Scotiabank Estimates Southern Copper FY2026 Earnings

Southern Copper Co. (NYSE:SCCO) – Scotiabank issued their FY2026 earnings per share (EPS) estimates for Southern Copper in a research note issued to investors on Wednesday, January 8th. Scotiabank analyst A. Salazar anticipates that the basic materials company will post earnings per share of $4.81 for the year. Scotiabank has a “Sector Underperform” rating and a $52.00 price objective on the stock. The consensus estimate for Southern Copper’s current full-year earnings is $4.45 per share.

SCCO has been the topic of a number of other reports. Citigroup upped their price target on shares of Southern Copper from $99.44 to $100.00 and gave the company a “sell” rating in a research note on Wednesday, October 2nd. JPMorgan Chase & Co. upgraded Southern Copper from an “underweight” rating to a “neutral” rating and set a $92.50 price objective on the stock in a research note on Monday, December 2nd. Finally, Morgan Stanley raised Southern Copper from an “underweight” rating to an “equal weight” rating and reduced their target price for the company from $106.30 to $102.00 in a report on Thursday, December 12th. Four equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $94.81.

Southern Copper Trading Up 1.8 %

Shares of SCCO opened at $95.51 on Friday. Southern Copper has a fifty-two week low of $77.14 and a fifty-two week high of $129.79. The business has a 50-day moving average of $99.56 and a 200 day moving average of $104.75. The firm has a market cap of $75.03 billion, a P/E ratio of 24.59, a price-to-earnings-growth ratio of 1.56 and a beta of 1.14. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.31 and a current ratio of 2.77.

Institutional Trading of Southern Copper

Institutional investors have recently made changes to their positions in the stock. Fisher Asset Management LLC boosted its position in Southern Copper by 10.6% during the 3rd quarter. Fisher Asset Management LLC now owns 2,963,572 shares of the basic materials company’s stock valued at $342,796,000 after buying an additional 283,562 shares during the period. State Street Corp raised its stake in shares of Southern Copper by 1.0% during the third quarter. State Street Corp now owns 2,728,802 shares of the basic materials company’s stock valued at $315,641,000 after acquiring an additional 27,358 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Southern Copper by 74.6% during the third quarter. JPMorgan Chase & Co. now owns 1,402,983 shares of the basic materials company’s stock worth $162,283,000 after purchasing an additional 599,610 shares during the period. Empower Advisory Group LLC grew its stake in shares of Southern Copper by 3.3% in the third quarter. Empower Advisory Group LLC now owns 1,004,060 shares of the basic materials company’s stock worth $116,140,000 after purchasing an additional 32,314 shares during the last quarter. Finally, Marathon Asset Management Ltd increased its holdings in Southern Copper by 2.9% during the 3rd quarter. Marathon Asset Management Ltd now owns 788,672 shares of the basic materials company’s stock valued at $91,226,000 after purchasing an additional 22,437 shares during the period. Hedge funds and other institutional investors own 7.94% of the company’s stock.

Southern Copper Dividend Announcement

The company also recently announced a — dividend, which was paid on Thursday, November 21st. Investors of record on Wednesday, November 6th were paid a $0.62 dividend. The ex-dividend date of this dividend was Wednesday, November 6th. This represents a yield of 2.1%. Southern Copper’s dividend payout ratio is presently 72.16%.

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.