HC Wainwright Forecasts Increased Earnings for Hecla Mining

Hecla Mining Company (NYSE:HL) – Equities researchers at HC Wainwright boosted their FY2025 earnings per share estimates for Hecla Mining in a report released on Thursday, August 7th. HC Wainwright analyst H. Ihle now anticipates that the basic materials company will earn $0.24 per share for the year, up from their prior forecast of $0.14. HC Wainwright has a “Buy” rating and a $12.50 price objective on the stock. The consensus estimate for Hecla Mining’s current full-year earnings is $0.21 per share. HC Wainwright also issued estimates for Hecla Mining’s FY2026 earnings at $0.43 EPS.

Several other research firms have also recently weighed in on HL. CIBC increased their price objective on Hecla Mining from $7.50 to $8.00 and gave the company a “neutral” rating in a research report on Tuesday, July 15th. National Bank Financial raised Hecla Mining to a “hold” rating in a research report on Thursday, June 12th. BMO Capital Markets increased their price objective on Hecla Mining from $6.00 to $6.50 and gave the company a “market perform” rating in a research report on Thursday, August 7th. TD Securities reduced their price objective on Hecla Mining from $6.00 to $5.00 and set a “hold” rating for the company in a research report on Monday, May 5th. Finally, National Bankshares set a $7.00 price objective on Hecla Mining in a research report on Friday, June 13th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $7.36.

Hecla Mining Stock Down 0.7%

HL opened at $7.55 on Monday. Hecla Mining has a 1-year low of $4.46 and a 1-year high of $7.68. The company has a current ratio of 2.67, a quick ratio of 1.99 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $5.06 billion, a price-to-earnings ratio of 47.18 and a beta of 1.27. The business has a 50 day moving average of $6.09 and a 200-day moving average of $5.68.

Hecla Mining (NYSE:HL) last announced its earnings results on Wednesday, August 6th. The basic materials company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.03. Hecla Mining had a return on equity of 5.51% and a net margin of 9.55%. The firm had revenue of $304.03 million during the quarter, compared to analysts’ expectations of $248.93 million. During the same quarter in the prior year, the business earned $0.02 earnings per share. The company’s revenue was up 23.8% on a year-over-year basis.

Hecla Mining Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Friday, August 22nd will be given a $0.0038 dividend. This represents a $0.02 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, August 22nd. Hecla Mining’s dividend payout ratio (DPR) is 6.25%.

Insider Buying and Selling

In related news, VP Stuart Maurice Absolom sold 18,926 shares of the firm’s stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $6.66, for a total value of $126,047.16. Following the completion of the transaction, the vice president directly owned 59,410 shares of the company’s stock, valued at $395,670.60. This trade represents a 24.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new position in Hecla Mining during the fourth quarter worth $1,640,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Hecla Mining by 8.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,578,828 shares of the basic materials company’s stock valued at $7,752,000 after buying an additional 127,756 shares in the last quarter. Deutsche Bank AG increased its stake in shares of Hecla Mining by 38.5% in the fourth quarter. Deutsche Bank AG now owns 1,307,305 shares of the basic materials company’s stock valued at $6,419,000 after buying an additional 363,554 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Hecla Mining by 4.1% in the first quarter. Bank of New York Mellon Corp now owns 2,913,645 shares of the basic materials company’s stock valued at $16,200,000 after buying an additional 115,512 shares in the last quarter. Finally, Stifel Financial Corp increased its stake in shares of Hecla Mining by 1,246.3% in the fourth quarter. Stifel Financial Corp now owns 161,084 shares of the basic materials company’s stock valued at $791,000 after buying an additional 149,119 shares in the last quarter. 63.01% of the stock is currently owned by institutional investors and hedge funds.

About Hecla Mining

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.