Raymond James Cuts Earnings Estimates for Hudbay Minerals

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Research analysts at Raymond James lowered their Q1 2025 earnings per share estimates for shares of Hudbay Minerals in a note issued to investors on Tuesday, March 4th. Raymond James analyst F. Hamed now expects that the mining company will earn $0.28 per share for the quarter, down from their previous estimate of $0.34. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share. Raymond James also issued estimates for Hudbay Minerals’ Q2 2025 earnings at $0.26 EPS and Q4 2025 earnings at $0.14 EPS.

Several other brokerages have also recently weighed in on HBM. Scotiabank lowered their price target on shares of Hudbay Minerals from C$15.50 to C$14.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. National Bankshares reduced their price target on Hudbay Minerals from C$17.00 to C$15.50 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Stifel Nicolaus raised their price objective on Hudbay Minerals from C$16.00 to C$16.50 and gave the company a “buy” rating in a research report on Thursday, January 30th. TD Securities cut their target price on Hudbay Minerals from C$15.00 to C$14.00 and set a “buy” rating on the stock in a research note on Thursday, February 20th. Finally, Canaccord Genuity Group lowered their price target on shares of Hudbay Minerals from C$15.50 to C$14.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. Thirteen analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$15.12.

Hudbay Minerals Stock Up 6.8 %

TSE:HBM opened at C$10.68 on Thursday. The company has a debt-to-equity ratio of 46.39, a current ratio of 1.86 and a quick ratio of 0.85. The firm has a market cap of C$2.96 billion, a PE ratio of 30.07, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83. The company has a 50-day moving average of C$12.00 and a 200 day moving average of C$11.89. Hudbay Minerals has a 1-year low of C$8.29 and a 1-year high of C$14.33.

Insider Activity at Hudbay Minerals

In other Hudbay Minerals news, Director Peter Gerald Jan Kukielski bought 9,300 shares of Hudbay Minerals stock in a transaction dated Friday, February 21st. The stock was acquired at an average cost of C$10.76 per share, with a total value of C$100,068.00. Also, Senior Officer Robert Alan Carter sold 8,014 shares of Hudbay Minerals stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of C$13.24, for a total transaction of C$106,105.36. Company insiders own 0.07% of the company’s stock.

Hudbay Minerals Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 21st will be issued a dividend of $0.01 per share. This represents a dividend yield of 0.1%. The ex-dividend date of this dividend is Tuesday, March 4th. Hudbay Minerals’s dividend payout ratio (DPR) is 5.63%.

Hudbay Minerals Company Profile

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.