Southern Copper (SCCO) Projected to Post Earnings on Friday

Southern Copper (NYSE:SCCO) is anticipated to post its Q2 2025 quarterly earnings results before the market opens on Friday, July 18th. Analysts expect Southern Copper to post earnings of $1.05 per share and revenue of $2.89 billion for the quarter.

Southern Copper (NYSE:SCCO) last issued its earnings results on Friday, April 25th. The basic materials company reported $1.19 EPS for the quarter, topping the consensus estimate of $1.05 by $0.14. Southern Copper had a return on equity of 39.39% and a net margin of 30.00%. The business had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $3.05 billion. On average, analysts expect Southern Copper to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Southern Copper Stock Performance

NYSE:SCCO opened at $97.65 on Wednesday. The business’s 50-day moving average price is $95.95 and its two-hundred day moving average price is $93.55. Southern Copper has a twelve month low of $74.11 and a twelve month high of $118.64. The stock has a market cap of $77.74 billion, a P/E ratio of 21.37, a PEG ratio of 2.29 and a beta of 1.02. The company has a quick ratio of 3.22, a current ratio of 3.71 and a debt-to-equity ratio of 0.70.

Southern Copper Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, May 19th. Investors of record on Monday, May 5th were issued a dividend of $0.70 per share. The ex-dividend date was Friday, May 2nd. This represents a dividend yield of 2.98%. Southern Copper’s dividend payout ratio is 61.27%.

Institutional Investors Weigh In On Southern Copper

A number of hedge funds have recently modified their holdings of the business. Focus Partners Wealth boosted its stake in Southern Copper by 21.5% during the first quarter. Focus Partners Wealth now owns 5,944 shares of the basic materials company’s stock worth $556,000 after buying an additional 1,052 shares during the period. Empowered Funds LLC lifted its stake in Southern Copper by 17.9% in the first quarter. Empowered Funds LLC now owns 6,705 shares of the basic materials company’s stock worth $627,000 after acquiring an additional 1,020 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in Southern Copper by 42.1% in the first quarter. Royal Bank of Canada now owns 44,879 shares of the basic materials company’s stock worth $4,194,000 after acquiring an additional 13,293 shares during the last quarter. 7.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SCCO has been the topic of a number of research analyst reports. Hsbc Global Res raised shares of Southern Copper from a “moderate sell” rating to a “hold” rating in a research report on Thursday, April 24th. Itau BBA Securities upgraded shares of Southern Copper from an “underperform” rating to a “market perform” rating in a research note on Wednesday, June 11th. Morgan Stanley downgraded shares of Southern Copper from an “equal weight” rating to an “underweight” rating and raised their price target for the company from $86.00 to $99.00 in a report on Tuesday. JPMorgan Chase & Co. decreased their price objective on shares of Southern Copper from $83.50 to $79.00 and set a “neutral” rating for the company in a report on Thursday, July 3rd. Finally, Wall Street Zen cut shares of Southern Copper from a “buy” rating to a “hold” rating in a report on Tuesday, May 20th. Three investment analysts have rated the stock with a sell rating and five have given a hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $91.00.

Southern Copper Company Profile

Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc, copper, molybdenum, silver, gold, and lead.