Southern Copper Corporation Company Profile (NYSE:SCCO)

About Southern Copper Corporation (NYSE:SCCO)

Southern Copper Corporation logoSouthern 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: Specialty Mining & Metals - NEC
  • Sub-Industry: Diversified Metals & Mining
  • Symbol: NYSE:SCCO
  • CUSIP: 84265V10
  • Web:
  • Market Cap: $30.41818 billion
  • Outstanding Shares: 773,016,000
Average Prices:
  • 50 Day Moving Avg: $35.91
  • 200 Day Moving Avg: $35.97
  • 52 Week Range: $24.90 - $39.82
  • Trailing P/E Ratio: 33.92
  • Foreward P/E Ratio: 21.47
  • P/E Growth: 1.09
Sales & Book Value:
  • Annual Revenue: $5.72 billion
  • Price / Sales: 5.37
  • Book Value: $7.87 per share
  • Price / Book: 5.05
  • Annual Dividend: $0.48
  • Dividend Yield: 1.2%
  • EBIDTA: $2.46 billion
  • Net Margins: 15.84%
  • Return on Equity: 15.54%
  • Return on Assets: 6.89%
  • Debt-to-Equity Ratio: 0.97%
  • Current Ratio: 2.80%
  • Quick Ratio: 1.81%
  • Average Volume: 699,386 shs.
  • Beta: 0.53
  • Short Ratio: 9.78
Frequently Asked Questions for Southern Copper Corporation (NYSE:SCCO)

What is Southern Copper Corporation's stock symbol?

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

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

Southern Copper Corporation announced a quarterly dividend on Friday, July 21st. Investors of record on Wednesday, August 9th will be paid a dividend of $0.14 per share on Wednesday, August 23rd. This represents a $0.56 annualized dividend and a yield of 1.41%. The ex-dividend date is Monday, August 7th. This is a positive change from Southern Copper Corporation's previous quarterly dividend of $0.12. View Southern Copper Corporation's Dividend History.

How were Southern Copper Corporation's earnings last quarter?

Southern Copper Corporation (NYSE:SCCO) announced its quarterly earnings data on Monday, July, 25th. The company reported $0.29 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.26 by $0.03. The firm earned $1.34 billion during the quarter, compared to analysts' expectations of $1.34 billion. Southern Copper Corporation had a net margin of 15.84% and a return on equity of 15.54%. View Southern Copper Corporation's Earnings History.

Where is Southern Copper Corporation's stock going? Where will Southern Copper Corporation's stock price be in 2017?

7 equities research analysts have issued 12-month price objectives for Southern Copper Corporation's stock. Their forecasts range from $23.00 to $42.00. On average, they expect Southern Copper Corporation's stock price to reach $33.42 in the next year. View Analyst Ratings for Southern Copper Corporation.

What are analysts saying about Southern Copper Corporation stock?

Here are some recent quotes from research analysts about Southern Copper Corporation 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 are some of Southern Copper Corporation's key competitors?

Who are Southern Copper Corporation's key executives?

Southern Copper Corporation's management team includes the folowing people:

  • German Larrea Mota Velasco, Chairman of the Board
  • Oscar Gonzalez Rocha, President, Chief Executive Officer, Director
  • Raul Jacob Ruisanchez, Chief Financial Officer, Vice President - Finance, Treasurer
  • Daniel Muniz Quintanilla, Executive Vice President, Director
  • Edgard Corrales Aguilar, Vice President - Exploration
  • Andres Carlos Ferrero Ghislieri, General Counsel
  • Lina Vingerhoets Vilca, Comptroller
  • Rafael Fernando Lopez Abad, General Auditor
  • Julian Jorge Lazalde, Secretary
  • Alfredo Casar Perez, Director

Who owns Southern Copper Corporation stock?

Southern Copper Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include Manning & Napier Advisors LLC (0.23%), APG Asset Management N.V. (0.09%), Personal Capital Advisors Corp (0.08%), Denali Advisors LLC (0.07%), Bollard Group LLC (0.04%) and Gateway Investment Advisers LLC (0.03%). Company insiders that own Southern Copper Corporation stock include Bonilla Luis Miguel Palomino and German Larrea Mota Velasco. View Institutional Ownership Trends for Southern Copper Corporation.

Who sold Southern Copper Corporation stock? Who is selling Southern Copper Corporation stock?

Southern Copper Corporation's stock was sold by a variety of institutional investors in the last quarter, including Personal Capital Advisors Corp, Denali Advisors LLC, Bank of Montreal Can, Creative Planning, Russell Investments Group Ltd., Wright Investors Service Inc., NGAM Advisors L.P. and Capstone Asset Management Co.. View Insider Buying and Selling for Southern Copper Corporation.

Who bought Southern Copper Corporation stock? Who is buying Southern Copper Corporation stock?

