NYSE:SCCO

Southern Copper Stock Forecast, Price & News

Lowest-Rated Stocks

$70.47

+0.20 (+0.28 %)

(As of 01/21/2021 01:38 PM ET)

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Today's Range

$69.75

Now: $70.47▼

$70.52

50-Day Range

$59.17

MA: $64.94▼

$71.81

52-Week Range

$23.43

Now: $70.47▼

$72.00

Volume14,464 shs

Average Volume938,810 shs

Market Capitalization$54.48 billion

P/E Ratio42.20

Dividend Yield2.82%

Beta1.16

Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc and lead. It operates the Toquepala and Cuajone open-pit mines, and a smelter and refinery in Peru; and La Caridad, an open-pit copper mine, as well as a copper ore concentrator, a SX-EW plant, a smelter, refinery, and a rod plant in Mexico. The company also operates Buenavista, an open-pit copper mine, as well as two copper concentrators and three SX-EW plants in Mexico. In addition, it operates five underground mines that produce zinc, lead, copper, silver, and gold; a coal mine that produces coal and coke; and a zinc refinery. The company has interests in 37,622 hectares of exploration concessions in Peru; 147,974 hectares of exploration concessions in Mexico; 63,453 hectares of exploration concessions in Argentina; 42,615 hectares of exploration concessions in Chile; and 7,298 hectares of exploration concessions in Ecuador. Southern Copper Corporation was founded in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation is a subsidiary of Americas Mining Corporation.

MarketRank^™

Overall MarketRank^™

1.09 out of 5 stars

Basic Materials Sector

288th out of 813 stocks

Metal Mining Industry

29th out of 89 stocks

0.6 Analyst's Opinion

Consensus Rating
Southern Copper has received a consensus rating of Sell. The company's average rating score is 1.25, and is based on no buy ratings, 2 hold ratings, and 6 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $42.64, Southern Copper has a forecasted downside of 39.5% from its current price of $70.44.
Amount of Analyst Coverage
Southern Copper has only been the subject of 3 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Southern Copper has received 371 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Southern Copper has received 517 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Southern Copper has received 58.22% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Southern Copper and other stocks. Vote “Outperform” if you believe SCCO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SCCO will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
Southern Copper pays a meaningful dividend of 2.82%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Southern Copper does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Southern Copper is 104.17%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Southern Copper will have a dividend payout ratio of 76.34% in the coming year. This indicates that Southern Copper may not be able to sustain their current dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In 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 $63,610,764.00 in company stock.
Percentage Held by Insiders
Only 0.46% of the stock of Southern Copper is held by insiders.
Percentage Held by Institutions
Only 6.93% of the stock of Southern Copper is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Southern Copper are expected to grow by 35.05% in the coming year, from $1.94 to $2.62 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Southern Copper is 42.18, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of Southern Copper is 42.18, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 24.37.
Price to Earnings Growth Ratio
Southern Copper has a PEG Ratio of 2.03. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Southern Copper has a P/B Ratio of 7.94. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Metal mining

Sub-IndustryDiversified Metals & Mining

SectorBasic Materials

Current SymbolNYSE:SCCO

Previous Symbol

CUSIP84265V10

CIK1001838

Webwww.southerncoppercorp.com

Phone602-264-1375

Employees14,301

Debt

Debt-to-Equity Ratio0.93

Current Ratio3.73

Quick Ratio2.89

Price-To-Earnings

Trailing P/E Ratio42.20

Forward P/E Ratio36.32

P/E Growth2.03

Sales & Book Value

Annual Sales$7.29 billion

Price / Sales7.48

Cash Flow$2.92 per share

Price / Cash Flow24.13

Book Value$8.87 per share

Price / Book7.94

Profitability

EPS (Most Recent Fiscal Year)$1.92

Net Income$1.49 billion

Net Margins17.17%

Return on Equity18.67%

Return on Assets7.95%

Miscellaneous

Outstanding Shares773,073,000

Market Cap$54.48 billion

Next Earnings Date2/23/2021 (Estimated)

OptionableOptionable

$70.47

+0.20 (+0.28 %)

(As of 01/21/2021 01:38 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Southern Copper (NYSE:SCCO) Frequently Asked Questions

How has Southern Copper's stock price been impacted by COVID-19?

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 shares have increased by 123.5% and is now trading at $70.47.
View which stocks have been most impacted by COVID-19.

