National Bank Financial Estimates PAAS FY2026 Earnings

Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) – National Bank Financial reduced their FY2026 earnings per share estimates for shares of Pan American Silver in a report released on Sunday, October 18th. National Bank Financial analyst D. Demarco now anticipates that the basic materials company will earn $3.52 per share for the year, down from their previous estimate of $3.72. The consensus estimate for Pan American Silver’s current full-year earnings is $3.35 per share. National Bank Financial also issued estimates for Pan American Silver’s Q4 2026 earnings at $1.02 EPS, Q1 2027 earnings at $1.04 EPS, Q2 2027 earnings at $0.98 EPS, Q3 2027 earnings at $0.98 EPS, Q4 2027 earnings at $1.00 EPS, FY2027 earnings at $3.99 EPS, Q1 2028 earnings at $1.59 EPS, Q2 2028 earnings at $1.58 EPS, Q3 2028 earnings at $1.60 EPS, FY2028 earnings at $6.37 EPS and FY2029 earnings at $5.76 EPS.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last posted its quarterly earnings data on Wednesday, August 12th. The basic materials company reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.11). Pan American Silver had a net margin of 32.04% and a return on equity of 20.01%. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter last year, the company earned $0.43 earnings per share. The company’s revenue was up 38.4% compared to the same quarter last year.

A number of other equities research analysts have also issued reports on the stock. Zacks Research upgraded shares of Pan American Silver from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 18th. Jefferies Financial Group lowered their price objective on Pan American Silver from $54.00 to $53.00 and set a “hold” rating for the company in a report on Monday, July 6th. Scotiabank restated an “outperform” rating on shares of Pan American Silver in a research note on Tuesday, July 14th. Weiss Ratings upgraded Pan American Silver from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of Pan American Silver in a report on Thursday, August 13th. Seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $67.71.

Pan American Silver Price Performance

Shares of PAAS stock opened at $41.12 on Friday. The firm has a fifty day moving average of $48.32 and a two-hundred day moving average of $49.82. The firm has a market cap of $17.01 billion, a P/E ratio of 12.42, a P/E/G ratio of 4.88 and a beta of 0.75. Pan American Silver has a 1-year low of $33.08 and a 1-year high of $69.99. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.94 and a quick ratio of 2.23.

Pan American Silver Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Monday, August 24th were issued a C$0.18 dividend. This is an increase from Pan American Silver’s previous quarterly dividend of C$0.18. This represents a $0.74 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Monday, August 24th. Pan American Silver’s dividend payout ratio is 22.36%.

Hedge Funds Weigh In On Pan American Silver

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Fifth Third Bancorp grew its holdings in shares of Pan American Silver by 1,336.1% during the first quarter. Fifth Third Bancorp now owns 517 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 481 shares during the last quarter. NFJ Investment Group LLC bought a new stake in shares of Pan American Silver in the 2nd quarter worth approximately $25,000. Danske Bank A S bought a new stake in shares of Pan American Silver in the 2nd quarter worth approximately $30,000. Harbor Investment Advisory LLC acquired a new position in Pan American Silver during the 1st quarter valued at approximately $44,000. Finally, Paladin Partners LLC acquired a new position in Pan American Silver during the 2nd quarter valued at approximately $40,000. 55.43% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Pan American Silver

Here are the key news stories impacting Pan American Silver this week:

• Positive Sentiment: National Bank Financial slightly raised its FY2030 EPS forecast to $5.35 from $5.34, indicating broadly stable long-term expectations for Pan American Silver.
• Neutral Sentiment: The analyst’s updated forecasts still call for earnings growth from $3.52 per share in FY2026 to $3.99 in FY2027 and $6.37 in FY2028, although each of those estimates was reduced from previous projections. Pan American Silver analyst estimates
• Negative Sentiment: National Bank Financial cut its Q3 2026 EPS forecast to $0.68 from $0.82, a sizable reduction that may weigh on sentiment ahead of the company’s results.
• Negative Sentiment: The firm also lowered FY2026 EPS to $3.52 from $3.72, FY2027 EPS to $3.99 from $4.31, FY2028 EPS to $6.37 from $6.65, and FY2029 EPS to $5.76 from $5.83.
• Negative Sentiment: Quarterly estimates were reduced for Q4 2026, Q1–Q3 2027, and Q1–Q3 2028. The largest later-period cuts were Q3 2027, reduced to $0.98 from $1.08, and Q4 2027, reduced to $1.00 from $1.08.
• Negative Sentiment: Pan American Silver’s shares also declined in the latest session even as the broader market advanced, reflecting company-specific concerns tied to the downward earnings revisions. Pan American Silver stock sinks as market gains

About Pan American Silver

Pan American Silver Corp. is a Canada-based precious metals mining company that explores, develops and operates mines producing silver, gold, zinc, lead and other mineral concentrates. Its activities include mine development, mineral processing, exploration and related infrastructure and support services.

Founded in 1994, Pan American Silver has built a portfolio of mining operations and projects across the Americas. The company’s assets have included operations in Mexico, Peru, Bolivia, Argentina, Brazil and Chile, while certain properties in countries such as Guatemala have been placed on care and maintenance or otherwise reassessed over time.