
Hecla Mining Company (NYSE:HL – Free Report) – Equities research analysts at Scotiabank reduced their FY2026 EPS estimates for shares of Hecla Mining in a research note issued to investors on Wednesday, August 19th. Scotiabank analyst E. Winmill now expects that the basic materials company will post earnings of $0.46 per share for the year, down from their previous estimate of $0.47. Scotiabank currently has a “Sector Perform” rating and a $21.00 target price on the stock. The consensus estimate for Hecla Mining’s current full-year earnings is $0.47 per share. Scotiabank also issued estimates for Hecla Mining’s FY2027 earnings at $0.90 EPS.
A number of other research analysts have also recently commented on the stock. HC Wainwright cut their price target on shares of Hecla Mining from $36.50 to $26.75 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Zacks Research raised Hecla Mining to a “hold” rating in a report on Friday, July 17th. Jefferies Financial Group started coverage on Hecla Mining in a research report on Thursday. They set a “hold” rating and a $22.00 target price for the company. Wall Street Zen lowered Hecla Mining from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Canaccord Genuity Group upgraded Hecla Mining from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a research report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Hecla Mining presently has an average rating of “Hold” and a consensus target price of $23.82.
Hecla Mining Stock Performance
NYSE:HL opened at $20.87 on Friday. The company has a 50-day moving average of $16.03 and a 200-day moving average of $18.26. Hecla Mining has a 52 week low of $7.51 and a 52 week high of $34.17. The company has a market capitalization of $14.02 billion, a price-to-earnings ratio of 42.59 and a beta of 1.32.
Hecla Mining (NYSE:HL – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.01). The firm had revenue of $333.85 million for the quarter, compared to the consensus estimate of $368.75 million. Hecla Mining had a net margin of 20.84% and a return on equity of 18.91%. The business’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.09 earnings per share.
Hedge Funds Weigh In On Hecla Mining
A number of hedge funds and other institutional investors have recently bought and sold shares of HL. Veracity Capital LLC boosted its stake in shares of Hecla Mining by 4.0% during the 4th quarter. Veracity Capital LLC now owns 11,005 shares of the basic materials company’s stock worth $211,000 after acquiring an additional 419 shares during the period. CWM LLC raised its stake in Hecla Mining by 1.4% in the 4th quarter. CWM LLC now owns 31,853 shares of the basic materials company’s stock valued at $611,000 after acquiring an additional 434 shares during the period. Parallel Advisors LLC lifted its holdings in Hecla Mining by 33.9% during the 4th quarter. Parallel Advisors LLC now owns 2,011 shares of the basic materials company’s stock valued at $39,000 after purchasing an additional 509 shares during the last quarter. Root Financial Partners LLC lifted its holdings in Hecla Mining by 26.9% during the 1st quarter. Root Financial Partners LLC now owns 2,540 shares of the basic materials company’s stock valued at $47,000 after purchasing an additional 538 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its position in Hecla Mining by 74.3% during the fourth quarter. Quadrant Capital Group LLC now owns 1,480 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 631 shares during the period. 63.01% of the stock is owned by institutional investors.
Hecla Mining Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be given a $0.0038 dividend. This represents a $0.01 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Wednesday, August 26th. Hecla Mining’s dividend payout ratio (DPR) is presently 2.04%.
About Hecla Mining
Hecla Mining Company, founded in 1891 and headquartered in Coeur d’Alene, Idaho, is one of the oldest publicly traded precious metals companies in the United States. Originally established to develop the rich silver deposits of the Coeur d’Alene district, Hecla has evolved into a diversified mining enterprise focused on the exploration, development and production of silver and gold, with by-product credits from lead and zinc.
The company’s principal operations are located in North America and Latin America.
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