FY2026 Earnings Estimate for Ero Copper Issued By Scotiabank

Ero Copper Corp. (NYSE:ERO) – Investment analysts at Scotiabank cut their FY2026 earnings per share estimates for Ero Copper in a research note issued on Wednesday, February 11th. Scotiabank analyst O. Wowkodaw now anticipates that the company will post earnings per share of $4.79 for the year, down from their previous estimate of $5.42. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Ero Copper’s current full-year earnings is $0.71 per share. Scotiabank also issued estimates for Ero Copper’s FY2027 earnings at $4.77 EPS.

A number of other analysts also recently issued reports on the stock. Freedom Capital raised shares of Ero Copper to a “strong-buy” rating in a report on Tuesday, December 30th. Bank of America downgraded shares of Ero Copper from a “buy” rating to a “neutral” rating in a research report on Monday, February 9th. Stifel Nicolaus cut Ero Copper from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 21st. Jefferies Financial Group lowered Ero Copper from a “buy” rating to a “hold” rating in a research note on Sunday, December 7th. Finally, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Ero Copper in a research report on Friday, December 5th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $32.50.

Ero Copper Price Performance

Shares of NYSE ERO opened at $30.70 on Monday. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.82 and a quick ratio of 0.46. The stock has a market capitalization of $3.20 billion, a price-to-earnings ratio of 23.08 and a beta of 1.20. The firm’s 50 day simple moving average is $29.83 and its 200-day simple moving average is $22.87. Ero Copper has a 12 month low of $9.30 and a 12 month high of $39.80.

Hedge Funds Weigh In On Ero Copper

Hedge funds and other institutional investors have recently made changes to their positions in the company. Kapitalo Investimentos Ltda grew its stake in shares of Ero Copper by 86.0% in the third quarter. Kapitalo Investimentos Ltda now owns 1,076,696 shares of the company’s stock worth $21,782,000 after acquiring an additional 497,978 shares in the last quarter. Frontier Capital Management Co. LLC boosted its holdings in Ero Copper by 21.5% in the second quarter. Frontier Capital Management Co. LLC now owns 1,354,239 shares of the company’s stock valued at $22,819,000 after purchasing an additional 239,935 shares during the period. Impala Asset Management LLC boosted its holdings in Ero Copper by 3.0% in the second quarter. Impala Asset Management LLC now owns 1,699,100 shares of the company’s stock valued at $28,494,000 after purchasing an additional 49,199 shares during the period. Boston Partners grew its stake in Ero Copper by 37.5% during the 2nd quarter. Boston Partners now owns 889,154 shares of the company’s stock worth $14,979,000 after purchasing an additional 242,594 shares in the last quarter. Finally, Scotia Capital Inc. increased its holdings in Ero Copper by 12.3% during the 2nd quarter. Scotia Capital Inc. now owns 303,008 shares of the company’s stock worth $5,039,000 after purchasing an additional 33,146 shares during the period. Hedge funds and other institutional investors own 71.30% of the company’s stock.

Ero Copper Company Profile

Ero Copper Corp (NYSE: ERO) is a Canada-based natural resource company focused on the production of copper concentrate from its Brazilian operations. The company’s flagship asset is the Vale do Curaçá mining complex in the state of Bahia, which includes multiple underground mines and a centralized processing facility. Ero Copper’s primary product is copper concentrate, which is sold to smelters and end users around the world.

The Vale do Curaçá complex comprises the Pilar and Surubim underground mines, supported by a fully integrated processing plant.