Stifel Canada Lowers Earnings Estimates for HudBay Minerals

HudBay Minerals Inc (NYSE:HBM) (TSE:HBM) – Stock analysts at Stifel Canada dropped their Q3 2025 EPS estimates for shares of HudBay Minerals in a note issued to investors on Tuesday, October 21st. Stifel Canada analyst R. Profiti now expects that the mining company will post earnings of $0.05 per share for the quarter, down from their previous estimate of $0.19. The consensus estimate for HudBay Minerals’ current full-year earnings is $0.79 per share. Stifel Canada also issued estimates for HudBay Minerals’ Q4 2025 earnings at $0.38 EPS, Q1 2026 earnings at $0.28 EPS, Q2 2026 earnings at $0.28 EPS, Q3 2026 earnings at $0.28 EPS, Q4 2026 earnings at $0.28 EPS, FY2026 earnings at $1.11 EPS, Q1 2027 earnings at $0.37 EPS, Q2 2027 earnings at $0.37 EPS, Q3 2027 earnings at $0.37 EPS, FY2027 earnings at $1.47 EPS, FY2028 earnings at $1.63 EPS and FY2029 earnings at $1.83 EPS.

HudBay Minerals (NYSE:HBM) (TSE:HBM) last posted its earnings results on Wednesday, August 13th. The mining company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.08. The business had revenue of $536.40 million for the quarter, compared to analyst estimates of $558.21 million. HudBay Minerals had a net margin of 13.13% and a return on equity of 10.73%. The business’s revenue was up 26.1% compared to the same quarter last year.

Several other equities analysts have also weighed in on the stock. Zacks Research upgraded shares of HudBay Minerals from a “hold” rating to a “strong-buy” rating in a report on Monday, October 13th. Weiss Ratings reiterated a “buy (b-)” rating on shares of HudBay Minerals in a report on Wednesday, October 8th. CIBC reiterated an “outperform” rating on shares of HudBay Minerals in a report on Tuesday, July 15th. Wall Street Zen upgraded shares of HudBay Minerals from a “buy” rating to a “strong-buy” rating in a report on Wednesday, September 10th. Finally, Veritas raised shares of HudBay Minerals to a “strong-buy” rating in a research report on Monday, July 7th. Three research analysts have rated the stock with a Strong Buy rating and ten have issued a Buy rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $19.50.

HudBay Minerals Stock Performance

NYSE:HBM opened at $15.83 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.86 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $6.27 billion, a price-to-earnings ratio of 21.68 and a beta of 1.55. The firm’s fifty day simple moving average is $14.08 and its 200 day simple moving average is $10.77. HudBay Minerals has a twelve month low of $5.95 and a twelve month high of $17.73.

Institutional Investors Weigh In On HudBay Minerals

A number of institutional investors have recently modified their holdings of HBM. SBI Securities Co. Ltd. boosted its stake in HudBay Minerals by 64.6% during the 1st quarter. SBI Securities Co. Ltd. now owns 3,773 shares of the mining company’s stock valued at $29,000 after purchasing an additional 1,481 shares during the period. Banque Cantonale Vaudoise acquired a new position in HudBay Minerals during the 1st quarter valued at about $33,000. Global Retirement Partners LLC acquired a new position in HudBay Minerals during the 3rd quarter valued at about $45,000. Jones Financial Companies Lllp boosted its stake in HudBay Minerals by 131.6% during the 1st quarter. Jones Financial Companies Lllp now owns 6,570 shares of the mining company’s stock valued at $50,000 after purchasing an additional 3,733 shares during the period. Finally, Plato Investment Management Ltd acquired a new position in HudBay Minerals during the 2nd quarter valued at about $84,000. Institutional investors own 57.82% of the company’s stock.

HudBay Minerals Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 2nd were given a dividend of $0.0073 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a dividend yield of 17.0%. This is a boost from HudBay Minerals’s previous semi-annual dividend of $0.01. HudBay Minerals’s payout ratio is currently 1.37%.

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.