Southern Copper Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southern Copper in the last twelve months. There are currently 5 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "sell" Southern Copper stock.
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Wall Street analysts have given Southern Copper a "Sell" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Southern Copper wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Southern Copper is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Southern Copper.

Southern Copper Co. (NYSE:SCCO) announced its quarterly earnings data on Saturday, May, 1st. The basic materials company reported $0.99 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.89 by $0.10. The basic materials company earned $2.53 billion during the quarter. Southern Copper had a trailing twelve-month return on equity of 18.67% and a net margin of 17.17%.
View Southern Copper's earnings history.

Southern Copper's stock was trading at $31.53 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SCCO stock has increased by 148.5% and is now trading at $78.35.
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Southern Copper announced a quarterly dividend on Friday, April 23rd. Shareholders of record on Tuesday, May 11th will be paid a dividend of $0.70 per share on Tuesday, May 25th. This represents a $2.80 annualized dividend and a dividend yield of 3.57%. The ex-dividend date of this dividend is Monday, May 10th. This is an increase from Southern Copper's previous quarterly dividend of $0.60.
View Southern Copper's dividend history.

Southern Copper pays an annual dividend of $2.80 per share and currently has a dividend yield of 3.67%. Southern Copper does not yet have a strock track record of dividend growth. The dividend payout ratio of Southern Copper is 145.83%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Southern Copper will have a dividend payout ratio of 106.87% in the coming year. This indicates that Southern Copper may not be able to sustain their current dividend.
View Southern Copper's dividend history.

7 analysts have issued 1 year target prices for Southern Copper's shares. Their forecasts range from $33.00 to $70.00. On average, they anticipate Southern Copper's share price to reach $49.93 in the next year. This suggests that the stock has a possible downside of 36.3%.
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Some companies that are related to Southern Copper include Freeport-McMoRan (FCX), Compass Minerals International (CMP), Materion (MTRN), U.S. Silica (SLCA), Ferroglobe (GSM), SunCoke Energy (SXC), United States Antimony (UAMY), General Moly (GMO) and (RVM) (RVM).
View all of SCCO's 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), 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).

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

Southern Copper's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (0.88%), Fisher Asset Management LLC (0.52%), FIL Ltd (0.50%), Price T Rowe Associates Inc. MD (0.48%), Arrowstreet Capital Limited Partnership (0.31%) and Acadian Asset Management LLC (0.30%). Company insiders that own Southern Copper stock include Bonilla Luis Miguel Palomino, German Larrea Mota Velasco, 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 Price T Rowe Associates Inc. MD, Goldman Sachs Group Inc., New York State Common Retirement Fund, Waddell & Reed Financial Inc., Fisher Asset Management LLC, Itau Unibanco Holding S.A., Arrowstreet Capital Limited Partnership, and Teacher Retirement System of Texas. Company insiders that have sold Southern Copper company stock in the last year include Bonilla Luis Miguel Palomino, and German Larrea Mota Velasco.
View insider buying and selling activity for Southern Copper or view top insider-selling stocks.

SCCO stock was acquired by a variety of institutional investors in the last quarter, including FIL Ltd, BlackRock Inc., Acadian Asset Management LLC, NFJ Investment Group LLC, Capital Growth Management LP, Mirae Asset Global Investments Co. Ltd., Telemark Asset Management LLC, and Neuberger Berman Group LLC.
View insider buying and selling activity for Southern Copper or or view top insider-buying stocks.

Shares of SCCO 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.
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One share of SCCO stock can currently be purchased for approximately $78.35.

Southern Copper has a market capitalization of $60.57 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 13,777 workers across the globe.

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

Southern Copper is headquartered at 1440 EAST MISSOURI AVENUE SUITE 160, PHOENIX AZ, 85014.

Southern Copper's mailing address is 1440 EAST 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]