NYSE:SCCO

Southern Copper (SCCO) Stock Price, News & Analysis

$118.75
+1.73 (+1.48%)
(As of 05/10/2024 ET)
Today's Range
$118.11
$120.19
50-Day Range
$80.02
$120.85
52-Week Range
$64.66
$121.00
Volume
1.26 million shs
Average Volume
1.50 million shs
Market Capitalization
$92.76 billion
P/E Ratio
39.47
Dividend Yield
0.03%
Price Target
$90.50

Southern Copper MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.57 Rating Score
Upside/​Downside
23.8% Downside
$90.50 Price Target
Short Interest
Bearish
7.12% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.07
Upright™ Environmental Score
News Sentiment
0.97mentions of Southern Copper in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$63,430 Sold Last Quarter
Proj. Earnings Growth
18.69%
From $3.96 to $4.70 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.01 out of 5 stars

Basic Materials Sector

91st out of 173 stocks

Metal Mining Industry

13th out of 23 stocks

SCCO stock logo

About Southern Copper Stock (NYSE:SCCO)

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. It operates the Toquepala and Cuajone open-pit mines, and a smelter and refinery in Peru; and La Caridad, an open-pit copper mine, as well as a copper ore concentrator, a SX-EW plant, a smelter, refinery, and a rod plant in Mexico. The company also operates Buenavista, an open-pit copper mine, as well as two copper concentrators and two operating SX-EW plants in Mexico. In addition, it operates underground mines that produce zinc, lead, copper, silver, and gold; a coal mine; and a zinc refinery. The company has interests in 156,818 hectares and 502,688 hectares of concessions in Peru and Mexico; and 168,200 hectares and 28,453 hectares of exploration concessions in Argentina and Chile. Southern Copper Corporation was incorporated in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation operates as a subsidiary of Americas Mining Corporation.

SCCO Stock Price History

SCCO Stock News Headlines

StockNews.com Lowers Southern Copper (NYSE:SCCO) to Hold
Biden Nomination CANCELED?
The Hill just published that Joe Biden has received enough delegates to…“clinch the Democratic presidential nomination and all but guaranteeing he will face off against former President Trump again in November.” Why is he all BUT guaranteed the Democratic nomination, in their words?
Scotiabank Keeps Their Sell Rating on Southern Copper (SCCO)
Biden Nomination CANCELED?
The Hill just published that Joe Biden has received enough delegates to…“clinch the Democratic presidential nomination and all but guaranteeing he will face off against former President Trump again in November.” Why is he all BUT guaranteed the Democratic nomination, in their words?
Up 34% YTD, Is This Copper Stock Overvalued?
AI Data Centers Seen Driving Demand For Copper
See More Headlines
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Company Calendar

Last Earnings
10/24/2023
Ex-Dividend for 2/29 Dividend
2/12/2024
Dividend Payable
2/29/2024
Ex-Dividend for 5/23 Dividend
5/07/2024
Today
5/11/2024
Dividend Payable
5/23/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
Diversified Metals & Mining
CUSIP
84265V10
Employees
15,810
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$90.50
High Stock Price Target
$135.00
Low Stock Price Target
$55.00
Potential Upside/Downside
-23.8%
Consensus Rating
Reduce
Rating Score (0-4)
1.57
Research Coverage
7 Analysts

Profitability

Net Income
$2.43 billion
Pretax Margin
39.26%

Debt

Sales & Book Value

Annual Sales
$9.70 billion
Cash Flow
$4.23 per share
Book Value
$9.74 per share

Miscellaneous

Free Float
780,531,000
Market Cap
$92.76 billion
Optionable
Optionable
Beta
1.27
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Key Executives

  • Mr. Raul Jacob Ruisanchez (Age 66)
    VP of Finance, Treasurer & CFO
    Comp: $408.65k
  • Ms. Lina A. Vingerhoets Vilca (Age 63)
    Comptroller
    Comp: $236.39k
  • Mr. Edgard Corrales Aguilar (Age 68)
    Vice President of Exploration
    Comp: $347.13k
  • Mr. Julian Jorge Lazalde Psihas (Age 56)
    Secretary
    Comp: $443.25k
  • Mr. Oscar Gonzalez Rocha (Age 86)
    President, CEO & Director
    Comp: $1.22M
  • Mr. Victor Pedraglio
    Manager of Financial Planning & Investor Relations
  • Mr. Andres Carlos Ferrero Ghislieri (Age 55)
    General Counsel

SCCO Stock Analysis - Frequently Asked Questions

Should I buy or sell Southern Copper stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Southern Copper in the last twelve months. There are currently 5 sell ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" SCCO shares.
View SCCO analyst ratings
or view top-rated stocks.

What is Southern Copper's stock price target for 2024?

7 brokerages have issued twelve-month price objectives for Southern Copper's stock. Their SCCO share price targets range from $55.00 to $135.00. On average, they anticipate the company's stock price to reach $90.50 in the next year. This suggests that the stock has a possible downside of 23.8%.
View analysts price targets for SCCO
or view top-rated stocks among Wall Street analysts.

How have SCCO shares performed in 2024?

Southern Copper's stock was trading at $86.07 at the start of the year. Since then, SCCO shares have increased by 38.0% and is now trading at $118.75.
View the best growth stocks for 2024 here
.

When is Southern Copper's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our SCCO earnings forecast
.

How were Southern Copper's earnings last quarter?

Southern Copper Co. (NYSE:SCCO) released its quarterly earnings results on Tuesday, October, 24th. The basic materials company reported $0.80 earnings per share for the quarter, topping analysts' consensus estimates of $0.72 by $0.08. The basic materials company earned $2.51 billion during the quarter, compared to the consensus estimate of $2.49 billion. Southern Copper had a net margin of 24.20% and a trailing twelve-month return on equity of 30.44%.

How often does Southern Copper pay dividends? What is the dividend yield for Southern Copper?

Southern Copper declared a quarterly dividend on Friday, April 19th. Stockholders of record on Wednesday, May 8th will be given a dividend of $0.01 per share on Thursday, May 23rd. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.03%. The ex-dividend date of this dividend is Tuesday, May 7th.
Read our dividend analysis for SCCO
.

Is Southern Copper a good dividend stock?

Southern Copper (NYSE:SCCO) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.04%. The dividend payout ratio is 1.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCCO will have a dividend payout ratio of 0.85% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SCCO.

What other stocks do shareholders of Southern Copper own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Southern Copper investors own include Alibaba Group (BABA), NVIDIA (NVDA), B2Gold (BTG), Freeport-McMoRan (FCX), Applied Materials (AMAT), Intel (INTC), Newmont (NEM), Compañía de Minas Buenaventura S.A.A. (BVN), JPMorgan Chase & Co. (JPM) and General Electric (GE).

Who are Southern Copper's major shareholders?

Southern Copper's stock is owned by many different retail and institutional investors. Top institutional shareholders include Mawer Investment Management Ltd. (0.28%), Mirae Asset Global Investments Co. Ltd. (0.20%), Vanguard Group Inc. (0.12%), Allspring Global Investments Holdings LLC (0.08%), Allspring Global Investments Holdings LLC (0.08%) and Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. (0.08%). Insiders that own company stock include Andreve Vicente Ariztegui, Bonilla Luis Miguel Palomino, German Larrea Mota Velasco and Sanchez Mejorada Enri Castillo.
View institutional ownership trends
.

How do I buy shares of Southern Copper?

Shares of SCCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SCCO) was last updated on 5/12/2024 by MarketBeat.com Staff

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