Hecla Mining (NYSE:HL – Free Report) – Stock analysts at B. Riley lowered their FY2026 earnings estimates for Hecla Mining in a report issued on Tuesday, March 18th. B. Riley analyst N. Giles now anticipates that the basic materials company will earn $0.18 per share for the year, down from their prior forecast of $0.27. The consensus estimate for Hecla Mining’s current full-year earnings is $0.21 per share. B. Riley also issued estimates for Hecla Mining’s FY2027 earnings at $0.18 EPS.
HL has been the topic of several other research reports. Roth Mkm reduced their price objective on shares of Hecla Mining from $6.60 to $6.50 and set a “buy” rating on the stock in a research report on Tuesday, February 18th. HC Wainwright reiterated a “buy” rating and issued a $11.50 price target on shares of Hecla Mining in a report on Friday, February 14th. StockNews.com upgraded shares of Hecla Mining from a “sell” rating to a “hold” rating in a research note on Monday, February 17th. Finally, TD Securities lowered Hecla Mining from a “buy” rating to a “hold” rating and cut their price objective for the company from $6.50 to $5.50 in a research report on Tuesday, March 11th. Five equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Hecla Mining currently has a consensus rating of “Moderate Buy” and a consensus price target of $7.75.
Hecla Mining Stock Up 0.4 %
Shares of HL opened at $5.86 on Wednesday. The business’s 50 day moving average is $5.55 and its 200 day moving average is $5.83. The company has a current ratio of 1.08, a quick ratio of 0.55 and a debt-to-equity ratio of 0.25. Hecla Mining has a 12-month low of $4.22 and a 12-month high of $7.68. The company has a market capitalization of $3.70 billion, a PE ratio of 117.12 and a beta of 1.94.
Hecla Mining (NYSE:HL – Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The basic materials company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). The business had revenue of $249.66 million for the quarter, compared to the consensus estimate of $229.21 million. Hecla Mining had a net margin of 3.85% and a return on equity of 3.10%.
Hedge Funds Weigh In On Hecla Mining
Several hedge funds have recently added to or reduced their stakes in HL. Blue Trust Inc. boosted its position in shares of Hecla Mining by 30.7% during the fourth quarter. Blue Trust Inc. now owns 8,351 shares of the basic materials company’s stock valued at $41,000 after buying an additional 1,961 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Hecla Mining by 13.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 18,883 shares of the basic materials company’s stock valued at $93,000 after acquiring an additional 2,169 shares during the period. Arizona State Retirement System grew its position in Hecla Mining by 1.3% in the 4th quarter. Arizona State Retirement System now owns 173,616 shares of the basic materials company’s stock valued at $852,000 after acquiring an additional 2,297 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Hecla Mining by 10.7% in the fourth quarter. Ameriprise Financial Inc. now owns 25,370 shares of the basic materials company’s stock worth $125,000 after purchasing an additional 2,457 shares during the period. Finally, KBC Group NV lifted its position in shares of Hecla Mining by 19.2% during the third quarter. KBC Group NV now owns 18,075 shares of the basic materials company’s stock worth $121,000 after purchasing an additional 2,909 shares during the last quarter. 63.01% of the stock is currently owned by institutional investors.
Insider Activity at Hecla Mining
In other Hecla Mining news, VP Kurt Allen sold 9,195 shares of Hecla Mining stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $5.18, for a total transaction of $47,630.10. Following the completion of the transaction, the vice president now directly owns 104,512 shares of the company’s stock, valued at $541,372.16. The trade was a 8.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Robert Krcmarov bought 6,570 shares of Hecla Mining stock in a transaction dated Wednesday, February 19th. The stock was purchased at an average cost of $5.29 per share, for a total transaction of $34,755.30. Following the purchase, the chief executive officer now owns 331,856 shares of the company’s stock, valued at approximately $1,755,518.24. This trade represents a 2.02 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders sold 57,915 shares of company stock valued at $300,000. Insiders own 1.40% of the company’s stock.
Hecla Mining Cuts Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Monday, March 10th will be given a dividend of $0.0038 per share. This represents a $0.02 annualized dividend and a dividend yield of 0.26%. The ex-dividend date of this dividend is Monday, March 10th. Hecla Mining’s dividend payout ratio is 20.00%.
Hecla Mining Company Profile
Hecla Mining Company, together with its subsidiaries, provides precious and base metal properties in the United States, Canada, Japan, Korea, and China. The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for custom smelters, metal traders, and third-party processors; and doré containing silver and gold.
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