Hudbay Minerals FY2026 EPS Estimate Increased by Scotiabank

Hudbay Minerals Inc. (NYSE:HBM) (TSE:HBM) – Equities research analysts at Scotiabank lifted their FY2026 earnings per share (EPS) estimates for Hudbay Minerals in a note issued to investors on Wednesday, January 8th. Scotiabank analyst O. Wowkodaw now forecasts that the mining company will post earnings per share of $0.54 for the year, up from their previous forecast of $0.34. The consensus estimate for Hudbay Minerals’ current full-year earnings is $0.55 per share.

Hudbay Minerals (NYSE:HBM) (TSE:HBM) last announced its quarterly earnings data on Wednesday, November 13th. The mining company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.09. Hudbay Minerals had a return on equity of 7.44% and a net margin of 4.23%. The firm had revenue of $485.80 million for the quarter, compared to analysts’ expectations of $454.47 million. During the same period last year, the business posted $0.07 earnings per share. The firm’s revenue for the quarter was up 1.1% on a year-over-year basis.

Separately, StockNews.com upgraded Hudbay Minerals from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Five equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $11.17.

Hudbay Minerals Stock Performance

Shares of HBM opened at $8.83 on Friday. The business’s fifty day moving average price is $8.74 and its 200 day moving average price is $8.54. Hudbay Minerals has a 12-month low of $4.94 and a 12-month high of $10.49. The stock has a market capitalization of $3.48 billion, a PE ratio of 38.39 and a beta of 1.76. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.86 and a quick ratio of 1.47.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HBM. Ballentine Partners LLC grew its holdings in Hudbay Minerals by 32.7% during the second quarter. Ballentine Partners LLC now owns 16,171 shares of the mining company’s stock worth $146,000 after acquiring an additional 3,983 shares during the period. American Century Companies Inc. grew its holdings in Hudbay Minerals by 239.3% during the second quarter. American Century Companies Inc. now owns 2,044,720 shares of the mining company’s stock worth $18,503,000 after acquiring an additional 1,442,140 shares during the period. Dimensional Fund Advisors LP grew its holdings in Hudbay Minerals by 24.7% during the second quarter. Dimensional Fund Advisors LP now owns 3,545,340 shares of the mining company’s stock worth $32,084,000 after acquiring an additional 702,170 shares during the period. Quantbot Technologies LP grew its holdings in Hudbay Minerals by 79.5% during the second quarter. Quantbot Technologies LP now owns 293,110 shares of the mining company’s stock worth $2,653,000 after acquiring an additional 129,797 shares during the period. Finally, Renaissance Technologies LLC grew its holdings in Hudbay Minerals by 32.3% during the second quarter. Renaissance Technologies LLC now owns 1,499,409 shares of the mining company’s stock worth $13,570,000 after acquiring an additional 366,300 shares during the period. 57.82% of the stock is owned by institutional investors and hedge funds.

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.