NYSE:ERO Ero Copper (ERO) Stock Forecast, Price & News $18.52 -0.07 (-0.38%) (As of 05/18/2023 ET) Add Compare Share Share Today's Range$18.20▼$18.6050-Day Range$15.40▼$20.6452-Week Range$8.07▼$20.99Volume57,068 shsAverage Volume106,945 shsMarket Capitalization$1.71 billionP/E Ratio23.15Dividend YieldN/APrice Target$22.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Ero Copper MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside18.8% Upside$22.00 Price TargetShort InterestHealthy1.15% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.22Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth45.19%From $1.35 to $1.96 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.34 out of 5 starsBasic Materials Sector74th out of 162 stocksPrivate Households Industry2nd out of 5 stocks 2.0 Analyst's Opinion Consensus RatingEro Copper has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.00, Ero Copper has a forecasted upside of 18.8% from its current price of $18.52.Amount of Analyst CoverageEro Copper has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.15% of the float of Ero Copper has been sold short.Short Interest Ratio / Days to CoverEro Copper has a short interest ratio ("days to cover") of 8.2.Change versus previous monthShort interest in Ero Copper has recently decreased by 7.47%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldEro Copper does not currently pay a dividend.Dividend GrowthEro Copper does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ERO. Previous Next 4.0 News and Social Media Coverage News SentimentEro Copper has a news sentiment score of 1.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.35 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Ero Copper this week, compared to 2 articles on an average week.Search Interest3 people have searched for ERO on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows4 people have added Ero Copper to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ero Copper insiders have not sold or bought any company stock.Percentage Held by Institutions47.09% of the stock of Ero Copper is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Ero Copper are expected to grow by 45.19% in the coming year, from $1.35 to $1.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ero Copper is 23.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Ero Copper is 23.15, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 95.14.Price to Book Value per Share RatioEro Copper has a P/B Ratio of 3.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ero Copper (NYSE:ERO) StockEro Copper Corp. engages in the exploration, development, and mining of mineral properties in Brazil. It also produces and sells copper, gold, silver products. The company was founded on May 16, 2016 and is headquartered in Vancouver, Canada.Read More Receive ERO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ero Copper and its competitors with MarketBeat's FREE daily newsletter. Email Address ERO Stock News HeadlinesMay 18, 2023 | americanbankingnews.comEro Copper Corp. (NYSE:ERO) Sees Large Decline in Short InterestMay 12, 2023 | finance.yahoo.comEro Copper Files Technical Report for the Xavantina OperationsMay 18, 2023 | Behind the Markets (Ad)[BREAKING] Small Firm Develops World's First Anti-Aircraft LaserSmall cap wins $1.65 billion contract to make them. GlobeNewswire says this is a $51.1 Billion market by 2026. See why this stock could soar 2,476% >>>May 11, 2023 | seekingalpha.comEro Copper Corp. 2023 Q1 - Results - Earnings Call PresentationMay 9, 2023 | msn.comEro Copper Non-GAAP EPS of $0.24, revenue of $101M misses by $0.16MMay 6, 2023 | americanbankingnews.comBrokers Set Expectations for Ero Copper Corp.'s Q1 2023 Earnings (NYSE:ERO)May 6, 2023 | americanbankingnews.comEro Copper (ERO) to Release Quarterly Earnings on MondayMay 1, 2023 | finance.yahoo.comEro Copper (TSE:ERO) Is Looking To Continue Growing Its Returns On CapitalMay 18, 2023 | Behind the Markets (Ad)[BREAKING] Small Firm Develops World's First Anti-Aircraft LaserSmall cap wins $1.65 billion contract to make them. GlobeNewswire says this is a $51.1 Billion market by 2026. See why this stock could soar 2,476% >>>April 30, 2023 | americanbankingnews.comBrokers Issue Forecasts for Ero Copper Corp.'s Q1 2023 Earnings (NYSE:ERO)April 22, 2023 | americanbankingnews.comEro Copper Corp. Forecasted to Earn FY2024 Earnings of $1.80 Per Share (NYSE:ERO)April 21, 2023 | theglobeandmail.comClosing Bell: Ero Copper Corp down on Friday (ERO)April 20, 2023 | finance.yahoo.comSurging Earnings Estimates Signal Upside for Ero Copper Corp. (ERO) StockApril 19, 2023 | americanbankingnews.comResearch Analysts Set Expectations for Ero Copper Corp.'s Q1 2023 Earnings (NYSE:ERO)April 18, 2023 | markets.businessinsider.comWheaton Precious Metals (WPM): New Buy Recommendation for This Basic Materials GiantApril 13, 2023 | americanbankingnews.comEro Copper Corp. (NYSE:ERO) Expected to Post Q1 2023 Earnings of $0.13 Per ShareApril 11, 2023 | finance.yahoo.comEro Copper to Release First Quarter 2023 Financial and Operating Results on May 8, 2023April 8, 2023 | americanbankingnews.comEro Copper (NYSE:ERO) Trading Up 3.8%April 6, 2023 | markets.businessinsider.comBarclays Releases a Hold Rating on Ero Copper (ERO)April 6, 2023 | finanznachrichten.deEro Copper Corp.: Ero Copper Demonstrates Significant Near-Term Growth in Updated 5-Year OutlookApril 5, 2023 | finance.yahoo.comEro Copper Demonstrates Significant Near-Term Growth in Updated 5-Year OutlookApril 4, 2023 | americanbankingnews.comQ1 2023 Earnings Forecast for Ero Copper Corp. (NYSE:ERO) Issued By CormarkApril 1, 2023 | benzinga.comRaymond James Maintains Outperform on Ero Copper, Raises Price Target to C$25March 31, 2023 | americanbankingnews.comEro Copper Corp. (NYSE:ERO) Expected to Post Q3 2023 Earnings of $0.37 