NYSE:ERO Ero Copper (ERO) Stock Price, News & Analysis → Top 5 AI Stocks to Buy for 2024 (From Market Moving Trends) (Ad) Free ERO Stock Alerts $19.62 -0.48 (-2.39%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$19.25▼$19.7950-Day Range$18.61▼$23.9252-Week Range$11.35▼$24.38Volume295,816 shsAverage Volume364,978 shsMarket Capitalization$2.02 billionP/E Ratio30.19Dividend YieldN/APrice Target$24.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get Ero Copper alerts: Email Address Ero Copper MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside22.3% Upside$24.00 Price TargetShort InterestHealthy1.75% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.03Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth91.57%From $1.66 to $3.18 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.95 out of 5 starsBasic Materials Sector95th out of 169 stocksPrivate Households Industry2nd out of 4 stocks 2.2 Analyst's Opinion Consensus RatingEro Copper has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageEro Copper has only been the subject of 4 research reports in the past 90 days.Read more about Ero Copper's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.75% of the float of Ero Copper has been sold short.Short Interest Ratio / Days to CoverEro Copper has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Ero Copper has recently decreased by 0.62%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldEro Copper does not currently pay a dividend.Dividend GrowthEro Copper does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ERO. Previous Next 3.9 News and Social Media Coverage News SentimentEro Copper has a news sentiment score of 1.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Ero Copper this week, compared to 2 articles on an average week.Search Interest9 people have searched for ERO on MarketBeat in the last 30 days. This is an increase of 800% compared to the previous 30 days.MarketBeat Follows11 people have added Ero Copper to their MarketBeat watchlist in the last 30 days. This is an increase of 1,000% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ero Copper insiders have not sold or bought any company stock.Percentage Held by Institutions71.30% of the stock of Ero Copper is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Ero Copper's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Ero Copper are expected to grow by 91.57% in the coming year, from $1.66 to $3.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ero Copper is 30.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Ero Copper is 30.19, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 145.13.Price to Book Value per Share RatioEro Copper has a P/B Ratio of 3.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Ero Copper's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Daily Market AlertsTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world's most powerful tech companies (including Microsoft, Intel, and Google) investing billions. And one tiny company will be the driving force behind this new tech revolution…Click below for your free report "Top 5 Tech Stocks to Buy in 2024", About Ero Copper Stock (NYSE:ERO)Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company is involved in the production and sale of copper concentrate from the Caraíba operations located in the Curaçá Valley, northeastern Bahia state, Brazil, as well as gold and silver by-products. It also holds 100% interests in the Tucumã project, a copper development project located within southeastern Pará state; and the Xavantina Operations located in Mato Grosso state. Ero Copper Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.Read More ERO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ERO Stock News HeadlinesMay 20, 2024 | marketbeat.com3 Vital Copper Stocks Helping EVs and AI Data Centers Take OffInvestors need to consider some of the world's most critical trends if they want to expose their portfolios to global growth. Some of these current trends are electric vehicles (EVs) and artificial intelligence components, which go beyond semiconductor and technology stocks.May 20, 2024 | marketbeat.com3 Vital