Hudbay Minerals FY2025 EPS Cut by National Bank Financial

Hudbay Minerals Inc. (NYSE:HBM - Free Report) TSE: HBM - Analysts at National Bank Financial reduced their FY2025 EPS estimates for Hudbay Minerals in a research report issued to clients and investors on Wednesday, February 19th. National Bank Financial analyst S. Nagle now anticipates that the mining company will post earnings per share of $0.28 for the year, down from their prior forecast of $0.55. The consensus estimate for Hudbay Minerals' current full-year earnings is $0.79 per share. National Bank Financial also issued estimates for Hudbay Minerals' FY2026 earnings at $0.15 EPS and FY2027 earnings at $0.31 EPS.

Hudbay Minerals (NYSE:HBM - Get Free Report) TSE: HBM last posted its quarterly earnings results 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 business had revenue of $584.90 million for the quarter, compared to analysts' expectations of $588.28 million. Hudbay Minerals had a net margin of 3.80% and a return on equity of 7.29%. The business's quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.20 earnings per share.

Separately, StockNews.com raised shares of Hudbay Minerals from a "hold" rating to a "buy" rating in a research report on Friday, February 7th. Five investment 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, the company presently has a consensus rating of "Buy" and an average price target of $11.17.

Hudbay Minerals Trading Down 4.8 %

HBM stock traded down $0.36 during midday trading on Monday, hitting $7.06. The company had a trading volume of 7,633,990 shares, compared to its average volume of 6,654,363. The stock has a market cap of $2.79 billion, a price-to-earnings 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 current ratio of 1.86, a quick ratio of 1.47 and a debt-to-equity ratio of 0.44. The stock's 50 day moving average price is $8.44 and its 200 day moving average price is $8.54.

Hudbay Minerals Increases Dividend

The firm also recently declared 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 a positive change from Hudbay Minerals's previous semi-annual dividend of $0.01. The ex-dividend date is Tuesday, March 4th. This represents a yield of 0.2%. Hudbay Minerals's dividend payout ratio (DPR) is presently 5.56%.

Institutional Trading of Hudbay Minerals

Several large investors have recently added to or reduced their stakes in the stock. Mountaineer Partners Management LLC lifted its position 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 period. Norges Bank bought a new stake in Hudbay Minerals during the fourth quarter worth about $50,260,000. Dimensional Fund Advisors LP grew its holdings in Hudbay Minerals by 86.9% in 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 during the period. Price T Rowe Associates Inc. MD purchased a new stake in Hudbay Minerals in the fourth quarter worth about $17,657,000. Finally, American Century Companies Inc. increased its stake 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 valued at $34,684,000 after purchasing an additional 2,163,000 shares in the last quarter. 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.