Hudbay Minerals Q1 EPS Estimate Reduced by Raymond James

Hudbay Minerals Inc. (NYSE:HBM) (TSE:HBM) – Raymond James reduced their Q1 2025 earnings estimates for shares of Hudbay Minerals in a research note issued on Tuesday, March 4th. Raymond James analyst F. Hamed now anticipates that the mining company will earn $0.20 per share for the quarter, down from their prior forecast 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.

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

Hudbay Minerals Trading Down 3.7 %

HBM stock opened at $6.97 on Thursday. The company has a quick ratio of 1.47, a current ratio of 1.86 and a debt-to-equity ratio of 0.44. The company has a market cap of $2.75 billion, a price-to-earnings ratio of 38.70 and a beta of 1.72. The business has a fifty day simple moving average of $8.31 and a 200-day simple moving average of $8.52. Hudbay Minerals has a 52 week low of $6.20 and a 52 week high of $10.49.

Hudbay Minerals (NYSE:HBM) (TSE:HBM) last issued 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 company had revenue of $584.90 million for the quarter, compared to analyst estimates of $588.28 million. Hudbay Minerals had a return on equity of 7.29% and a net margin of 3.80%. The business’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same period last year, the company posted $0.20 EPS.

Hudbay Minerals Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Friday, March 21st. Stockholders of record on Tuesday, March 4th will be paid a $0.007 dividend. This represents a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, March 4th. This is an increase from Hudbay Minerals’s previous semi-annual dividend of $0.01. Hudbay Minerals’s dividend payout ratio (DPR) is currently 5.56%.

Hedge Funds Weigh In On Hudbay Minerals

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Polar Asset Management Partners Inc. raised its position in Hudbay Minerals by 121.7% in the fourth quarter. Polar Asset Management Partners Inc. now owns 1,694,700 shares of the mining company’s stock valued at $13,550,000 after purchasing an additional 930,300 shares during the period. Public Employees Retirement System of Ohio raised its holdings in shares of Hudbay Minerals by 83.8% during the 4th quarter. Public Employees Retirement System of Ohio now owns 224,070 shares of the mining company’s stock valued at $1,817,000 after buying an additional 102,179 shares during the period. Vise Technologies Inc. acquired a new position in Hudbay Minerals during the 4th quarter worth approximately $193,000. Woodline Partners LP boosted its holdings in Hudbay Minerals by 216.5% in the 4th quarter. Woodline Partners LP now owns 2,124,494 shares of the mining company’s stock worth $17,208,000 after acquiring an additional 1,453,173 shares during the period. Finally, Two Sigma Advisers LP grew its position in Hudbay Minerals by 12.6% in the fourth quarter. Two Sigma Advisers LP now owns 783,146 shares of the mining company’s stock valued at $6,343,000 after acquiring an additional 87,500 shares in the last quarter. Institutional investors and hedge funds own 57.82% of the company’s stock.

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.