Copper Stocks Helping EVs and AI Data Centers Take Off (ERO)Three copper stocks could help investors get additional upside for their portfolios, especially if they are missing influence from the AI and EV trendsJune 1, 2024 | americanbankingnews.comEro Copper (NYSE:ERO) Upgraded to "Sector Outperform" at ScotiabankMay 30, 2024 | americanbankingnews.comEro Copper (NYSE:ERO) Downgraded by Ventum Cap MktsMay 29, 2024 | msn.comCanada shares lower at close of trade; S&P/TSX Composite down 1.65%May 27, 2024 | theglobeandmail.comMonday’s Insider Report: CEO sells over US$1.7-million from this copper stock flirting with a record highMay 24, 2024 | msn.comBest Stocks to Buy in May 2024: TSX Materials SectorMay 7, 2024 | globenewswire.comEro Copper Reports First Quarter Operating and Financial ResultsApril 30, 2024 | ca.finance.yahoo.comSOMA GOLD REPORTS YEAR-END FINANCIAL RESULTS AND OPERATING HIGHLIGHTSApril 25, 2024 | finanznachrichten.deEro Copper Corp.: Ero Copper Announces Voting Results of Annual General Meeting of ShareholdersApril 24, 2024 | globenewswire.comEro Copper Announces Voting Results of Annual General Meeting of ShareholdersApril 23, 2024 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Lundin Gold (OtherLUGDF) and Ero Copper (ERO)April 19, 2024 | msn.comExploring Weirton Steel's legacy: An American melting pot, economic titan near extinctionApril 18, 2024 | finance.yahoo.comMost Shareholders Will Probably Find That The CEO Compensation For Ero Copper Corp. (TSE:ERO) Is ReasonableApril 11, 2024 | globenewswire.comEro Copper to Release First Quarter 2024 Operating and Financial Results on May 7, 2024April 5, 2024 | fool.comWhy Precious Metals Stocks Were Glittering This WeekApril 4, 2024 | stockhouse.comSOMA ANNOUNCES GOLD PRODUCTION FOR Q1 2024 OF 7,335 AUEQ, AN 8% INCREASE FROM 2023March 28, 2024 | theglobeandmail.comWomen lead here—but why do so many of them leave?March 20, 2024 | msn.comCommodity market open interest hits six-month high as oil and copper inflows surge - JPMMarch 16, 2024 | finance.yahoo.comERO Apr 2024 17.500 callMarch 13, 2024 | baystreet.caTSX Rolls OnMarch 11, 2024 | msn.comTSX Today: What to Watch for in Stocks on Monday, March 11March 10, 2024 | realmoney.thestreet.comEro Copper just downgraded at PI Financial, here's whyMarch 8, 2024 | msn.comEro Copper Non-GAAP EPS of $0.21, revenue of $116.4M; reaffirms FY24 outlookMarch 7, 2024 | globenewswire.comEro Copper Reports Fourth Quarter and Full Year 2023 Operating and Financial ResultsSee More Headlines Receive ERO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ero Copper and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today6/07/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Private households Sub-IndustryN/A Current SymbolNYSE:ERO CUSIPN/A CIK1853860 Webwww.erocopper.com Phone(604) 449-9244Fax604-398-3767Employees2,864Year FoundedN/APrice Target and Rating Average Stock Price Target$24.00 High Stock Price Target$24.00 Low Stock Price Target$24.00 Potential Upside/Downside+22.3%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.65 Trailing P/E Ratio30.19 Forward P/E Ratio11.82 P/E GrowthN/ANet Income$92.80 million Net Margins14.23% Pretax Margin22.65% Return on Equity11.86% Return on Assets5.85% Debt Debt-to-Equity Ratio0.65 Current Ratio1.23 Quick Ratio0.94 Sales & Book Value Annual Sales$427.48 million Price / Sales4.73 Cash Flow$1.39 per share Price / Cash Flow14.11 Book Value$5.88 per share Price / Book3.34Miscellaneous Outstanding Shares102,990,000Free FloatN/AMarket Cap$2.02 billion OptionableNot Optionable Beta1.20 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report Key ExecutivesMr. David Maxwell Strang (Age 56)CEO & Director Comp: $1.28MMr. Makko DeFilippoPresident & COOMr. Wayne DrierChief Financial OfficerMr. Deepk HundalSenior VP, General Counsel & Corporate SecretaryMr. Michel RichardChief Geological OfficerMs. Courtney R. B. Lynn (Age 42)Senior Vice President of Corporate Development, Investor Relations & Sustainability Mr. Eduardo de Come (Age 58)Chief Executive Officer of Ero Brazil Mr. Emilio SarnoVice President of Asset ManagementMore ExecutivesKey CompetitorsCarlyle