Brokers Issue Forecasts for Hecla Mining FY2025 Earnings

Hecla Mining (NYSE:HL - Free Report) - Stock analysts at National Bank Financial lowered their FY2025 earnings per share (EPS) estimates for shares of Hecla Mining in a research note issued to investors on Sunday, May 4th. National Bank Financial analyst A. Dusome now anticipates that the basic materials company will earn $0.18 per share for the year, down from their prior estimate 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.

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

Hecla Mining Stock Performance

Hecla Mining stock traded up $0.24 during mid-day trading on Wednesday, reaching $5.16. 28,547,221 shares of the company were exchanged, compared to its average volume of 13,993,165. The firm's 50-day simple moving average is $5.51 and its two-hundred day simple moving average is $5.57. Hecla Mining has a twelve month low of $4.41 and a twelve month high of $7.68. The firm has a market cap of $3.26 billion, a PE ratio of 103.22 and a beta of 1.57. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.55 and a current ratio of 1.08.

Hecla Mining (NYSE:HL - Get Free Report) last posted 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 net margin of 3.85% and a return on equity of 3.10%. The business had revenue of $261.34 million during the quarter, compared to analyst estimates of $238.50 million. During the same quarter in the prior year, the firm posted ($0.01) earnings per share. The company's revenue for the quarter was up 37.9% compared to the same quarter last year.

Hecla Mining Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Friday, May 23rd will be issued a $0.0038 dividend. This represents a $0.02 annualized dividend and a yield of 0.29%. The ex-dividend date of this dividend is Friday, May 23rd. Hecla Mining's dividend payout ratio (DPR) is 9.09%.

Insider Activity

In related news, CEO Robert Krcmarov bought 6,570 shares of the stock in a transaction on Wednesday, February 19th. The shares were purchased at an average price of $5.29 per share, for a total transaction of $34,755.30. Following the acquisition, the chief executive officer now owns 331,856 shares in the company, valued at $1,755,518.24. This represents a 2.02 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CAO Michael L. Clary sold 32,387 shares of the business's stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $5.18, for a total value of $167,764.66. Following the completion of the transaction, the chief accounting officer now directly owns 246,440 shares of the company's stock, valued at approximately $1,276,559.20. This trade represents a 11.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 57,915 shares of company stock worth $300,000 over the last 90 days. 0.62% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Hecla Mining

A number of hedge funds and other institutional investors have recently modified their holdings of HL. Vanguard Group Inc. grew its stake in Hecla Mining by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 62,830,935 shares of the basic materials company's stock worth $349,340,000 after acquiring an additional 1,437,895 shares during the period. Tidal Investments LLC grew its position 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. Geode Capital Management LLC increased its stake in Hecla Mining by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 13,904,662 shares of the basic materials company's stock valued at $68,289,000 after purchasing an additional 39,421 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Hecla Mining by 7.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,220,645 shares of the basic materials company's stock worth $35,453,000 after buying an additional 502,094 shares during the period. Finally, Northern Trust Corp boosted its stake in Hecla Mining by 5.0% in the 4th quarter. Northern Trust Corp now owns 6,098,558 shares of the basic materials company's stock worth $29,944,000 after buying an additional 289,865 shares during the last quarter. 63.01% of the stock is currently owned by hedge funds and other institutional investors.

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.