Is Southern Copper a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Southern Copper in the last year. There are currently 6 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "sell" Southern Copper stock.
View analyst ratings for Southern Copper or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Southern Copper?

Wall Street analysts have given Southern Copper a "Sell" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Southern Copper wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Greg D. Wight's approval rating as Southern Copper's CEO?

6 employees have rated Southern Copper CEO Greg D. Wight on Glassdoor.com. Greg D. Wight has an approval rating of 100% among Southern Copper's employees. This puts Greg D. Wight in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is Southern Copper's next earnings date?

Southern Copper is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Southern Copper.

How were Southern Copper's earnings last quarter?

Southern Copper Co. (NYSE:SCCO) announced its quarterly earnings results on Monday, October, 26th. The basic materials company reported $0.65 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.57 by $0.08. The basic materials company had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $1.98 billion. Southern Copper had a return on equity of 18.67% and a net margin of 17.17%.
View Southern Copper's earnings history.

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

Southern Copper declared a quarterly dividend on Thursday, October 22nd. Investors of record on Wednesday, November 11th will be given a dividend of $0.50 per share on Tuesday, November 24th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date of this dividend is Monday, November 9th. This is an increase from Southern Copper's previous quarterly dividend of $0.40.
View Southern Copper's dividend history.

Is Southern Copper a good dividend stock?

Southern Copper pays an annual dividend of $2.00 per share and currently has a dividend yield of 2.82%. The dividend payout ratio of Southern Copper is 104.17%. 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 76.34% in the coming year. This indicates that Southern Copper may not be able to sustain their current dividend.
View Southern Copper's dividend history.

What price target have analysts set for SCCO?

8 analysts have issued 1 year price targets for Southern Copper's shares. Their forecasts range from $24.00 to $60.00. On average, they expect Southern Copper's stock price to reach $42.64 in the next year. This suggests that the stock has a possible downside of 39.5%.
View analysts' price targets for Southern Copper or view Wall Street analyst' top-rated stocks.

Who are some of Southern Copper's key competitors?

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

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).

Who are Southern Copper's key executives?

Southern Copper's management team includes the following people:

Mr. Oscar GonzÃ¡lez Rocha, Pres, CEO & Director (Age 82, Pay $1.64M)
Mr. Raul Jacob Ruisanchez, VP of Fin., Treasurer & CFO (Age 62, Pay $343.32k)
Ms. Lina A. Vingerhoets Vilca, Comptroller & Principal Accounting Officer (Age 59, Pay $212.1k)
Mr. Edgard Corrales Aguilar, VP of Exploration (Age 64, Pay $334.02k)
Mr. JuliÃ¡n Jorge Lazalde Psihas, Sec. (Age 52, Pay $303.2k)
Mr. Victor Pedraglio, Mang. of Financial Planning & Investor Relations
Mr. Andres Carlos Ferrero Ghislieri, Gen. Counsel & Assistant Sec. (Age 51)

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 shareholders include Gateway Investment Advisers LLC (0.02%), Denali Advisors LLC (0.01%), United Capital Management of KS Inc. (0.01%), Hexavest Inc. (0.00%), Kestra Advisory Services LLC (0.00%) and Crossmark Global Holdings Inc. (0.00%). 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.

Which major investors are selling Southern Copper stock?

SCCO stock was sold by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, Denali Advisors LLC, and Hexavest Inc.. Company insiders that have sold Southern Copper company stock in the last year include Bonilla Luis Miguel Palomino, German Larrea Mota Velasco, and Perez Alfredo Casar.
View insider buying and selling activity for Southern Copper or view top insider-selling stocks.

Which major investors are buying Southern Copper stock?

SCCO stock was acquired by a variety of institutional investors in the last quarter, including Kestra Advisory Services LLC, JustInvest LLC, Aurora Private Wealth Inc., Redpoint Investment Management Pty Ltd, United Capital Management of KS Inc., Carroll Financial Associates Inc., and Crossmark Global Holdings Inc..
View insider buying and selling activity for Southern Copper or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Southern Copper's stock price today?

One share of SCCO stock can currently be purchased for approximately $70.47.

How big of a company is Southern Copper?

Southern Copper has a market capitalization of $54.48 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.

What is Southern Copper's official website?

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

How can I contact Southern Copper?

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]

This page was last updated on 1/21/2021 by MarketBeat.com Staff

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