What is Scotiabank's Estimate for SQM Q1 Earnings?

Key Points

• Scotiabank raised its Q1 2026 EPS estimate for SQM to $1.82 from $1.22, reflecting a more optimistic outlook ahead of the company’s upcoming results.
• The firm kept a Sector Outperform rating on Sociedad Quimica y Minera and maintained a $100 price target on the stock.
• Broader analyst sentiment is mixed: SQM has an average Hold rating and a consensus price target of $71.42, even as the shares recently traded near $91.35.

Sociedad Quimica y Minera S.A. (NYSE:SQM - Free Report) - Scotiabank raised their Q1 2026 earnings per share (EPS) estimates for shares of Sociedad Quimica y Minera in a note issued to investors on Wednesday, May 6th. Scotiabank analyst B. Isaacson now expects that the basic materials company will post earnings per share of $1.82 for the quarter, up from their prior forecast of $1.22. Scotiabank currently has a "Sector Outperform" rating and a $100.00 target price on the stock. The consensus estimate for Sociedad Quimica y Minera's current full-year earnings is $7.30 per share.

Sociedad Quimica y Minera (NYSE:SQM - Get Free Report) last announced its earnings results on Saturday, February 14th. The basic materials company reported $0.64 earnings per share (EPS) for the quarter. Sociedad Quimica y Minera had a return on equity of 9.69% and a net margin of 12.85%.The firm had revenue of $1.32 billion for the quarter.

A number of other brokerages have also weighed in on SQM. Clarkson Capital restated a "neutral" rating and issued a $90.00 price objective on shares of Sociedad Quimica y Minera in a report on Thursday, January 22nd. Wall Street Zen upgraded Sociedad Quimica y Minera from a "hold" rating to a "buy" rating in a report on Saturday, March 7th. Bank of America raised their price objective on Sociedad Quimica y Minera from $49.00 to $53.00 and gave the company an "underperform" rating in a report on Wednesday, March 25th. Zacks Research lowered Sociedad Quimica y Minera from a "strong-buy" rating to a "hold" rating in a report on Monday, March 23rd. Finally, JPMorgan Chase & Co. raised their price objective on Sociedad Quimica y Minera from $79.00 to $93.00 and gave the company an "overweight" rating in a report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $71.42.

Sociedad Quimica y Minera Price Performance

Shares of NYSE:SQM opened at $91.35 on Monday. Sociedad Quimica y Minera has a 1 year low of $29.36 and a 1 year high of $98.00. The firm has a market capitalization of $26.10 billion, a price-to-earnings ratio of 44.56, a price-to-earnings-growth ratio of 0.26 and a beta of 1.00. The business's 50 day moving average price is $81.58 and its 200-day moving average price is $71.36.

Sociedad Quimica y Minera Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th will be issued a dividend of $1.0295 per share. This represents a $4.12 annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Friday, May 8th. Sociedad Quimica y Minera's payout ratio is currently 130.73%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Signaturefd LLC raised its holdings in shares of Sociedad Quimica y Minera by 37.0% during the 4th quarter. Signaturefd LLC now owns 656 shares of the basic materials company's stock worth $45,000 after acquiring an additional 177 shares during the period. Sequoia Financial Advisors LLC raised its holdings in shares of Sociedad Quimica y Minera by 5.9% during the 1st quarter. Sequoia Financial Advisors LLC now owns 3,767 shares of the basic materials company's stock worth $305,000 after acquiring an additional 210 shares during the period. Parallel Advisors LLC raised its holdings in shares of Sociedad Quimica y Minera by 43.2% during the 1st quarter. Parallel Advisors LLC now owns 822 shares of the basic materials company's stock worth $67,000 after acquiring an additional 248 shares during the period. GAMMA Investing LLC raised its holdings in shares of Sociedad Quimica y Minera by 138.4% during the 4th quarter. GAMMA Investing LLC now owns 441 shares of the basic materials company's stock worth $30,000 after acquiring an additional 256 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in shares of Sociedad Quimica y Minera by 1.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 14,363 shares of the basic materials company's stock worth $988,000 after acquiring an additional 257 shares during the period. Hedge funds and other institutional investors own 12.41% of the company's stock.

About Sociedad Quimica y Minera

Sociedad Química y Minera de Chile SA NYSE: SQM is a leading global producer of specialty chemicals and minerals headquartered in Santiago, Chile. The company focuses on the extraction and processing of key inputs for the agricultural, industrial and high‐tech sectors. Its core business activities include the mining of lithium, potassium and iodine, as well as the manufacture of value‐added products derived from these raw materials.

SQM's product portfolio spans lithium carbonate and lithium hydroxide used in electric vehicle batteries and energy storage systems; potassium chloride and potassium nitrate fertilizers designed for precision agriculture; and iodine and its derivatives for pharmaceutical, food and electronics applications.

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