HudBay Minerals FY2026 EPS Forecast Boosted by Desjardins

HudBay Minerals Inc (NYSE:HBM) (TSE:HBM) – Research analysts at Desjardins upped their FY2026 EPS estimates for HudBay Minerals in a research report issued on Wednesday, October 1st. Desjardins analyst B. Adams now forecasts that the mining company will post earnings per share of $1.03 for the year, up from their prior forecast of $0.59. The consensus estimate for HudBay Minerals’ current full-year earnings is $0.79 per share.

Several other equities analysts have also recently weighed in on the stock. The Goldman Sachs Group initiated coverage on shares of HudBay Minerals in a research note on Monday, September 8th. They issued a “buy” rating for the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of HudBay Minerals in a research report on Saturday, September 27th. Raymond James Financial raised shares of HudBay Minerals to a “moderate buy” rating in a research report on Monday, June 30th. Wall Street Zen raised shares of HudBay Minerals from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, September 10th. Finally, National Bankshares reissued an “outperform” rating on shares of HudBay Minerals in a report on Thursday, August 14th. Two equities research analysts have rated the stock with a Strong Buy rating and eight have given a Buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

HudBay Minerals Price Performance

NYSE:HBM opened at $15.80 on Monday. HudBay Minerals has a 1-year low of $5.95 and a 1-year high of $16.46. The company has a current ratio of 1.03, a quick ratio of 0.86 and a debt-to-equity ratio of 0.20. The firm has a fifty day simple moving average of $12.33 and a 200 day simple moving average of $9.98. The stock has a market capitalization of $6.26 billion, a PE ratio of 21.64 and a beta of 1.55.

HudBay Minerals (NYSE:HBM) (TSE:HBM) last posted its quarterly earnings data on Wednesday, August 13th. The mining company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.08. HudBay Minerals had a net margin of 13.13% and a return on equity of 10.73%. The company had revenue of $536.40 million for the quarter, compared to the consensus estimate of $558.21 million. The firm’s revenue for the quarter was up 26.1% compared to the same quarter last year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. SBI Securities Co. Ltd. raised its stake in HudBay Minerals by 64.6% during the first quarter. SBI Securities Co. Ltd. now owns 3,773 shares of the mining company’s stock worth $29,000 after acquiring an additional 1,481 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in shares of HudBay Minerals during the first quarter worth about $33,000. Jones Financial Companies Lllp grew its holdings in shares of HudBay Minerals by 131.6% during the first quarter. Jones Financial Companies Lllp now owns 6,570 shares of the mining company’s stock worth $50,000 after purchasing an additional 3,733 shares during the last quarter. Plato Investment Management Ltd bought a new stake in shares of HudBay Minerals during the second quarter worth about $84,000. Finally, Headlands Technologies LLC bought a new stake in shares of HudBay Minerals during the first quarter worth about $92,000. Institutional investors and hedge funds own 57.82% of the company’s stock.

HudBay Minerals Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 2nd were paid a dividend of $0.0073 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This is a positive change from HudBay Minerals’s previous semi-annual dividend of $0.01. This represents a yield of 17.0%. HudBay Minerals’s payout ratio is presently 1.37%.

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.