Brokers Issue Forecasts for Hecla Mining FY2025 Earnings

Hecla Mining (NYSE:HL - Free Report) - National Bank Financial reduced their FY2025 earnings per share estimates for Hecla Mining in a research note issued on Sunday, May 4th. National Bank Financial analyst A. Dusome now expects that the basic materials company will post earnings of $0.18 per share for the year, down from their prior forecast of $0.23. National Bank Financial currently has a "Hold" rating on the stock. The consensus estimate for Hecla Mining's current full-year earnings is $0.21 per share. National Bank Financial also issued estimates for Hecla Mining's FY2026 earnings at $0.26 EPS.

Hecla Mining (NYSE:HL - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The basic materials company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.05 by ($0.01). Hecla Mining had a return on equity of 3.10% and a net margin of 3.85%. The firm had revenue of $261.34 million for the quarter, compared to analyst estimates of $238.50 million. During the same period in the previous year, the business earned ($0.01) EPS. Hecla Mining's revenue for the quarter was up 37.9% compared to the same quarter last year.

Several other equities research analysts have also issued reports on HL. TD Securities lowered their target price on shares of Hecla Mining from $6.00 to $5.00 and set a "hold" rating on the stock in a research note on Monday, May 5th. HC Wainwright reissued a "buy" rating and issued a $11.50 price objective on shares of Hecla Mining in a report on Friday, February 14th. StockNews.com upgraded Hecla Mining from a "sell" rating to a "hold" rating in a research report on Monday, February 17th. Roth Mkm dropped their price target on shares of Hecla Mining from $6.60 to $6.50 and set a "buy" rating on the stock in a research note on Tuesday, February 18th. Finally, BMO Capital Markets reissued a "market perform" rating and issued a $5.50 price target (down previously from $7.50) on shares of Hecla Mining in a report on Monday, May 5th. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $7.20.

Hecla Mining Stock Performance

HL stock traded down $0.13 during midday trading on Wednesday, hitting $5.03. 16,149,336 shares of the stock traded hands, compared to its average volume of 14,016,889. Hecla Mining has a 1-year low of $4.41 and a 1-year high of $7.68. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.08 and a quick ratio of 0.55. The stock's fifty day simple moving average is $5.51 and its 200-day simple moving average is $5.55. The firm has a market cap of $3.18 billion, a P/E ratio of 100.52 and a beta of 1.57.

Hecla Mining Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Friday, May 23rd will be paid a $0.0038 dividend. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.30%. The ex-dividend date of this dividend is Friday, May 23rd. Hecla Mining's dividend payout ratio is presently 9.09%.

Insider Activity at Hecla Mining

In other Hecla Mining news, VP Kurt Allen sold 9,195 shares of the firm's stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $5.18, for a total value of $47,630.10. Following the transaction, the vice president now directly owns 104,512 shares of the company's stock, valued at $541,372.16. This trade represents a 8.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Catherine J. Boggs bought 20,000 shares of the stock in a transaction dated Wednesday, May 7th. The shares were bought at an average price of $4.99 per share, for a total transaction of $99,800.00. Following the completion of the acquisition, the director now owns 348,169 shares in the company, valued at approximately $1,737,363.31. The trade was a 6.09% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 57,915 shares of company stock valued at $300,000. 0.62% of the stock is owned by insiders.

Hedge Funds Weigh In On Hecla Mining

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HL. Tidal Investments LLC grew its holdings in shares of Hecla Mining by 100.5% in the fourth quarter. Tidal Investments LLC now owns 15,885,647 shares of the basic materials company's stock valued at $77,999,000 after purchasing an additional 7,960,826 shares during the period. Wealthfront Advisers LLC purchased a new position in Hecla Mining during the fourth quarter worth about $18,441,000. Marshall Wace LLP boosted its holdings in Hecla Mining by 182.4% in the 4th quarter. Marshall Wace LLP now owns 5,006,115 shares of the basic materials company's stock valued at $24,580,000 after purchasing an additional 3,233,116 shares during the last quarter. Jefferies Financial Group Inc. boosted its holdings in Hecla Mining by 1,331.9% in the 4th quarter. Jefferies Financial Group Inc. now owns 1,997,790 shares of the basic materials company's stock valued at $9,809,000 after purchasing an additional 1,858,271 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Hecla Mining in the 4th quarter valued at approximately $7,855,000. Institutional investors and hedge funds own 63.01% of the company's stock.

Hecla Mining Company Profile

Hecla Mining Company, together with its subsidiaries, provides precious and base metal properties in the United States, Canada, Japan, Korea, and China. The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for custom smelters, metal traders, and third-party processors; and doré containing silver and gold.