Analysts Set Expectations for Ero Copper FY2026 Earnings

Ero Copper Corp. (NYSE:ERO) – Analysts at National Bank Financial upped their FY2026 EPS estimates for Ero Copper in a research note issued on Tuesday, April 15th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings per share of $2.67 for the year, up from their prior forecast of $2.39. The consensus estimate for Ero Copper’s current full-year earnings is $0.71 per share.

A number of other analysts have also commented on the stock. BMO Capital Markets assumed coverage on shares of Ero Copper in a research note on Wednesday. They set an “outperform” rating for the company. TD Securities upgraded shares of Ero Copper from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 12th. Desjardins assumed coverage on shares of Ero Copper in a research report on Friday, April 4th. They set a “hold” rating on the stock. TD Cowen upgraded Ero Copper from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th. Finally, Raymond James reiterated an “outperform” rating on shares of Ero Copper in a report on Friday, April 4th. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $26.33.

Ero Copper Price Performance

Shares of NYSE ERO opened at $10.93 on Thursday. Ero Copper has a twelve month low of $9.30 and a twelve month high of $24.34. The company has a current ratio of 0.68, a quick ratio of 0.45 and a debt-to-equity ratio of 0.71. The firm has a 50-day moving average of $12.28 and a two-hundred day moving average of $14.69. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 64.26 and a beta of 1.10.

Ero Copper (NYSE:ERO) last released its earnings results on Thursday, March 6th. The company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.04). Ero Copper had a return on equity of 11.30% and a net margin of 3.67%. The firm had revenue of $122.50 million during the quarter, compared to analyst estimates of $183.26 million.

Hedge Funds Weigh In On Ero Copper

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Invesco Ltd. boosted its position in shares of Ero Copper by 22.6% in the 4th quarter. Invesco Ltd. now owns 3,890,977 shares of the company’s stock worth $52,450,000 after purchasing an additional 715,999 shares during the last quarter. Bridgewater Associates LP grew its position in shares of Ero Copper by 400.2% during the 4th quarter. Bridgewater Associates LP now owns 818,269 shares of the company’s stock worth $11,026,000 after buying an additional 654,684 shares during the period. Boston Partners increased its stake in shares of Ero Copper by 66.9% in the 4th quarter. Boston Partners now owns 1,101,265 shares of the company’s stock valued at $14,850,000 after acquiring an additional 441,413 shares during the last quarter. 683 Capital Management LLC raised its position in shares of Ero Copper by 20.4% in the 4th quarter. 683 Capital Management LLC now owns 2,468,367 shares of the company’s stock valued at $33,272,000 after acquiring an additional 418,367 shares during the period. Finally, Renaissance Technologies LLC bought a new position in Ero Copper during the 4th quarter worth approximately $3,509,000. Institutional investors and hedge funds own 71.30% of the company’s stock.

Ero Copper Company Profile

Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company is involved in the production and sale of copper concentrate from the Caraíba operations located in the Curaçá Valley, northeastern Bahia state, Brazil, as well as gold and silver by-products.