Southern Copper Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Manning & Napier Advisors LLC, APG Asset Management N.V., Strs Ohio, KAMES CAPITAL plc, Shell Asset Management Co., Aperio Group LLC, Gateway Investment Advisers LLC and Sit Investment Associates Inc.. View Insider Buying and Selling for Southern Copper Corporation.

How do I buy Southern Copper Corporation stock?

Shares of Southern Copper Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Southern Copper Corporation's stock price today?

One share of Southern Copper Corporation stock can currently be purchased for approximately $39.72.

MarketBeat Community Rating for Southern Copper Corporation (NYSE SCCO)
Community Ranking:  1.8 out of 5 ()
Outperform Votes:  161 (Vote Outperform)
Underperform Votes:  285 (Vote Underperform)
Total Votes:  446
MarketBeat's community ratings are surveys of what our community members think about Southern Copper Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Southern Copper Corporation (NYSE:SCCO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Sell Ratings, 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.86)
Consensus Price Target: $33.42 (15.87% downside)

Analysts' Ratings History for Southern Copper Corporation (NYSE:SCCO)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/19/2017Cowen and CompanyReiterated RatingHold$39.00LowView Rating Details
6/16/2017FBR & CoLower Price TargetOutperform -> Outperform$43.00 -> $42.00LowView Rating Details
2/9/2017Barclays PLCDowngradeEqual Weight -> Underweight$32.00 -> $33.00N/AView Rating Details
2/5/2017Berenberg BankReiterated RatingSell$23.00N/AView Rating Details
12/13/2016Morgan StanleyDowngradeEqual Weight -> UnderweightN/AView Rating Details
12/7/2016Credit Suisse GroupUpgradeUnderperform -> Neutral$32.00N/AView Rating Details
8/26/2016HSBC Holdings plcUpgradeHold -> Buy$26.01 -> $31.50N/AView Rating Details
6/9/2016Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$27.00N/AView Rating Details
5/4/2016Citigroup Inc.DowngradeNeutral -> SellN/AView Rating Details
3/24/2016Bank of America CorporationUpgradeUnderperform -> NeutralN/AView Rating Details
3/23/2016Deutsche Bank AGBoost Price Target$25.00 -> $25.50N/AView Rating Details
3/23/2016BMO Capital MarketsDowngradeOutperform -> Market Perform$30.00N/AView Rating Details
2/17/2016J P Morgan Chase & CoDowngradeOverweight -> Neutral$29.00 -> $28.00N/AView Rating Details
12/8/2015SantanderDowngradeBuy -> Hold$30.00N/AView Rating Details
9/29/2015ScotiabankDowngradeSector Perform$39.00 -> $35.00N/AView Rating Details
9/29/2015Howard WeilLower Price TargetOutperform -> Sector Perform$39.00 -> $35.00N/AView Rating Details
(Data available from 7/27/2015 forward)


Earnings History for Southern Copper Corporation (NYSE:SCCO)
Earnings by Quarter for Southern Copper Corporation (NYSE:SCCO)
Earnings History by Quarter for Southern Copper Corporation (NYSE SCCO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/25/2016Q2$0.26$0.29$1.34 billion$1.34 billionViewN/AView Earnings Details
2/10/2016Q4$0.19$0.08ViewN/AView Earnings Details
10/27/2015Q3$0.23$0.12$1.28 billion$1.13 billionViewN/AView Earnings Details
7/27/2015Q2$0.36$0.37ViewN/AView Earnings Details
4/24/2015Q1$0.29$0.35$1.33 billion$1.27 billionViewN/AView Earnings Details
2/4/2015$0.38$0.46$1.48 billion$1.47 billionViewN/AView Earnings Details
11/11/2014$0.45$0.39ViewN/AView Earnings Details
10/28/2014$0.45$0.39$1.53 billion$1.48 billionViewN/AView Earnings Details
8/15/2014$0.44$0.40$1.40 billion$1.49 billionViewN/AView Earnings Details
7/29/2014$0.41$0.40ViewN/AView Earnings Details
5/20/2014$0.44$0.39ViewN/AView Earnings Details
5/1/2014$0.42$0.39$1.35 billion$1.35 billionViewN/AView Earnings Details
1/31/2013Q4 2012$0.62$0.63$1.65 billion$1.65 billionViewN/AView Earnings Details
7/31/2012$0.61$0.66ViewN/AView Earnings Details
2/9/2012$0.68$0.64ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Southern Copper Corporation (NYSE:SCCO)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.55$0.55$0.55
Q2 20171$0.56$0.56$0.56
Q3 20171$0.61$0.61$0.61
(Data provided by Zacks Investment Research)


