About Southern Copper Corp (SCCO)
Southern 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
- 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
- Net Margins: 12.71%
- Return on Equity: 12.08%
- Return on Assets: 5.19%
- Debt-to-Equity Ratio: 1.04%
- Current Ratio: 2.73%
- Quick Ratio: 1.69%
Companies Related to Southern Copper Corp:
Earnings History for Southern Copper Corp (NYSE:SCCO)Earnings History by Quarter for Southern Copper Corp (NYSE:SCCO)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/1/2017|| || || || || || || || |
|7/25/2016||Q2||$0.26||$0.29||$1.34 billion||$1.34 billion||View||N/A|
|10/27/2015||Q3||$0.23||$0.12||$1.28 billion||$1.13 billion||View||N/A|
|4/24/2015||Q1||$0.29||$0.35||$1.33 billion||$1.27 billion||View||N/A|
|2/4/2015||$0.38||$0.46||$1.48 billion||$1.47 billion||View||N/A|
|10/28/2014||$0.45||$0.39||$1.53 billion||$1.48 billion||View||N/A|
|8/15/2014||$0.44||$0.40||$1.40 billion||$1.49 billion||View||N/A|
|5/1/2014||$0.42||$0.39||$1.35 billion||$1.35 billion||View||N/A|
|1/31/2013||Q4 2012||$0.62||$0.63||$1.65 billion||$1.65 billion||View||N/A|
Earnings Estimates for Southern Copper Corp (NYSE:SCCO)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Southern Copper Corp (NYSE:SCCO)
|Most Recent Dividend:||2/28/2017|
|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 History by Quarter for Southern Copper Corp (NYSE:SCCO)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Southern Copper Corp (NYSE:SCCO)
Insider Ownership Percentage: 0.39%Insider Trades by Quarter for Southern Copper Corp (NYSE:SCCO)
Institutional Ownership Percentage: 5.13%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/1/2016||Bonilla Luis Miguel Palomino||Director||Sell||600||$33.15||$19,890.00|| |
|11/20/2015||German Larrea Mota Velasco||Chairman||Buy||334,000||$27.14||$9,064,760.00|| |
|11/19/2015||German Larrea Mota Velasco||Chairman||Buy||54,000||$26.86||$1,450,440.00|| |
|11/18/2015||German Larrea Mota Velasco||Chairman||Buy||112,000||$26.17||$2,931,040.00|| |
|11/11/2015||German Larrea Mota Velasco||Chairman||Buy||30,000||$26.64||$799,200.00|| |
|11/10/2015||German Larrea Mota Velasco||Chairman||Buy||90,000||$26.79||$2,411,100.00|| |
|9/29/2015||German Larrea Mota Velasco||Chairman||Buy||122,600||$25.87||$3,171,662.00|| |
|9/28/2015||German Larrea Mota Velasco||Chairman||Buy||27,400||$25.75||$705,550.00|| |
|8/26/2015||German Larrea Mota Velasco||Chairman||Buy||50,000||$24.10||$1,205,000.00|| |
|8/24/2015||German Larrea Mota Velasco||Chairman||Buy||250,000||$25.07||$6,267,500.00|| |
|10/31/2014||German Larrea Mota Velasco||Chairman||Buy||200,000||$28.29||$5,658,000.00|| |
|10/30/2014||German Larrea Mota Velasco||Chairman||Buy||350,000||$28.51||$9,978,500.00|| |
|9/10/2014||German Larrea Mota Velasco||Chairman||Buy||50,000||$31.53||$1,576,500.00|| |
|9/9/2014||German Larrea Mota Velasco||Chairman||Buy||100,000||$31.89||$3,189,000.00|| |
|9/2/2014||German Larrea Mota Velasco||Chairman||Buy||50,000||$32.56||$1,628,000.00|| |
|8/28/2014||German Larrea Mota Velasco||Chairman||Buy||155,000||$32.46||$5,031,300.00|| |
|8/26/2014||German Larrea Mota Velasco||Chairman||Buy||45,000||$32.49||$1,462,050.00|| |
|8/21/2014||German Larrea Mota Velasco||Chairman||Buy||100,000||$31.36||$3,136,000.00|| |
|7/8/2014||Morales Luis Castelazo||Director||Sell||1,000||$33.80||$33,800.00|| |
