
Pan American Silver Corp. (NYSE:PAAS – Free Report) (TSE:PAAS) – Research analysts at Scotiabank decreased their Q1 2027 earnings estimates for Pan American Silver in a research report issued on Monday, April 13th. Scotiabank analyst O. Habib now forecasts that the basic materials company will post earnings of $0.55 per share for the quarter, down from their prior forecast of $0.56. Scotiabank currently has a “Outperform” rating and a $64.00 target price on the stock. The consensus estimate for Pan American Silver’s current full-year earnings is $1.26 per share. Scotiabank also issued estimates for Pan American Silver’s Q3 2027 earnings at $0.54 EPS, Q4 2027 earnings at $0.54 EPS, FY2027 earnings at $2.17 EPS and FY2030 earnings at $1.68 EPS.
A number of other equities research analysts have also commented on the company. Zacks Research upgraded Pan American Silver from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 24th. Jefferies Financial Group dropped their target price on Pan American Silver from $58.00 to $54.00 and set a “hold” rating on the stock in a research report on Wednesday, January 21st. Wall Street Zen upgraded Pan American Silver from a “buy” rating to a “strong-buy” rating in a research report on Sunday, February 22nd. Canadian Imperial Bank of Commerce set a $88.00 target price on Pan American Silver and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Pan American Silver in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $56.60.
Pan American Silver Price Performance
Shares of PAAS opened at $58.14 on Wednesday. The company’s fifty day moving average price is $57.53 and its 200-day moving average price is $50.00. The firm has a market capitalization of $24.50 billion, a PE ratio of 23.26, a price-to-earnings-growth ratio of 0.47 and a beta of 0.75. Pan American Silver has a 1-year low of $22.08 and a 1-year high of $69.99. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.69 and a quick ratio of 1.97.
Pan American Silver (NYSE:PAAS – Get Free Report) (TSE:PAAS) last announced its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.21. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.11 billion. Pan American Silver had a net margin of 27.07% and a return on equity of 16.38%. The business’s quarterly revenue was up 44.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.35 earnings per share.
Pan American Silver Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Monday, March 2nd were given a $0.18 dividend. The ex-dividend date was Monday, March 2nd. This represents a $0.72 annualized dividend and a yield of 1.2%. This is a boost from Pan American Silver’s previous quarterly dividend of $0.14. Pan American Silver’s payout ratio is currently 28.80%.
Institutional Investors Weigh In On Pan American Silver
Hedge funds have recently modified their holdings of the company. Knights of Columbus Asset Advisors LLC boosted its stake in shares of Pan American Silver by 176.9% during the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 114,780 shares of the basic materials company’s stock worth $4,445,000 after acquiring an additional 73,326 shares in the last quarter. J. Safra Sarasin Holding AG boosted its stake in shares of Pan American Silver by 117.9% during the 3rd quarter. J. Safra Sarasin Holding AG now owns 43,946 shares of the basic materials company’s stock worth $1,702,000 after acquiring an additional 23,780 shares in the last quarter. Hollencrest Capital Management boosted its stake in shares of Pan American Silver by 214.3% during the 3rd quarter. Hollencrest Capital Management now owns 121,633 shares of the basic materials company’s stock worth $4,711,000 after acquiring an additional 82,932 shares in the last quarter. Campbell & CO Investment Adviser LLC lifted its position in shares of Pan American Silver by 363.2% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 151,801 shares of the basic materials company’s stock valued at $5,879,000 after buying an additional 119,028 shares in the last quarter. Finally, Ninety One UK Ltd lifted its position in shares of Pan American Silver by 3.1% during the 3rd quarter. Ninety One UK Ltd now owns 2,155,252 shares of the basic materials company’s stock valued at $83,473,000 after buying an additional 65,592 shares in the last quarter. 55.43% of the stock is owned by hedge funds and other institutional investors.
Pan American Silver Company Profile
Pan American Silver Corp. (NYSE: PAAS) is a Vancouver-based mining company and one of the world’s largest primary silver producers. The company’s core activities encompass the exploration, development, extraction and processing of silver, with significant by-product production of gold, zinc and lead. Pan American Silver maintains a vertically integrated operating model, covering the full mining value chain from resource discovery through to refined metal production.
With a geographic footprint concentrated across the Americas, Pan American Silver operates multiple mines in Mexico, Peru, Argentina and Bolivia, and is advancing several development and exploration projects in Chile and Ecuador.
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