Cormark Has Pessimistic View of Hudbay Minerals Q1 Earnings

Hudbay Minerals Inc. (NYSE:HBM) (TSE:HBM) – Equities researchers at Cormark lowered their Q1 2026 earnings estimates for shares of Hudbay Minerals in a research note issued to investors on Friday, February 21st. Cormark analyst S. Ioannou now anticipates that the mining company will post earnings per share of $0.09 for the quarter, down from their previous forecast 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.

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

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

Hudbay Minerals Trading Up 2.2 %

Shares of HBM stock opened at $7.26 on Monday. The company has a 50 day moving average of $8.47 and a 200-day moving average of $8.55. The company has a quick ratio of 1.47, a current ratio of 1.86 and a debt-to-equity ratio of 0.44. Hudbay Minerals has a 12-month low of $5.45 and a 12-month high of $10.49. The firm has a market cap of $2.87 billion, a P/E ratio of 40.31 and a beta of 1.74.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of HBM. Tower Research Capital LLC TRC grew its stake in Hudbay Minerals by 9,877.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the mining company’s stock valued at $25,000 after buying an additional 3,062 shares in the last quarter. Prospera Private Wealth LLC purchased a new position in shares of Hudbay Minerals during the 3rd quarter valued at $28,000. Algert Global LLC purchased a new position in shares of Hudbay Minerals during the 4th quarter valued at $86,000. Clear Harbor Asset Management LLC purchased a new position in shares of Hudbay Minerals during the 3rd quarter valued at $92,000. Finally, Plato Investment Management Ltd purchased a new position in shares of Hudbay Minerals during the 4th quarter valued at $95,000. 57.82% of the stock is currently owned by hedge funds and other institutional investors.

Hudbay Minerals Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Friday, March 21st. Investors of record on Tuesday, March 4th will be paid a $0.007 dividend. This represents a yield of 0.2%. This is a positive change from Hudbay Minerals’s previous semi-annual dividend of $0.01. The ex-dividend date of this dividend is Tuesday, March 4th. Hudbay Minerals’s payout ratio is currently 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.