Q4 Earnings Forecast for Hudbay Minerals Issued By Cormark

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Analysts at Cormark lifted their Q4 2026 earnings estimates for Hudbay Minerals in a research report issued to clients and investors on Monday, November 17th. Cormark analyst S. Ioannou now expects that the mining company will earn $0.46 per share for the quarter, up from their previous estimate of $0.17. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share.

Other analysts have also issued reports about the company. Bank of America boosted their price objective on Hudbay Minerals from C$22.50 to C$26.75 in a report on Thursday, October 16th. The Goldman Sachs Group raised Hudbay Minerals to a “buy” rating in a research report on Monday, September 8th. Royal Bank Of Canada raised their price objective on Hudbay Minerals from C$19.00 to C$20.00 in a research note on Wednesday, September 10th. Scotiabank reduced their target price on shares of Hudbay Minerals from C$26.50 to C$26.00 in a research note on Thursday, November 13th. Finally, BMO Capital Markets raised their price target on shares of Hudbay Minerals from C$23.00 to C$24.00 in a research report on Tuesday. Three equities research analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of C$22.02.

Hudbay Minerals Stock Down 1.9%

Shares of TSE HBM opened at C$21.14 on Wednesday. The company has a debt-to-equity ratio of 46.39, a current ratio of 1.86 and a quick ratio of 0.85. The company has a 50-day moving average price of C$21.54 and a 200-day moving average price of C$16.48. The stock has a market capitalization of C$8.37 billion, a P/E ratio of 18.22, a P/E/G ratio of 3.97 and a beta of 2.41. Hudbay Minerals has a 1 year low of C$8.49 and a 1 year high of C$24.75.

Hudbay Minerals Dividend Announcement

The company also recently disclosed a half year 25 dividend, which was paid on Friday, September 19th. Shareholders of record on Friday, September 19th were issued a dividend of $0.01 per share. This represents a yield of 6.0%. The ex-dividend date of this dividend was Tuesday, September 2nd. Hudbay Minerals’s dividend payout ratio is 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.