Current Dividend Information for Southern Copper Corporation (NYSE:SCCO)
Next Dividend:8/23/2017
Annual Dividend:$0.48
Dividend Yield:1.21%
Dividend Growth:-35.80% (3 Year Average)
Payout Ratio:40.68% (Trailing 12 Months of Earnings)
29.63% (Based on This Year's Estimates)
25.95% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Southern Copper Corporation (NYSE:SCCO)

Dividend History by Quarter for Southern Copper Corporation (NYSE SCCO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Southern Copper Corporation (NYSE:SCCO)
Insider Ownership Percentage: 0.53%
Institutional Ownership Percentage: 6.31%
Insider Trades by Quarter for Southern Copper Corporation (NYSE:SCCO)
Institutional Ownership by Quarter for Southern Copper Corporation (NYSE:SCCO)
Insider Trades by Quarter for Southern Copper Corporation (NYSE:SCCO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/1/2016Bonilla Luis Miguel PalominoDirectorSell600$33.15$19,890.00View SEC Filing  
11/20/2015German Larrea Mota VelascoChairmanBuy334,000$27.14$9,064,760.00View SEC Filing  
11/19/2015German Larrea Mota VelascoChairmanBuy54,000$26.86$1,450,440.00View SEC Filing  
11/18/2015German Larrea Mota VelascoChairmanBuy112,000$26.17$2,931,040.00View SEC Filing  
11/11/2015German Larrea Mota VelascoChairmanBuy30,000$26.64$799,200.00View SEC Filing  
11/10/2015German Larrea Mota VelascoChairmanBuy90,000$26.79$2,411,100.00View SEC Filing  
9/29/2015German Larrea Mota VelascoChairmanBuy122,600$25.87$3,171,662.00View SEC Filing  
9/28/2015German Larrea Mota VelascoChairmanBuy27,400$25.75$705,550.00View SEC Filing  
8/26/2015German Larrea Mota VelascoChairmanBuy50,000$24.10$1,205,000.00View SEC Filing  
8/24/2015German Larrea Mota VelascoChairmanBuy250,000$25.07$6,267,500.00View SEC Filing  
10/31/2014German Larrea Mota VelascoChairmanBuy200,000$28.29$5,658,000.00View SEC Filing  
10/30/2014German Larrea Mota VelascoChairmanBuy350,000$28.51$9,978,500.00View SEC Filing  
9/10/2014German Larrea Mota VelascoChairmanBuy50,000$31.53$1,576,500.00View SEC Filing  
9/9/2014German Larrea Mota VelascoChairmanBuy100,000$31.89$3,189,000.00View SEC Filing  
9/2/2014German Larrea Mota VelascoChairmanBuy50,000$32.56$1,628,000.00View SEC Filing  
8/28/2014German Larrea Mota VelascoChairmanBuy155,000$32.46$5,031,300.00View SEC Filing  
8/26/2014German Larrea Mota VelascoChairmanBuy45,000$32.49$1,462,050.00View SEC Filing  
8/21/2014German Larrea Mota VelascoChairmanBuy100,000$31.36$3,136,000.00View SEC Filing  
7/8/2014Morales Luis CastelazoDirectorSell1,000$33.80$33,800.00View SEC Filing  
3/20/2014German Larrea Mota VelascoChairmanBuy2,593$27.12$70,322.16View SEC Filing  
5/7/2013Bonilla Luis Miguel PalominoDirectorSell1,200$33.10$39,720.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Southern Copper Corporation (NYSE:SCCO)
Latest Headlines for Southern Copper Corporation (NYSE:SCCO)
DateHeadline logoSouthern Copper Corporation (SCCO) to Issue Quarterly Dividend of $0.14 - July 21 at 4:29 PM logoSouthern Copper Corporation's (SCCO) Hold Rating Reaffirmed at Cowen and Company - July 19 at 5:01 PM logoMining and metals stocks rally on higher copper, gold prices; Freeport McMoRan up 3.5% to lead S&P 500 - MarketWatch - July 18 at 7:54 AM logoStrong earthquake strikes off Peru, no damage seen - July 18 at 7:54 AM logoSouthern Copper Corporation (NYSE:SCCO) to Release Earnings on Monday - July 17 at 8:58 AM logoSouthern Copper Corporation (SCCO) Receives Average Rating of "Hold" from Analysts - July 14 at 10:52 PM logoSouthern Copper Corporation (SCCO) & U.S. Silica Holdings (SLCA) Critical Review - July 14 at 8:36 AM logoHow Are Analysts Rating Southern Copper in 2Q17? - June 28 at 8:24 AM logoSouthern Copper Corp. breached its 50 day moving average in a Bullish Manner : SCCO-US : June 26, 2017 - June 27 at 7:47 PM logoETFs with exposure to Southern Copper Corp. : June 22, 2017 - June 23 at 9:50 AM