Per ShareMarch 31, 2023 | americanbankingnews.comQ1 2023 Earnings Estimate for Ero Copper Corp. Issued By Raymond James (NYSE:ERO)March 29, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Ero Copper Corp. Boosted by Analyst (NYSE:ERO)March 28, 2023 | finance.yahoo.comEro Copper Announces 18% Increase in Mineral Reserves and Extension of Mine Life to 6 Years at the Xavantina OperationsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ERO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ero Copper and its competitors with MarketBeat's FREE daily newsletter. Email Address ERO Company Calendar Last Earnings3/07/2023Today5/18/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Private households Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:ERO CUSIPN/A CIK1853860 Webwww.erocopper.com Phone(604) 449-9244Fax604-398-3767Employees2,864Year FoundedN/APrice Target and Rating Average Stock Price Forecast$22.00 High Stock Price Forecast$22.00 Low Stock Price Forecast$22.00 Forecasted Upside/Downside+18.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.80 Trailing P/E Ratio23.15 Forward P/E Ratio13.72 P/E GrowthN/ANet Income$101.83 million Net Margins17.65% Pretax Margin29.64% Return on Equity14.30% Return on Assets6.41% Debt Debt-to-Equity Ratio0.75 Current Ratio3.04 Quick Ratio2.80 Sales & Book Value Annual Sales$426.40 million Price / Sales4.02 Cash Flow$1.40 per share Price / Cash Flow13.20 Book Value$5.88 per share Price / Book3.15Miscellaneous Outstanding Shares92,550,000Free FloatN/AMarket Cap$1.71 billion OptionableNot Optionable Beta0.99 Key ExecutivesDavid StrangChief Executive Officer & Non-Independent DirectorMakko DeFilippoPresidentAnthea BathChief Operating OfficerWayne DrierChief Financial OfficerDeepk HundalSecretary, Senior Vice President & General CounselKey CompetitorsTronoxNYSE:TROXFirst Majestic SilverNYSE:AGGreen PlainsNASDAQ:GPRESandstorm GoldNYSE:SANDCompañía de Minas Buenaventura S.A.A.NYSE:BVNView All CompetitorsInstitutional OwnershipJPMorgan Chase & Co.Sold 68,531 shares on 5/18/2023Ownership: 0.215%Impala Asset Management LLCBought 207,220 shares on 5/17/2023Ownership: 1.227%Alberta Investment Management CorpBought 78,600 shares on 5/16/2023Ownership: 0.085%Jane Street Group LLCBought 55,250 shares on 5/16/2023Ownership: 0.060%HBK Sorce Advisory LLCSold 65,508 shares on 5/16/2023Ownership: 0.026%View All Institutional Transactions ERO Stock - Frequently Asked Questions Should I buy or sell Ero Copper stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ero Copper in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" ERO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ERO, but not buy additional shares or sell existing shares. View ERO analyst ratings or view top-rated stocks. What is Ero Copper's stock price forecast for 2023? 1 Wall Street analysts have issued 12-month price targets for Ero Copper's shares. Their ERO share price forecasts range from $22.00 to $22.00. On average, they anticipate the company's share price to reach $22.00 in the next twelve months. This suggests a possible upside of 18.8% from the stock's current price. View analysts price targets for ERO or view top-rated stocks among Wall Street analysts. How have ERO shares performed in 2023? Ero Copper's stock was trading at $13.75 at the beginning of 2023. Since then, ERO stock has increased by 34.7% and is now trading at $18.52. View the best growth stocks for 2023 here. Are investors shorting Ero Copper? Ero Copper saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 914,000 shares, a drop of 7.5% from the April 15th total of 987,800 shares. Based on an average daily volume of 111,800 shares, the short-interest ratio is presently 8.2 days. Currently, 1.2% of the shares of the company are short sold. View Ero Copper's Short Interest. When is Ero Copper's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our ERO earnings forecast. How were Ero Copper's earnings last quarter? Ero Copper Corp. (NYSE:ERO) announced its quarterly earnings results on Tuesday, March, 7th. The company reported $0.24 EPS for the quarter, missing analysts' consensus estimates of $0.29 by $0.05. The business earned $116.70 million during the quarter, compared to analyst estimates of $103 million. Ero Copper had a net margin of 17.65% and a trailing twelve-month return on equity of 14.30%. What is Ero Copper's stock symbol? Ero Copper trades on the New York Stock Exchange (NYSE) under the ticker symbol "ERO." Who are Ero Copper's major shareholders? Ero Copper's stock is owned by many different retail and institutional investors. Top institutional shareholders include GMT Capital Corp (7.21%), FIL Ltd (4.88%), Jennison Associates LLC (3.50%), American Century Companies Inc. (2.80%), Ninety One UK Ltd (2.31%) and Mirae Asset Global Investments Co. Ltd. (2.10%). How do I buy shares of Ero Copper? Shares of ERO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Ero Copper's stock price today? One share of ERO stock can currently be purchased for approximately $18.52. How much money does Ero Copper make? Ero Copper (NYSE:ERO) has a market capitalization of $1.71 billion and generates $426.40 million in revenue each year. The company earns $101.83 million in net income (profit) each year or $0.80 on an earnings per share basis. How many employees does Ero Copper have? The company employs 2,864 workers across the globe. How can I contact Ero Copper? Ero Copper's mailing address is 625 Howe Street Suite 1050, Vancouver A1, V6C 2T6. The official website for the company is www.erocopper.com. The company can be reached via phone at (604) 449-9244, via email at info@erocopper.com, or via fax at 604-398-3767. This page (NYSE:ERO) was last updated on 5/18/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ero Copper Corp. 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