Hudbay Minerals Inc. (NYSE:HBM - Free Report) TSE: HBM - Stock analysts at Cormark decreased their Q1 2026 earnings estimates for Hudbay Minerals in a report released on Friday, February 21st. Cormark analyst S. Ioannou now forecasts that the mining company will earn $0.09 per share for the quarter, down from their prior estimate of $0.11. The consensus estimate for Hudbay Minerals' current full-year earnings is $0.79 per share. Cormark also issued estimates for Hudbay Minerals' Q2 2026 earnings at $0.09 EPS, Q3 2026 earnings at $0.09 EPS, Q4 2026 earnings at $0.09 EPS and FY2026 earnings at $0.36 EPS.
Hudbay Minerals (NYSE:HBM - Get Free Report) TSE: HBM last released its quarterly earnings results on Wednesday, February 19th. The mining company reported $0.18 earnings per share (EPS) 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 analysts' expectations of $588.28 million. During the same quarter in the prior year, the business earned $0.20 EPS. The company's quarterly revenue was down 2.9% compared to the same quarter last year.
Separately, StockNews.com upgraded shares of Hudbay Minerals from a "hold" rating to a "buy" rating in a research report on Friday, February 7th. Five analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Hudbay Minerals presently has a consensus rating of "Buy" and an average target price of $11.17.
Check Out Our Latest Report on Hudbay Minerals
Hudbay Minerals Trading Down 4.8 %
NYSE HBM traded down $0.36 during mid-day trading on Monday, hitting $7.06. The company's stock had a trading volume of 7,633,990 shares, compared to its average volume of 6,654,363. The stock's fifty day simple moving average is $8.44 and its two-hundred day simple moving average is $8.54. The firm has a market capitalization of $2.79 billion, a P/E ratio of 39.20 and a beta of 1.74. Hudbay Minerals has a 52-week low of $5.71 and a 52-week high of $10.49. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.86 and a quick ratio of 1.47.
Hedge Funds Weigh In On Hudbay Minerals
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Mountaineer Partners Management LLC lifted its stake in shares of Hudbay Minerals by 792.5% during the 3rd quarter. Mountaineer Partners Management LLC now owns 10,323,605 shares of the mining company's stock valued at $94,874,000 after buying an additional 9,166,952 shares in the last quarter. Norges Bank acquired a new position in shares of Hudbay Minerals in the 4th quarter valued at $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 purchasing an additional 4,253,400 shares in the last quarter. Price T Rowe Associates Inc. MD purchased a new stake in Hudbay Minerals in the fourth quarter valued at $17,657,000. Finally, American Century Companies Inc. raised its stake in shares of Hudbay Minerals by 102.4% in the fourth quarter. American Century Companies Inc. now owns 4,275,895 shares of the mining company's stock valued at $34,684,000 after acquiring an additional 2,163,000 shares in the last quarter. Hedge funds and other institutional investors own 57.82% of the company's stock.
Hudbay Minerals Increases Dividend
The business also recently announced a semi-annual dividend, which will be paid on Friday, March 21st. Investors of record on Tuesday, March 4th will be paid a $0.007 dividend. This is an increase from Hudbay Minerals's previous semi-annual dividend of $0.01. This represents a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, March 4th. Hudbay Minerals's dividend payout ratio (DPR) is currently 5.56%.
About Hudbay Minerals
(
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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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