FY2026 EPS Estimate for Nexa Resources Boosted by Analyst

Nexa Resources S.A. (NYSE:NEXA) – Equities researchers at Scotiabank increased their FY2026 earnings per share estimates for shares of Nexa Resources in a research note issued to investors on Friday, April 17th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings per share of $2.43 for the year, up from their prior estimate of $2.31. Scotiabank currently has a “Sector Perform” rating and a $14.00 price objective on the stock. The consensus estimate for Nexa Resources’ current full-year earnings is $1.90 per share. Scotiabank also issued estimates for Nexa Resources’ FY2027 earnings at $1.75 EPS.

Other equities research analysts also recently issued research reports about the company. Wall Street Zen raised Nexa Resources from a “buy” rating to a “strong-buy” rating in a report on Sunday, March 1st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Nexa Resources in a report on Monday, December 29th. Citigroup raised their price objective on Nexa Resources from $11.00 to $12.50 and gave the company a “neutral” rating in a report on Tuesday, April 14th. Morgan Stanley raised Nexa Resources from an “underweight” rating to an “equal weight” rating in a report on Thursday, April 9th. Finally, JPMorgan Chase & Co. raised their price objective on Nexa Resources from $7.00 to $7.50 and gave the company a “neutral” rating in a report on Thursday, February 26th. Seven analysts have rated the stock with a Hold rating, According to data from MarketBeat, Nexa Resources has an average rating of “Hold” and a consensus target price of $9.74.

Nexa Resources Trading Down 1.9%

Shares of NEXA stock opened at $14.85 on Wednesday. The stock’s fifty day moving average price is $11.71 and its two-hundred day moving average price is $9.49. The company has a market cap of $1.97 billion, a PE ratio of 14.85, a P/E/G ratio of 0.16 and a beta of 0.62. Nexa Resources has a fifty-two week low of $4.44 and a fifty-two week high of $16.75. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.58 and a current ratio of 0.87.

Nexa Resources (NYSE:NEXA) last issued its earnings results on Thursday, February 26th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.15. The firm had revenue of $903.00 million for the quarter, compared to the consensus estimate of $823.27 million. Nexa Resources had a return on equity of 11.81% and a net margin of 4.42%.

Nexa Resources Dividend Announcement

The company also recently disclosed a special dividend, which will be paid on Tuesday, August 11th. Investors of record on Tuesday, July 28th will be issued a dividend of $0.1321 per share. The ex-dividend date of this dividend is Tuesday, July 28th. Nexa Resources’s dividend payout ratio (DPR) is 10.00%.

Institutional Investors Weigh In On Nexa Resources

Hedge funds have recently modified their holdings of the company. Engineers Gate Manager LP boosted its holdings in shares of Nexa Resources by 69.7% during the 4th quarter. Engineers Gate Manager LP now owns 17,546 shares of the company’s stock valued at $155,000 after acquiring an additional 7,206 shares in the last quarter. Hsbc Holdings PLC raised its position in Nexa Resources by 47.0% during the 4th quarter. Hsbc Holdings PLC now owns 16,454 shares of the company’s stock worth $145,000 after purchasing an additional 5,263 shares during the last quarter. Susquehanna International Group LLP bought a new position in Nexa Resources during the 3rd quarter worth $134,000. Susquehanna Portfolio Strategies LLC bought a new position in Nexa Resources during the 4th quarter worth $88,000. Finally, New York State Common Retirement Fund bought a new position in Nexa Resources during the 4th quarter worth $83,000.

Nexa Resources Company Profile

Nexa Resources SA is a Brazil-based metals and mining company with a primary focus on zinc and copper. Listed on the New York Stock Exchange under the ticker NEXA, the firm develops, extracts and processes mineral resources for industrial applications worldwide. Headquartered in São Paulo, Brazil, Nexa is a leading participant in Latin America’s mining sector with a diversified portfolio of upstream and downstream operations.

The company’s operations span multiple mining and smelting complexes in Brazil’s Minas Gerais and Mato Grosso regions, as well as in Peru’s coastal and Andean zones.