Scotiabank Boosts Earnings Estimates for Pan American Silver

Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) – Investment analysts at Scotiabank lifted their FY2026 earnings per share estimates for shares of Pan American Silver in a research report issued on Wednesday, August 19th. Scotiabank analyst O. Habib now expects that the basic materials company will earn $3.21 per share for the year, up from their previous estimate of $2.99. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Pan American Silver’s current full-year earnings is $4.06 per share. Scotiabank also issued estimates for Pan American Silver’s FY2027 earnings at $2.67 EPS.

Other research analysts have also issued research reports about the stock. Wall Street Zen lowered shares of Pan American Silver from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Zacks Research raised shares of Pan American Silver from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 18th. Bank of America reduced their target price on shares of Pan American Silver from $77.00 to $69.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. TD Securities raised shares of Pan American Silver from a “hold” rating to a “buy” rating and set a $72.00 price target for the company in a research report on Monday, May 11th. Finally, Weiss Ratings downgraded shares of Pan American Silver from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 16th. Eight investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $70.43.

Pan American Silver Stock Up 0.9%

Shares of NYSE:PAAS opened at $54.14 on Monday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.94 and a quick ratio of 2.23. The firm has a market capitalization of $22.58 billion, a PE ratio of 16.36, a price-to-earnings-growth ratio of 4.95 and a beta of 0.73. The firm’s 50-day moving average is $46.41 and its two-hundred day moving average is $52.70. Pan American Silver has a 1 year low of $32.32 and a 1 year high of $69.99.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last announced its earnings results 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). The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Pan American Silver had a net margin of 32.04% and a return on equity of 20.01%. The business’s revenue was up 38.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.43 earnings per share.

Hedge Funds Weigh In On Pan American Silver

A number of institutional investors and hedge funds have recently made changes to their positions in PAAS. AQR Capital Management LLC lifted its stake in Pan American Silver by 48.6% in the first quarter. AQR Capital Management LLC now owns 19,529 shares of the basic materials company’s stock worth $504,000 after acquiring an additional 6,391 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Pan American Silver by 574.9% in the 1st quarter. Jones Financial Companies Lllp now owns 19,518 shares of the basic materials company’s stock valued at $504,000 after purchasing an additional 16,626 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Pan American Silver by 31.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,499,343 shares of the basic materials company’s stock valued at $38,728,000 after purchasing an additional 360,283 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of Pan American Silver in the 1st quarter valued at $1,272,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Pan American Silver by 53.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,703 shares of the basic materials company’s stock valued at $48,000 after purchasing an additional 594 shares in the last quarter. 55.43% of the stock is owned by institutional investors and hedge funds.

Pan American Silver Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 24th will be paid a $0.184 dividend. This represents a $0.74 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Monday, August 24th. This is a boost from Pan American Silver’s previous quarterly dividend of $0.18. Pan American Silver’s dividend payout ratio (DPR) is 22.36%.

About Pan American Silver

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.