FY2026 EPS Forecast for Hudbay Minerals Lifted by Analyst

by · The Markets Daily

Hudbay Minerals Inc. (TSE:HBM – Free Report) (NYSE:HBM) – Investment analysts at Scotiabank upped their FY2026 EPS estimates for Hudbay Minerals in a research report issued to clients and investors 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 previous forecast of $2.18. Scotiabank currently has a “Sector Outperform” rating and a $43.00 price objective on the stock. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share.

HBM has been the topic of a number of other research reports. Raymond James Financial raised their target price on shares of Hudbay Minerals from C$42.00 to C$43.00 in a research report on Wednesday. Haywood Securities boosted their target price on Hudbay Minerals from C$43.00 to C$45.00 in a report on Wednesday. Canaccord Genuity Group lowered their price target on Hudbay Minerals from C$40.00 to C$39.50 and set a “buy” rating for the company in a report on Thursday, July 30th. BMO Capital Markets lowered their price objective on shares of Hudbay Minerals from C$46.00 to C$44.00 and set an “outperform” rating for the company in a research report on Thursday, July 30th. Finally, National Bank Financial dropped their target price on Hudbay Minerals from C$40.00 to C$38.50 and set a “sector perform” rating on the stock in a research report on Tuesday, July 14th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$42.03.

Check Out Our Latest Analysis on Hudbay Minerals

Hudbay Minerals Stock Up 4.1%

HBM opened at C$38.78 on Friday. Hudbay Minerals has a 52 week low of C$20.26 and a 52 week high of C$44.48. The firm has a market cap of C$17.22 billion, a P/E ratio of 23.82, a PEG ratio of 3.97 and a beta of 2.31. The business’s fifty day simple moving average is C$37.38 and its 200 day simple moving average is C$34.75. The company has a quick ratio of 0.85, a current ratio of 2.24 and a debt-to-equity ratio of 19.04.

Hudbay Minerals (TSE:HBM – Get Free Report) (NYSE:HBM) last issued its quarterly earnings data on Wednesday, July 29th. The mining company reported C$0.40 earnings per share for the quarter. The business had revenue of C$896.94 million during 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. Investors of record on Friday, September 25th were issued a $0.01 dividend. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a $0.04 annualized dividend and a dividend yield of 0.1%. Hudbay Minerals’s dividend payout ratio (DPR) is 1.32%.

About Hudbay Minerals

(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.

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