NYSE:HBM Hudbay Minerals (HBM) Stock Forecast, Price & News $4.78 +0.36 (+8.15%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$4.61▼$4.7950-Day Range$4.29▼$5.4252-Week Range$3.08▼$6.34Volume1.91 million shsAverage Volume2.73 million shsMarket Capitalization$1.25 billionP/E Ratio119.40Dividend Yield0.21%Price Target$10.11 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Hudbay Minerals MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside111.7% Upside$10.11 Price TargetShort InterestHealthy3.86% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth60.00%From $0.55 to $0.88 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.10 out of 5 starsBasic Materials Sector8th out of 164 stocksMetal Mining Industry2nd out of 19 stocks 3.3 Analyst's Opinion Consensus RatingHudbay Minerals has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.11, Hudbay Minerals has a forecasted upside of 111.7% from its current price of $4.78.Amount of Analyst CoverageHudbay Minerals has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.86% of the float of Hudbay Minerals has been sold short.Short Interest Ratio / Days to CoverHudbay Minerals has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Hudbay Minerals has recently decreased by 1.42%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldHudbay Minerals has a dividend yield of 0.34%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthHudbay Minerals does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Hudbay Minerals is 25.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Hudbay Minerals will have a dividend payout ratio of 1.14% next year. This indicates that Hudbay Minerals will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HBM. Previous Next 2.1 News and Social Media Coverage News SentimentHudbay Minerals has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 1 news article for Hudbay Minerals this week, compared to 3 articles on an average week.Search InterestOnly 16 people have searched for HBM on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Hudbay Minerals to their MarketBeat watchlist in the last 30 days. This is a decrease of -89% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hudbay Minerals insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.25% of the stock of Hudbay Minerals is held by insiders.Percentage Held by Institutions80.19% of the stock of Hudbay Minerals is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Hudbay Minerals are expected to grow by 60.00% in the coming year, from $0.55 to $0.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hudbay Minerals is 119.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Hudbay Minerals is 119.40, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 89.73.Price to Earnings Growth RatioHudbay Minerals has a PEG Ratio of 0.59. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioHudbay Minerals has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Hudbay Minerals (NYSE:HBM) StockHudbay Minerals, Inc. operates as a mining company. The firm engages in the production of copper concentrate, molybdenum concentrate and zinc metal. It focuses on the discovery, production and marketing of base and precious metals. The company was founded on January 16, 1996 and is headquartered in Toronto, Canada.Read More Receive HBM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hudbay Minerals and its competitors with MarketBeat's FREE daily newsletter. Email Address HBM Stock News HeadlinesMay 25, 2023 | americanbankingnews.comHudbay Minerals Inc. (NYSE:HBM) Given Average Rating of "Hold" by AnalystsMay 24, 2023 | americanbankingnews.comRaymond James Weighs in on Hudbay Minerals Inc.'s Q2 2023 Earnings (NYSE:HBM)June 2, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 19, 2023 | americanbankingnews.comHudbay Minerals (NYSE:HBM) Receives New Coverage from Analysts at Stifel NicolausMay 18, 2023 | finance.yahoo.comHudbay and Copper Mountain Announce Filing of Joint Management Information Circular in Connection with Proposed Combination and Support from Largest ShareholdersMay 17, 2023 | markets.businessinsider.comRBC Capital Remains a Buy on Hudbay Minerals (HBM)May 16, 2023 | americanbankingnews.comCormark Comments on Hudbay Minerals Inc.'s Q2 2023 Earnings (NYSE:HBM)May 9, 2023 | seekingalpha.comHudbay Minerals Inc. 2023 Q1 - Results - Earnings Call PresentationJune 2, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 8, 2023 | juniorminingnetwork.comHudbay Minerals Announces First Quarter 2023 ResultsMay 8, 2023 | finance.yahoo.comHudBay Minerals (HBM) Reports Break-Even Earnings for Q1May 7, 2023 | americanbankingnews.comHudbay Minerals (HBM) to Release Quarterly Earnings on MondayApril 28, 2023 | theglobeandmail.comClosing Bell: Hudbay Minerals Inc up on Friday (HBM)April 27, 2023 | finance.yahoo.comHudbay Reaches Major Milestone Towards Achieving its 2030 Greenhouse Gas Reduction Targets with the Signing of a Renewable Power Supply Agreement for its Constancia Mine in PeruApril 26, 2023 | theglobeandmail.comClosing Bell: Hudbay Minerals Inc down on Tuesday (HBM)April 26, 2023 | americanbankingnews.comHudbay Minerals (NYSE:HBM) & Lithium (OTCMKTS:LTUM) Head-To-Head ComparisonApril 26, 2023 | americanbankingnews.comHudbay Minerals Inc. to Post Q2 2023 Earnings of $0.12 Per Share, Cormark Forecasts (NYSE:HBM)April 25, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Hudbay Minerals Inc. (NYSE:HBM) Cut by AnalystApril 23, 2023 | americanbankingnews.comCormark Equities Analysts Raise Earnings Estimates for Hudbay Minerals Inc. (NYSE:HBM)April 21, 2023 | markets.businessinsider.comBarclays Keeps Their Hold Rating on Hudbay Minerals (HBM)April 21, 2023 | americanbankingnews.comResearch Analysts Offer Predictions for Hudbay Minerals Inc.'s Q4 2023 Earnings (NYSE:HBM)April 20, 2023 | theglobeandmail.comClosing Bell: Hudbay Minerals Inc down on Wednesday (HBM)April 19, 2023 | americanbankingnews.comQ1 2023 Earnings Estimate for Hudbay Minerals Inc. (NYSE:HBM) Issued By National Bank FinancialApril 17, 2023 | theglobeandmail.comClosing Bell: Hudbay Minerals Inc up on Monday (HBM)April 14, 2023 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Hudbay Minerals (HBM) and Interfor (OtherIFSPF)April 14, 2023 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: CF Holdings (CF) and Hudbay Minerals (HBM)April 13, 2023 | msn.comHudbay Minerals strikes all-stock deal to buy Copper Mountain Mining worth US$439MSee More Headlines HBM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HBM Company Calendar Last Earnings2/24/2023Ex-Dividend for 3/24 Dividend3/06/2023Dividend Payable3/24/2023Today6/02/2023Next Earnings (Estimated)8/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Metal mining Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:HBM CUSIPN/A CIK1322422 Webwww.hudbayminerals.com Phone(416) 362-8181Fax416-362-7844Employees2,241Year Founded2012Price Target and Rating Average Stock Price Forecast$10.11 High Stock Price Forecast$12.50 Low Stock Price Forecast$8.75 Forecasted Upside/Downside+111.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.04 Trailing P/E Ratio119.28 Forward P/E Ratio8.67 P/E Growth0.59Net Income$70.38 million Net Margins0.87% Pretax Margin1.77% Return on Equity1.38% Return on Assets0.50% Debt Debt-to-Equity Ratio0.78 Current Ratio1.21 Quick Ratio0.82 Sales & Book Value Annual Sales$1.38 billion Price / Sales0.91 Cash Flow$1.24 per share Price / Cash Flow3.84 Book Value$6.01 per share Price / Book0.79Miscellaneous Outstanding Shares262,054,000Free Float261,399,000Market Cap$1.25 billion OptionableOptionable Beta1.96 Social Links Key ExecutivesPeter G. J. KukielskiPresident, Chief Executive Officer & DirectorAndre Taylor LauzonChief Operating Officer & Senior Vice PresidentEugene Chi Yen LeiChief Financial OfficerOlivier TavchandjianVice President-Exploration & Technical ServicesJon A. DouglasTreasurer & Vice PresidentKey CompetitorsFerroglobeNASDAQ:GSMNew GoldNYSE:NGDAmerican LithiumNASDAQ:AMLIPretium ResourcesNYSE:PVGLithium AmericasNYSE:LACView All CompetitorsInstitutional OwnershipJPMorgan Chase & Co.Bought 225,590 shares on 5/18/2023Ownership: 0.191%Alberta Investment Management CorpBought 39,500 shares on 5/16/2023Ownership: 0.058%SIG North Trading ULCSold 48,500 shares on 5/16/2023Ownership: 0.000%Squarepoint Ops LLCSold 38,840 shares on 5/16/2023Ownership: 0.007%Grayhawk Investment Strategies Inc.Bought 5,886 shares on 5/16/2023Ownership: 0.002%View All Institutional Transactions HBM Stock - Frequently Asked Questions Should I buy or sell Hudbay Minerals stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hudbay Minerals in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HBM shares. View HBM analyst ratings or view top-rated stocks. What is Hudbay Minerals' stock price forecast for 2023? 