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DOW   33,061.57
QQQ   352.01
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NYSE:SCCO

Southern Copper (SCCO) Stock Forecast, Price & News

$68.69
+1.92 (+2.88%)
(As of 06/1/2023 ET)
Compare
Today's Range
$67.05
$69.26
50-Day Range
$65.03
$81.85
52-Week Range
$42.42
$82.05
Volume
1.24 million shs
Average Volume
1.26 million shs
Market Capitalization
$53.11 billion
P/E Ratio
19.91
Dividend Yield
5.82%
Price Target
$62.29

Southern Copper MarketRank™ Forecast

Analyst Rating
Hold
1.63 Rating Score
Upside/​Downside
9.3% Downside
$62.29 Price Target
Short Interest
Bearish
6.61% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.72
Upright™ Environmental Score
News Sentiment
0.66mentions of Southern Copper in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$78,735 Sold Last Quarter
Proj. Earnings Growth
11.58%
From $4.06 to $4.53 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.41 out of 5 stars

Basic Materials Sector

299th out of 320 stocks

Metal Mining Industry

37th out of 38 stocks


SCCO stock logo

About Southern Copper (NYSE:SCCO) Stock

Southern Copper Corp. engages in the development, production, and exploration of copper, molybdenum, zinc, and silver. It operates through the following segments: Peruvian Operations, Mexican Open-Pit Operations, and Mexican Underground Mining Operations. The Peruvian Operations segment focuses on the Toquepala and Cuajone mine complexes and the smelting and refining plants, industrial railroad, and port facilities that service both mines. The Mexican Open-Pit Operations segment comprises the La Caridad and Buenavista mine complexes, the smelting, and refining plants and support facilities, which service both mines. The Mexican Underground Mining Operations segment is involved in the operation of five underground mines, a coal mine, and several industrial processing facilities. The company was founded on December 12, 1952 and is headquartered in Phoenix, AZ.

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SCCO Stock News Headlines

Is Southern Copper (NYSE:SCCO) Using Too Much Debt?
The Real Problem With "Made in America" Lithium
Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.
Southern Copper (NYSE:SCCO) Trading Down 3.3%
SCCO Favors Sideways To Lower Before Rally Resumes
The Graphite Shortage Story You're Not Being Told
Graphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security.
Goldman Sachs Downgrades Southern Copper
The Latest Analyst Ratings for Southern Copper
Southern Copper (NYSE:SCCO) Downgraded by StockNews.com
Southern Copper (NYSE:SCCO) Upgraded at StockNews.com
See More Headlines

SCCO Price History

SCCO Company Calendar

Last Earnings
10/31/2021
Ex-Dividend for 5/23 Dividend
5/08/2023
Dividend Payable
5/23/2023
Today
6/02/2023
Next Earnings (Estimated)
7/25/2023
Fiscal Year End
12/31/2023

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 Forecast
$62.29
High Stock Price Forecast
$70.00
Low Stock Price Forecast
$51.00
Forecasted Upside/Downside
-9.3%
Consensus Rating
Hold
Rating Score (0-4)
1.63
Research Coverage
8 Analysts

Profitability

Net Income
$2.64 billion
Pretax Margin
41.20%

Debt

Sales & Book Value

Annual Sales
$10.05 billion
Cash Flow
$4.55 per share
Book Value
$10.59 per share

Miscellaneous

Free Float
772,481,000
Market Cap
$53.11 billion
Optionable
Optionable
Beta
1.23

Key Executives

  • Oscar González Rocha
    President, Chief Executive Officer & Director
  • Raúl Jacob Ruisánchez
    Chief Financial Officer, Treasurer & VP-Finance
  • Edgard Augusto Corrales Aguilar
    Vice President-Exploration
  • Lina Aide Vingerhoets Vilca
    Comptroller
  • Castro Vaca
    General Auditor













SCCO Stock - Frequently Asked Questions

Should I buy or sell Southern Copper stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Southern Copper in the last twelve months. There are currently 4 sell ratings, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SCCO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SCCO, but not buy additional shares or sell existing shares.
View SCCO analyst ratings
or view top-rated stocks.

What is Southern Copper's stock price forecast for 2023?

8 analysts have issued 1-year price objectives for Southern Copper's shares. Their SCCO share price forecasts range from $51.00 to $70.00. On average, they anticipate the company's share price to reach $62.29 in the next twelve months. This suggests that the stock has a possible downside of 9.3%.
View analysts price targets for SCCO
or view top-rated stocks among Wall Street analysts.

How have SCCO shares performed in 2023?

Southern Copper's stock was trading at $60.39 at the start of the year. Since then, SCCO shares have increased by 13.8% and is now trading at $68.6950.
View the best growth stocks for 2023 here
.

Are investors shorting Southern Copper?

Southern Copper saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 5,630,000 shares, an increase of 17.5% from the April 30th total of 4,790,000 shares. Based on an average daily volume of 1,240,000 shares, the days-to-cover ratio is currently 4.5 days. Approximately 6.6% of the shares of the company are short sold.
View Southern Copper's Short Interest
.

When is Southern Copper's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our SCCO earnings forecast
.

How were Southern Copper's earnings last quarter?

Southern Copper Co. (NYSE:SCCO) released its earnings results on Sunday, October, 31st. The basic materials company reported $1.12 earnings per share for the quarter, hitting analysts' consensus estimates of $1.12. The basic materials company had revenue of $2.68 billion for the quarter, compared to analysts' expectations of $2.67 billion. Southern Copper had a net margin of 26.46% and a trailing twelve-month return on equity of 33.71%.

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

Southern Copper announced a quarterly dividend on Thursday, April 20th. Investors of record on Tuesday, May 9th will be given a dividend of $0.95 per share on Tuesday, May 23rd. This represents a $3.80 annualized dividend and a yield of 5.53%. The ex-dividend date is Monday, May 8th.
Read our dividend analysis for SCCO
.

Is Southern Copper a good dividend stock?

Southern Copper (NYSE:SCCO) pays an annual dividend of $4.00 per share and currently has a dividend yield of 5.97%. SCCO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 115.94%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, SCCO will have a dividend payout ratio of 88.30% in the coming year. This indicates that the company may not be able to sustain their current 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).

What is Southern Copper's stock symbol?

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

Who are Southern Copper's major shareholders?

Southern Copper's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (1.01%), Fisher Asset Management LLC (0.43%), FIL Ltd (0.38%), Mawer Investment Management Ltd. (0.36%), abrdn plc (0.35%) and State Street Corp (0.34%). Insiders that own company stock include Andreve Vicente Ariztegui, Bonilla Luis Miguel Palomino and German Larrea Mota Velasco.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Southern Copper's stock price today?

One share of SCCO stock can currently be purchased for approximately $68.70.

How much money does Southern Copper make?

Southern Copper (NYSE:SCCO) has a market capitalization of $53.11 billion and generates $10.05 billion in revenue each year. The basic materials company earns $2.64 billion in net income (profit) each year or $3.45 on an earnings per share basis.

How many employees does Southern Copper have?

The company employs 15,018 workers across the globe.

How can I contact Southern Copper?

Southern Copper's mailing address is 1440 EAST MISSOURI AVENUE SUITE 160, PHOENIX AZ, 85014. The official website for the company is www.southerncoppercorp.com. The basic materials company can be reached via phone at (602) 264-1375, via email at southerncopper@southernperu.com, or via fax at 602-264-1397.

This page (NYSE:SCCO) was last updated on 6/2/2023 by MarketBeat.com Staff

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