logoSouthern Copper Corp. :SCCO-US: Earnings Analysis: Q1, 2017 By the Numbers : June 20, 2017 - June 21 at 4:58 AM logoSouthern Copper Corporation (SCCO) Receives Consensus Rating of "Hold" from Analysts - June 19 at 10:48 PM logoWhy Are Analysts Bullish on Freeport and Southern Copper? - June 19 at 9:50 AM logoSouthern Copper Corporation (SCCO) Price Target Cut to $42.00 by Analysts at FBR & Co - June 17 at 11:08 AM logoMid-Year Review: What Could Drive Copper Miners in 2H17 - June 16 at 3:59 PM logoNoteworthy Wednesday Option Activity: STRP, ALXN, SCCO - Nasdaq - June 15 at 12:24 AM logoSouthern Copper Corp (SCCO) and Freeport-McMoRan (FCX) Head-To-Head Comparison - June 11 at 6:30 PM logoSand In My Shoes, A Dividend Growth Story - May Update - June 5 at 3:32 PM logoTop 5 Copper Stocks for 2017 - May 30 at 9:21 AM logoWhy Freeport and Teck Resources Reported Lower Profits in 1Q17 - May 24 at 9:35 AM logoHow Are Freeport’s Cash Flows Looking amid the Current Turmoil? - May 24 at 9:35 AM logoSouthern Copper Corp (SCCO) Given Consensus Recommendation of "Hold" by Analysts - May 23 at 8:23 PM logoCopper’s Outlook: Understanding the 2017 Deficit Story - May 23 at 9:28 AM logoHow to Read the Projected Copper Deficit Theme - May 23 at 9:28 AM logoSouthern Copper Corp. : SCCO-US: Dividend Analysis : May 17th, 2017 (record date) : By the numbers : May 19, 2017 - May 19 at 12:38 PM logoEx-Dividend Reminder: Tahoe Resources, Southern Copper and Viper Energy Partners - Nasdaq - May 12 at 3:22 PM logoSouthern Copper Corporation (SCCO) Ex-Dividend Date Scheduled for May 15, 2017 - Nasdaq - May 12 at 3:22 PM logoSouthern Copper Corp (SCCO) Plans $0.12 Dividend - May 10 at 3:24 PM logoEdited Transcript of SCCO earnings conference call or presentation 4-May-17 3:00pm GMT - May 6 at 7:29 PM logoSouthern Copper profit jumps 70% on higher metals prices - May 5 at 8:02 PM logoShares of SCCO Now Oversold - Nasdaq - May 4 at 8:00 PM logoToday's Research Reports on Freeport-McMoRan and Southern Copper as Copper Prices Slide on Demand Concerns - May 4 at 9:16 AM logoSouthern Copper Corp (SCCO) Earns News Impact Score of 0.31 - May 3 at 10:52 PM logoSouthern Copper profit rises 70 percent - May 3 at 7:12 PM logoSouthern Copper Corp (SCCO) Getting Positive Press Coverage, Study Shows - April 30 at 5:45 PM logoSouthern Copper Corp (SCCO) Scheduled to Post Quarterly Earnings on Monday - April 29 at 7:24 AM logoSouthern Copper Corp (SCCO) Receives Average Recommendation of "Hold" from Brokerages - April 29 at 1:14 AM logoMining Stocks to Watch for Q1 Earnings on May 1: SCCO, HCLP - April 28 at 3:55 PM logoShould You Sell Southern Copper (SCCO) Before Earnings? - April 27 at 8:08 PM logoSouthern Copper Corp (SCCO) Earns News Sentiment Score of -0.12 - April 23 at 11:00 AM logoThe Commodities Conundrum: Why the Cycle May Be Turning - April 19 at 9:24 AM logoSouthern Copper Corp (SCCO) Receives Media Impact Score of 0.31 - April 18 at 8:31 PM logoSouthern Copper Corp (SCCO) Earns Hold Rating from Cowen and Company - April 17 at 9:52 AM logoSouthern Copper Corp (SCCO) Receiving Somewhat Favorable Media Coverage, Report Finds - April 14 at 10:22 PM logoSouthern Copper Corp's (SCCO) "Hold" Rating Reiterated at Cowen and Company - April 14 at 3:34 PM logoCopper Prices Could Rise As Another Major Copper Mine Goes On Strike - April 14 at 11:58 AM logoMexico Generadora de Energia S. de R.L. -- Moody's Affirms Mexico Generadora's Baa2 Rating; Outlook Changed to Stable - April 11 at 7:29 PM logoSouthern Copper says Peru operations normal, refuting strikers' claims - April 10 at 7:13 PM logoStrike affects up to 80 pct of Southern Copper's output in Peru - union - April 10 at 7:13 PM logoSouthern Copper says Peru operations normal despite strike - April 10 at 7:13 PM



Southern Copper Corporation (SCCO) Chart for Thursday, July, 27, 2017

This page was last updated on 7/27/2017 by Staff