FY2026 EPS Forecast for Nexa Resources Increased by Analyst

Nexa Resources S.A. (NYSE:NEXA) – Stock analysts at Scotiabank raised their FY2026 earnings per share (EPS) estimates for shares of Nexa Resources in a note issued to investors on Thursday, May 14th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings per share of $2.60 for the year, up from their prior forecast of $2.43. Scotiabank has a “Sector Perform” rating and a $14.00 price objective on the stock. The consensus estimate for Nexa Resources’ current full-year earnings is $2.61 per share.

Nexa Resources (NYSE:NEXA) last released its earnings results on Thursday, May 7th. The company reported $0.67 EPS for the quarter, hitting analysts’ consensus estimates of $0.67. Nexa Resources had a return on equity of 16.32% and a net margin of 6.44%.The company had revenue of $888.32 million for the quarter, compared to the consensus estimate of $885.90 million.

Several other brokerages also recently issued reports on NEXA. Wall Street Zen raised Nexa Resources from a “buy” rating to a “strong-buy” rating in a report on Sunday, March 1st. Zacks Research raised Nexa Resources from a “hold” rating to a “strong-buy” rating in a report on Tuesday. JPMorgan Chase & Co. raised their price target on Nexa Resources from $7.00 to $7.50 and gave the stock a “neutral” rating in a report on Thursday, February 26th. Morgan Stanley raised Nexa Resources from an “underweight” rating to an “equal weight” rating in a report on Thursday, April 9th. Finally, Citigroup raised their price target on Nexa Resources from $11.00 to $12.50 and gave the stock a “neutral” rating in a report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Nexa Resources has an average rating of “Hold” and a consensus target price of $9.74.

Nexa Resources Trading Up 6.2%

NYSE:NEXA opened at $15.69 on Friday. The company has a market cap of $2.08 billion, a PE ratio of 9.93, a P/E/G ratio of 0.21 and a beta of 0.90. Nexa Resources has a 52 week low of $4.44 and a 52 week high of $16.89. The company has a quick ratio of 0.54, a current ratio of 0.85 and a debt-to-equity ratio of 1.13. The business’s 50 day moving average is $12.45 and its two-hundred day moving average is $10.43.

Institutional Trading of Nexa Resources

Several hedge funds have recently added to or reduced their stakes in NEXA. Sagil Capital LLP bought a new stake in Nexa Resources during the 4th quarter valued at $11,651,000. Marshall Wace LLP bought a new stake in Nexa Resources during the 4th quarter valued at $8,653,000. Pictet Asset Management Holding SA bought a new stake in shares of Nexa Resources in the 1st quarter worth $7,572,000. Walleye Capital LLC bought a new stake in shares of Nexa Resources in the 4th quarter worth $4,628,000. Finally, Renaissance Technologies LLC raised its stake in shares of Nexa Resources by 120.8% in the 4th quarter. Renaissance Technologies LLC now owns 852,800 shares of the company’s stock worth $7,547,000 after buying an additional 466,500 shares in the last quarter.

Nexa Resources Announces Dividend

The firm also recently announced a special dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Tuesday, July 28th will be paid a dividend of $0.1321 per share. The ex-dividend date of this dividend is Tuesday, July 28th. Nexa Resources’s payout ratio is presently 6.33%.

About Nexa Resources

Nexa Resources SA is a Brazil-based metals and mining company with a primary focus on zinc and copper. Listed on the New York Stock Exchange under the ticker NEXA, the firm develops, extracts and processes mineral resources for industrial applications worldwide. Headquartered in São Paulo, Brazil, Nexa is a leading participant in Latin America’s mining sector with a diversified portfolio of upstream and downstream operations.

The company’s operations span multiple mining and smelting complexes in Brazil’s Minas Gerais and Mato Grosso regions, as well as in Peru’s coastal and Andean zones.