FY2026 EPS Estimate for Hudbay Minerals Raised by Analyst

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Analysts at Scotiabank increased their FY2026 earnings per share (EPS) estimates for Hudbay Minerals in a report released on Thursday, October 1st. Scotiabank analyst O. Wowkodaw now forecasts that the mining company will earn $2.20 per share for the year, up from their prior forecast of $2.18. Scotiabank has a “Sector Outperform” rating and a $43.00 price target on the stock. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share.

A number of other brokerages have also recently issued reports on HBM. BMO Capital Markets dropped their target price on shares of Hudbay Minerals from C$46.00 to C$44.00 and set an “outperform” rating for the company in a report on Thursday, July 30th. ATB Cormark Capital Markets dropped their price objective on Hudbay Minerals from C$35.50 to C$35.00 and set an “outperform” rating for the company in a research note on Thursday, July 30th. Barclays boosted their target price on Hudbay Minerals from C$41.00 to C$45.00 in a research report on Thursday, July 16th. Raymond James Financial upped their target price on Hudbay Minerals from C$42.00 to C$43.00 in a report on Wednesday. Finally, Stifel Nicolaus lifted their price target on Hudbay Minerals from C$41.00 to C$43.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Hudbay Minerals presently has an average rating of “Buy” and a consensus price target of C$42.03.

Hudbay Minerals Stock Down 2.1%

HBM stock opened at C$37.26 on Friday. The company has a market cap of C$16.55 billion, a P/E ratio of 22.89, a P/E/G ratio of 3.97 and a beta of 2.31. Hudbay Minerals has a 52 week low of C$20.26 and a 52 week high of C$44.48. The company’s 50-day moving average price is C$37.23 and its 200 day moving average price is C$34.72. The company has a current ratio of 2.24, a quick ratio of 0.85 and a debt-to-equity ratio of 19.04.

Hudbay Minerals (TSE:HBM) (NYSE:HBM) last issued its earnings results on Wednesday, July 29th. The mining company reported C$0.40 EPS for the quarter. The company had revenue of C$896.94 million for the quarter. Hudbay Minerals had a net margin of 27.22% and a return on equity of 18.41%.

Hudbay Minerals Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 25th were issued 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 of this dividend was Tuesday, September 8th. Hudbay Minerals’s payout ratio is 1.32%.

About Hudbay Minerals

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.