Southern Copper (SCCO) Projected to Release Quarterly Earnings on Tuesday

Key Points

• Southern Copper is expected to report Q3 2026 earnings before the market opens Tuesday, October 27. Analysts forecast earnings of $2.00 per share on $4.49 billion in revenue, with a conference call scheduled for October 28.
• The company’s previous quarter delivered $1.99 EPS, beating estimates, while revenue rose 40.6% year over year to $4.29 billion. Analysts project full-year EPS of $7.94.
• Southern Copper raised its quarterly dividend to $1.30, implying a 2.6% yield, but analyst sentiment remains cautious: the stock has a consensus “Reduce” rating and a $160.95 target versus its recent $201.75 price.

Southern Copper (NYSE:SCCO - Get Free Report) is projected to post its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect the company to announce earnings of $2.00 per share and revenue of $4.49 billion for the quarter. Interested persons are encouraged to explore the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 11:00 AM ET.

Southern Copper (NYSE:SCCO - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The basic materials company reported $1.99 EPS for the quarter, beating the consensus estimate of $1.93 by $0.06. The firm had revenue of $4.29 billion during the quarter, compared to the consensus estimate of $4.37 billion. Southern Copper had a net margin of 35.87% and a return on equity of 49.04%. The business's revenue was up 40.6% compared to the same quarter last year. On average, analysts expect Southern Copper to post $7.94 EPS for the current fiscal year and $7.74 EPS for the next fiscal year.

Southern Copper Trading Up 0.6%

Shares of NYSE SCCO opened at $201.75 on Tuesday. The company's fifty day moving average is $201.36 and its 200-day moving average is $187.77. The stock has a market cap of $168.32 billion, a price-to-earnings ratio of 29.31, a P/E/G ratio of 1.76 and a beta of 1.11. Southern Copper has a twelve month low of $119.25 and a twelve month high of $223.88. The company has a quick ratio of 4.56, a current ratio of 5.06 and a debt-to-equity ratio of 0.63.

Southern Copper shares are going to split on Tuesday, November 3rd. The 1.0106-1 split was recently announced. The newly minted shares will be issued to shareholders after the market closes on Monday, November 2nd.

Southern Copper Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Tuesday, November 3rd will be given a $1.30 dividend. The ex-dividend date is Tuesday, November 3rd. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.6%. This is an increase from Southern Copper's previous quarterly dividend of $1.10. Southern Copper's dividend payout ratio is currently 64.33%.

Insiders Place Their Bets

In other Southern Copper news, Director Luis Palomino Bonilla sold 202 shares of Southern Copper stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $196.79, for a total value of $39,751.28. Following the transaction, the director owned 1,723 shares of the company's stock, valued at approximately $339,066.65. The trade was a 10.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold a total of 704 shares of company stock valued at $138,077 over the last 90 days. Insiders own 0.07% of the company's stock.

Analysts Set New Price Targets

Several analysts recently commented on SCCO shares. CICC Research downgraded Southern Copper to a "market perform" rating in a research note on Sunday, July 26th. Zacks Research lowered Southern Copper from a "strong-buy" rating to a "hold" rating in a report on Friday, August 7th. Barclays reissued an "underweight" rating and issued a $168.00 target price (up from $166.00) on shares of Southern Copper in a research note on Monday. Morgan Stanley restated an "underweight" rating and issued a $170.00 price target on shares of Southern Copper in a report on Wednesday, October 7th. Finally, Wall Street Zen upgraded Southern Copper from a "hold" rating to a "buy" rating in a report on Saturday, October 10th. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and seven have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Reduce" and a consensus target price of $160.95.

About Southern Copper

Southern Copper Corporation NYSE: SCCO is a mining and metals company engaged primarily in the exploration, development, extraction, processing and production of copper. The company also produces molybdenum, zinc, silver and lead, along with related byproducts. Its operations include open-pit mines, underground mines, concentrators, smelters, refineries and other processing facilities.

Southern Copper operates mainly in Peru and Mexico. Its Peruvian assets include the Toquepala and Cuajone copper mines, while its Mexican operations include the Buenavista del Cobre and La Caridad mines, as well as associated processing and infrastructure facilities.

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