Southern Copper Corp Company Profile (NYSE:SCCO)

About Southern Copper Corp (SCCO)

Southern Copper Corp logoSouthern Copper Corporation is an integrated copper producer. It produces copper and, in the production process, obtains several by-products, including molybdenum, silver, zinc, sulfuric acid and other metals. Its segments include the Peruvian operations, the Mexican open-pit operations and the Mexican underground mining operations segment identified as the IMMSA unit. The Peruvian operations segment includes the Toquepala and Cuajone mine complexes, and the smelting and refining plants, including a metals plant industrial railroad and port facilities that service both mines. The Mexican open-pit operations segment includes the La Caridad and Buenavista mine complexes, and the smelting and refining plants, including a metals plant and a copper rod plant, and support facilities that service both mines. As of December 31, 2016, the Mexican underground mining operations segment included five underground mines that produce zinc, copper, silver and gold, a coal mine and a zinc refinery.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Copper
  • Sub-Industry: Diversified Metals & Mining
  • Exchange: NYSE
  • Symbol: SCCO
  • CUSIP: 84265V10
Key Metrics:
  • Previous Close: $35.70
  • 50 Day Moving Average: $35.84
  • 200 Day Moving Average: $33.97
  • 52-Week Range: $24.90 - $39.50
  • Trailing P/E Ratio: 35.92
  • Foreward P/E Ratio: 18.21
  • P/E Growth: 0.97
  • Market Cap: $27.87B
  • Outstanding Shares: 773,016,000
  • Beta: 0.65
Profitability:
  • Net Margins: 12.71%
  • Return on Equity: 12.08%
  • Return on Assets: 5.19%
Debt:
  • Debt-to-Equity Ratio: 1.04%
  • Current Ratio: 2.73%
  • Quick Ratio: 1.69%

Analyst Ratings

Consensus Ratings for Southern Copper Corp (NYSE:SCCO) (?)
Ratings Breakdown: 4 Sell Ratings, 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.78)
Consensus Price Target: $31.07 (13.83% downside)

Analysts' Ratings History for Southern Copper Corp (NYSE:SCCO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/11/2017Cowen and CompanyReiterated RatingHoldLowView Rating Details
3/14/2017FBR & CoBoost Price TargetOutperform -> Outperform$41.00 -> $43.00LowView Rating Details
2/9/2017Barclays PLCDowngradeEqual Weight -> Underweight$32.00 -> $33.00N/AView Rating Details
2/5/2017Berenberg BankReiterated RatingSell$23.00N/AView Rating Details
12/13/2016Morgan StanleyDowngradeEqual Weight -> UnderweightN/AView Rating Details
12/7/2016Credit Suisse Group AGUpgradeUnderperform -> Neutral$32.00N/AView Rating Details
8/26/2016HSBC Holdings plcUpgradeHold -> Buy$26.01 -> $31.50N/AView Rating Details
6/9/2016Goldman Sachs Group IncInitiated CoverageNeutral$27.00N/AView Rating Details
5/4/2016Citigroup IncDowngradeNeutral -> SellN/AView Rating Details
3/24/2016Bank of America CorpUpgradeUnderperform -> NeutralN/AView Rating Details
3/23/2016Deutsche Bank AGBoost Price Target$25.00 -> $25.50N/AView Rating Details
3/23/2016BMO Capital MarketsDowngradeOutperform -> Market Perform$30.00N/AView Rating Details
2/17/2016JPMorgan Chase & Co.DowngradeOverweight -> Neutral$29.00 -> $28.00N/AView Rating Details
12/8/2015SantanderDowngradeBuy -> Hold$30.00N/AView Rating Details
9/29/2015ScotiabankDowngradeSector Perform$39.00 -> $35.00N/AView Rating Details
9/29/2015Howard WeilLower Price TargetOutperform -> Sector Perform$39.00 -> $35.00N/AView Rating Details
5/8/2015Brean CapitalReiterated RatingHoldN/AView Rating Details
(Data available from 4/27/2015 forward)

