Hudbay Minerals FY2026 EPS Estimate Decreased by Scotiabank

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Investment analysts at Scotiabank cut their FY2026 earnings per share (EPS) estimates for shares of Hudbay Minerals in a research note issued on Tuesday, July 7th. Scotiabank analyst O. Wowkodaw now anticipates that the mining company will post earnings of $2.08 per share for the year, down from their previous estimate of $2.31. Scotiabank currently has a “Sector Outperform” rating and a $44.00 target price on the stock. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share. Scotiabank also issued estimates for Hudbay Minerals’ FY2027 earnings at $2.64 EPS.

Hudbay Minerals (TSE:HBM) (NYSE:HBM) last announced its quarterly earnings results on Friday, May 1st. The mining company reported C$0.56 earnings per share for the quarter. Hudbay Minerals had a net margin of 27.86% and a return on equity of 20.70%. The business had revenue of C$1.05 billion for the quarter.

Several other equities research analysts have also weighed in on HBM. Jefferies Financial Group cut their target price on shares of Hudbay Minerals from C$57.00 to C$50.00 in a report on Monday. Canadian Imperial Bank of Commerce boosted their price target on shares of Hudbay Minerals from C$42.00 to C$46.00 in a report on Tuesday, April 21st. BMO Capital Markets upped their price objective on shares of Hudbay Minerals from C$33.00 to C$39.00 in a research report on Wednesday, April 22nd. Canaccord Genuity Group dropped their price objective on Hudbay Minerals from C$41.00 to C$40.00 in a research note on Monday, May 4th. Finally, Royal Bank Of Canada lifted their target price on Hudbay Minerals from C$28.00 to C$40.00 in a report on Thursday, March 12th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$40.56.

Hudbay Minerals Stock Down 4.6%

Shares of TSE HBM opened at C$29.18 on Thursday. The stock has a market cap of C$12.96 billion, a P/E ratio of 17.47, a P/E/G ratio of 3.97 and a beta of 2.36. The firm has a 50 day moving average price of C$35.68 and a 200 day moving average price of C$33.10. The company has a debt-to-equity ratio of 30.14, a quick ratio of 0.85 and a current ratio of 1.36. Hudbay Minerals has a 52-week low of C$12.35 and a 52-week high of C$44.48.

Hudbay Minerals Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 26th were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Tuesday, June 9th. Hudbay Minerals’s dividend payout ratio (DPR) is currently 0.87%.

About Hudbay Minerals

Hudbay (TSX, NYSE: HBM) is a copper-focused critical minerals mining company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining jurisdictions of Canada, Peru and the United States. Hudbay’s operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the Company, which is complemented by meaningful gold production and by-product zinc, silver and molybdenum.