Southern Copper Corporation (NYSE:SCCO) Receives Average Rating of “Reduce” from Analysts

Posted by Stanley Muller on Aug 28th, 2026

Shares of Southern Copper Corporation (NYSE:SCCO – Get Free Report) have received a consensus recommendation of “Reduce” from the fifteen brokerages that are covering the company, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $146.8402.

SCCO has been the subject of several analyst reports. Zacks Research cut Southern Copper from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. UBS Group reissued a “sell” rating and set a $158.10 target price (up from $143.28) on shares of Southern Copper in a research report on Tuesday, June 30th. JPMorgan Chase & Co. boosted their target price on Southern Copper from $125.49 to $129.94 and gave the stock an “underweight” rating in a research note on Wednesday, June 17th. Weiss Ratings raised Southern Copper from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 28th. Finally, Scotiabank reiterated an “underperform” rating and issued a $138.34 price target (up from $133.40) on shares of Southern Copper in a research note on Monday, June 15th.

Read Our Latest Analysis on SCCO

Insider Buying and Selling at Southern Copper

In other Southern Copper news, Director Bonilla Luis Miguel Palomino sold 202 shares of the business’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $196.79, for a total value of $39,751.28. Following the completion of the transaction, the director directly owned 1,723 shares in the company, valued at approximately $339,066.65. The trade was a 10.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 509 shares of company stock valued at $97,753 over the last ninety days. Insiders own 0.07% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in SCCO. SHP Wealth Management acquired a new stake in Southern Copper in the 4th quarter valued at $25,000. Bell Investment Advisors Inc purchased a new position in Southern Copper in the second quarter valued at about $26,000. Rakuten Securities Inc. acquired a new position in shares of Southern Copper during the second quarter worth about $28,000. Lloyd Advisory Services LLC. purchased a new stake in shares of Southern Copper in the fourth quarter worth about $29,000. Finally, Virtus Advisers LLC purchased a new stake in shares of Southern Copper in the fourth quarter worth about $29,000. 7.94% of the stock is owned by hedge funds and other institutional investors.

Southern Copper Price Performance

Southern Copper stock opened at $216.79 on Friday. The stock has a market cap of $180.87 billion, a P/E ratio of 31.69, a price-to-earnings-growth ratio of 1.83 and a beta of 1.11. The company has a fifty day simple moving average of $184.25 and a 200-day simple moving average of $183.72. Southern Copper has a 12-month low of $92.94 and a 12-month high of $223.88. The company has a current ratio of 5.06, a quick ratio of 4.56 and a debt-to-equity ratio of 0.63.

Southern Copper (NYSE:SCCO – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The basic materials company reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.93 by $0.06. Southern Copper had a net margin of 35.87% and a return on equity of 49.04%. The firm had revenue of $4.29 billion during the quarter, compared to the consensus estimate of $4.37 billion. The company’s revenue was up 40.6% on a year-over-year basis. Equities analysts expect that Southern Copper will post 7.61 EPS for the current fiscal year.

Southern Copper Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Tuesday, August 11th were given a dividend of $1.10 per share. The ex-dividend date was Tuesday, August 11th. This represents a $4.40 dividend on an annualized basis and a yield of 2.0%. This is a boost from Southern Copper’s previous quarterly dividend of $1.00. Southern Copper’s dividend payout ratio (DPR) is 64.33%.

Southern Copper Company Profile

(Get Free Report)

Southern Copper Corporation (NYSE: SCCO) is a large, integrated copper producer whose operations span the full value chain from exploration and mining to smelting, refining and the sale of copper and other metal products. The company produces a range of copper products including copper concentrate and refined cathodes, and recovers valuable byproducts such as molybdenum, silver and zinc. Southern Copper concentrates on high-volume, long-life assets designed to support steady production and processing capabilities.

Southern Copper’s operations are concentrated in Peru and Mexico, where it owns and operates multiple large-scale mining and processing facilities.