NYSE:SCCOSouthern Copper Stock Price, Forecast & News

Southern Copper's stock was trading at $31.53 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SCCO stock has increased by 23.5% and is now trading at $38.95. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southern Copper in the last year. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Southern Copper.

Southern Copper is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Southern Copper.

Southern Copper Corp (NYSE:SCCO) announced its quarterly earnings results on Monday, April, 27th. The basic materials company reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.39 by $0.11. The basic materials company earned $1.72 billion during the quarter, compared to analysts' expectations of $1.64 billion. Southern Copper had a net margin of 18.10% and a return on equity of 19.25%. View Southern Copper's earnings history.

Southern Copper declared a quarterly dividend on Monday, April 27th. Stockholders of record on Wednesday, May 13th will be given a dividend of $0.20 per share on Tuesday, May 26th. This represents a $0.80 annualized dividend and a yield of 2.05%. The ex-dividend date is Tuesday, May 12th. View Southern Copper's dividend history.

8 brokerages have issued 12-month target prices for Southern Copper's shares. Their forecasts range from $24.00 to $46.00. On average, they anticipate Southern Copper's share price to reach $34.86 in the next year. This suggests that the stock has a possible downside of 10.5%. View analysts' price targets for Southern Copper.

News stories about SCCO stock have been trending somewhat negative on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Southern Copper earned a news impact score of -1.1 on InfoTrie's scale. They also gave news articles about the basic materials company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutSouthern Copper.

Southern Copper saw a decrease in short interest in April. As of April 30th, there was short interest totaling 5,470,000 shares, a decrease of 5.9% from the April 15th total of 5,810,000 shares. Based on an average daily volume of 997,400 shares, the days-to-cover ratio is currently 5.5 days. Approximately 6.7% of the company's stock are sold short. View Southern Copper's Current Options Chain.

Some companies that are related to Southern Copper include Freeport-McMoRan (FCX), Compass Minerals International (CMP), Materion (MTRN), SunCoke Energy (SXC), U.S. Silica (SLCA), Ferroglobe (GSM), General Moly (GMO), United States Antimony (UAMY) and Revett Mining Company, Inc. (DE) (RVM). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Southern Copper investors own include Alibaba Group (BABA), NVIDIA (NVDA), B2Gold (BTG), Applied Materials (AMAT), Freeport-McMoRan (FCX), Intel (INTC), Compania de Minas Buenaventura SAA (BVN), General Electric (GE), Barrick Gold (GOLD) and Newmont Goldcorp (NEM).

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

Southern Copper's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (0.81%), State Street Corp (0.51%), Fisher Asset Management LLC (0.44%), Personal Capital Advisors Corp (0.16%), Parametric Portfolio Associates LLC (0.16%) and Morgan Stanley (0.15%). Company insiders that own Southern Copper stock include Perez Alfredo Casar and Sanchez Mejorada Enri Castillo. View institutional ownership trends for Southern Copper.

SCCO stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Invesco Ltd., Fisher Asset Management LLC, Alliancebernstein L.P., AQR Capital Management LLC, KBC Group NV, Russell Investments Group Ltd., and APG Asset Management N.V.. Company insiders that have sold Southern Copper company stock in the last year include Perez Alfredo Casar, and Sanchez Mejorada Enri Castillo. View insider buying and selling activity for Southern Copper.

SCCO stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Wellington Management Group LLP, RWC Asset Advisors US LLC, 1832 Asset Management L.P., Grantham Mayo Van Otterloo & Co. LLC, State Street Corp, and Wells Fargo & Company MN. View insider buying and selling activity for Southern Copper.

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

One share of SCCO stock can currently be purchased for approximately $38.95.

Southern Copper has a market capitalization of $30.11 billion and generates $7.29 billion in revenue each year. The basic materials company earns $1.49 billion in net income (profit) each year or $1.92 on an earnings per share basis. Southern Copper employs 14,301 workers across the globe.

The official website for Southern Copper is www.southerncoppercorp.com.

Southern Copper's mailing address is 1440 E. MISSOURI AVENUE SUITE 160, PHOENIX AZ, 85014. The basic materials company can be reached via phone at 602-264-1375 or via email at [email protected]