Btg Pactual Weighs in on HudBay Minerals FY2026 Earnings

HudBay Minerals Inc (NYSE:HBM) (TSE:HBM) – Btg Pactual issued their FY2026 earnings per share (EPS) estimates for HudBay Minerals in a research note issued to investors on Monday, April 13th. Btg Pactual analyst L. Correa anticipates that the mining company will post earnings per share of $2.07 for the year. The consensus estimate for HudBay Minerals’ current full-year earnings is $0.79 per share. Btg Pactual also issued estimates for HudBay Minerals’ FY2027 earnings at $2.09 EPS and FY2028 earnings at $1.87 EPS.

A number of other research firms also recently issued reports on HBM. Scotiabank reissued an “outperform” rating on shares of HudBay Minerals in a research report on Monday, January 26th. UBS Group assumed coverage on HudBay Minerals in a research report on Thursday, January 8th. They issued a “buy” rating for the company. National Bank Financial downgraded HudBay Minerals from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 28th. Zacks Research lowered HudBay Minerals from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 17th. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of HudBay Minerals in a report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, HudBay Minerals currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.00.

HudBay Minerals Stock Performance

NYSE:HBM opened at $24.93 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.95 and a quick ratio of 0.78. The business has a fifty day simple moving average of $23.30 and a two-hundred day simple moving average of $20.30. HudBay Minerals has a 1 year low of $6.75 and a 1 year high of $28.74. The company has a market capitalization of $9.90 billion, a P/E ratio of 17.43, a P/E/G ratio of 0.33 and a beta of 1.41.

HudBay Minerals (NYSE:HBM) (TSE:HBM) last released its earnings results on Friday, February 20th. The mining company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.18). HudBay Minerals had a return on equity of 8.91% and a net margin of 25.71%.The firm had revenue of $732.90 million during the quarter, compared to analysts’ expectations of $730.13 million. During the same period in the prior year, the business earned $0.18 earnings per share. The business’s quarterly revenue was up 25.3% compared to the same quarter last year.

Hedge Funds Weigh In On HudBay Minerals

Large investors have recently made changes to their positions in the stock. Triasima Portfolio Management inc. bought a new position in shares of HudBay Minerals in the third quarter worth $8,057,000. Picton Mahoney Asset Management boosted its stake in HudBay Minerals by 9.3% during the third quarter. Picton Mahoney Asset Management now owns 6,350,482 shares of the mining company’s stock valued at $96,171,000 after buying an additional 537,964 shares during the period. Campbell & CO Investment Adviser LLC bought a new stake in HudBay Minerals during the third quarter valued at $1,454,000. Bank of Nova Scotia boosted its stake in HudBay Minerals by 662.0% during the third quarter. Bank of Nova Scotia now owns 4,273,384 shares of the mining company’s stock valued at $64,783,000 after buying an additional 3,712,572 shares during the period. Finally, Precision Wealth Strategies LLC bought a new stake in HudBay Minerals during the third quarter valued at $855,000. 57.82% of the stock is owned by institutional investors.

HudBay Minerals Announces Dividend

The business also recently declared a dividend, which was paid on Friday, March 27th. Stockholders of record on Tuesday, March 10th were issued a $0.01 dividend. This represents a dividend yield of 9.0%. The ex-dividend date of this dividend was Tuesday, March 10th. HudBay Minerals’s dividend payout ratio (DPR) is presently 0.70%.

About HudBay Minerals

HudBay Minerals Inc is a Canada-based mining company engaged in the exploration, development and production of base and precious metals. Its primary products include copper, zinc, gold and silver concentrates, which are sold to smelters and refiners worldwide. The company’s operations span multiple stages of the mining cycle, from resource definition and feasibility studies to mine construction, extraction and reclamation.

The company traces its roots back to 1927, when it was established as Hudson Bay Mining & Smelting Co Limited.