Earnings

Earnings History for Southern Copper Corp (NYSE:SCCO)
Earnings by Quarter for Southern Copper Corp (NYSE:SCCO)
Earnings History by Quarter for Southern Copper Corp (NYSE:SCCO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
7/25/2016Q2$0.26$0.29$1.34 billion$1.34 billionViewN/AView Earnings Details
2/10/2016Q4$0.19$0.08ViewN/AView Earnings Details
10/27/2015Q3$0.23$0.12$1.28 billion$1.13 billionViewN/AView Earnings Details
7/27/2015Q2$0.36$0.37ViewN/AView Earnings Details
4/24/2015Q1$0.29$0.35$1.33 billion$1.27 billionViewN/AView Earnings Details
2/4/2015$0.38$0.46$1.48 billion$1.47 billionViewN/AView Earnings Details
11/11/2014$0.45$0.39ViewN/AView Earnings Details
10/28/2014$0.45$0.39$1.53 billion$1.48 billionViewN/AView Earnings Details
8/15/2014$0.44$0.40$1.40 billion$1.49 billionViewN/AView Earnings Details
7/29/2014$0.41$0.40ViewN/AView Earnings Details
5/20/2014$0.44$0.39ViewN/AView Earnings Details
5/1/2014$0.42$0.39$1.35 billion$1.35 billionViewN/AView Earnings Details
1/31/2013Q4 2012$0.62$0.63$1.65 billion$1.65 billionViewN/AView Earnings Details
7/31/2012$0.61$0.66ViewN/AView Earnings Details
2/9/2012$0.68$0.64ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Southern Copper Corp (NYSE:SCCO)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.55$0.55$0.55
Q2 20171$0.56$0.56$0.56
Q3 20171$0.61$0.61$0.61
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Southern Copper Corp (NYSE:SCCO)
Most Recent Dividend:2/28/2017
Annual Dividend:$0.32
Dividend Yield:0.89%
Dividend Growth:-35.80% (3 Year Average)
Payout Ratio:36.78% (Trailing 12 Months of Earnings)
18.71% (Based on This Year's Estimates)
16.16% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Southern Copper Corp (NYSE:SCCO)

