Southern Copper (SCCO) Projected to Release Earnings on Tuesday

Southern Copper (NYSE:SCCO) is expected to issue its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect Southern Copper to post earnings of $2.00 per share and revenue of $4.49 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 11:00 AM ET.

Southern Copper (NYSE:SCCO) last issued its quarterly earnings results on Wednesday, July 22nd. The basic materials company reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.93 by $0.06. The company had revenue of $4.29 billion for the quarter, compared to analyst estimates of $4.37 billion. Southern Copper had a return on equity of 49.04% and a net margin of 35.87%. Southern Copper’s revenue for the quarter was up 40.6% on a year-over-year basis. On average, analysts expect Southern Copper to post $7.94 EPS for the current fiscal year and $7.74 EPS for the next fiscal year.

Southern Copper Stock Performance

Shares of Southern Copper stock opened at $201.75 on Tuesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 5.06 and a quick ratio of 4.56. The firm has a market cap of $168.32 billion, a price-to-earnings ratio of 29.31, a price-to-earnings-growth ratio of 1.76 and a beta of 1.11. The stock’s 50-day moving average is $201.36 and its 200-day moving average is $187.77. Southern Copper has a one year low of $119.25 and a one year high of $223.88.

Southern Copper’s stock is going to split on the morning of Tuesday, November 3rd. The 1.0106-1 split was recently announced. The newly minted shares will be issued to shareholders after the closing bell on Monday, November 2nd.

Southern Copper Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Tuesday, November 3rd will be given a $1.30 dividend. The ex-dividend date of this dividend is Tuesday, November 3rd. This represents a $5.20 dividend on an annualized basis and a yield of 2.6%. This is a boost from Southern Copper’s previous quarterly dividend of $1.10. Southern Copper’s payout ratio is 64.33%.

Analyst Ratings Changes

SCCO has been the topic of several research reports. Weiss Ratings upgraded Southern Copper from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, October 8th. Zacks Research downgraded Southern Copper from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. Wells Fargo & Company raised their price target on shares of Southern Copper from $172.00 to $190.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 6th. CICC Research cut shares of Southern Copper to a “market perform” rating in a research note on Sunday, July 26th. Finally, Wall Street Zen upgraded shares of Southern Copper from a “hold” rating to a “buy” rating in a report on Saturday, October 10th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and seven have given a Sell rating to the company. According to MarketBeat, Southern Copper presently has an average rating of “Reduce” and a consensus target price of $160.95.

Insider Buying and Selling

In other news, Director Luis Palomino Bonilla sold 202 shares of the stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $196.79, for a total transaction of $39,751.28. Following the completion of the transaction, the director directly owned 1,723 shares in the company, valued at $339,066.65. This represents a 10.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Over the last quarter, insiders have sold 704 shares of company stock worth $138,077. Insiders own 0.07% of the company’s stock.

Southern Copper Company Profile

Southern Copper Corporation (NYSE:SCCO) is a mining and metals company engaged primarily in the exploration, development, extraction, processing and production of copper. The company also produces molybdenum, zinc, silver and lead, along with related byproducts. Its operations include open-pit mines, underground mines, concentrators, smelters, refineries and other processing facilities.

Southern Copper operates mainly in Peru and Mexico. Its Peruvian assets include the Toquepala and Cuajone copper mines, while its Mexican operations include the Buenavista del Cobre and La Caridad mines, as well as associated processing and infrastructure facilities.