FY2025 EPS Forecast for Hudbay Minerals Reduced by Analyst

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Equities researchers at Desjardins dropped their FY2025 earnings per share (EPS) estimates for shares of Hudbay Minerals in a report released on Wednesday, November 12th. Desjardins analyst B. Adams now expects that the mining company will post earnings per share of $1.08 for the year, down from their prior forecast of $1.17. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share. Desjardins also issued estimates for Hudbay Minerals’ FY2027 earnings at $1.57 EPS.

HBM has been the topic of a number of other research reports. Raymond James Financial upped their target price on Hudbay Minerals from C$17.00 to C$18.50 in a research report on Thursday, August 21st. Bank of America lifted their price objective on shares of Hudbay Minerals from C$22.50 to C$26.75 in a research note on Thursday, October 16th. National Bankshares upped their price objective on shares of Hudbay Minerals from C$22.00 to C$25.00 in a report on Wednesday, October 8th. The Goldman Sachs Group raised shares of Hudbay Minerals to a “buy” rating in a report on Monday, September 8th. Finally, Stifel Nicolaus boosted their target price on shares of Hudbay Minerals from C$20.00 to C$28.00 in a research report on Tuesday, October 21st. Three equities research analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the stock. According to MarketBeat, Hudbay Minerals has a consensus rating of “Buy” and a consensus target price of C$21.83.

Hudbay Minerals Stock Down 0.7%

Hudbay Minerals stock opened at C$22.12 on Monday. The business’s 50-day simple moving average is C$21.41 and its two-hundred day simple moving average is C$16.32. The company has a debt-to-equity ratio of 46.39, a quick ratio of 0.85 and a current ratio of 1.86. The company has a market cap of C$8.76 billion, a PE ratio of 19.07, a PEG ratio of 3.97 and a beta of 2.41. Hudbay Minerals has a fifty-two week low of C$8.49 and a fifty-two week high of C$24.75.

Hudbay Minerals Announces Dividend

The firm also recently declared a half year 25 dividend, which was paid on Friday, September 19th. Investors of record on Friday, September 19th were paid a $0.01 dividend. This represents a dividend yield of 6.0%. The ex-dividend date was Tuesday, September 2nd. Hudbay Minerals’s payout ratio is currently 1.22%.

About Hudbay Minerals

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.