Southern Copper (NYSE:SCCO) Releases Earnings Results

Southern Copper (NYSE:SCCO) posted its quarterly earnings results on Tuesday. The basic materials company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.95 by $0.06, Briefing.com reports. Southern Copper had a net margin of 34.13% and a return on equity of 45.63%. The company had revenue of $4.29 billion for the quarter, compared to the consensus estimate of $4.37 billion. Southern Copper’s revenue was up 40.6% on a year-over-year basis.

Southern Copper Trading Down 5.4%

NYSE SCCO traded down $10.48 during trading hours on Thursday, hitting $185.00. The company’s stock had a trading volume of 597,113 shares, compared to its average volume of 1,717,604. The stock has a fifty day moving average of $180.83 and a 200 day moving average of $183.17. The company has a quick ratio of 3.89, a current ratio of 4.38 and a debt-to-equity ratio of 0.57. Southern Copper has a twelve month low of $88.73 and a twelve month high of $223.88. The firm has a market capitalization of $152.83 billion, a P/E ratio of 30.47, a PEG ratio of 1.61 and a beta of 1.11.

Shares of Southern Copper are scheduled to split on the morning of Tuesday, August 11th. The 1.012-1 split was recently announced. The newly created shares will be payable to shareholders after the market closes on Monday, August 10th.

Southern Copper Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Tuesday, August 11th will be issued a dividend of $1.10 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $4.40 annualized dividend and a yield of 2.4%. This is an increase from Southern Copper’s previous quarterly dividend of $1.00. Southern Copper’s dividend payout ratio (DPR) is presently 66.12%.

Insider Buying and Selling at Southern Copper

In other Southern Copper news, Director Bonilla Luis Miguel Palomino sold 200 shares of Southern Copper stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $177.82, for a total value of $35,564.00. Following the sale, the director directly owned 1,807 shares in the company, valued at approximately $321,320.74. The trade was a 9.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 404 shares of company stock worth $74,108 over the last quarter. Company insiders own 0.07% of the company’s stock.

Hedge Funds Weigh In On Southern Copper

Hedge funds and other institutional investors have recently made changes to their positions in the company. State Street Corp increased its stake in Southern Copper by 2.4% in the fourth quarter. State Street Corp now owns 2,862,244 shares of the basic materials company’s stock valued at $410,646,000 after acquiring an additional 66,268 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Southern Copper by 8.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,181,293 shares of the basic materials company’s stock worth $169,480,000 after purchasing an additional 90,237 shares during the last quarter. Legal & General Group Plc boosted its holdings in shares of Southern Copper by 1.5% in the 3rd quarter. Legal & General Group Plc now owns 955,924 shares of the basic materials company’s stock valued at $116,012,000 after purchasing an additional 14,212 shares in the last quarter. Northern Trust Corp boosted its holdings in shares of Southern Copper by 5.4% in the 3rd quarter. Northern Trust Corp now owns 923,796 shares of the basic materials company’s stock valued at $112,112,000 after purchasing an additional 47,028 shares in the last quarter. Finally, Schroder Investment Management Group increased its stake in shares of Southern Copper by 7.1% in the 4th quarter. Schroder Investment Management Group now owns 541,370 shares of the basic materials company’s stock valued at $77,670,000 after purchasing an additional 36,086 shares during the last quarter. 7.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on SCCO shares. Morgan Stanley boosted their price objective on shares of Southern Copper from $146.00 to $158.00 and gave the company an “underweight” rating in a research report on Wednesday, July 8th. Wells Fargo & Company boosted their price objective on Southern Copper from $171.00 to $172.00 and gave the company an “equal weight” rating in a research report on Thursday, July 9th. Citigroup reissued a “positive” rating on shares of Southern Copper in a research note on Wednesday, July 15th. Zacks Research raised Southern Copper from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th. Finally, Barclays set a $166.00 target price on Southern Copper and gave the company an “underweight” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have given a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $148.60.

Southern Copper News Summary

Here are the key news stories impacting Southern Copper this week:

• Positive Sentiment: Southern Copper reported quarterly EPS of $2.01, beating analyst estimates, and revenue grew 40.6% year over year, reinforcing expectations for strong operating performance. Southern Copper earnings transcript
• Positive Sentiment: Copper prices firmed, which is typically favorable for SCCO because higher metal prices can boost realized pricing and profitability for a copper producer. Southern Copper in focus as copper prices firm
• Neutral Sentiment: Revenue came in slightly below expectations despite the strong year-over-year growth, so the earnings release was good but not perfect. Southern Copper press release
• Negative Sentiment: Broader copper-market volatility remains a risk, and a sharp pullback in copper futures could pressure SCCO if metal prices weaken further. Copper’s Biggest Intraday Drop in 2026: 5 Stocks Most at Risk Today

Southern Copper Company Profile

Southern Copper Corporation (NYSE: SCCO) is a large, integrated copper producer whose operations span the full value chain from exploration and mining to smelting, refining and the sale of copper and other metal products. The company produces a range of copper products including copper concentrate and refined cathodes, and recovers valuable byproducts such as molybdenum, silver and zinc. Southern Copper concentrates on high-volume, long-life assets designed to support steady production and processing capabilities.

Southern Copper’s operations are concentrated in Peru and Mexico, where it owns and operates multiple large-scale mining and processing facilities.