FY2025 EPS Estimate for Hudbay Minerals Increased by Analyst

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Equities researchers at Raymond James Financial lifted their FY2025 earnings per share estimates for shares of Hudbay Minerals in a research report issued to clients and investors on Sunday, October 26th. Raymond James Financial analyst J. Elliott now anticipates that the mining company will post earnings of $1.15 per share for the year, up from their prior estimate of $1.09. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share.

A number of other research firms have also commented on HBM. National Bankshares increased their price target on Hudbay Minerals from C$22.00 to C$25.00 in a research report on Wednesday, October 8th. Veritas raised shares of Hudbay Minerals to a “strong-buy” rating in a research report on Monday, July 7th. Jefferies Financial Group upped their price objective on shares of Hudbay Minerals from C$25.00 to C$28.00 in a research report on Friday, October 17th. Scotiabank increased their price objective on shares of Hudbay Minerals from C$25.00 to C$26.50 in a research note on Tuesday. Finally, Bank of America lifted their target price on shares of Hudbay Minerals from C$22.50 to C$26.75 in a research report on Thursday, October 16th. Three equities research analysts have rated the stock with a Strong Buy rating and eight have issued a Buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$21.88.

Hudbay Minerals Stock Up 0.4%

HBM stock opened at C$22.65 on Wednesday. The firm has a market capitalization of C$8.96 billion, a PE ratio of 31.03, a P/E/G ratio of 3.97 and a beta of 2.21. The company has a quick ratio of 0.85, a current ratio of 1.86 and a debt-to-equity ratio of 46.39. Hudbay Minerals has a twelve month low of C$8.49 and a twelve month high of C$24.75. The stock’s 50 day moving average is C$19.97 and its 200-day moving average is C$15.23.

Hudbay Minerals Dividend Announcement

The company also recently declared a half year 25 dividend, which was paid on Friday, September 19th. Stockholders of record on Friday, September 19th were given a dividend of $0.01 per share. This represents a dividend yield of 6.0%. The ex-dividend date of this dividend was Tuesday, September 2nd. Hudbay Minerals’s dividend payout ratio is currently 1.96%.

Hudbay Minerals Company Profile

Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals.