
Sociedad Quimica y Minera S.A. (NYSE:SQM – Free Report) – Equities research analysts at Scotiabank upped their FY2026 earnings per share (EPS) estimates for shares of Sociedad Quimica y Minera in a report released on Wednesday, May 6th. Scotiabank analyst B. Isaacson now expects that the basic materials company will post earnings of $6.84 per share for the year, up from their prior forecast of $6.24. Scotiabank currently has a “Sector Outperform” rating and a $100.00 target price on the stock. The consensus estimate for Sociedad Quimica y Minera’s current full-year earnings is $7.18 per share.
SQM has been the topic of several other reports. JPMorgan Chase & Co. boosted their target price on Sociedad Quimica y Minera from $79.00 to $93.00 and gave the company an “overweight” rating in a research note on Tuesday, January 20th. Clarkson Capital reissued a “neutral” rating and set a $90.00 target price on shares of Sociedad Quimica y Minera in a research note on Thursday, January 22nd. HSBC raised Sociedad Quimica y Minera to a “strong-buy” rating in a research note on Monday, January 19th. Deutsche Bank Aktiengesellschaft boosted their target price on Sociedad Quimica y Minera from $88.00 to $91.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. Finally, Zacks Research cut Sociedad Quimica y Minera from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $71.42.
Sociedad Quimica y Minera Stock Performance
Shares of SQM stock opened at $91.66 on Friday. Sociedad Quimica y Minera has a fifty-two week low of $29.36 and a fifty-two week high of $98.00. The stock has a 50 day moving average price of $81.58 and a two-hundred day moving average price of $71.36. The company has a market capitalization of $26.18 billion, a P/E ratio of 44.71, a PEG ratio of 0.27 and a beta of 1.00.
Sociedad Quimica y Minera (NYSE:SQM – Get Free Report) last posted its earnings results on Saturday, February 14th. The basic materials company reported $0.64 earnings per share for the quarter. The business had revenue of $1.32 billion during the quarter. Sociedad Quimica y Minera had a return on equity of 9.69% and a net margin of 12.85%.
Hedge Funds Weigh In On Sociedad Quimica y Minera
Several institutional investors have recently made changes to their positions in the business. Boston Common Asset Management LLC bought a new position in Sociedad Quimica y Minera in the third quarter worth approximately $2,767,000. Robeco Institutional Asset Management B.V. grew its position in shares of Sociedad Quimica y Minera by 33.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 71,429 shares of the basic materials company’s stock valued at $3,070,000 after acquiring an additional 17,869 shares during the period. Peregrine Investment Management Inc. increased its stake in shares of Sociedad Quimica y Minera by 58.6% in the 3rd quarter. Peregrine Investment Management Inc. now owns 219,150 shares of the basic materials company’s stock worth $9,419,000 after purchasing an additional 80,970 shares in the last quarter. Liontrust Investment Partners LLP purchased a new stake in shares of Sociedad Quimica y Minera in the 3rd quarter worth $559,000. Finally, AIA Group Ltd purchased a new stake in shares of Sociedad Quimica y Minera in the 3rd quarter worth $1,633,000. Institutional investors own 12.41% of the company’s stock.
Sociedad Quimica y Minera Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th will be given a $1.0295 dividend. This represents a $4.12 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Friday, May 8th. Sociedad Quimica y Minera’s dividend payout ratio (DPR) is presently 5.85%.
Sociedad Quimica y Minera Company Profile
Sociedad Química y Minera de Chile SA (NYSE: SQM) is a leading global producer of specialty chemicals and minerals headquartered in Santiago, Chile. The company focuses on the extraction and processing of key inputs for the agricultural, industrial and high‐tech sectors. Its core business activities include the mining of lithium, potassium and iodine, as well as the manufacture of value‐added products derived from these raw materials.
SQM’s product portfolio spans lithium carbonate and lithium hydroxide used in electric vehicle batteries and energy storage systems; potassium chloride and potassium nitrate fertilizers designed for precision agriculture; and iodine and its derivatives for pharmaceutical, food and electronics applications.
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