Analysts Offer Predictions for Hecla Mining FY2027 Earnings

Hecla Mining (NYSE:HL) – Investment analysts at National Bank Financial upped their FY2027 earnings estimates for Hecla Mining in a research report issued to clients and investors on Sunday, May 4th. National Bank Financial analyst A. Dusome now forecasts that the basic materials company will earn $0.25 per share for the year, up from their previous forecast of $0.20. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for Hecla Mining’s current full-year earnings is $0.21 per share.

A number of other equities analysts also recently issued reports on HL. StockNews.com raised shares of Hecla Mining from a “sell” rating to a “hold” rating in a report on Monday, February 17th. HC Wainwright restated a “buy” rating and set a $11.50 price target on shares of Hecla Mining in a report on Friday, February 14th. TD Securities decreased their price objective on shares of Hecla Mining from $6.00 to $5.00 and set a “hold” rating for the company in a research note on Monday. BMO Capital Markets restated a “market perform” rating and issued a $5.50 target price (down previously from $7.50) on shares of Hecla Mining in a research note on Monday. Finally, Roth Mkm decreased their price target on Hecla Mining from $6.60 to $6.50 and set a “buy” rating for the company in a research report on Tuesday, February 18th. Six research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $7.20.

Hecla Mining Price Performance

HL stock opened at $4.89 on Tuesday. The company has a market capitalization of $3.09 billion, a P/E ratio of 97.72 and a beta of 1.57. Hecla Mining has a 52-week low of $4.41 and a 52-week high of $7.68. The business has a 50-day simple moving average of $5.52 and a two-hundred day simple moving average of $5.60. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.55 and a current ratio of 1.08.

Hecla Mining (NYSE:HL) last posted its quarterly earnings results on Thursday, May 1st. The basic materials company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). Hecla Mining had a return on equity of 3.10% and a net margin of 3.85%. The firm had revenue of $261.34 million for the quarter, compared to analyst estimates of $238.50 million. The firm’s quarterly revenue was up 37.9% compared to the same quarter last year. During the same period last year, the company posted ($0.01) earnings per share.

Institutional Investors Weigh In On Hecla Mining

Several institutional investors have recently made changes to their positions in HL. Barclays PLC lifted its holdings in Hecla Mining by 317.4% during the 3rd quarter. Barclays PLC now owns 909,811 shares of the basic materials company’s stock worth $6,069,000 after purchasing an additional 691,862 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Hecla Mining during the third quarter valued at about $371,000. Franklin Resources Inc. lifted its holdings in shares of Hecla Mining by 2,757.4% in the third quarter. Franklin Resources Inc. now owns 460,610 shares of the basic materials company’s stock worth $3,017,000 after buying an additional 444,490 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Hecla Mining by 43.8% in the third quarter. JPMorgan Chase & Co. now owns 3,481,761 shares of the basic materials company’s stock valued at $23,223,000 after acquiring an additional 1,059,929 shares during the period. Finally, GAMMA Investing LLC grew its stake in Hecla Mining by 771.8% during the fourth quarter. GAMMA Investing LLC now owns 5,013 shares of the basic materials company’s stock valued at $25,000 after acquiring an additional 4,438 shares in the last quarter. Hedge funds and other institutional investors own 63.01% of the company’s stock.

Insider Buying and Selling

In other Hecla Mining news, Director Catherine J. Boggs purchased 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 7th. The shares were bought at an average cost of $4.99 per share, for a total transaction of $99,800.00. Following the purchase, the director now owns 348,169 shares of the company’s stock, valued at $1,737,363.31. This represents a 6.09 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Russell Douglas Lawlar sold 16,333 shares of Hecla Mining stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $5.18, for a total transaction of $84,604.94. Following the completion of the transaction, the chief financial officer now owns 297,983 shares of the company’s stock, valued at $1,543,551.94. This represents a 5.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 57,915 shares of company stock valued at $300,000. 0.62% of the stock is owned by company insiders.

Hecla Mining Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Friday, May 23rd will be paid a dividend of $0.0038 per share. The ex-dividend date is Friday, May 23rd. This represents a $0.02 annualized dividend and a dividend yield of 0.31%. Hecla Mining’s payout ratio is currently 9.09%.

Hecla Mining Company Profile

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.