FY2026 EPS Estimates for HudBay Minerals Lifted by Analyst

Key Points

• Analysts at Desjardins have raised their FY2026 earnings forecast for HudBay Minerals to $1.03 per share, significantly up from the previous estimate of $0.59 per share.
• The company recently announced a semi-annual dividend increase, with the latest yield at 17.0%, following a boost from its previous dividend of $0.01.
• HudBay Minerals' stock has been upgraded multiple times by various analysts, reflecting a generally positive market sentiment with two strong buy ratings and eight buy ratings from research firms.

HudBay Minerals Inc (NYSE:HBM - Free Report) TSE: HBM - Investment analysts at Desjardins increased their FY2026 earnings estimates for shares of HudBay Minerals in a report released on Wednesday, October 1st. Desjardins analyst B. Adams now expects that the mining company will earn $1.03 per share for the year, up from their prior forecast of $0.59. The consensus estimate for HudBay Minerals' current full-year earnings is $0.79 per share.

HBM has been the subject of a number of other research reports. Veritas upgraded shares of HudBay Minerals to a "strong-buy" rating in a research report on Monday, July 7th. National Bankshares restated an "outperform" rating on shares of HudBay Minerals in a research note on Thursday, August 14th. Wall Street Zen upgraded shares of HudBay Minerals from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, September 10th. CIBC restated an "outperform" rating on shares of HudBay Minerals in a research note on Tuesday, July 15th. Finally, Weiss Ratings restated a "buy (b-)" rating on shares of HudBay Minerals in a research note on Saturday, September 27th. Two equities research analysts have rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy".

HudBay Minerals Stock Up 1.8%

HBM stock opened at $15.74 on Monday. HudBay Minerals has a 12-month low of $5.95 and a 12-month high of $15.85. The company has a quick ratio of 0.86, a current ratio of 1.03 and a debt-to-equity ratio of 0.20. The company has a market cap of $6.23 billion, a price-to-earnings ratio of 21.55 and a beta of 1.55. The company has a 50 day moving average of $12.10 and a two-hundred day moving average of $9.89.

HudBay Minerals (NYSE:HBM - Get Free Report) TSE: HBM last released its earnings results on Wednesday, August 13th. The mining company reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.08. HudBay Minerals had a net margin of 13.13% and a return on equity of 10.73%. The company had revenue of $536.40 million during the quarter, compared to the consensus estimate of $558.21 million. The company's revenue was up 26.1% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Creative Planning grew its stake in HudBay Minerals by 5.4% in the 2nd quarter. Creative Planning now owns 25,067 shares of the mining company's stock valued at $266,000 after buying an additional 1,289 shares during the last quarter. SBI Securities Co. Ltd. grew its stake in HudBay Minerals by 64.6% in the 1st quarter. SBI Securities Co. Ltd. now owns 3,773 shares of the mining company's stock valued at $29,000 after buying an additional 1,481 shares during the last quarter. Pacifica Partners Inc. grew its stake in HudBay Minerals by 6.7% in the 2nd quarter. Pacifica Partners Inc. now owns 25,921 shares of the mining company's stock valued at $272,000 after buying an additional 1,625 shares during the last quarter. Federated Hermes Inc. grew its stake in HudBay Minerals by 1.4% in the 1st quarter. Federated Hermes Inc. now owns 126,836 shares of the mining company's stock valued at $963,000 after buying an additional 1,794 shares during the last quarter. Finally, Ballentine Partners LLC grew its stake in HudBay Minerals by 10.3% in the 2nd quarter. Ballentine Partners LLC now owns 29,757 shares of the mining company's stock valued at $316,000 after buying an additional 2,768 shares during the last quarter. 57.82% of the stock is currently owned by institutional investors and hedge funds.

HudBay Minerals Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 2nd were paid a $0.0073 dividend. This represents a yield of 17.0%. The ex-dividend date was Tuesday, September 2nd. This is a boost from HudBay Minerals's previous semi-annual dividend of $0.01. HudBay Minerals's dividend payout ratio (DPR) is 1.37%.

HudBay Minerals Company Profile

Hudbay Minerals Inc, a diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America. It produces copper concentrates containing gold, silver, and molybdenum; gold concentrates containing zinc; zinc concentrates; molybdenum concentrates; and silver/gold doré.

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