Southern Copper Corporation (NYSE:SCCO) Given Average Recommendation of “Reduce” by Analysts

Posted by Brian Himes on Jul 27th, 2026

Southern Copper Corporation (NYSE:SCCO – Get Free Report) has been given a consensus rating of “Reduce” by the fifteen ratings firms that are currently covering the firm, Marketbeat reports. Seven equities research analysts have rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $148.6022.

Several research analysts have weighed in on SCCO shares. UBS Group restated a “sell” rating and set a $160.00 target price (up from $145.00) on shares of Southern Copper in a research report on Tuesday, June 30th. JPMorgan Chase & Co. upped their price target on Southern Copper from $127.00 to $131.50 and gave the stock an “underweight” rating in a report on Wednesday, June 17th. Citigroup reaffirmed a “positive” rating on shares of Southern Copper in a report on Wednesday, July 15th. Barclays set a $166.00 target price on Southern Copper and gave the company an “underweight” rating in a report on Thursday. Finally, Weiss Ratings downgraded Southern Copper from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, July 8th.

View Our Latest Analysis on Southern Copper

Insider Transactions at Southern Copper

In other Southern Copper news, Director Bonilla Luis Miguel Palomino sold 200 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $177.82, for a total value of $35,564.00. Following the sale, the director owned 1,807 shares of the company’s stock, valued at $321,320.74. This represents a 9.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 404 shares of company stock worth $74,108 in the last ninety days. Insiders own 0.07% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of SCCO. Royal Bank of Canada raised its position in shares of Southern Copper by 42.1% during the 1st quarter. Royal Bank of Canada now owns 44,879 shares of the basic materials company’s stock worth $4,194,000 after purchasing an additional 13,293 shares during the last quarter. Empowered Funds LLC grew its holdings in Southern Copper by 17.9% during the 1st quarter. Empowered Funds LLC now owns 6,705 shares of the basic materials company’s stock valued at $627,000 after buying an additional 1,020 shares during the last quarter. Focus Partners Wealth grew its holdings in Southern Copper by 21.5% during the 1st quarter. Focus Partners Wealth now owns 5,944 shares of the basic materials company’s stock valued at $556,000 after buying an additional 1,052 shares during the last quarter. First Trust Advisors LP increased its position in Southern Copper by 37.4% during the second quarter. First Trust Advisors LP now owns 73,379 shares of the basic materials company’s stock worth $7,424,000 after buying an additional 19,957 shares in the last quarter. Finally, Baird Financial Group Inc. increased its position in Southern Copper by 17.7% during the second quarter. Baird Financial Group Inc. now owns 4,864 shares of the basic materials company’s stock worth $492,000 after buying an additional 731 shares in the last quarter. 7.94% of the stock is owned by hedge funds and other institutional investors.

Southern Copper Price Performance

Southern Copper stock opened at $179.69 on Monday. Southern Copper has a one year low of $88.73 and a one year high of $223.88. The company has a debt-to-equity ratio of 0.57, a quick ratio of 3.89 and a current ratio of 4.38. The business has a fifty day moving average of $180.76 and a two-hundred day moving average of $183.60. The company has a market cap of $148.44 billion, a P/E ratio of 26.27, a price-to-earnings-growth ratio of 1.54 and a beta of 1.11.

Shares of Southern Copper are set to split on Tuesday, August 11th. The 1.012-1 split was recently announced. The newly issued shares will be payable to shareholders after the closing bell on Monday, August 10th.

Southern Copper (NYSE:SCCO – Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The basic materials company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.95 by $0.06. The business had revenue of $4.29 billion for the quarter, compared to analysts’ expectations of $4.37 billion. Southern Copper had a net margin of 35.87% and a return on equity of 50.74%. The firm’s revenue for the quarter was up 40.6% on a year-over-year basis. As a group, analysts predict that Southern Copper will post 7.63 earnings per share for the current fiscal year.

Southern Copper Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Tuesday, August 11th will be given a dividend of $1.10 per share. The ex-dividend date is Tuesday, August 11th. This is an increase from Southern Copper’s previous quarterly dividend of $1.00. This represents a $4.40 dividend on an annualized basis and a yield of 2.4%. Southern Copper’s dividend payout ratio (DPR) is presently 58.48%.

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.