Scotiabank Has Bullish Forecast for BVN FY2026 Earnings

Key Points

• Scotiabank raised its FY2026 EPS forecast for Buenaventura Mining to $3.85 from $3.80, while maintaining a “Sector Perform” rating and a $40 price target. Its FY2027 EPS estimate is $3.86; the current-year consensus estimate is $3.99.
• Buenaventura reported quarterly EPS of $0.96, beating the $0.86 consensus, and revenue of $545.33 million versus expectations of $439.69 million.
• The company declared a special dividend of $0.5508 per share, payable December 9 to shareholders of record November 20.

Buenaventura Mining Company Inc. (NYSE:BVN - Free Report) - Equities research analysts at Scotiabank boosted their FY2026 EPS estimates for Buenaventura Mining in a report issued on Monday, November 2nd. Scotiabank analyst T. Jakusconek now forecasts that the mining company will post earnings of $3.85 per share for the year, up from their previous forecast of $3.80. Scotiabank has a "Sector Perform" rating and a $40.00 price objective on the stock. The consensus estimate for Buenaventura Mining's current full-year earnings is $3.99 per share. Scotiabank also issued estimates for Buenaventura Mining's FY2027 earnings at $3.86 EPS.

Buenaventura Mining (NYSE:BVN - Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The mining company reported $0.96 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.86 by $0.10. Buenaventura Mining had a return on equity of 27.60% and a net margin of 51.78%. The firm had revenue of $545.33 million for the quarter, compared to analysts' expectations of $439.69 million.

A number of other equities analysts have also recently commented on BVN. Wall Street Zen raised Buenaventura Mining from a "hold" rating to a "buy" rating in a research note on Saturday, October 10th. Weiss Ratings restated a "buy (b-)" rating on shares of Buenaventura Mining in a report on Thursday, October 29th. Finally, Zacks Research raised shares of Buenaventura Mining from a "strong sell" rating to a "hold" rating in a research note on Tuesday, October 13th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $37.25.

Buenaventura Mining Trading Down 2.0%

Shares of BVN stock opened at $28.23 on Friday. The stock has a market capitalization of $7.16 billion, a PE ratio of 5.98 and a beta of 0.40. Buenaventura Mining has a 1-year low of $21.68 and a 1-year high of $44.67. The business has a 50-day moving average of $31.72 and a 200 day moving average of $33.76. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.59 and a quick ratio of 2.43.

Buenaventura Mining Dividend Announcement

The business also recently declared a special dividend, which will be paid on Wednesday, December 9th. Investors of record on Friday, November 20th will be issued a $0.5508 dividend. The ex-dividend date is Friday, November 20th. Buenaventura Mining's payout ratio is 31.14%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Navellier & Associates Inc. lifted its stake in shares of Buenaventura Mining by 40.2% in the 2nd quarter. Navellier & Associates Inc. now owns 127,883 shares of the mining company's stock valued at $3,746,000 after purchasing an additional 36,652 shares during the period. Ninepoint Partners LP bought a new stake in shares of Buenaventura Mining during the second quarter valued at approximately $3,675,000. Public Employees Retirement System of Ohio purchased a new stake in Buenaventura Mining in the second quarter worth $2,568,000. Matthews International Capital Management LLC grew its stake in Buenaventura Mining by 483.9% in the first quarter. Matthews International Capital Management LLC now owns 128,987 shares of the mining company's stock worth $4,649,000 after purchasing an additional 106,898 shares during the period. Finally, Nykredit A S purchased a new stake in Buenaventura Mining in the second quarter worth $3,050,000.

About Buenaventura Mining

Compañía de Minas Buenaventura SAA., known as Buenaventura Mining, is a Peru-based mining company engaged in the exploration, development, construction, and operation of mineral projects. Its portfolio includes precious and base metals, with primary exposure to gold, silver, copper, lead, and zinc.

Founded in 1953, Buenaventura operates primarily in Peru. Its activities have included the Uchucchacua, Tambomayo, La Zanja, Coimolache, and El Brocal mining operations, as well as exploration and development projects across the country.

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