Raymond James Predicts Weaker Earnings for Hudbay Minerals

Hudbay Minerals Inc. (NYSE:HBM) (TSE:HBM) – Stock analysts at Raymond James dropped their Q1 2025 EPS estimates for shares of Hudbay Minerals in a note issued to investors on Tuesday, March 4th. Raymond James analyst F. Hamed now expects that the mining company will post earnings of $0.20 per share for the quarter, down from their previous estimate 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.

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

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

Hudbay Minerals Price Performance

Shares of Hudbay Minerals stock opened at $7.45 on Thursday. The company has a current ratio of 1.86, a quick ratio of 1.47 and a debt-to-equity ratio of 0.44. The company’s 50-day moving average price is $8.33 and its two-hundred day moving average price is $8.53. Hudbay Minerals has a 52 week low of $6.12 and a 52 week high of $10.49. The stock has a market cap of $2.94 billion, a PE ratio of 41.36 and a beta of 1.74.

Institutional Investors Weigh In On Hudbay Minerals

A number of institutional investors and hedge funds have recently modified their holdings of HBM. Tower Research Capital LLC TRC raised its position 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 worth $25,000 after purchasing an additional 3,062 shares during the period. Prospera Private Wealth LLC acquired a new position in Hudbay Minerals during the third quarter worth approximately $28,000. Algert Global LLC bought a new position in shares of Hudbay Minerals during the 4th quarter worth approximately $86,000. Plato Investment Management Ltd bought a new position in shares of Hudbay Minerals in the fourth quarter valued at about $95,000. Finally, Hsbc Holdings PLC acquired a new stake in Hudbay Minerals during the fourth quarter worth approximately $97,000. 57.82% of the stock is owned by institutional investors.

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 $0.007 dividend. This represents a yield of 0.2%. The ex-dividend date is Tuesday, March 4th. This is a boost from Hudbay Minerals’s previous semi-annual dividend of $0.01. Hudbay Minerals’s dividend payout ratio (DPR) is presently 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.