HudBay Minerals FY2025 EPS Raised by National Bank Financial

Key Points

• National Bank Financial has raised its FY2025 earnings per share (EPS) estimate for HudBay Minerals from $0.85 to $0.90, indicating positive expectations for the mining company.
• HudBay Minerals recently increased its semi-annual dividend to $0.0073, reflecting a strong dividend yield of 17.0% and a positive change from the previous dividend of $0.01.
• Securities analysts generally favor HudBay Minerals, with multiple firms issuing ratings ranging from "moderate buy" to "strong buy," contributing to an average rating of "Buy."

HudBay Minerals Inc (NYSE:HBM - Free Report) TSE: HBM - Equities research analysts at National Bank Financial boosted their FY2025 earnings per share (EPS) estimates for shares of HudBay Minerals in a research note issued to investors on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now anticipates that the mining company will post earnings of $0.90 per share for the year, up from their previous forecast of $0.85. The consensus estimate for HudBay Minerals' current full-year earnings is $0.79 per share. National Bank Financial also issued estimates for HudBay Minerals' FY2026 earnings at $0.87 EPS.

Several other analysts also recently weighed in on HBM. Raymond James Financial raised HudBay Minerals to a "moderate buy" rating in a research note on Monday, June 30th. Royal Bank Of Canada reiterated an "outperform" rating on shares of HudBay Minerals in a research report on Thursday, August 14th. The Goldman Sachs Group assumed coverage on HudBay Minerals in a research report on Monday, September 8th. They set a "buy" rating on the stock. Wall Street Zen upgraded HudBay Minerals from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, September 10th. Finally, CIBC reiterated an "outperform" rating on shares of HudBay Minerals in a research report on Tuesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating and seven have given a Buy rating to the company. Based on data from MarketBeat, HudBay Minerals has an average rating of "Buy".

HudBay Minerals Stock Up 5.2%

Shares of HudBay Minerals stock opened at $14.14 on Thursday. The business's fifty day moving average price is $11.39 and its two-hundred day moving average price is $9.50. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.03 and a quick ratio of 0.86. The company has a market capitalization of $5.59 billion, a P/E ratio of 19.36, a PEG ratio of 0.32 and a beta of 1.51. HudBay Minerals has a 1-year low of $5.95 and a 1-year high of $14.42.

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

HudBay Minerals Increases Dividend

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

Hedge Funds Weigh In On HudBay Minerals

Hedge funds have recently modified their holdings of the stock. SBI Securities Co. Ltd. grew its holdings in shares of HudBay Minerals by 64.6% in the 1st quarter. SBI Securities Co. Ltd. now owns 3,773 shares of the mining company's stock worth $29,000 after acquiring an additional 1,481 shares during the last quarter. Banque Cantonale Vaudoise acquired a new position in shares of HudBay Minerals in the 1st quarter worth $33,000. Jones Financial Companies Lllp grew its holdings in shares of HudBay Minerals by 131.6% in the 1st quarter. Jones Financial Companies Lllp now owns 6,570 shares of the mining company's stock worth $50,000 after acquiring an additional 3,733 shares during the last quarter. Plato Investment Management Ltd acquired a new position in shares of HudBay Minerals in the 2nd quarter worth $84,000. Finally, Headlands Technologies LLC acquired a new position in shares of HudBay Minerals in the 1st quarter worth $92,000. 57.82% of the stock is currently owned by institutional investors and hedge funds.

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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