FY2026 Earnings Forecast for Ero Copper Issued By Scotiabank

Ero Copper Corp. (TSE:ERO) – Research analysts at Scotiabank raised their FY2026 EPS estimates for shares of Ero Copper in a research report issued to clients and investors on Thursday, June 18th. Scotiabank analyst O. Wowkodaw now expects that the company will earn $6.80 per share for the year, up from their previous estimate of $5.60. Scotiabank has a “Sector Outperform” rating and a $55.00 price target on the stock. The consensus estimate for Ero Copper’s current full-year earnings is $4.74 per share. Scotiabank also issued estimates for Ero Copper’s FY2027 earnings at $7.63 EPS.

Ero Copper (TSE:ERO) last announced its quarterly earnings data on Thursday, March 5th. The company reported C$1.43 earnings per share (EPS) for the quarter. Ero Copper had a net margin of 31.55% and a return on equity of 31.19%. The business had revenue of C$430.18 million during the quarter.

A number of other equities research analysts have also issued reports on ERO. BMO Capital Markets raised their price target on Ero Copper from C$42.00 to C$48.00 in a research note on Wednesday, April 22nd. National Bank Financial upgraded Ero Copper from a “hold” rating to a “strong-buy” rating and set a C$50.00 target price on the stock in a research note on Tuesday, May 5th. The Goldman Sachs Group lowered Ero Copper from a “buy” rating to a “hold” rating and set a C$31.00 target price on the stock. in a research note on Monday, April 13th. Canaccord Genuity Group boosted their target price on shares of Ero Copper from C$48.00 to C$52.00 and gave the company a “buy” rating in a research note on Wednesday, February 25th. Finally, TD boosted their target price on shares of Ero Copper from C$45.00 to C$47.00 and gave the company a “hold” rating in a research note on Friday, April 10th. Three investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$45.71.

Ero Copper Trading Up 0.7%

ERO opened at C$42.35 on Monday. The stock has a market cap of C$4.42 billion, a price-to-earnings ratio of 15.13, a P/E/G ratio of -0.72 and a beta of 1.77. The stock’s 50 day moving average price is C$39.50 and its 200-day moving average price is C$39.72. Ero Copper has a one year low of C$17.66 and a one year high of C$53.69. The company has a debt-to-equity ratio of 54.96, a quick ratio of 1.43 and a current ratio of 1.30.

Insider Buying and Selling at Ero Copper

In related news, Director Lyle Braaten sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of C$41.80, for a total value of C$418,000.00. Following the completion of the sale, the director owned 200,000 shares in the company, valued at approximately C$8,360,000. The trade was a 4.76% decrease in their ownership of the stock. Corporate insiders own 10.37% of the company’s stock.

Ero Copper Company Profile

Ero is a Brazil -focused, growth-oriented mining company with a diversified portfolio of copper and gold assets. Headquartered in Vancouver, B.C., the Company operates two copper mines – the Caraíba Operations in Bahia State and the Tucumã Operation in Pará State – as well as the Xavantina Operations, a producing gold mine in Mato Grosso State. In addition to its operating assets, Ero is advancing the Furnas Copper-Gold Project, located in the mineral-rich Carajás Province in Pará State, through a definitive earn-in agreement with Vale Base Metals to acquire a 60% interest in the project.