Hudbay Minerals Inc. (NYSE:HBM – Free Report) (TSE:HBM) – Stock analysts at Haywood Securities reduced their Q1 2025 EPS estimates for Hudbay Minerals in a research note issued on Wednesday, March 12th. Haywood Securities analyst P. Vaillancourt now anticipates that the mining company will post earnings per share of $0.14 for the quarter, down from their previous forecast of $0.17. The consensus estimate for Hudbay Minerals’ current full-year earnings is $0.79 per share. Haywood Securities also issued estimates for Hudbay Minerals’ Q2 2025 earnings at $0.15 EPS and Q4 2025 earnings at $0.11 EPS.
Separately, StockNews.com raised shares of Hudbay Minerals from a “hold” rating to a “buy” rating in a report 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’s stock. Based on data from MarketBeat, Hudbay Minerals has an average rating of “Buy” and a consensus target price of $11.17.
Hudbay Minerals Trading Up 4.5 %
Hudbay Minerals stock opened at $7.73 on Friday. The stock has a market cap of $3.05 billion, a P/E ratio of 42.92 and a beta of 1.72. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.86 and a quick ratio of 1.47. Hudbay Minerals has a 1 year low of $6.42 and a 1 year high of $10.49. The firm’s 50 day moving average price is $8.18 and its 200-day moving average price is $8.48.
Hudbay Minerals (NYSE:HBM – Get Free Report) (TSE:HBM) last released its quarterly earnings data on Wednesday, February 19th. The mining company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.02). The company had revenue of $584.90 million for the quarter, compared to the consensus estimate of $588.28 million. Hudbay Minerals had a net margin of 3.80% and a return on equity of 7.29%. The company’s quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.20 EPS.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Cinctive Capital Management LP boosted its stake in Hudbay Minerals by 39.7% during the third quarter. Cinctive Capital Management LP now owns 410,669 shares of the mining company’s stock worth $3,777,000 after buying an additional 116,732 shares during the period. Bank of Montreal Can raised its holdings in shares of Hudbay Minerals by 23.1% in the third quarter. Bank of Montreal Can now owns 7,691,519 shares of the mining company’s stock valued at $71,308,000 after acquiring an additional 1,441,991 shares in the last quarter. Toronto Dominion Bank raised its holdings in shares of Hudbay Minerals by 300.9% in the third quarter. Toronto Dominion Bank now owns 226,841 shares of the mining company’s stock valued at $2,085,000 after acquiring an additional 170,257 shares in the last quarter. Mountaineer Partners Management LLC raised its holdings in Hudbay Minerals by 792.5% in the third quarter. Mountaineer Partners Management LLC now owns 10,323,605 shares of the mining company’s stock worth $94,874,000 after purchasing an additional 9,166,952 shares in the last quarter. Finally, Jennison Associates LLC lifted its position in shares of Hudbay Minerals by 12.2% during the third quarter. Jennison Associates LLC now owns 3,298,814 shares of the mining company’s stock valued at $30,340,000 after buying an additional 359,126 shares during the last quarter. 57.82% of the stock is owned by hedge funds and other institutional investors.
Hudbay Minerals Increases Dividend
The firm also recently announced a semi-annual dividend, which will be paid on Friday, March 21st. Investors of record on Tuesday, March 4th will be issued a $0.007 dividend. The ex-dividend date is Tuesday, March 4th. This is a positive change from Hudbay Minerals’s previous semi-annual dividend of $0.01. This represents a dividend yield of 0.2%. Hudbay Minerals’s dividend payout ratio (DPR) is 5.56%.
Hudbay Minerals Company Profile
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.
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