Q2 Earnings Estimate for Hudbay Minerals Issued By Cormark

Hudbay Minerals Inc. (NYSE:HBM - Free Report) TSE: HBM - Cormark boosted their Q2 2025 earnings per share (EPS) estimates for Hudbay Minerals in a report issued on Monday, March 31st. Cormark analyst S. Ioannou now forecasts that the mining company will post earnings of $0.13 per share for the quarter, up from their prior estimate of $0.12. The consensus estimate for Hudbay Minerals' current full-year earnings is $0.79 per share. Cormark also issued estimates for Hudbay Minerals' Q3 2025 earnings at $0.17 EPS, Q1 2026 earnings at $0.08 EPS and Q4 2026 earnings at $0.08 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 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.02). Hudbay Minerals had a return on equity of 7.29% and a net margin of 3.80%. The business had revenue of $584.90 million during the quarter, compared to the consensus estimate of $588.28 million. During the same period in the prior year, the firm earned $0.20 earnings per share. The business's quarterly revenue was down 2.9% on a year-over-year basis.

Several other equities analysts have also issued reports on HBM. Stifel Canada upgraded Hudbay Minerals to a "strong-buy" rating in a research note on Wednesday, March 19th. Desjardins assumed coverage on Hudbay Minerals in a research note on Friday. They issued a "buy" rating for the company. Finally, StockNews.com raised Hudbay Minerals from a "hold" rating to a "buy" rating in a research report on Friday, February 7th. Four research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $11.50.

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Hudbay Minerals Stock Performance

Hudbay Minerals stock traded down $0.82 during mid-day trading on Wednesday, reaching $6.30. The company had a trading volume of 11,777,896 shares, compared to its average volume of 4,452,353. 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 firm has a market cap of $2.49 billion, a price-to-earnings ratio of 34.97 and a beta of 1.62. The company has a 50 day moving average of $7.94 and a 200-day moving average of $8.53. Hudbay Minerals has a 52 week low of $6.04 and a 52 week high of $10.49.

Hudbay Minerals Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 4th were paid a $0.007 dividend. This is a positive change from Hudbay Minerals's previous semi-annual dividend of $0.01. This represents a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, March 4th. Hudbay Minerals's dividend payout ratio is currently 5.56%.

Hedge Funds Weigh In On Hudbay Minerals

Hedge funds and other institutional investors have recently modified their holdings of the stock. Cinctive Capital Management LP grew its position in Hudbay Minerals by 39.7% in the third quarter. Cinctive Capital Management LP now owns 410,669 shares of the mining company's stock valued at $3,777,000 after acquiring an additional 116,732 shares during the period. Toronto Dominion Bank boosted its stake in shares of Hudbay Minerals by 300.9% in the 3rd quarter. Toronto Dominion Bank now owns 226,841 shares of the mining company's stock valued at $2,085,000 after purchasing an additional 170,257 shares in the last quarter. Mountaineer Partners Management LLC grew its holdings in shares of Hudbay Minerals by 792.5% in the 3rd 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 during the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Hudbay Minerals by 9.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,346,659 shares of the mining company's stock worth $12,395,000 after purchasing an additional 117,275 shares in the last quarter. Finally, Barclays PLC lifted its holdings in Hudbay Minerals by 2,414.5% during the 3rd quarter. Barclays PLC now owns 86,475 shares of the mining company's stock valued at $795,000 after purchasing an additional 83,036 shares during the last quarter. Institutional investors 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.