NYSE:SCCOSouthern Copper Stock Price, Forecast & News

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 shares have increased by 15.1% and is now trading at $36.30. 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) posted its earnings results on Monday, April, 27th. The basic materials company reported $0.28 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate 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 return on equity of 19.25% and a net margin of 18.10%. View Southern Copper's earnings history.

Southern Copper declared a quarterly dividend on Monday, April 27th. Shareholders of record on Wednesday, May 13th will be paid a dividend of $0.20 per share on Tuesday, May 26th. This represents a $0.80 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date is Tuesday, May 12th. View Southern Copper's dividend history.

8 analysts have issued 12 month price targets for Southern Copper's shares. Their forecasts range from $24.00 to $46.00. On average, they expect Southern Copper's share price to reach $34.86 in the next twelve months. This suggests that the stock has a possible downside of 4.0%. View analysts' price targets for Southern Copper.

News stories about SCCO stock have trended negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Southern Copper earned a media sentiment score of -2.0 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutSouthern Copper.

Southern Copper saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 5,470,000 shares, a decline of 5.9% from the April 15th total of 5,810,000 shares. Based on an average daily trading volume, of 997,400 shares, the days-to-cover ratio is currently 5.5 days. Approximately 6.7% of the shares of the company 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 a number of institutional and retail investors. Top institutional shareholders 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, Quintanilla Daniel Muniz 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 bought 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 $36.30.

Southern Copper has a market capitalization of $28.06 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]