FY2026 EPS Forecast for Hudbay Minerals Boosted by Analyst

Key Points

• Scotiabank raised Hudbay Minerals’ FY2026 EPS forecast to $2.18 from $2.08 and maintained a “Sector Outperform” rating with a $43.00 price target. It forecasts FY2027 EPS of $2.83.
• Hudbay reported quarterly EPS of C$0.40 on revenue of C$896.94 million, with an 18.41% return on equity and a 27.22% net margin.
• Analyst sentiment remains positive, with a consensus “Buy” rating and C$40.91 target price; the stock recently traded at C$36.93, up 1.8%.

Hudbay Minerals Inc. (TSE:HBM - Free Report) NYSE: HBM - Analysts at Scotiabank increased their FY2026 earnings per share estimates for Hudbay Minerals in a report issued on Tuesday, August 4th. Scotiabank analyst O. Wowkodaw now forecasts that the mining company will post earnings of $2.18 per share for the year, up from their previous estimate of $2.08. Scotiabank has a "Sector Outperform" rating and a $43.00 price target on the stock. The consensus estimate for Hudbay Minerals' current full-year earnings is $1.12 per share. Scotiabank also issued estimates for Hudbay Minerals' FY2027 earnings at $2.83 EPS.

Hudbay Minerals (TSE:HBM - Get Free Report) NYSE: HBM last posted its earnings results on Wednesday, July 29th. The mining company reported C$0.40 earnings per share for the quarter. Hudbay Minerals had a return on equity of 18.41% and a net margin of 27.22%.The company had revenue of C$896.94 million for the quarter.

A number of other brokerages have also recently commented on HBM. National Bank Financial lowered their price objective on shares of Hudbay Minerals from C$40.00 to C$38.50 and set a "sector perform" rating on the stock in a research note on Tuesday, July 14th. Stifel Nicolaus upped their price target on shares of Hudbay Minerals from C$41.00 to C$43.00 and gave the company a "buy" rating in a report on Tuesday, July 21st. Barclays increased their price target on shares of Hudbay Minerals from C$41.00 to C$45.00 in a research report on Thursday, July 16th. ATB Cormark Capital Markets dropped their price objective on shares of Hudbay Minerals from C$35.50 to C$35.00 and set an "outperform" rating for the company in a research note on Thursday, July 30th. Finally, Canaccord Genuity Group cut their price objective on Hudbay Minerals from C$40.00 to C$39.50 and set a "buy" rating for the company in a research report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of C$40.91.

Hudbay Minerals Trading Up 1.8%

TSE:HBM opened at C$36.93 on Friday. Hudbay Minerals has a 52-week low of C$12.70 and a 52-week high of C$44.48. The company has a quick ratio of 0.85, a current ratio of 2.24 and a debt-to-equity ratio of 19.04. The stock has a fifty day simple moving average of C$34.54 and a 200-day simple moving average of C$33.54. The company has a market capitalization of C$16.40 billion, a PE ratio of 22.68, a price-to-earnings-growth ratio of 3.97 and a beta of 2.31.

Hudbay Minerals Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 26th were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Tuesday, June 9th. Hudbay Minerals's dividend payout ratio (DPR) is currently 1.32%.

Hudbay Minerals Company Profile

Hudbay TSX, NYSE: HBM is a copper-focused critical minerals mining company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining jurisdictions of Canada, Peru and the United States. Hudbay's operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the Company, which is complemented by meaningful gold production and by-product zinc, silver and molybdenum.

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