HC Wainwright Increases Earnings Estimates for Hecla Mining

Hecla Mining Company (NYSE:HL) – Stock analysts at HC Wainwright lifted their FY2026 earnings estimates for Hecla Mining in a research report issued on Tuesday, January 27th. HC Wainwright analyst H. Ihle now forecasts that the basic materials company will post earnings of $0.76 per share for the year, up from their prior estimate of $0.51. HC Wainwright has a “Buy” rating and a $36.50 price target on the stock. The consensus estimate for Hecla Mining’s current full-year earnings is $0.21 per share.

Other analysts also recently issued research reports about the company. Wall Street Zen upgraded Hecla Mining from a “hold” rating to a “buy” rating in a research note on Sunday, November 2nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Hecla Mining in a report on Monday, December 29th. BMO Capital Markets lifted their price target on shares of Hecla Mining from $16.00 to $28.00 and gave the company a “market perform” rating in a research report on Tuesday. Canaccord Genuity Group set a $26.50 price objective on shares of Hecla Mining in a report on Friday, January 23rd. Finally, Scotiabank lifted their target price on shares of Hecla Mining from $15.00 to $25.00 and gave the stock a “sector perform” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Hecla Mining has an average rating of “Hold” and a consensus price target of $22.00.

Hecla Mining Trading Down 3.0%

Hecla Mining stock opened at $26.38 on Friday. Hecla Mining has a one year low of $4.46 and a one year high of $34.17. The company’s fifty day moving average price is $20.96 and its two-hundred day moving average price is $14.00. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.15 and a quick ratio of 1.51. The company has a market capitalization of $17.68 billion, a price-to-earnings ratio of 85.10 and a beta of 1.28.

Hecla Mining (NYSE:HL) last posted its quarterly earnings results on Wednesday, November 5th. The basic materials company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. The company had revenue of $409.54 million during the quarter, compared to the consensus estimate of $315.60 million. Hecla Mining had a return on equity of 7.87% and a net margin of 16.35%.The business’s quarterly revenue was up 67.1% on a year-over-year basis. During the same period last year, the business earned $0.03 EPS.

Hedge Funds Weigh In On Hecla Mining

Several institutional investors have recently modified their holdings of the stock. Transce3nd LLC acquired a new stake in shares of Hecla Mining in the 2nd quarter valued at approximately $25,000. USA Financial Formulas acquired a new stake in Hecla Mining in the third quarter worth $25,000. Lodestone Wealth Management LLC bought a new position in shares of Hecla Mining during the fourth quarter worth $28,000. UMB Bank n.a. grew its holdings in shares of Hecla Mining by 2,390.0% in the 3rd quarter. UMB Bank n.a. now owns 2,490 shares of the basic materials company’s stock valued at $30,000 after buying an additional 2,390 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in shares of Hecla Mining by 255.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 6,156 shares of the basic materials company’s stock valued at $37,000 after buying an additional 4,425 shares in the last quarter. 63.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Hecla Mining news, VP Kurt Allen sold 52,219 shares of the company’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $21.91, for a total transaction of $1,144,118.29. Following the transaction, the vice president owned 216,641 shares of the company’s stock, valued at approximately $4,746,604.31. This represents a 19.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Russell Douglas Lawlar sold 148,372 shares of the company’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $15.00, for a total value of $2,225,580.00. Following the transaction, the chief financial officer directly owned 347,402 shares in the company, valued at $5,211,030. This trade represents a 29.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 426,679 shares of company stock worth $7,678,773 in the last 90 days. Corporate insiders own 0.62% of the company’s stock.

Hecla Mining Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 8th. Investors of record on Monday, November 24th were issued a $0.0038 dividend. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, November 24th. Hecla Mining’s payout ratio is currently 3.23%.

About Hecla Mining

Hecla Mining Company, founded in 1891 and headquartered in Coeur d’Alene, Idaho, is one of the oldest publicly traded precious metals companies in the United States. Originally established to develop the rich silver deposits of the Coeur d’Alene district, Hecla has evolved into a diversified mining enterprise focused on the exploration, development and production of silver and gold, with by-product credits from lead and zinc.

The company’s principal operations are located in North America and Latin America.