Raymond James Expects Reduced Earnings for Hudbay Minerals

Hudbay Minerals Inc. (TSE:HBM - Free Report) NYSE: HBM - Equities researchers at Raymond James cut their Q1 2025 EPS estimates for Hudbay Minerals in a research note issued to investors on Tuesday, March 4th. Raymond James analyst F. Hamed now anticipates that the mining company will post earnings of $0.28 per share for the quarter, down from their prior forecast of $0.34. The consensus estimate for Hudbay Minerals' current full-year earnings is $1.12 per share. Raymond James also issued estimates for Hudbay Minerals' Q2 2025 earnings at $0.26 EPS and Q4 2025 earnings at $0.14 EPS.

Several other brokerages also recently commented on HBM. Stifel Nicolaus boosted their target price on shares of Hudbay Minerals from C$16.00 to C$16.50 and gave the company a "buy" rating in a research note on Thursday, January 30th. Canaccord Genuity Group dropped their price objective on Hudbay Minerals from C$15.50 to C$14.00 and set a "buy" rating for the company in a report on Thursday, February 20th. Royal Bank of Canada lowered their price target on Hudbay Minerals from C$16.00 to C$15.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. National Bankshares lowered their price target on Hudbay Minerals from C$17.00 to C$15.50 and set an "outperform" rating for the company in a research note on Thursday, February 20th. Finally, TD Securities lowered their target price on Hudbay Minerals from C$15.00 to C$14.00 and set a "buy" rating for the company in a research note on Thursday, February 20th. Thirteen 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 data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of C$15.12.

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Hudbay Minerals Price Performance

Shares of TSE:HBM traded down C$0.32 on Thursday, hitting C$10.02. The stock had a trading volume of 3,345,720 shares, compared to its average volume of 1,793,137. Hudbay Minerals has a twelve month low of C$8.39 and a twelve month high of C$14.33. The company has a debt-to-equity ratio of 46.39, a quick ratio of 0.85 and a current ratio of 1.86. The firm's 50 day moving average price is C$11.90 and its 200-day moving average price is C$11.88. The company has a market capitalization of C$2.78 billion, a price-to-earnings ratio of 28.22, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83.

Insider Activity at Hudbay Minerals

In related news, Director Peter Gerald Jan Kukielski purchased 9,300 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The shares were bought at an average price of C$10.76 per share, for a total transaction of C$100,068.00. Also, Senior Officer Robert Alan Carter sold 8,014 shares of the firm's stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of C$13.24, for a total value of C$106,105.36. 0.07% of the stock is owned by company insiders.

Hudbay Minerals Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 21st will be issued a $0.01 dividend. This represents a dividend yield of 0.1%. The ex-dividend date of this dividend is Tuesday, March 4th. Hudbay Minerals's payout ratio is presently 5.63%.

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.