Dividend History by Quarter for Southern Copper Corp (NYSE:SCCO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/27/2017Quarterly$0.080.83%2/10/20172/14/20172/28/2017
10/21/2016Quarterly$0.050.72%11/7/201611/9/201611/29/2016
7/25/2016quarterly$0.050.76%8/9/20168/11/20168/25/2016
4/25/2016quarterly$0.050.69%5/6/20165/10/20165/24/2016
2/1/2016quarterly$0.030.63%2/11/20162/16/20163/1/2016
10/27/2015quarterly$0.040.57%11/6/201511/10/201511/24/2015
7/27/2015quarterly$0.101.53%8/11/20158/13/20158/27/2015
4/27/2015quarterly$0.101.28%5/11/20155/13/20155/27/2015
2/2/2015quarterly$0.101.46%2/9/20152/17/20153/3/2015
10/27/2014quarterly$0.121.66%11/6/201411/11/201411/25/2014
7/28/2014quarterly$0.121.45%8/13/20148/15/20148/28/2014
5/12/2014quarterly$0.101.34%5/22/20145/27/20146/10/2014
2/3/2014quarterly$0.121.74%2/13/20142/18/20143/4/2014
10/21/2013quarterly$0.121.69%11/5/201311/7/201311/21/2013
7/22/2013quarterly$0.121.68%8/5/20138/7/20138/20/2013
4/22/2013quarterly$0.202.47%5/6/20135/8/20135/21/2013
1/29/2013quarterly$0.242.44%2/11/20132/13/20132/26/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Southern Copper Corp (NYSE:SCCO)
Insider Ownership Percentage: 0.39%
Institutional Ownership Percentage: 5.13%
Insider Trades by Quarter for Southern Copper Corp (NYSE:SCCO)
Institutional Ownership by Quarter for Southern Copper Corp (NYSE:SCCO)
Insider Trades by Quarter for Southern Copper Corp (NYSE:SCCO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/1/2016Bonilla Luis Miguel PalominoDirectorSell600$33.15$19,890.00View SEC Filing  
11/20/2015German Larrea Mota VelascoChairmanBuy334,000$27.14$9,064,760.00View SEC Filing  
11/19/2015German Larrea Mota VelascoChairmanBuy54,000$26.86$1,450,440.00View SEC Filing  
11/18/2015German Larrea Mota VelascoChairmanBuy112,000$26.17$2,931,040.00View SEC Filing  
11/11/2015German Larrea Mota VelascoChairmanBuy30,000$26.64$799,200.00View SEC Filing  
11/10/2015German Larrea Mota VelascoChairmanBuy90,000$26.79$2,411,100.00View SEC Filing  
9/29/2015German Larrea Mota VelascoChairmanBuy122,600$25.87$3,171,662.00View SEC Filing  
9/28/2015German Larrea Mota VelascoChairmanBuy27,400$25.75$705,550.00View SEC Filing  
8/26/2015German Larrea Mota VelascoChairmanBuy50,000$24.10$1,205,000.00View SEC Filing  
8/24/2015German Larrea Mota VelascoChairmanBuy250,000$25.07$6,267,500.00View SEC Filing  
10/31/2014German Larrea Mota VelascoChairmanBuy200,000$28.29$5,658,000.00View SEC Filing  
10/30/2014German Larrea Mota VelascoChairmanBuy350,000$28.51$9,978,500.00View SEC Filing  
9/10/2014German Larrea Mota VelascoChairmanBuy50,000$31.53$1,576,500.00View SEC Filing  
9/9/2014German Larrea Mota VelascoChairmanBuy100,000$31.89$3,189,000.00View SEC Filing  
9/2/2014German Larrea Mota VelascoChairmanBuy50,000$32.56$1,628,000.00View SEC Filing  
8/28/2014German Larrea Mota VelascoChairmanBuy155,000$32.46$5,031,300.00View SEC Filing  
8/26/2014German Larrea Mota VelascoChairmanBuy45,000$32.49$1,462,050.00View SEC Filing  
8/21/2014German Larrea Mota VelascoChairmanBuy100,000$31.36$3,136,000.00View SEC Filing  
7/8/2014Morales Luis CastelazoDirectorSell1,000$33.80$33,800.00View SEC Filing  
3/20/2014German Larrea Mota VelascoChairmanBuy2,593$27.12$70,322.16View SEC Filing  
5/7/2013Bonilla Luis Miguel PalominoDirectorSell1,200$33.10$39,720.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Southern Copper Corp (NYSE:SCCO)
Latest Headlines for Southern Copper Corp (NYSE:SCCO)
Source:
DateHeadline
americanbankingnews.com logoSouthern Copper Corp (SCCO) Earns News Sentiment Score of -0.12
www.americanbankingnews.com - April 23 at 11:00 AM