|3/20/2014||German Larrea Mota Velasco||Chairman||Buy||2,593||$27.12||$70,322.16|| |
|5/7/2013||Bonilla Luis Miguel Palomino||Director||Sell||1,200||$33.10||$39,720.00|| |
Headline Trends for Southern Copper Corp (NYSE:SCCO)
Latest Headlines for Southern Copper Corp (NYSE:SCCO)
|Southern Copper Corp (SCCO) Earns News Sentiment Score of -0.12|
www.americanbankingnews.com - April 23 at 11:00 AM
|The Commodities Conundrum: Why the Cycle May Be Turning|
finance.yahoo.com - April 19 at 9:24 AM
|Southern Copper Corp (SCCO) Receives Media Impact Score of 0.31|
www.americanbankingnews.com - April 18 at 8:31 PM
|Southern Copper Corp (SCCO) Earns Hold Rating from Cowen and Company|
www.americanbankingnews.com - April 17 at 9:52 AM
|Southern Copper Corp (SCCO) Receiving Somewhat Favorable Media Coverage, Report Finds|
www.americanbankingnews.com - April 14 at 10:22 PM
|Southern Copper Corp's (SCCO) "Hold" Rating Reiterated at Cowen and Company|
www.americanbankingnews.com - April 14 at 3:34 PM
|Copper Prices Could Rise As Another Major Copper Mine Goes On Strike|
finance.yahoo.com - April 14 at 11:58 AM
|Mexico 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
|Southern Copper says Peru operations normal, refuting strikers' claims|
seekingalpha.com - April 10 at 7:13 PM
|Strike affects up to 80 pct of Southern Copper's output in Peru - union|
finance.yahoo.com - April 10 at 7:13 PM
|Southern Copper says Peru operations normal despite strike|
finance.yahoo.com - April 10 at 7:13 PM
|Southern Copper Corp (SCCO) Receives Average Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - April 6 at 9:58 AM
|Southern Copper Corporation (SCCO)|
seekingalpha.com - March 31 at 1:00 AM
|Grupo 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
|Why UBS Is Bullish On Copper|
blogs.barrons.com - March 23 at 12:39 AM
|Copper Explores The Bottom End Of Its Trading Range|
seekingalpha.com - March 15 at 12:12 AM
|What a Complete Shutdown at Grasberg Could Mean for Freeport|
us.rd.yahoo.com - February 27 at 9:21 AM
|Why Earnings Season Could Be Great for Southern Copper (SCCO) - Yahoo Finance|
finance.yahoo.com - February 24 at 5:26 AM
|Why Earnings Season Could Be Great for Southern Copper (SCCO)|
us.rd.yahoo.com - February 23 at 7:50 PM
|Trump 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
|Southern Copper Corporation (SCCO) Ex-Dividend Date Scheduled for February 10 ...|
www.nasdaq.com - February 11 at 12:18 AM
|Why Southern Copper Corp Stock Rocketed 18% in January - Motley Fool|
www.fool.com - February 9 at 2:34 AM
|Ex-Dividend Reminder: Kennametal, Donaldson and Southern Copper|
www.forbes.com - February 8 at 11:51 AM
|Why Southern Copper Corp Stock Rocketed 18% in January|
www.fool.com - February 7 at 2:13 PM
|Southern Copper Corp. :SCCO-US: Earnings Analysis: Q4, 2016 By the Numbers : February 6, 2017|
us.rd.yahoo.com - February 6 at 7:48 PM
|Southern Copper Corporation's (SCCO) CEO Raul Jacob on Q4 2016 Results - Earnings Call Transcript|
seekingalpha.com - February 4 at 12:19 AM
|Edited Transcript of SCCO earnings conference call or presentation 2-Feb-17 5:00pm GMT|
finance.yahoo.com - February 3 at 3:40 AM
|7:37 am Southern Copper reports Q4 EPS and revs below consensus|
finance.yahoo.com - February 2 at 12:39 AM
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