FY2027 EPS Estimates for Hudbay Minerals Raised by Analyst

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Research analysts at Scotiabank upped their FY2027 earnings per share (EPS) estimates for Hudbay Minerals in a research note issued to investors on Wednesday, June 24th. Scotiabank analyst O. Wowkodaw now expects that the mining company will earn $2.65 per share for the year, up from their prior forecast of $2.34. 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’ FY2030 earnings at $3.47 EPS.

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

HBM has been the subject of a number of other reports. BMO Capital Markets increased their price objective on shares of Hudbay Minerals from C$33.00 to C$39.00 in a report on Wednesday, April 22nd. Canadian Imperial Bank of Commerce boosted their target price on shares of Hudbay Minerals from C$42.00 to C$46.00 in a report on Tuesday, April 21st. Desjardins set a C$40.00 target price on shares of Hudbay Minerals and gave the stock a “buy” rating in a research report on Thursday, March 5th. Barclays set a C$41.00 target price on shares of Hudbay Minerals and gave the company an “overweight” rating in a research note on Friday, May 22nd. Finally, Canaccord Genuity Group reduced their price target on shares of Hudbay Minerals from C$41.00 to C$40.00 in a report on Monday, May 4th. Three investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of C$39.75.

Hudbay Minerals Stock Up 1.8%

TSE HBM opened at C$33.65 on Tuesday. The stock’s 50 day moving average is C$35.91 and its 200 day moving average is C$32.79. The company has a current ratio of 1.36, a quick ratio of 0.85 and a debt-to-equity ratio of 30.14. Hudbay Minerals has a 12 month low of C$12.35 and a 12 month high of C$44.48. The stock has a market cap of C$15.07 billion, a PE ratio of 20.15, a P/E/G ratio of 3.97 and a beta of 2.24.

Hudbay Minerals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 26th were paid a $0.01 dividend. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $0.04 dividend on an annualized basis and a yield of 0.1%. Hudbay Minerals’s payout ratio is presently 0.87%.

Key Hudbay Minerals News

Here are the key news stories impacting Hudbay Minerals this week:

• Positive Sentiment: Scotiabank boosted its FY2027 EPS estimate for Hudbay Minerals to $2.65 from $2.34 and lifted its FY2030 estimate to $3.47 from $1.41, reinforcing a bullish view on the company’s longer-term profit potential. Q3 EPS Estimates for Hudbay Minerals Increased by Scotiabank
• Neutral Sentiment: National Bank Financial reiterated or published multiple quarterly and annual EPS estimates for Hudbay Minerals, including $2.23 for FY2026 and FY2027 and a range of near-term quarterly estimates around $0.54-$0.57. These updates mostly add visibility rather than changing the story materially.
• Neutral Sentiment: The new estimates suggest analysts expect steady earnings through 2026-2027, with some moderation in FY2028 before reacceleration later, which may support valuation expectations but does not appear to be a major near-term catalyst on its own.

Hudbay Minerals Company Profile

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.