FY2026 EPS Forecast for Nexa Resources Increased by Analyst

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

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

A number of other research analysts also recently weighed in on NEXA. Morgan Stanley upgraded Nexa Resources from an “underweight” rating to an “equal weight” rating in a report on Thursday, April 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nexa Resources in a report on Wednesday, April 22nd. JPMorgan Chase & Co. lifted their price target on Nexa Resources from $7.00 to $7.50 and gave the company a “neutral” rating in a report on Thursday, February 26th. Zacks Research upgraded Nexa Resources from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Finally, Wall Street Zen raised Nexa Resources from a “buy” rating to a “strong-buy” rating in a research report on Sunday, March 1st. One investment analyst has rated the stock with a Strong Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Nexa Resources presently has a consensus rating of “Hold” and a consensus price target of $9.74.

Nexa Resources Stock Performance

Shares of NEXA stock opened at $15.69 on Friday. Nexa Resources has a 1-year low of $4.44 and a 1-year high of $16.89. The company has a current ratio of 0.85, a quick ratio of 0.54 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $2.08 billion, a price-to-earnings ratio of 9.93, a P/E/G ratio of 0.21 and a beta of 0.90. The stock’s fifty day simple moving average is $12.45 and its 200-day simple moving average is $10.43.

Nexa Resources Announces Dividend

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

Hedge Funds Weigh In On Nexa Resources

Several large investors have recently made changes to their positions in the business. Entropy Technologies LP acquired a new position in shares of Nexa Resources during the 1st quarter worth about $260,000. Renaissance Technologies LLC lifted its position in shares of Nexa Resources by 3.2% during the 1st quarter. Renaissance Technologies LLC now owns 879,872 shares of the company’s stock worth $9,318,000 after purchasing an additional 27,072 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Nexa Resources by 67.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 329,346 shares of the company’s stock worth $3,488,000 after purchasing an additional 133,222 shares during the last quarter. Walleye Capital LLC lifted its position in shares of Nexa Resources by 33.6% during the 1st quarter. Walleye Capital LLC now owns 698,458 shares of the company’s stock worth $7,397,000 after purchasing an additional 175,477 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Nexa Resources by 47.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,292,701 shares of the company’s stock worth $13,684,000 after purchasing an additional 414,474 shares during the last quarter.

Nexa Resources Company Profile

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.