Southern Copper (NYSE:SCCO – Get Free Report) is projected to release its Q1 2026 results after the market closes on Friday, April 24th. Analysts expect Southern Copper to post earnings of $1.88 per share and revenue of $3.9554 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Friday, May 1, 2026 at 10:00 AM ET.
Southern Copper (NYSE:SCCO – Get Free Report) last posted its earnings results on Wednesday, January 28th. The basic materials company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.01. The company had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.73 billion. Southern Copper had a return on equity of 41.97% and a net margin of 32.30%.During the same period last year, the company earned $0.98 earnings per share. On average, analysts expect Southern Copper to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Southern Copper Stock Performance
SCCO opened at $183.56 on Wednesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.40 and a current ratio of 3.89. The company has a market cap of $150.35 billion, a PE ratio of 34.50, a price-to-earnings-growth ratio of 1.92 and a beta of 1.16. The stock has a 50-day moving average of $186.84 and a 200-day moving average of $162.53. Southern Copper has a 52-week low of $86.59 and a 52-week high of $223.88.
Southern Copper Increases Dividend
Insider Transactions at Southern Copper
In related news, Director Bonilla Luis Miguel Palomino sold 193 shares of Southern Copper stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $174.60, for a total transaction of $33,697.80. Following the sale, the director directly owned 1,707 shares of the company’s stock, valued at $298,042.20. This trade represents a 10.16% 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, Director Lerdo De Tejada Leon Contreras sold 9,326 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $209.56, for a total value of $1,954,344.91. Following the completion of the transaction, the director directly owned 605 shares of the company’s stock, valued at approximately $126,783.04. This trade represents a 93.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 9,526 shares of company stock worth $1,989,373. 0.07% of the stock is owned by company insiders.
Institutional Investors Weigh In On Southern Copper
A number of institutional investors have recently bought and sold shares of SCCO. Arrowstreet Capital Limited Partnership bought a new position in shares of Southern Copper during the 4th quarter worth about $46,560,000. Lord Abbett & CO. LLC acquired a new position in Southern Copper in the fourth quarter worth about $35,095,000. Amundi raised its position in Southern Copper by 124.9% in the fourth quarter. Amundi now owns 433,656 shares of the basic materials company’s stock worth $62,217,000 after purchasing an additional 240,848 shares in the last quarter. Mackenzie Financial Corp lifted its stake in Southern Copper by 89.4% during the fourth quarter. Mackenzie Financial Corp now owns 472,398 shares of the basic materials company’s stock worth $68,589,000 after purchasing an additional 222,985 shares during the period. Finally, Voloridge Investment Management LLC lifted its stake in Southern Copper by 207.4% during the fourth quarter. Voloridge Investment Management LLC now owns 300,154 shares of the basic materials company’s stock worth $43,063,000 after purchasing an additional 202,503 shares during the period. Institutional investors and hedge funds own 7.94% of the company’s stock.
Wall Street Analyst Weigh In
SCCO has been the topic of several recent analyst reports. JPMorgan Chase & Co. lifted their target price on shares of Southern Copper from $117.50 to $127.00 and gave the stock an “underweight” rating in a report on Friday, April 10th. The Goldman Sachs Group upgraded Southern Copper from a “sell” rating to a “neutral” rating and set a $178.00 price objective on the stock in a research note on Friday, April 10th. Morgan Stanley increased their target price on Southern Copper from $155.00 to $160.00 and gave the company an “underweight” rating in a research note on Thursday, April 9th. Wells Fargo & Company set a $186.00 target price on Southern Copper and gave the company an “equal weight” rating in a report on Wednesday, April 15th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Southern Copper in a report on Friday, March 27th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and seven have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $144.79.
View Our Latest Stock Analysis on SCCO
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.
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