Stifel Canada Weighs in on Hudbay Minerals FY2025 Earnings

Hudbay Minerals Inc. (NYSE:HBM - Free Report) TSE: HBM - Investment analysts at Stifel Canada issued their FY2025 earnings per share estimates for shares of Hudbay Minerals in a research note issued on Wednesday, March 19th. Stifel Canada analyst R. Profiti expects that the mining company will earn $0.55 per share for the year. Stifel Canada currently has a "Strong-Buy" rating on the stock. The consensus estimate for Hudbay Minerals' current full-year earnings is $0.79 per share. Stifel Canada also issued estimates for Hudbay Minerals' FY2026 earnings at $0.57 EPS, FY2027 earnings at $0.47 EPS, FY2028 earnings at $0.66 EPS and FY2029 earnings at $0.95 EPS.

Separately, StockNews.com upgraded shares of Hudbay Minerals from a "hold" rating to a "buy" rating in a report on Friday, February 7th. Four 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 company presently has an average rating of "Buy" and an average price target of $11.50.

Hudbay Minerals Stock Up 1.9 %

NYSE HBM traded up $0.16 on Friday, hitting $8.45. 6,446,151 shares of the company were exchanged, compared to its average volume of 4,031,067. 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 company has a market cap of $3.34 billion, a PE ratio of 46.95 and a beta of 1.72. The stock has a fifty day moving average of $8.12 and a 200-day moving average of $8.52. Hudbay Minerals has a 12 month low of $6.42 and a 12 month high of $10.49.

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Hudbay Minerals (NYSE:HBM - Get Free Report) TSE: HBM last released its 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 firm had revenue of $584.90 million during the quarter, compared to analyst estimates of $588.28 million. Hudbay Minerals had a net margin of 3.80% and a return on equity of 7.29%. Hudbay Minerals's quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.20 EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Pictet Asset Management Holding SA lifted its position in shares of Hudbay Minerals by 2.0% during the 4th quarter. Pictet Asset Management Holding SA now owns 66,380 shares of the mining company's stock worth $538,000 after buying an additional 1,278 shares in the last quarter. Northwest & Ethical Investments L.P. increased its position in shares of Hudbay Minerals by 0.8% during the third quarter. Northwest & Ethical Investments L.P. now owns 197,289 shares of the mining company's stock valued at $1,815,000 after acquiring an additional 1,487 shares during the last quarter. Sprott Inc. lifted its holdings in Hudbay Minerals by 3.5% during the fourth quarter. Sprott Inc. now owns 63,662 shares of the mining company's stock worth $516,000 after acquiring an additional 2,162 shares during the period. FMR LLC boosted its position in Hudbay Minerals by 0.7% in the third quarter. FMR LLC now owns 354,392 shares of the mining company's stock worth $3,260,000 after purchasing an additional 2,624 shares during the last quarter. Finally, Alliancebernstein L.P. grew its stake in Hudbay Minerals by 3.9% in the 4th quarter. Alliancebernstein L.P. now owns 72,730 shares of the mining company's stock valued at $589,000 after purchasing an additional 2,740 shares during the period. 57.82% of the stock is currently owned by hedge funds and other institutional investors.

Hudbay Minerals Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 4th were issued a $0.007 dividend. The ex-dividend date was Tuesday, March 4th. This represents a dividend 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 is currently 5.56%.

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.