minerals FY2027 EPS Estimate Decreased by Scotiabank

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Scotiabank cut their FY2027 EPS estimates for Hudbay Minerals in a research note issued to investors on Thursday, February 26th. Scotiabank analyst O. Wowkodaw now forecasts that the mining company will post earnings per share of $2.34 for the year, down from their prior forecast of $2.35. Scotiabank currently has a “Outperform” rating and a $35.50 price objective on the stock. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share.

Hudbay Minerals (TSE:HBM) (NYSE:HBM) last posted its quarterly earnings data on Friday, February 20th. The mining company reported C$0.30 earnings per share for the quarter. The firm had revenue of C$747.72 million during the quarter. Hudbay Minerals had a net margin of 25.80% and a return on equity of 19.30%.

A number of other equities analysts have also recently commented on the company. Raymond James Financial raised their target price on Hudbay Minerals from C$34.00 to C$36.00 and gave the company an “outperform” rating in a report on Monday, January 26th. Citigroup increased their price target on shares of Hudbay Minerals from C$23.00 to C$32.50 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. ATB Cormark Capital Markets lifted their price objective on shares of Hudbay Minerals from C$26.00 to C$37.50 and gave the company an “outperform” rating in a report on Monday, February 23rd. Royal Bank Of Canada upped their target price on shares of Hudbay Minerals from C$26.00 to C$28.00 in a research note on Wednesday, December 10th. Finally, UBS Group set a C$34.50 price target on shares of Hudbay Minerals and gave the company a “buy” rating in a research report on Friday, January 9th. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$37.10.

Hudbay Minerals Trading Down 6.7%

HBM opened at C$34.10 on Monday. Hudbay Minerals has a 52 week low of C$8.49 and a 52 week high of C$38.94. The company has a quick ratio of 0.85, a current ratio of 0.95 and a debt-to-equity ratio of 33.86. The business has a fifty day simple moving average of C$32.85 and a 200-day simple moving average of C$25.39. The firm has a market cap of C$13.53 billion, a P/E ratio of 23.68, a P/E/G ratio of 3.97 and a beta of 2.16.

Hudbay Minerals Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 27th will be given a $0.01 dividend. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a dividend yield of 3.0%. Hudbay Minerals’s dividend payout ratio is currently 0.99%.

Hudbay Minerals Company Profile

Hudbay (TSX, NYSE: HBM) is a copper-focused critical minerals mining company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining jurisdictions of Canada, Peru and the United States. Hudbay’s operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the Company, which is complemented by meaningful gold production and by-product zinc, silver and molybdenum.