FY2025 EPS Estimate for Hudbay Minerals Lowered by Analyst

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Equities researchers at Desjardins decreased their FY2025 earnings per share estimates for shares of Hudbay Minerals in a report released on Wednesday, November 12th. Desjardins analyst B. Adams now forecasts that the mining company will post earnings of $1.08 per share for the year, down from their previous forecast of $1.17. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share. Desjardins also issued estimates for Hudbay Minerals’ FY2027 earnings at $1.57 EPS.

Other research analysts also recently issued research reports about the stock. Royal Bank Of Canada upped their target price on shares of Hudbay Minerals from C$19.00 to C$20.00 in a research note on Wednesday, September 10th. Stifel Nicolaus upped their price objective on Hudbay Minerals from C$20.00 to C$28.00 in a research report on Tuesday, October 21st. Scotiabank cut their target price on Hudbay Minerals from C$26.50 to C$26.00 in a research note on Thursday, November 13th. The Goldman Sachs Group raised Hudbay Minerals to a “buy” rating in a report on Monday, September 8th. Finally, Jefferies Financial Group boosted their price target on Hudbay Minerals from C$25.00 to C$28.00 in a research note on Friday, October 17th. Three investment analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of C$22.02.

Hudbay Minerals Stock Performance

Shares of HBM stock opened at C$21.14 on Monday. The company has a market capitalization of C$8.37 billion, a price-to-earnings ratio of 18.22, a price-to-earnings-growth ratio of 3.97 and a beta of 2.41. The company has a debt-to-equity ratio of 46.39, a quick ratio of 0.85 and a current ratio of 1.86. Hudbay Minerals has a one year low of C$8.49 and a one year high of C$24.75. The company’s 50-day moving average is C$21.54 and its 200 day moving average is C$16.48.

Hudbay Minerals Dividend Announcement

The business also recently disclosed a half year 25 dividend, which was paid on Friday, September 19th. Stockholders of record on Friday, September 19th were paid a $0.01 dividend. This represents a dividend yield of 6.0%. The ex-dividend date of this dividend was Tuesday, September 2nd. Hudbay Minerals’s dividend payout ratio (DPR) is presently 1.22%.

Hudbay Minerals Company Profile

Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals.