Raymond James Forecasts Weaker Earnings for Hudbay Minerals

Hudbay Minerals Inc. (NYSE:HBM) (TSE:HBM) – Equities researchers at Raymond James cut their Q2 2025 earnings estimates for Hudbay Minerals in a report released on Tuesday, April 15th. Raymond James analyst F. Hamed now expects that the mining company will earn $0.20 per share for the quarter, down from their previous forecast of $0.24. The consensus estimate for Hudbay Minerals’ current full-year earnings is $0.79 per share. Raymond James also issued estimates for Hudbay Minerals’ Q3 2025 earnings at $0.22 EPS, Q4 2025 earnings at $0.16 EPS and FY2025 earnings at $0.64 EPS.

A number of other equities analysts have also recently issued reports on the stock. Desjardins began coverage on shares of Hudbay Minerals in a research report on Friday, April 4th. They issued a “buy” rating on the stock. Stifel Canada upgraded Hudbay Minerals to a “strong-buy” rating in a report on Wednesday, March 19th. BMO Capital Markets assumed coverage on Hudbay Minerals in a report on Wednesday. They issued an “outperform” rating for the company. Finally, StockNews.com raised Hudbay Minerals from a “hold” rating to a “buy” rating in a research note on Friday, February 7th. Four research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $14.00.

Hudbay Minerals Trading Down 0.3 %

NYSE:HBM opened at $7.04 on Friday. The firm has a market capitalization of $2.78 billion, a P/E ratio of 39.12 and a beta of 1.62. The company has a quick ratio of 1.47, a current ratio of 1.86 and a debt-to-equity ratio of 0.44. The company has a fifty day moving average of $7.48 and a 200 day moving average of $8.38. Hudbay Minerals has a 52 week low of $5.95 and a 52 week high of $10.49.

Hudbay Minerals (NYSE:HBM) (TSE:HBM) last released its quarterly earnings data on Wednesday, February 19th. The mining company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.02). Hudbay Minerals had a net margin of 3.80% and a return on equity of 7.29%. The company had revenue of $584.90 million for the quarter, compared to analysts’ expectations of $588.28 million. During the same period last year, the company posted $0.20 EPS. The business’s revenue for the quarter was down 2.9% compared to the same quarter last year.

Institutional Trading of Hudbay Minerals

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Barclays PLC grew its holdings in shares of Hudbay Minerals by 2,414.5% during the 3rd quarter. Barclays PLC now owns 86,475 shares of the mining company’s stock worth $795,000 after acquiring an additional 83,036 shares during the period. Artemis Investment Management LLP boosted its position in shares of Hudbay Minerals by 13.3% during the fourth quarter. Artemis Investment Management LLP now owns 2,574,709 shares of the mining company’s stock valued at $20,858,000 after purchasing an additional 301,455 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Hudbay Minerals in the fourth quarter worth $183,000. HighTower Advisors LLC bought a new position in Hudbay Minerals in the third quarter worth $413,000. Finally, Galibier Capital Management Ltd. lifted its position in Hudbay Minerals by 3.7% during the fourth quarter. Galibier Capital Management Ltd. now owns 2,613,432 shares of the mining company’s stock valued at $21,188,000 after buying an additional 92,324 shares during the period. 57.82% of the stock is currently owned by hedge funds and other institutional investors.

Hudbay Minerals Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 4th were given a dividend of $0.007 per share. The ex-dividend date was Tuesday, March 4th. This represents a dividend yield of 0.2%. This is a boost from Hudbay Minerals’s previous semi-annual dividend of $0.01. Hudbay Minerals’s payout ratio is currently 5.56%.

About Hudbay Minerals

Hudbay Minerals Inc, a diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America. It produces copper concentrates containing gold, silver, and molybdenum; gold concentrates containing zinc; zinc concentrates; molybdenum concentrates; and silver/gold doré.