Hudbay Minerals Q1 EPS Estimate Decreased by Raymond James

Hudbay Minerals Inc. (NYSE:HBM) (TSE:HBM) – Equities researchers at Raymond James cut their Q1 2025 EPS estimates for shares of Hudbay Minerals in a research note issued to investors on Tuesday, March 4th. Raymond James analyst F. Hamed now forecasts that the mining company will post earnings of $0.20 per share for the quarter, down from their prior forecast of $0.24. The consensus estimate for Hudbay Minerals’ current full-year earnings is $0.79 per share. Raymond James also issued estimates for Hudbay Minerals’ Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $0.15 EPS and Q4 2025 earnings at $0.10 EPS.

Separately, StockNews.com upgraded Hudbay Minerals from a “hold” rating to a “buy” rating in a report on Friday, February 7th. Five analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $11.17.

Hudbay Minerals Price Performance

Shares of NYSE HBM opened at $7.45 on Thursday. The company has a quick ratio of 1.47, a current ratio of 1.86 and a debt-to-equity ratio of 0.44. The stock’s 50-day simple moving average is $8.33 and its two-hundred day simple moving average is $8.53. Hudbay Minerals has a twelve month low of $6.12 and a twelve month high of $10.49. The firm has a market capitalization of $2.94 billion, a P/E ratio of 41.36 and a beta of 1.74.

Hudbay Minerals (NYSE:HBM) (TSE:HBM) last posted its quarterly earnings data on Wednesday, February 19th. The mining company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.02). The company had revenue of $584.90 million for the quarter, compared to analysts’ expectations of $588.28 million. Hudbay Minerals had a return on equity of 7.29% and a net margin of 3.80%. The business’s quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter last year, the business posted $0.20 EPS.

Hudbay Minerals Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Friday, March 21st. Stockholders of record on Tuesday, March 4th will be given a $0.007 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This is a positive change from Hudbay Minerals’s previous semi-annual dividend of $0.01. This represents a dividend yield of 0.2%. Hudbay Minerals’s dividend payout ratio is 5.56%.

Hedge Funds Weigh In On Hudbay Minerals

Several large investors have recently modified their holdings of the business. Cinctive Capital Management LP increased its holdings in shares of Hudbay Minerals by 39.7% in the 3rd quarter. Cinctive Capital Management LP now owns 410,669 shares of the mining company’s stock valued at $3,777,000 after acquiring an additional 116,732 shares during the last quarter. Bank of Montreal Can lifted its position in shares of Hudbay Minerals by 23.1% in the third quarter. Bank of Montreal Can now owns 7,691,519 shares of the mining company’s stock valued at $71,308,000 after acquiring an additional 1,441,991 shares in the last quarter. Toronto Dominion Bank boosted its stake in Hudbay Minerals by 300.9% in the 3rd quarter. Toronto Dominion Bank now owns 226,841 shares of the mining company’s stock worth $2,085,000 after buying an additional 170,257 shares during the last quarter. Mountaineer Partners Management LLC raised its holdings in Hudbay Minerals by 792.5% in the third quarter. Mountaineer Partners Management LLC now owns 10,323,605 shares of the mining company’s stock valued at $94,874,000 after buying an additional 9,166,952 shares during the period. Finally, Jennison Associates LLC grew its stake in Hudbay Minerals by 12.2% during the 3rd quarter. Jennison Associates LLC now owns 3,298,814 shares of the mining company’s stock valued at $30,340,000 after purchasing an additional 359,126 shares in the last quarter. Institutional investors and hedge funds own 57.82% of the company’s stock.

About Hudbay Minerals

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.