Scotiabank Research Analysts Cut Earnings Estimates for PAAS

Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) – Stock analysts at Scotiabank dropped their Q2 2026 earnings per share estimates for Pan American Silver in a research note issued on Tuesday, July 14th. Scotiabank analyst O. Habib now expects that the basic materials company will post earnings of $0.62 per share for the quarter, down from their prior estimate of $0.69. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Pan American Silver’s current full-year earnings is $4.02 per share. Scotiabank also issued estimates for Pan American Silver’s Q3 2026 earnings at $0.63 EPS and FY2026 earnings at $2.99 EPS.

Other analysts have also issued research reports about the stock. Zacks Research lowered shares of Pan American Silver from a “hold” rating to a “strong sell” rating in a research note on Friday, July 17th. TD Cowen upgraded shares of Pan American Silver from a “hold” rating to a “buy” rating and increased their price objective for the company from $67.00 to $72.00 in a research note on Tuesday, May 12th. Royal Bank Of Canada reissued an “outperform” rating and set a $75.00 price objective on shares of Pan American Silver in a report on Tuesday, April 28th. Wall Street Zen downgraded shares of Pan American Silver from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 12th. Finally, TD Securities upgraded shares of Pan American Silver from a “hold” rating to a “buy” rating and set a $72.00 target price on the stock in a research note on Monday, May 11th. Eight research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Pan American Silver presently has an average rating of “Moderate Buy” and an average target price of $70.43.

Pan American Silver Stock Performance

Shares of PAAS opened at $44.46 on Monday. The firm has a market cap of $18.54 billion, a price-to-earnings ratio of 14.29, a PEG ratio of 3.73 and a beta of 0.72. The company has a quick ratio of 2.11, a current ratio of 2.84 and a debt-to-equity ratio of 0.11. The business’s 50 day moving average is $49.03 and its two-hundred day moving average is $54.33. Pan American Silver has a 52-week low of $26.76 and a 52-week high of $69.99.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last issued its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.03. Pan American Silver had a return on equity of 19.50% and a net margin of 31.66%.The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same quarter last year, the firm earned $0.42 EPS. Pan American Silver’s quarterly revenue was up 49.3% on a year-over-year basis.

Pan American Silver Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were paid a dividend of $0.18 per share. The ex-dividend date was Tuesday, May 19th. This represents a $0.72 annualized dividend and a yield of 1.6%. Pan American Silver’s dividend payout ratio (DPR) is 23.15%.

Hedge Funds Weigh In On Pan American Silver

Hedge funds have recently added to or reduced their stakes in the business. Fifth Third Bancorp raised 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 worth $28,000 after purchasing an additional 481 shares during the period. Parallel Advisors LLC boosted its holdings in shares of Pan American Silver by 151.8% in the 3rd quarter. Parallel Advisors LLC now owns 642 shares of the basic materials company’s stock valued at $25,000 after buying an additional 387 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in shares of Pan American Silver in the 4th quarter valued at about $34,000. Laurel Wealth Advisors LLC acquired a new position in shares of Pan American Silver in the 4th quarter valued at about $41,000. Finally, Harbor Investment Advisory LLC bought a new stake in shares of Pan American Silver during the 1st quarter valued at about $44,000. Institutional investors and hedge funds own 55.43% of the company’s stock.

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.