Secured LendingNASDAQ:CGBDEagle Point CreditNYSE:ECCPrinceton BancorpNASDAQ:BPRNMDxHealthNASDAQ:MDXHThe Taiwan FundNYSE:TWNView All CompetitorsInstitutional OwnershipBoston PartnersBought 503,972 shares on 5/28/2024Ownership: 0.706%Janus Henderson Group PLCBought 7,257 shares on 5/16/2024Ownership: 0.032%Price T Rowe Associates Inc. MDSold 5,773,963 shares on 5/15/2024Ownership: 8.863%1832 Asset Management L.P.Sold 364,463 shares on 5/15/2024Ownership: 0.073%PEAK6 Investments LLCBought 1,200 shares on 5/15/2024Ownership: 0.000%View All Institutional Transactions ERO Stock Analysis - Frequently Asked Questions Should I buy or sell Ero Copper stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ero Copper in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ERO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ERO, but not buy additional shares or sell existing shares. View ERO analyst ratings or view top-rated stocks. What is Ero Copper's stock price target for 2024? 5 equities research analysts have issued 1 year target prices for Ero Copper's stock. Their ERO share price targets range from $24.00 to $24.00. On average, they anticipate the company's share price to reach $24.00 in the next year. This suggests a possible upside of 22.3% from the stock's current price. View analysts price targets for ERO or view top-rated stocks among Wall Street analysts. How have ERO shares performed in 2024? Ero Copper's stock was trading at $15.79 on January 1st, 2024. Since then, ERO shares have increased by 24.3% and is now trading at $19.62. View the best growth stocks for 2024 here. Are investors shorting Ero Copper? Ero Copper saw a decline in short interest in April. As of April 30th, there was short interest totaling 1,620,000 shares, a decline of 20.6% from the April 15th total of 2,040,000 shares. Based on an average daily trading volume, of 378,600 shares, the short-interest ratio is currently 4.3 days. Approximately 1.8% of the shares of the company are sold short. View Ero Copper's Short Interest. When is Ero Copper's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our ERO earnings forecast. How were Ero Copper's earnings last quarter? Ero Copper Corp. (NYSE:ERO) issued its quarterly earnings results on Tuesday, May, 7th. The company reported $0.16 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.11. The firm earned $105.80 million during the quarter, compared to analysts' expectations of $104.40 million. Ero Copper had a net margin of 14.23% and a trailing twelve-month return on equity of 11.86%. What ETFs hold Ero Copper's stock? ETFs with the largest weight of Ero Copper (NYSE:ERO) stock in their portfolio include Sprott Junior Copper Miners ETF (COPJ), Macquarie Energy Transition ETF (PWER), VanEck Brazil Small-Cap ETF (BRF), Global X Copper Miners ETF (COPX), iShares Copper and Metals Mining ETF (ICOP), Global X Brazil Active ETF (BRAZ) and Sprott Energy Transition Materials ETF (SETM).SPDR S&P International Small Cap ETF (GWX). Who are Ero Copper's major shareholders? Ero Copper's stock is owned by many different institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (8.86%), Jennison Associates LLC (3.89%), Mirae Asset Global Investments Co. Ltd. (1.88%), Russell Investments Group Ltd. (0.76%), Boston Partners (0.71%) and Swiss National Bank (0.18%). How do I buy shares of Ero Copper? Shares of ERO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ERO) was last updated on 6/8/2024 by MarketBeat.com Staff From Our PartnersMillionaire-Making “Wealth Pattern” Just Repeated on April 22If you think you missed out on the Bitcoin band wagon… You need to watch this immediately.Paradigm Press | SponsoredBreaking - The US Gov. Seized CITGODo you want an investment that can double or triple your money in the next three months? 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And the implications could not be worse for Americans. Ru...Colonial Metals | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ero Copper Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Share Ero Copper With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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