finance.yahoo.com logoThe Commodities Conundrum: Why the Cycle May Be Turning
finance.yahoo.com - April 19 at 9:24 AM
americanbankingnews.com logoSouthern Copper Corp (SCCO) Receives Media Impact Score of 0.31
www.americanbankingnews.com - April 18 at 8:31 PM
americanbankingnews.com logoSouthern Copper Corp (SCCO) Earns Hold Rating from Cowen and Company
www.americanbankingnews.com - April 17 at 9:52 AM
americanbankingnews.com logoSouthern Copper Corp (SCCO) Receiving Somewhat Favorable Media Coverage, Report Finds
www.americanbankingnews.com - April 14 at 10:22 PM
americanbankingnews.com logoSouthern Copper Corp's (SCCO) "Hold" Rating Reiterated at Cowen and Company
www.americanbankingnews.com - April 14 at 3:34 PM
finance.yahoo.com logoCopper Prices Could Rise As Another Major Copper Mine Goes On Strike
finance.yahoo.com - April 14 at 11:58 AM
finance.yahoo.com logoMexico Generadora de Energia S. de R.L. -- Moody's Affirms Mexico Generadora's Baa2 Rating; Outlook Changed to Stable
finance.yahoo.com - April 11 at 7:29 PM
seekingalpha.com logoSouthern Copper says Peru operations normal, refuting strikers' claims
seekingalpha.com - April 10 at 7:13 PM
finance.yahoo.com logoStrike affects up to 80 pct of Southern Copper's output in Peru - union
finance.yahoo.com - April 10 at 7:13 PM
finance.yahoo.com logoSouthern Copper says Peru operations normal despite strike
finance.yahoo.com - April 10 at 7:13 PM
americanbankingnews.com logoSouthern Copper Corp (SCCO) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - April 6 at 9:58 AM
seekingalpha.com logoSouthern Copper Corporation (SCCO)
seekingalpha.com - March 31 at 1:00 AM
moodys.com logoGrupo Minero Mexico, S.A. de C.V. -- Moody's affirms Southern Copper's Baa2 ratings; outlook changed to stable
www.moodys.com - March 29 at 10:03 PM
blogs.barrons.com logoWhy UBS Is Bullish On Copper
blogs.barrons.com - March 23 at 12:39 AM
seekingalpha.com logoCopper Explores The Bottom End Of Its Trading Range
seekingalpha.com - March 15 at 12:12 AM
us.rd.yahoo.com logoWhat a Complete Shutdown at Grasberg Could Mean for Freeport
us.rd.yahoo.com - February 27 at 9:21 AM
finance.yahoo.com logoWhy Earnings Season Could Be Great for Southern Copper (SCCO) - Yahoo Finance
finance.yahoo.com - February 24 at 5:26 AM
us.rd.yahoo.com logoWhy Earnings Season Could Be Great for Southern Copper (SCCO)
us.rd.yahoo.com - February 23 at 7:50 PM
bizjournals.com logoTrump triple play for stocks: Dow, S&P, Nasdaq hit record highs again via boosts from tax talk, China, Japan
www.bizjournals.com - February 19 at 6:39 PM
nasdaq.com logoSouthern Copper Corporation (SCCO) Ex-Dividend Date Scheduled for February 10 ...
www.nasdaq.com - February 11 at 12:18 AM
fool.com logoWhy Southern Copper Corp Stock Rocketed 18% in January - Motley Fool
www.fool.com - February 9 at 2:34 AM
forbes.com logoEx-Dividend Reminder: Kennametal, Donaldson and Southern Copper
www.forbes.com - February 8 at 11:51 AM
fool.com logoWhy Southern Copper Corp Stock Rocketed 18% in January
www.fool.com - February 7 at 2:13 PM
capitalcube.com logoSouthern Copper Corp. :SCCO-US: Earnings Analysis: Q4, 2016 By the Numbers : February 6, 2017
us.rd.yahoo.com - February 6 at 7:48 PM
seekingalpha.com logoSouthern Copper Corporation's (SCCO) CEO Raul Jacob on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 4 at 12:19 AM
finance.yahoo.com logoEdited Transcript of SCCO earnings conference call or presentation 2-Feb-17 5:00pm GMT
finance.yahoo.com - February 3 at 3:40 AM
finance.yahoo.com logo7:37 am Southern Copper reports Q4 EPS and revs below consensus
finance.yahoo.com - February 2 at 12:39 AM

