Southern Copper (SCCO) Stock Price, News & Analysis

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southern Copper in the last twelve months. There are currently 4 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "strong sell" SCCO shares.
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7 Wall Street research analysts have issued twelve-month price objectives for Southern Copper's shares. Their SCCO share price targets range from $51.00 to $91.00. On average, they predict the company's stock price to reach $63.94 in the next twelve months. This suggests that the stock has a possible downside of 25.7%.
View analysts price targets for SCCO or view top-rated stocks among Wall Street analysts.

Southern Copper's stock was trading at $60.39 at the beginning of the year. Since then, SCCO shares have increased by 42.5% and is now trading at $86.07.
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The company is scheduled to release its next quarterly earnings announcement on Friday, February 2nd 2024.
View our SCCO earnings forecast.

Southern Copper Co. (NYSE:SCCO) issued its quarterly earnings results on Tuesday, October, 24th. The basic materials company reported $0.80 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.08. The basic materials company earned $2.51 billion during the quarter, compared to analysts' expectations of $2.49 billion. Southern Copper had a net margin of 27.66% and a trailing twelve-month return on equity of 35.91%.

Southern Copper declared a quarterly dividend on Thursday, October 19th. Stockholders of record on Wednesday, November 8th will be paid a dividend of $1.00 per share on Wednesday, November 22nd. This represents a $4.00 dividend on an annualized basis and a yield of 4.65%. The ex-dividend date is Tuesday, November 7th.
Read our dividend analysis for SCCO.

Southern Copper (NYSE:SCCO) pays an annual dividend of $4.00 per share and currently has a dividend yield of 4.65%. SCCO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 107.24%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, SCCO will have a dividend payout ratio of 114.29% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for SCCO.

ETFs with the largest weight of Southern Copper (NYSE:SCCO) stock in their portfolio include iShares MSCI Peru and Global Exposure ETF (EPU), Optica Rare Earths & Critical Materials ETF (CRIT), Carbon Collective Climate Solutions U.S. Equity ETF (CCSO), Global X Copper Miners ETF (COPX), Global X Disruptive Materials ETF (DMAT), iShares Copper and Metals Mining ETF (ICOP), Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH) and iShares Frontier and Select EM ETF (FM).

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).

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.
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