Hudbay Minerals (HBM) Stock Price, News & Analysis

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hudbay Minerals in the last twelve months. There are currently 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HBM shares.
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8 analysts have issued 1-year price objectives for Hudbay Minerals' shares. Their HBM share price targets range from $8.00 to $10.50. On average, they predict the company's share price to reach $9.75 in the next year. This suggests a possible upside of 29.0% from the stock's current price.
View analysts price targets for HBM or view top-rated stocks among Wall Street analysts.

Hudbay Minerals' stock was trading at $5.52 at the beginning of 2024. Since then, HBM shares have increased by 37.0% and is now trading at $7.56.
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Hudbay Minerals saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 7,710,000 shares, a drop of 10.9% from the March 15th total of 8,650,000 shares. Based on an average trading volume of 2,170,000 shares, the short-interest ratio is currently 3.6 days.
View Hudbay Minerals' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our HBM earnings forecast.

Hudbay Minerals Inc. (NYSE:HBM) posted its quarterly earnings results on Friday, February, 23rd. The mining company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.06. The mining company earned $602.20 million during the quarter, compared to the consensus estimate of $552.74 million. Hudbay Minerals had a trailing twelve-month return on equity of 3.86% and a net margin of 3.95%. The company's quarterly revenue was up 87.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.01 EPS.

Hudbay Minerals declared a semi-annual dividend on Monday, February 26th. Stockholders of record on Tuesday, March 5th will be paid a dividend of $0.0074 per share on Friday, March 22nd. This represents a yield of 0.3%. The ex-dividend date is Monday, March 4th.
Read our dividend analysis for HBM.

Hudbay Minerals (NYSE:HBM) pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.19%. The dividend payout ratio is 5.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HBM will have a dividend payout ratio of 1.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HBM.

ETFs with the largest weight of Hudbay Minerals (NYSE:HBM) stock in their portfolio include Global X Copper Miners ETF (COPX) and iShares Copper and Metals Mining ETF (ICOP).Sprott Energy Transition Materials ETF (SETM).

14 employees have rated Hudbay Minerals Chief Executive Officer David Garofalo on Glassdoor.com. David Garofalo has an approval rating of 37% among the company's employees. This puts David Garofalo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hudbay Minerals investors own include Cellectar Biosciences (CLRB), Zynga (ZNGA), Quantum (QTM), Baytex Energy (BTE), Sherritt International (S), (CXRX) (CXRX), Bombardier (BDRBF), Bombardier, Inc. Class B (BBD.B) and Bonavista Energy Co. (BNP.TO) (BNP).

Hudbay Minerals' stock is owned by many different institutional and retail investors. Top institutional investors include Counterpoint Mutual Funds LLC (0.01%), Ballentine Partners LLC (0.00%), Banque Cantonale Vaudoise (0.00%) and Register Financial Advisors LLC (0.00%).

Shares of HBM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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