Social

Frequently Asked Questions for Southern Copper Corp (NYSE:SCCO)

What is Southern Copper Corp's stock symbol?

Southern Copper Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "SCCO."

How often does Southern Copper Corp pay dividends? What is the dividend yield for Southern Copper Corp?

Southern Copper Corp declared a quarterly dividend on Friday, January 27th. Shareholders of record on Tuesday, February 14th will be given a dividend of $0.08 per share on Tuesday, February 28th. This represents a $0.32 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date of this dividend is Friday, February 10th. This is an increase from Southern Copper Corp's previous quarterly dividend of $0.05.

How were Southern Copper Corp's earnings last quarter?

Southern Copper Corp (NYSE:SCCO) issued its quarterly earnings data on Monday, July, 25th. The company reported $0.29 earnings per share for the quarter, topping analysts' consensus estimates of $0.26 by $0.03. The company earned $1.34 billion during the quarter, compared to analysts' expectations of $1.34 billion. Southern Copper Corp had a return on equity of 12.08% and a net margin of 12.71%.

When will Southern Copper Corp make its next earnings announcement?

Southern Copper Corp is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

Where is Southern Copper Corp's stock going? Where will Southern Copper Corp's stock price be in 2017?

9 analysts have issued twelve-month price targets for Southern Copper Corp's stock. Their predictions range from $23.00 to $43.00. On average, they anticipate Southern Copper Corp's stock price to reach $31.07 in the next year.

What are analysts saying about Southern Copper Corp stock?

Here are some recent quotes from research analysts about Southern Copper Corp stock:

  • 1. FBR & Co analysts commented, "With this report, we are updating our estimates for Southern Copper to incorporate additional information from the company's release of its 10-K earlier this month. After completing its $3.5 billion investment program in Mexico, the company is now eyeing its next stage of organic growth with the goal of raising copper production to 1.5 million Mt in 2023 from 0.9 million Mt in 2016. Growth projects include completions of existing growth initiatives (Toquepala, Pilares, and El Pilar), as well as the commencement of new large-scale projects (Tia Maria, El Arco, Los Chancas, and Buenavista Zinc). This growth pipeline anticipates meaningful capex spending in 2018 for Tia Maria ($431 million of $1.6 billion in 2018) and production from this project in 2020 and thereafter. We are positive on Southern Copper's long-term organic development prospects and maintain our rating of Outperform. The positive cost and sustaining capital guidance versus our estimates lead to an increase in our price target to $43, from $41." (3/14/2017)
  • 2. According to Zacks Investment Research, "Southern Copper Corporation is a mining metallurgical company, producer of copper and valuable by-products. " (2/14/2017)

Who owns Southern Copper Corp stock?

Southern Copper Corp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Manning & Napier Advisors LLC (0.21%), Personal Capital Advisors Corp (0.11%), Denali Advisors LLC (0.07%), Bollard Group LLC (0.04%), Gateway Investment Advisers LLC (0.03%) and Strs Ohio (0.02%). Company insiders that own Southern Copper Corp stock include Bonilla Luis Miguel Palomino and German Larrea Mota Velasco.

Who sold Southern Copper Corp stock? Who is selling Southern Copper Corp stock?

Southern Copper Corp's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Russell Investments Group Ltd., State of New Jersey Common Pension Fund D, Gateway Investment Advisers LLC, Korea Investment CORP, Shell Asset Management Co. and Waverton Investment Management Ltd.

Who bought Southern Copper Corp stock? Who is buying Southern Copper Corp stock?

Southern Copper Corp's stock was acquired by a variety of institutional investors in the last quarter, including Manning & Napier Advisors LLC, Personal Capital Advisors Corp, Denali Advisors LLC, Bollard Group LLC, Nationwide Fund Advisors, Sheets Smith Wealth Management, Gulf International Bank UK Ltd and Creative Planning.

How do I buy Southern Copper Corp stock?

Shares of Southern Copper Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Southern Copper Corp stock cost?

One share of Southern Copper Corp stock can currently be purchased for approximately $36.06.

Southern Copper Corp (SCCO) Chart for Thursday, April, 27, 2017

This page was last updated on 4/27/2017 by MarketBeat.com Staff