Haywood Securities Comments on Hudbay Minerals Q1 Earnings

Hudbay Minerals Inc. (NYSE:HBM - Free Report) TSE: HBM - Equities research analysts at Haywood Securities reduced their Q1 2025 earnings estimates for shares of Hudbay Minerals in a research report issued on Wednesday, March 12th. Haywood Securities analyst P. Vaillancourt now forecasts that the mining company will earn $0.14 per share for the quarter, down from their prior 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.

Hudbay Minerals (NYSE:HBM - Get Free Report) TSE: HBM last issued its quarterly earnings results on Wednesday, February 19th. The mining company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.02). Hudbay Minerals had a return on equity of 7.29% and a net margin of 3.80%. The firm had revenue of $584.90 million for the quarter, compared to the consensus estimate of $588.28 million. During the same period last year, the company posted $0.20 EPS. The business's revenue was down 2.9% on a year-over-year basis.

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 assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $11.17.

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Hudbay Minerals Price Performance

Shares of Hudbay Minerals stock traded up $0.34 on Friday, reaching $7.73. 9,301,356 shares of the stock were exchanged, compared to its average volume of 3,919,660. The firm's 50 day moving average is $8.18 and its 200-day moving average is $8.48. Hudbay Minerals has a one year low of $6.42 and a one year high of $10.49. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.47 and a current ratio of 1.86. The firm has a market cap of $3.05 billion, a PE ratio of 42.92 and a beta of 1.72.

Hudbay Minerals Increases Dividend

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

Hedge Funds Weigh In On Hudbay Minerals

Several large investors have recently modified their holdings of the business. Mountaineer Partners Management LLC increased its position in shares of Hudbay Minerals by 792.5% during the third quarter. Mountaineer Partners Management LLC now owns 10,323,605 shares of the mining company's stock worth $94,874,000 after buying an additional 9,166,952 shares during the period. Norges Bank acquired a new stake in shares of Hudbay Minerals during the fourth quarter worth $50,260,000. Dimensional Fund Advisors LP increased its position in shares of Hudbay Minerals by 86.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 9,149,134 shares of the mining company's stock worth $74,105,000 after buying an additional 4,253,400 shares during the period. Price T Rowe Associates Inc. MD acquired a new stake in shares of Hudbay Minerals during the fourth quarter worth $17,657,000. Finally, American Century Companies Inc. increased its position in shares of Hudbay Minerals by 102.4% during the fourth quarter. American Century Companies Inc. now owns 4,275,895 shares of the mining company's stock worth $34,684,000 after buying an additional 2,163,000 shares during the period. Institutional investors own 57.82% of the company's stock.

About Hudbay Minerals

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.