Q1 EPS Estimates for Hudbay Minerals Decreased by Analyst

Hudbay Minerals Inc. (NYSE:HBM - Free Report) TSE: HBM - Investment analysts at National Bank Financial decreased their Q1 2025 earnings estimates for Hudbay Minerals in a report issued on Wednesday, February 19th. National Bank Financial analyst S. Nagle now expects that the mining company will earn $0.10 per share for the quarter, down from their prior estimate of $0.17. The consensus estimate for Hudbay Minerals' current full-year earnings is $0.79 per share. National Bank Financial also issued estimates for Hudbay Minerals' Q2 2025 earnings at $0.10 EPS.

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

Separately, StockNews.com upgraded Hudbay Minerals from a "hold" rating to a "buy" rating in a research note on Friday, February 7th. Five investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Hudbay Minerals has an average rating of "Buy" and an average target price of $11.17.

Hudbay Minerals Stock Down 1.9 %

NYSE HBM traded down $0.14 during trading on Friday, reaching $7.11. 7,949,232 shares of the company's stock were exchanged, compared to its average volume of 6,524,973. The company has a 50 day moving average price of $8.47 and a two-hundred day moving average price of $8.55. The stock has a market cap of $2.81 billion, a P/E ratio of 39.47 and a beta of 1.74. Hudbay Minerals has a 1 year low of $5.45 and a 1 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.

Hudbay Minerals Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Friday, March 21st. Investors of record on Tuesday, March 4th will be given a $0.007 dividend. The ex-dividend date is Tuesday, March 4th. This is a boost from Hudbay Minerals's previous semi-annual dividend of $0.01. This represents a dividend yield of 0.2%. Hudbay Minerals's dividend payout ratio is 5.56%.

Institutional Investors Weigh In On Hudbay Minerals

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HBM. Mountaineer Partners Management LLC raised its position in 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 valued at $94,874,000 after purchasing an additional 9,166,952 shares during the last quarter. Norges Bank acquired a new position in Hudbay Minerals in the fourth quarter valued at $50,260,000. Dimensional Fund Advisors LP raised its holdings in shares of 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 valued at $74,105,000 after buying an additional 4,253,400 shares during the last quarter. Price T Rowe Associates Inc. MD acquired a new stake in shares of Hudbay Minerals during the fourth quarter worth about $17,657,000. Finally, American Century Companies Inc. grew its holdings 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 last quarter. Hedge funds and other 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.