Southern Copper (NYSE:SCCO) Releases Earnings Results

Southern Copper (NYSE:SCCO) issued its quarterly earnings data on Tuesday. The basic materials company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.06, Briefing.com reports. The firm had revenue of $4.29 billion during the quarter, compared to the consensus estimate of $4.37 billion. Southern Copper had a return on equity of 45.63% and a net margin of 34.13%.The firm’s quarterly revenue was up 40.6% compared to the same quarter last year.

Southern Copper Stock Performance

Shares of NYSE SCCO traded down $8.59 during midday trading on Thursday, hitting $186.89. 661,462 shares of the company’s stock were exchanged, compared to its average volume of 1,718,284. The company has a quick ratio of 3.89, a current ratio of 4.38 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $154.39 billion, a PE ratio of 30.88, a price-to-earnings-growth ratio of 1.61 and a beta of 1.11. The company’s 50 day moving average price is $180.83 and its 200 day moving average price is $183.17. Southern Copper has a 12 month low of $88.73 and a 12 month high of $223.88.

Southern Copper shares are scheduled to split on the morning of Tuesday, August 11th. The 1.012-1 split was recently announced. The newly issued shares will be distributed to shareholders after the market closes on Monday, August 10th.

Southern Copper Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Tuesday, August 11th will be given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 2.4%. This is an increase from Southern Copper’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend is Tuesday, August 11th. Southern Copper’s payout ratio is currently 66.12%.

Key Stories Impacting Southern Copper

Here are the key news stories impacting Southern Copper this week:

• Positive Sentiment: Southern Copper reported quarterly EPS of $2.01, beating analyst estimates, and revenue grew 40.6% year over year, reinforcing expectations for strong operating performance. Southern Copper earnings transcript
• Positive Sentiment: Copper prices firmed, which is typically favorable for SCCO because higher metal prices can boost realized pricing and profitability for a copper producer. Southern Copper in focus as copper prices firm
• Neutral Sentiment: Revenue came in slightly below expectations despite the strong year-over-year growth, so the earnings release was good but not perfect. Southern Copper press release
• Negative Sentiment: Broader copper-market volatility remains a risk, and a sharp pullback in copper futures could pressure SCCO if metal prices weaken further. Copper’s Biggest Intraday Drop in 2026: 5 Stocks Most at Risk Today

Insider Activity

In related news, Director Bonilla Luis Miguel Palomino sold 200 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $177.82, for a total value of $35,564.00. Following the transaction, the director owned 1,807 shares in the company, valued at approximately $321,320.74. This trade represents a 9.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders sold 404 shares of company stock worth $74,108. Corporate insiders own 0.07% of the company’s stock.

Hedge Funds Weigh In On Southern Copper

A number of large investors have recently modified their holdings of SCCO. Virtus Advisers LLC bought a new position in shares of Southern Copper during the 4th quarter worth approximately $29,000. Ameriflex Group Inc. increased its holdings in Southern Copper by 239.7% during the 4th quarter. Ameriflex Group Inc. now owns 265 shares of the basic materials company’s stock worth $38,000 after acquiring an additional 187 shares during the period. Caitlin John LLC boosted its stake in Southern Copper by 54.9% during the fourth quarter. Caitlin John LLC now owns 378 shares of the basic materials company’s stock valued at $54,000 after buying an additional 134 shares during the period. Rakuten Securities Inc. purchased a new position in Southern Copper during the second quarter worth about $45,000. Finally, Greenline Wealth Management LLC bought a new stake in shares of Southern Copper during the 4th quarter valued at about $73,000. 7.94% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on SCCO shares. The Goldman Sachs Group upgraded Southern Copper from a “sell” rating to a “neutral” rating and set a $178.00 price objective on the stock in a report on Friday, April 10th. Barclays set a $166.00 target price on shares of Southern Copper and gave the company an “underweight” rating in a research note on Thursday. Scotiabank restated an “underperform” rating and issued a $140.00 price target (up from $135.00) on shares of Southern Copper in a research report on Monday, June 15th. UBS Group reaffirmed a “sell” rating and set a $160.00 target price (up from $145.00) on shares of Southern Copper in a report on Tuesday, June 30th. Finally, Wall Street Zen raised shares of Southern Copper from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have issued a Hold rating and seven have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $148.60.

Southern Copper Company Profile

Southern Copper Corporation (NYSE: SCCO) is a large, integrated copper producer whose operations span the full value chain from exploration and mining to smelting, refining and the sale of copper and other metal products. The company produces a range of copper products including copper concentrate and refined cathodes, and recovers valuable byproducts such as molybdenum, silver and zinc. Southern Copper concentrates on high-volume, long-life assets designed to support steady production and processing capabilities.

Southern Copper’s operations are concentrated in Peru and Mexico, where it owns and operates multiple large-scale mining and processing facilities.