Southern Copper (SCCO) Expected to Announce Earnings on Friday

Key Points

• Southern Copper will report Q1 2026 results after the market close on Friday, April 24; analysts expect $1.88 EPS and $3.9554 billion in revenue, with an investor call noted for April 24 at 10:00 AM ET.
• In the prior quarter SCCO posted $1.55 EPS, delivered a 32.3% net margin and 41.97% ROE, and recently raised its quarterly dividend to $1.00 (annualized $4.00, ~2.1% yield).
• The stock has a market cap of $153.99 billion and a P/E of 35.34, while Wall Street’s consensus rating is "Reduce" with a $144.79 price target amid mixed analyst opinions (2 Buys, 4 Holds, 7 Sells).

Southern Copper (NYSE:SCCO - Get Free Report) is expected to be posting its Q1 2026 results after the market closes on Friday, April 24th. Analysts expect Southern Copper to post earnings of $1.88 per share and revenue of $3.9554 billion for the quarter. Individuals are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Friday, April 24, 2026 at 10:00 AM ET.

Southern Copper (NYSE:SCCO - Get Free Report) last announced its earnings results on Wednesday, January 28th. The basic materials company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.54 by $0.01. Southern Copper had a net margin of 32.30% and a return on equity of 41.97%. The company had revenue of $3.87 billion for the quarter, compared to analysts' expectations of $3.73 billion. During the same period last year, the firm earned $0.98 earnings per share. On average, analysts expect Southern Copper to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Southern Copper Stock Down 0.7%

Shares of SCCO opened at $188.00 on Friday. Southern Copper has a 12 month low of $84.97 and a 12 month high of $223.88. The firm's 50 day moving average is $187.54 and its 200-day moving average is $160.58. The stock has a market capitalization of $153.99 billion, a PE ratio of 35.34, a P/E/G ratio of 1.86 and a beta of 1.16. The company has a current ratio of 3.89, a quick ratio of 3.40 and a debt-to-equity ratio of 0.61.

Southern Copper Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 10th were issued a dividend of $1.00 per share. This is a boost from Southern Copper's previous quarterly dividend of $0.90. This represents a $4.00 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Tuesday, February 10th. Southern Copper's payout ratio is 75.19%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. JPMorgan Chase & Co. raised their target price on shares of Southern Copper from $117.50 to $127.00 and gave the stock an "underweight" rating in a report on Friday, April 10th. Wall Street Zen raised shares of Southern Copper from a "hold" rating to a "buy" rating in a research note on Saturday, March 21st. Citigroup reissued a "sell" rating on shares of Southern Copper in a research note on Monday, January 12th. Wells Fargo & Company set a $186.00 price objective on shares of Southern Copper and gave the company an "equal weight" rating in a research note on Wednesday. Finally, Morgan Stanley boosted their target price on shares of Southern Copper from $155.00 to $160.00 and gave the stock an "underweight" rating in a research note on Thursday, April 9th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and seven have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Reduce" and a consensus price target of $144.79.

Insider Activity

In other news, Director Lerdo De Tejada Leon Contreras sold 9,326 shares of the business's stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $209.56, for a total transaction of $1,954,344.91. Following the completion of the sale, the director directly owned 605 shares of the company's stock, valued at $126,783.04. The trade was a 93.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Bonilla Luis Miguel Palomino sold 193 shares of the company's stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $174.60, for a total transaction of $33,697.80. Following the completion of the sale, the director directly owned 1,707 shares of the company's stock, valued at $298,042.20. The trade was a 10.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 9,526 shares of company stock valued at $1,989,373. 0.07% of the stock is currently owned by insiders.

Institutional Trading of Southern Copper

Institutional investors have recently modified their holdings of the business. Virtus Advisers LLC purchased a new stake in shares of Southern Copper during the 4th quarter valued at approximately $29,000. Ameriflex Group Inc. grew its position in Southern Copper by 239.7% in the fourth quarter. Ameriflex Group Inc. now owns 265 shares of the basic materials company's stock worth $38,000 after acquiring an additional 187 shares in the last quarter. Caitlin John LLC grew its position in Southern Copper by 54.9% in the fourth quarter. Caitlin John LLC now owns 378 shares of the basic materials company's stock worth $54,000 after acquiring an additional 134 shares in the last quarter. Rakuten Securities Inc. bought a new position in shares of Southern Copper during the 2nd quarter valued at $45,000. Finally, Greenline Wealth Management LLC bought a new position in shares of Southern Copper during the 4th quarter valued at $73,000. 7.94% of the stock is currently owned by hedge funds and other institutional investors.

About Southern Copper

Southern Copper Corporation NYSE: SCCO is a large, integrated copper producer whose operations span the full value chain from exploration and mining to smelting, refining and the sale of copper and other metal products. The company produces a range of copper products including copper concentrate and refined cathodes, and recovers valuable byproducts such as molybdenum, silver and zinc. Southern Copper concentrates on high-volume, long-life assets designed to support steady production and processing capabilities.

Southern Copper's operations are concentrated in Peru and Mexico, where it owns and operates multiple large-scale mining and processing facilities.

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