FY2026 EPS Estimates for Hudbay Minerals Boosted by Analyst

Key Points

• Desjardins has increased its FY2026 EPS estimate for Hudbay Minerals from $0.81 to $1.42, signaling positive expectations for the mining company's earnings.
• The stock has received multiple upgrades, with the average price target currently set at C$17.25 and three analysts rating it as a Strong Buy.
• Hudbay Minerals recently declared a dividend of $0.01, reflecting a yield of 6.0%, indicating the company's commitment to returning value to shareholders.

Hudbay Minerals Inc. (TSE:HBM - Free Report) NYSE: HBM - Equities researchers at Desjardins increased their FY2026 EPS estimates for Hudbay Minerals in a note issued to investors on Wednesday, October 1st. Desjardins analyst B. Adams now expects that the mining company will post earnings of $1.42 per share for the year, up from their prior forecast of $0.81. The consensus estimate for Hudbay Minerals' current full-year earnings is $1.12 per share.

HBM has been the subject of a number of other research reports. Scotiabank increased their target price on Hudbay Minerals from C$14.00 to C$15.50 in a research note on Monday, June 16th. Veritas upgraded shares of Hudbay Minerals to a "strong-buy" rating in a research note on Monday, July 7th. National Bankshares boosted their target price on shares of Hudbay Minerals from C$16.50 to C$17.50 and gave the stock an "outperform" rating in a research report on Thursday, August 14th. TD Securities upped their target price on shares of Hudbay Minerals from C$13.00 to C$15.00 and gave the company a "buy" rating in a research note on Tuesday, June 24th. Finally, The Goldman Sachs Group raised shares of Hudbay Minerals to a "buy" rating in a research note on Monday, September 8th. Three equities research analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of C$17.25.

Hudbay Minerals Trading Up 1.8%

TSE:HBM opened at C$21.96 on Monday. The business's 50-day moving average is C$16.73 and its two-hundred day moving average is C$13.66. The firm has a market capitalization of C$8.69 billion, a PE ratio of 30.08, a price-to-earnings-growth ratio of 3.97 and a beta of 2.21. Hudbay Minerals has a 12 month low of C$8.49 and a 12 month high of C$22.10. The company has a debt-to-equity ratio of 46.39, a current ratio of 1.86 and a quick ratio of 0.85.

Hudbay Minerals Dividend Announcement

The business also recently declared a half year 25 dividend, which was paid on Friday, September 19th. Investors of record on Friday, September 19th were issued a $0.01 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a yield of 6.0%. Hudbay Minerals's dividend payout ratio is currently 1.96%.

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.

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