FY2025 EPS Estimates for Hudbay Minerals Reduced by Analyst

Hudbay Minerals Inc. (NYSE:HBM - Free Report) TSE: HBM - Analysts at Raymond James cut their FY2025 earnings per share (EPS) estimates for Hudbay Minerals in a note issued to investors on Tuesday, March 4th. Raymond James analyst F. Hamed now expects that the mining company will post earnings per share of $0.64 for the year, down from their prior forecast of $0.84. The consensus estimate for Hudbay Minerals' current full-year earnings is $0.79 per share.

Hudbay Minerals (NYSE:HBM - Get Free Report) TSE: HBM last announced its quarterly earnings results on Wednesday, February 19th. The mining company reported $0.18 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.02). Hudbay Minerals had a net margin of 3.80% and a return on equity of 7.29%. 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 previous year, the business posted $0.20 EPS. The firm'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 equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $11.17.

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Hudbay Minerals Trading Down 3.7 %

Shares of NYSE:HBM traded down $0.27 during trading on Friday, reaching $6.97. The company's stock had a trading volume of 9,004,517 shares, compared to its average volume of 6,767,962. The company has a current ratio of 1.86, a quick ratio of 1.47 and a debt-to-equity ratio of 0.44. Hudbay Minerals has a 12 month low of $6.20 and a 12 month high of $10.49. The firm's 50 day simple moving average is $8.28 and its two-hundred day simple moving average is $8.51. The stock has a market capitalization of $2.75 billion, a PE ratio of 38.70 and a beta of 1.72.

Hudbay Minerals Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Friday, March 21st. Shareholders of record on Tuesday, March 4th will be paid a $0.007 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a 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%.

Institutional Trading of Hudbay Minerals

Institutional investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC lifted its stake in Hudbay Minerals by 9,877.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the mining company's stock worth $25,000 after purchasing an additional 3,062 shares during the last quarter. Prospera Private Wealth LLC bought a new stake in Hudbay Minerals in the third quarter worth about $28,000. Algert Global LLC bought a new stake in Hudbay Minerals in the fourth quarter worth about $86,000. Plato Investment Management Ltd bought a new stake in Hudbay Minerals in the fourth quarter worth about $95,000. Finally, Hsbc Holdings PLC bought a new stake in Hudbay Minerals in the fourth quarter worth about $97,000. 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.