NYSE:SCCO Southern Copper (SCCO) Stock Forecast, Price & News $70.49 -0.45 (-0.63%) (As of 06/5/2023 ET) Add Compare Share Share Today's Range$69.35▼$71.3650-Day Range$65.03▼$81.8552-Week Range$42.42▼$82.05Volume809,853 shsAverage Volume1.33 million shsMarket Capitalization$54.50 billionP/E Ratio20.43Dividend Yield5.67%Price Target$62.29 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Southern Copper MarketRank™ ForecastAnalyst RatingHold1.63 Rating ScoreUpside/Downside11.6% Downside$62.29 Price TargetShort InterestBearish6.61% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-4.72Upright™ Environmental ScoreNews Sentiment0.98Based on 7 Articles This WeekInsider TradingSelling Shares$78,735 Sold Last QuarterProj. Earnings Growth11.58%From $4.06 to $4.53 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.1.43 out of 5 starsBasic Materials Sector153rd out of 166 stocksMetal Mining Industry18th out of 19 stocks 0.8 Analyst's Opinion Consensus RatingSouthern Copper has received a consensus rating of Hold. The company's average rating score is 1.63, and is based on 1 buy rating, 3 hold ratings, and 4 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $62.29, Southern Copper has a forecasted downside of 11.6% from its current price of $70.49.Amount of Analyst CoverageSouthern Copper has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.61% of the float of Southern Copper has been sold short.Short Interest Ratio / Days to CoverSouthern Copper has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in Southern Copper has recently increased by 17.54%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipSouthern Copper is a leading dividend payer. It pays a dividend yield of 5.64%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSouthern Copper has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Southern Copper is 115.94%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Southern Copper will have a dividend payout ratio of 88.30% in the coming year. This indicates that Southern Copper may not be able to sustain their current dividend. Previous Next 0.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSouthern Copper has received a -71.11% net impact score from Upright. The largest negative impact of Southern Copper in category "GHG emissions" seems to be driven mostly by its "Copper", "Copper smelting services", and "Molybdenum" products. See details.Environmental SustainabilityThe Environmental Impact score for Southern Copper is -4.72. Previous Next 2.8 News and Social Media Coverage News SentimentSouthern Copper has a news sentiment score of 0.98. 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 0.47 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Southern Copper this week, compared to 4 articles on an average week.Search InterestOnly 32 people have searched for SCCO on MarketBeat in the last 30 days. This is a decrease of -24% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Southern Copper to their MarketBeat watchlist in the last 30 days. This is a decrease of -44% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Southern Copper insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $78,735.00 in company stock.Percentage Held by InsidersOnly 0.08% of the stock of Southern Copper is held by insiders.Percentage Held by InstitutionsOnly 7.03% of the stock of Southern Copper is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Southern Copper are expected to grow by 11.58% in the coming year, from $4.06 to $4.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Southern Copper is 20.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.84.Price to Earnings Ratio vs. SectorThe P/E ratio of Southern Copper is 20.43, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 93.69.Price to Earnings Growth RatioSouthern Copper has a PEG Ratio of 14.57. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSouthern Copper has a P/B Ratio of 6.69. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Southern Copper (NYSE:SCCO) StockSouthern 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.Read More Receive SCCO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Southern Copper and its competitors with MarketBeat's FREE daily newsletter. Email Address SCCO Stock News HeadlinesJune 2, 2023 | msn.com2 stocks to buy in June for sustainable passive incomeMay 31, 2023 | finance.yahoo.comIs Southern Copper (NYSE:SCCO) Using Too Much Debt?June 6, 2023 | MarketBeat Internal (Ad)Your Ultimate Investment Research PlatformMarketBeat All-Access is the all-in-one stock research solution that saves you time and helps you make more money. You get our top stock picks, best-in-class research tools, proprietary research reports and much more. May 29, 2023 | seekingalpha.comSouthern Copper: The Copper Price Uncertainty Affects The Share PriceMay 27, 2023 | finance.yahoo.comSouthern Copper (NYSE:SCCO) Could Become A Multi-BaggerMay 25, 2023 | msn.comAfter Plunging -13.86% in 4 Weeks, Here's Why the Trend Might Reverse for Southern Copper (SCCO)May 25, 2023 | americanbankingnews.comSouthern Copper (NYSE:SCCO) Trading Down 3.3%May 23, 2023 | theglobeandmail.comSCCO Favors Sideways To Lower Before Rally ResumesJune 6, 2023 | MarketBeat Internal (Ad)Introducing MarketBeat All AccessGet real-time financial news and market data with MarketBeat All Access. Monitor your portfolio and the markets. Access our top stock picks, unbeatable research tools, best-in-class stock screeners, and proprietary research reports.May 23, 2023 | msn.comConsider Zijin Mining Instead Of Southern CopperMay 18, 2023 | finance.yahoo.comSouthern Copper Corporation's (NYSE:SCCO) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?May 14, 2023 | finance.yahoo.comIs Southern Copper Corporation (NYSE:SCCO) Worth US$69.5 Based On Its Intrinsic Value?May 12, 2023 | msn.comGoldman