FY2027 EPS Estimates for Hudbay Minerals Lifted by Analyst

Hudbay Minerals Inc. (TSE:HBMFree Report) (NYSE:HBM) – Research analysts at Scotiabank increased their FY2027 earnings per share estimates for shares of Hudbay Minerals in a report released on Wednesday, June 24th. Scotiabank analyst O. Wowkodaw now anticipates that the mining company will post earnings per share of $2.65 for the year, up from their prior forecast of $2.34. Scotiabank currently has a “Sector Outperform” rating and a $44.00 target price on the stock. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share. Scotiabank also issued estimates for Hudbay Minerals’ FY2030 earnings at $3.47 EPS.

Hudbay Minerals (TSE:HBMGet Free Report) (NYSE:HBM) last posted its earnings results on Friday, May 1st. The mining company reported C$0.56 earnings per share for the quarter. Hudbay Minerals had a return on equity of 20.70% and a net margin of 27.86%.The company had revenue of C$1.05 billion for the quarter.

Other equities analysts also recently issued research reports about the stock. Canaccord Genuity Group dropped their price objective on shares of Hudbay Minerals from C$41.00 to C$40.00 in a report on Monday, May 4th. Barclays set a C$41.00 price target on shares of Hudbay Minerals and gave the stock an “overweight” rating in a research note on Friday, May 22nd. Desjardins set a C$40.00 price objective on Hudbay Minerals and gave the stock a “buy” rating in a research note on Thursday, March 5th. BMO Capital Markets raised their target price on Hudbay Minerals from C$33.00 to C$39.00 in a report on Wednesday, April 22nd. Finally, Royal Bank Of Canada boosted their price target on Hudbay Minerals from C$28.00 to C$40.00 in a report on Thursday, March 12th. Three research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of C$39.75.

Check Out Our Latest Analysis on Hudbay Minerals

Hudbay Minerals Trading Up 1.8%

Hudbay Minerals stock opened at C$33.65 on Tuesday. The business has a 50-day simple moving average of C$35.91 and a two-hundred day simple moving average of C$32.79. The company has a market cap of C$15.07 billion, a P/E ratio of 20.15, a P/E/G ratio of 3.97 and a beta of 2.24. Hudbay Minerals has a 52-week low of C$12.35 and a 52-week high of C$44.48. The company has a quick ratio of 0.85, a current ratio of 1.36 and a debt-to-equity ratio of 30.14.

Hudbay Minerals Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 26th were given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Tuesday, June 9th. Hudbay Minerals’s dividend payout ratio is presently 0.87%.

Key Hudbay Minerals News

Here are the key news stories impacting Hudbay Minerals this week:

  • Positive Sentiment: Scotiabank boosted its FY2027 EPS estimate for Hudbay Minerals to $2.65 from $2.34 and lifted its FY2030 estimate to $3.47 from $1.41, reinforcing a bullish view on the company’s longer-term profit potential. Q3 EPS Estimates for Hudbay Minerals Increased by Scotiabank
  • Neutral Sentiment: National Bank Financial reiterated or published multiple quarterly and annual EPS estimates for Hudbay Minerals, including $2.23 for FY2026 and FY2027 and a range of near-term quarterly estimates around $0.54-$0.57. These updates mostly add visibility rather than changing the story materially.
  • Neutral Sentiment: The new estimates suggest analysts expect steady earnings through 2026-2027, with some moderation in FY2028 before reacceleration later, which may support valuation expectations but does not appear to be a major near-term catalyst on its own.

Hudbay Minerals Company Profile

(Get Free Report)

Hudbay (TSX, NYSE: HBM) is a copper-focused critical minerals mining company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining jurisdictions of Canada, Peru and the United States. Hudbay’s operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the Company, which is complemented by meaningful gold production and by-product zinc, silver and molybdenum.

See Also

Earnings History and Estimates for Hudbay Minerals (TSE:HBM)

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