4 equities research analysts have issued 1 year target prices for Hudbay Minerals' shares. Their HBM share price forecasts range from $8.75 to $12.50. On average, they expect the company's stock price to reach $10.11 in the next twelve months. This suggests a possible upside of 111.9% from the stock's current price. View analysts price targets for HBM or view top-rated stocks among Wall Street analysts. How have HBM shares performed in 2023? Hudbay Minerals' stock was trading at $5.07 at the beginning of the year. Since then, HBM stock has decreased by 5.9% and is now trading at $4.77. View the best growth stocks for 2023 here. When is Hudbay Minerals' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023. View our HBM earnings forecast. How were Hudbay Minerals' earnings last quarter? Hudbay Minerals Inc. (NYSE:HBM) announced its quarterly earnings data on Friday, February, 24th. The mining company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by $0.01. The mining company had revenue of $321.20 million for the quarter, compared to the consensus estimate of $395.63 million. Hudbay Minerals had a net margin of 0.87% and a trailing twelve-month return on equity of 1.38%. The company's revenue was down 24.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.13 earnings per share. How often does Hudbay Minerals pay dividends? What is the dividend yield for Hudbay Minerals? Hudbay Minerals announced a Semi-Annual dividend on Thursday, February 23rd. Investors of record on Tuesday, March 7th will be paid a dividend of $0.008 per share on Friday, March 24th. This represents a dividend yield of 0.3%. The ex-dividend date is Monday, March 6th. Read our dividend analysis for HBM. What ETF holds Hudbay Minerals' stock ? Dimensional International Small Cap Value ETF holds 520,510 shares of HBM stock, representing 0.25% of its portfolio. Is Hudbay Minerals a good dividend stock? Hudbay Minerals (NYSE:HBM) pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.34%. The dividend payout ratio is 25.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HBM will have a dividend payout ratio of 1.14% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HBM. What is David Garofalo's approval rating as Hudbay Minerals' CEO? 14 employees have rated Hudbay Minerals Chief Executive Officer David Garofalo on Glassdoor.com. David Garofalo has an approval rating of 37% among the company's employees. This puts David Garofalo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Hudbay Minerals own? Based on aggregate information from My MarketBeat watchlists, some companies that other Hudbay Minerals investors own include Cellectar Biosciences (CLRB), Zynga (ZNGA), Quantum (QTM), Baytex Energy (BTE), Sherritt International (S), (CXRX) (CXRX), Bombardier (BDRBF), Bombardier, Inc. Class B (BBD.B) and Bonavista Energy Co. (BNP.TO) (BNP). What is Hudbay Minerals' stock symbol? Hudbay Minerals trades on the New York Stock Exchange (NYSE) under the ticker symbol "HBM." Who are Hudbay Minerals' major shareholders? Hudbay Minerals' stock is owned by a number of institutional and retail investors. Top institutional shareholders include GMT Capital Corp (11.75%), Waterton Global Resource Management Inc. (8.30%), Letko Brosseau & Associates Inc. (6.47%), Acadian Asset Management LLC (2.32%), Mirae Asset Global Investments Co. Ltd. (2.10%) and Connor Clark & Lunn Investment Management Ltd. (1.24%). How do I buy shares of Hudbay Minerals? Shares of HBM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Hudbay Minerals' stock price today? One share of HBM stock can currently be purchased for approximately $4.77. How much money does Hudbay Minerals make? Hudbay Minerals (NYSE:HBM) has a market capitalization of $1.25 billion and generates $1.38 billion in revenue each year. The mining company earns $70.38 million in net income (profit) each year or $0.04 on an earnings per share basis. How many employees does Hudbay Minerals have? The company employs 2,241 workers across the globe. How can I contact Hudbay Minerals? Hudbay Minerals' mailing address is 25 YORK STREET SUITE 800, TORONTO A6, M5J 2V5. The official website for the company is www.hudbayminerals.com. The mining company can be reached via phone at (416) 362-8181, via email at investor.relations@hudbayminerals.com, or via fax at 416-362-7844. This page (NYSE:HBM) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Hudbay Minerals Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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