Sachs Downgrades Southern Copper (SCCO)May 12, 2023 | americanbankingnews.comSouthern Copper Co. (NYSE:SCCO) Receives $62.14 Consensus Price Target from BrokeragesMay 11, 2023 | msn.comUnusual Put Option Trade in Southern Copper (SCCO) Worth $170.00KMay 11, 2023 | 247wallst.comGoldman Sachs Downgrades Southern CopperMay 11, 2023 | americanbankingnews.comSouthern Copper Co. (NYSE:SCCO) Director Bonilla Luis Miguel Palomino Sells 500 SharesMay 11, 2023 | americanbankingnews.comSouthern Copper (NYSE:SCCO) Rating Lowered to Sell at The Goldman Sachs GroupMay 10, 2023 | za.investing.comSouthern Copper downgraded to Sell as the stock has run ahead of fundamentalsMay 10, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for Southern CopperMay 10, 2023 | msn.comSouthern Copper sinks after Goldman cuts to SellMay 10, 2023 | americanbankingnews.comSouthern Copper (NYSE:SCCO) Downgraded by StockNews.comMay 10, 2023 | americanbankingnews.comSouthern Copper Co. (NYSE:SCCO) Director Sells $39,485.00 in StockMay 7, 2023 | finance.yahoo.comSouthern Copper's (NYSE:SCCO) 39% CAGR outpaced the company's earnings growth over the same three-year periodMay 6, 2023 | americanbankingnews.comDeutsche Bank Aktiengesellschaft Increases Southern Copper (NYSE:SCCO) Price Target to $56.00May 5, 2023 | americanbankingnews.comSouthern Copper (NYSE:SCCO) Upgraded by StockNews.com to Strong-BuyMay 4, 2023 | americanbankingnews.comSouthern Copper (NYSE:SCCO) Upgraded at StockNews.comSee More Headlines SCCO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SCCO Company Calendar Last Earnings10/31/2021Ex-Dividend for 5/23 Dividend5/08/2023Dividend Payable5/23/2023Today6/05/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Metal mining Sub-IndustryDiversified Metals & Mining SectorBasic Materials Current SymbolNYSE:SCCO CUSIP84265V10 CIK1001838 Webwww.southerncoppercorp.com Phone(602) 264-1375Fax602-264-1397Employees15,018Year FoundedN/APrice Target and Rating Average Stock Price Forecast$62.29 High Stock Price Forecast$70.00 Low Stock Price Forecast$51.00 Forecasted Upside/Downside-11.6%Consensus RatingHold Rating Score (0-4)1.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$3.45 Trailing P/E Ratio20.43 Forward P/E Ratio17.36 P/E Growth14.57Net Income$2.64 billion Net Margins26.46% Pretax Margin41.20% Return on Equity33.71% Return on Assets15.50% Debt Debt-to-Equity Ratio0.76 Current Ratio4.17 Quick Ratio3.38 Sales & Book Value Annual Sales$10.05 billion Price / Sales5.42 Cash Flow$4.41 per share Price / Cash Flow15.97 Book Value$10.54 per share Price / Book6.69Miscellaneous Outstanding Shares773,100,000Free Float772,481,000Market Cap$54.48 billion OptionableOptionable Beta1.24 Key ExecutivesOscar González RochaPresident, Chief Executive Officer & DirectorRaúl Jacob RuisánchezChief Financial Officer, Treasurer & VP-FinanceEdgard Augusto Corrales AguilarVice President-ExplorationLina Aide Vingerhoets VilcaComptrollerCastro VacaGeneral AuditorKey CompetitorsFreeport-McMoRanNYSE:FCXValeNYSE:VALERio Tinto GroupNYSE:RIOBHP GroupNYSE:BHPEcolabNYSE:ECLView All CompetitorsInsiders & InstitutionsLevel Four Advisory Services LLCBought 3,882 shares on 6/5/2023Ownership: 0.001%Macquarie Group Ltd.Bought 32,618 shares on 6/1/2023Ownership: 0.009%Empower Advisory Group LLCBought 1,207,329 shares on 5/25/2023Ownership: 0.156%Toroso Investments LLCSold 6,312 shares on 5/23/2023Ownership: 0.010%Ameriprise Financial Inc.Bought 86,967 shares on 5/22/2023Ownership: 0.088%View All Insider TransactionsView All Institutional Transactions 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 year. 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 Wall Street analysts have issued 12 month price objectives for Southern Copper's stock. 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 year. This suggests that the stock has a possible downside of 11.6%. 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 on January 1st, 2023. Since then, SCCO stock has increased by 16.7% and is now trading at $70.47. View the best growth stocks for 2023 here. Are investors shorting Southern Copper? Southern Copper saw a increase in short interest in 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 trading volume, of 1,240,000 shares, the short-interest ratio is presently 4.5 days. Approximately 6.6% of the company's shares are sold short. 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 the consensus estimate 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. Shareholders of record on Tuesday, May 9th will be paid a dividend of $0.95 per share on Tuesday, May 23rd. This represents a $3.80 dividend on an annualized basis and a dividend yield of 5.39%. The ex-dividend date of this dividend is Monday, May 8th. Read our dividend analysis for SCCO. What ETFs hold Southern Copper's stock? ETFs with the largest weight of Southern Copper (NYSE:SCCO) stock in their portfolio include iShares MSCI Peru and Global Exposure ETF (EPU), Optica Rare Earths & Critical Materials ETF (CRIT), Global X Copper Miners ETF (COPX), Carbon Collective Climate Solutions U.S. Equity ETF (CCSO), Timothy Plan Market Neutral ETF (TPMN), Global X Disruptive Materials ETF (DMAT), Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH) and Pinnacle Focused Opportunities ETF (FCUS). 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 5.64%. 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 variety of retail and institutional 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 $70.47. How much money does Southern Copper make? Southern Copper (NYSE:SCCO) has a market capitalization of $54.48 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 6/6/2023 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 Southern Copper Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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