Cormark Brokers Lower Earnings Estimates for Hudbay Minerals

Hudbay Minerals Inc. (NYSE:HBM) (TSE:HBM) – Cormark lowered their Q1 2026 earnings per share estimates for Hudbay Minerals in a research note issued on Friday, February 21st. Cormark analyst S. Ioannou now expects that the mining company will earn $0.09 per share for the quarter, down from their previous estimate of $0.11. The consensus estimate for Hudbay Minerals’ current full-year earnings is $0.79 per share. Cormark also issued estimates for Hudbay Minerals’ Q2 2026 earnings at $0.09 EPS, Q3 2026 earnings at $0.09 EPS, Q4 2026 earnings at $0.09 EPS and FY2026 earnings at $0.36 EPS.

Separately, StockNews.com raised Hudbay Minerals from a “hold” rating to a “buy” rating in a research report on Friday, February 7th. Five research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $11.17.

Hudbay Minerals Stock Performance

NYSE HBM opened at $7.11 on Monday. Hudbay Minerals has a 1-year low of $5.45 and a 1-year high of $10.49. The stock has a 50-day moving average of $8.45 and a two-hundred day moving average of $8.55. The company has a market cap of $2.81 billion, a P/E ratio of 39.47 and a beta of 1.74. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.86 and a quick ratio of 1.47.

Hudbay Minerals (NYSE:HBM) (TSE:HBM) last issued its quarterly earnings data on Wednesday, February 19th. The mining company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.02). Hudbay Minerals had a return on equity of 7.29% and a net margin of 3.80%. The business had revenue of $584.90 million for the quarter, compared to analyst estimates of $588.28 million. During the same period in the previous year, the business posted $0.20 earnings per share. The firm’s revenue for the quarter was down 2.9% compared to the same quarter last year.

Institutional Investors Weigh In On Hudbay Minerals

Institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Hudbay Minerals by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 15,267,805 shares of the mining company’s stock worth $123,852,000 after buying an additional 255,191 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Hudbay Minerals by 14.2% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,662,499 shares of the mining company’s stock worth $118,874,000 after acquiring an additional 1,822,601 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Hudbay Minerals by 2.7% in the fourth quarter. Invesco Ltd. now owns 11,815,849 shares of the mining company’s stock valued at $95,708,000 after purchasing an additional 314,619 shares in the last quarter. Mountaineer Partners Management LLC grew its position in shares of Hudbay Minerals by 792.5% in the third quarter. Mountaineer Partners Management LLC now owns 10,323,605 shares of the mining company’s stock valued at $94,874,000 after purchasing an additional 9,166,952 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Hudbay Minerals by 86.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 9,149,134 shares of the mining company’s stock worth $74,105,000 after purchasing an additional 4,253,400 shares in the last quarter. 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 will be paid on Friday, March 21st. Shareholders of record on Tuesday, March 4th will be issued a $0.007 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a yield of 0.2%. This is an increase from Hudbay Minerals’s previous semi-annual dividend of $0.01. Hudbay Minerals’s dividend payout ratio (DPR) is 5.56%.

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.