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S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Shocking Bank Secret of the Ultra-Rich (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Shocking Bank Secret of the Ultra-Rich (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Laser breakthrough could send stock soaring 2,467% (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Shocking Bank Secret of the Ultra-Rich (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Shocking Bank Secret of the Ultra-Rich (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Laser breakthrough could send stock soaring 2,467% (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Shocking Bank Secret of the Ultra-Rich (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Shocking Bank Secret of the Ultra-Rich (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Laser breakthrough could send stock soaring 2,467% (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
NYSE:SCCO

Southern Copper (SCCO) Stock Price, News & Analysis

$83.11
-0.26 (-0.31%)
(As of 02/22/2024 ET)
Today's Range
$82.48
$83.83
50-Day Range
$78.03
$88.21
52-Week Range
$64.66
$88.40
Volume
712,150 shs
Average Volume
914,507 shs
Market Capitalization
$64.25 billion
P/E Ratio
26.47
Dividend Yield
3.85%
Price Target
$64.50

Southern Copper MarketRank™ Stock Analysis

Analyst Rating
Strong Sell
1.33 Rating Score
Upside/​Downside
22.4% Downside
$64.50 Price Target
Short Interest
Bearish
6.70% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.44
Upright™ Environmental Score
News Sentiment
0.46mentions of Southern Copper in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
24.29%
From $3.50 to $4.35 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.30 out of 5 stars

Basic Materials Sector

124th out of 176 stocks

Metal Mining Industry

9th out of 20 stocks


SCCO stock logo

About Southern Copper Stock (NYSE:SCCO)

Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc, copper, molybdenum, silver, gold, and lead. It operates the Toquepala and Cuajone open-pit mines, and a smelter and refinery in Peru; and La Caridad, an open-pit copper mine, as well as a copper ore concentrator, a SX-EW plant, a smelter, refinery, and a rod plant in Mexico. The company also operates Buenavista, an open-pit copper mine, as well as two copper concentrators and two operating SX-EW plants in Mexico. In addition, it operates five underground mines that produce zinc, lead, copper, silver, and gold; a coal mine that produces coal and coke; and a zinc refinery. The company has interests in 493,117 hectares of exploration concessions in Peru and Mexico; 239,077 hectares of exploration concessions in Argentina; 30,568 hectares of exploration concessions in Chile; and 7,299 hectares of exploration concessions in Ecuador. Southern Copper Corporation was incorporated in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation operates as a subsidiary of Americas Mining Corporation.

SCCO Stock Price History

SCCO Stock News Headlines

SCCO Jun 2024 92.500 call
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
SCCO Sep 2024 90.000 call
SCCO Mar 2024 100.000 put
The World's First "$20 Trillion Drug
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Southern Copper Corp.
Q4 2023 Southern Copper Corp Earnings Call
Southern Copper Corporation
15 Countries with the Highest Exports to China
See More Headlines
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Company Calendar

Last Earnings
10/24/2023
Ex-Dividend for 2/29 Dividend
2/12/2024
Today
2/22/2024
Dividend Payable
2/29/2024
Next Earnings (Estimated)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
Diversified Metals & Mining
CUSIP
84265V10
Employees
15,018
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$64.50
High Stock Price Target
$91.00
Low Stock Price Target
$51.00
Potential Upside/Downside
-22.4%
Consensus Rating
Strong Sell
Rating Score (0-4)
1.33
Research Coverage
6 Analysts

Profitability

Net Income
$2.43 billion
Pretax Margin
43.53%

Debt

Sales & Book Value

Annual Sales
$9.90 billion
Cash Flow
$4.48 per share
Book Value
$10.54 per share

Miscellaneous

Free Float
772,492,000
Market Cap
$64.25 billion
Optionable
Optionable
Beta
1.29
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Key Executives

  • Mr. Oscar Gonzalez Rocha (Age 86)
    President, CEO & Director
    Comp: $1.22M
  • Mr. Raul Jacob Ruisanchez (Age 66)
    VP of Finance, Treasurer & CFO
    Comp: $385.09k
  • Ms. Lina A. Vingerhoets Vilca (Age 63)
    Comptroller
    Comp: $222.89k
  • Mr. Edgard Corrales Aguilar (Age 68)
    Vice President of Exploration
    Comp: $321.62k
  • Mr. Julian Jorge Lazalde Psihas (Age 56)
    Secretary
    Comp: $323.65k
  • Mr. Victor Pedraglio
    Manager of Financial Planning & Investor Relations
  • Mr. Andres Carlos Ferrero Ghislieri (Age 55)
    General Counsel

Should I Buy Southern Copper Stock? SCCO Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Southern Copper was last updated on Thursday, February 22, 2024 at 8:01 PM.














SCCO Stock Analysis - Frequently Asked Questions

Should I buy or sell Southern Copper stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Southern Copper in the last twelve months. There are currently 4 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "strong sell" SCCO shares.
View SCCO analyst ratings
or view top-rated stocks.

What is Southern Copper's stock price target for 2024?

6 brokers have issued 12 month price targets for Southern Copper's stock. Their SCCO share price targets range from $51.00 to $91.00. On average, they predict the company's share price to reach $64.50 in the next year. This suggests that the stock has a possible downside of 22.4%.
View analysts price targets for SCCO
or view top-rated stocks among Wall Street analysts.

How have SCCO shares performed in 2024?

Southern Copper's stock was trading at $86.07 at the beginning of 2024. Since then, SCCO stock has decreased by 3.4% and is now trading at $83.11.
View the best growth stocks for 2024 here
.

When is Southern Copper's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our SCCO earnings forecast
.

How were Southern Copper's earnings last quarter?

Southern Copper Co. (NYSE:SCCO) announced its quarterly earnings results on Tuesday, October, 24th. The basic materials company reported $0.80 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.08. The basic materials company had revenue of $2.51 billion for the quarter, compared to analyst estimates of $2.49 billion. Southern Copper had a net margin of 24.51% and a trailing twelve-month return on equity of 30.37%.

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

Southern Copper announced a quarterly dividend on Thursday, January 25th. Shareholders of record on Tuesday, February 13th will be given a dividend of $0.80 per share on Thursday, February 29th. This represents a $3.20 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date of this dividend is Monday, February 12th.
Read our dividend analysis for SCCO
.

Is Southern Copper a good dividend stock?

Southern Copper (NYSE:SCCO) pays an annual dividend of $3.20 per share and currently has a dividend yield of 3.89%. The dividend payout ratio is 101.91%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SCCO will have a dividend payout ratio of 73.56% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SCCO.

What other stocks do shareholders of Southern Copper own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Southern Copper investors own include Alibaba Group (BABA), NVIDIA (NVDA), B2Gold (BTG), Freeport-McMoRan (FCX), Applied Materials (AMAT), Intel (INTC), Newmont (NEM), Compañía de Minas Buenaventura S.A.A. (BVN), JPMorgan Chase & Co. (JPM) and General Electric (GE).

Who are Southern Copper's major shareholders?

Southern Copper's stock is owned by many different retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (0.85%), Fisher Asset Management LLC (0.43%), abrdn plc (0.39%), Mawer Investment Management Ltd. (0.29%), FIL Ltd (0.21%) and Legal & General Group Plc (0.14%). Insiders that own company stock include Andreve Vicente Ariztegui, Bonilla Luis Miguel Palomino, German Larrea Mota Velasco and Sanchez Mejorada Enri Castillo.
View institutional ownership trends
.

How do I buy shares of Southern Copper?

Shares of SCCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SCCO) was last updated on 2/23/2024 by MarketBeat.com Staff