Q1 2025 EPS Estimates for Hudbay Minerals Inc. (NYSE:HBM) Lifted by Cormark

Hudbay Minerals Inc. (NYSE:HBMFree Report) (TSE:HBM) – Analysts at Cormark upped their Q1 2025 earnings estimates for Hudbay Minerals in a report issued on Monday, April 1st. Cormark analyst S. Ioannou now forecasts that the mining company will post earnings per share of $0.12 for the quarter, up from their prior estimate of $0.11. The consensus estimate for Hudbay Minerals’ current full-year earnings is $0.41 per share. Cormark also issued estimates for Hudbay Minerals’ Q4 2025 earnings at $0.04 EPS and FY2025 earnings at $0.39 EPS.

Other equities analysts also recently issued research reports about the stock. Stifel Nicolaus assumed coverage on shares of Hudbay Minerals in a research note on Tuesday, March 26th. They issued a “buy” rating for the company. Raymond James lifted their target price on shares of Hudbay Minerals from $9.00 to $10.50 and gave the stock an “outperform” rating in a research note on Wednesday, March 20th. Finally, StockNews.com upgraded shares of Hudbay Minerals from a “hold” rating to a “buy” rating in a research note on Friday. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $9.90.

Check Out Our Latest Analysis on HBM

Hudbay Minerals Stock Performance

NYSE HBM opened at $6.98 on Tuesday. Hudbay Minerals has a 52-week low of $3.94 and a 52-week high of $7.14. The company has a 50-day simple moving average of $5.99 and a 200 day simple moving average of $5.24. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.87 and a current ratio of 1.25. The company has a market capitalization of $2.45 billion, a PE ratio of 34.88, a price-to-earnings-growth ratio of 1.31 and a beta of 1.95.

Hudbay Minerals (NYSE:HBMGet Free Report) (TSE:HBM) last posted its quarterly earnings data on Friday, February 23rd. The mining company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.06. Hudbay Minerals had a net margin of 3.95% and a return on equity of 3.86%. The business had revenue of $602.20 million during the quarter, compared to the consensus estimate of $552.74 million. During the same quarter last year, the company posted $0.01 earnings per share. The firm’s quarterly revenue was up 87.5% compared to the same quarter last year.

Hedge Funds Weigh In On Hudbay Minerals

A number of large investors have recently modified their holdings of the company. Letko Brosseau & Associates Inc. boosted its position in shares of Hudbay Minerals by 0.7% in the fourth quarter. Letko Brosseau & Associates Inc. now owns 16,569,958 shares of the mining company’s stock valued at $91,609,000 after acquiring an additional 114,266 shares during the period. L1 Capital Pty Ltd lifted its position in Hudbay Minerals by 15.1% during the third quarter. L1 Capital Pty Ltd now owns 16,299,356 shares of the mining company’s stock valued at $79,378,000 after purchasing an additional 2,141,437 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in Hudbay Minerals by 28.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,375,985 shares of the mining company’s stock valued at $51,836,000 after purchasing an additional 2,085,641 shares during the last quarter. Vanguard Group Inc. lifted its position in Hudbay Minerals by 3.6% during the third quarter. Vanguard Group Inc. now owns 7,550,257 shares of the mining company’s stock valued at $30,428,000 after purchasing an additional 260,223 shares during the last quarter. Finally, Invesco Ltd. lifted its position in Hudbay Minerals by 60.2% during the third quarter. Invesco Ltd. now owns 6,998,581 shares of the mining company’s stock valued at $34,083,000 after purchasing an additional 2,630,780 shares during the last quarter. 57.82% of the stock is currently owned by institutional investors.

Hudbay Minerals Cuts Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 5th were given a $0.0074 dividend. The ex-dividend date of this dividend was Monday, March 4th. This represents a dividend yield of 0.3%. Hudbay Minerals’s dividend payout ratio (DPR) is currently 5.00%.

About Hudbay Minerals

(Get Free Report)

Hudbay Minerals Inc, a diversified mining company, together with its subsidiaries, 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.

See Also

Earnings History and Estimates for Hudbay Minerals (NYSE:HBM)

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