What is Edison Inv. Res’ Forecast for PAAS FY2027 Earnings?

Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) – Edison Inv. Res dropped their FY2027 earnings per share estimates for shares of Pan American Silver in a research report issued to clients and investors on Monday, October 12th. Edison Inv. Res analyst A. Litvin now forecasts that the basic materials company will post earnings per share of $3.67 for the year, down from their previous estimate of $4.24. The consensus estimate for Pan American Silver’s current full-year earnings is $3.80 per share.

Several other brokerages have also recently issued reports on PAAS. BMO Capital Markets restated a “market perform” rating on shares of Pan American Silver in a report on Thursday, August 13th. Scotiabank reaffirmed an “outperform” rating on shares of Pan American Silver in a research report on Tuesday, July 14th. Bank of America cut their price target on shares of Pan American Silver from $77.00 to $69.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. 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. Finally, Wall Street Zen cut shares of Pan American Silver from a “buy” rating to a “hold” rating in a research report on Saturday, August 15th. Seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.71.

Pan American Silver Stock Down 5.1%

PAAS stock opened at $42.27 on Thursday. The company has a current ratio of 2.94, a quick ratio of 2.23 and a debt-to-equity ratio of 0.11. Pan American Silver has a twelve month low of $33.08 and a twelve month high of $69.99. The company’s 50 day moving average is $49.15 and its two-hundred day moving average is $50.26. The stock has a market cap of $17.49 billion, a P/E ratio of 12.77, a PEG ratio of 4.38 and a beta of 0.75.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last announced its quarterly earnings results on Wednesday, August 12th. The basic materials company reported $0.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.11). The business had revenue of $1.12 billion during the quarter, compared to analyst estimates 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 for the quarter was up 38.4% compared to the same quarter last year. During the same period last year, the company earned $0.43 earnings per share.

Pan American Silver Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Monday, August 24th were given a dividend of C$0.18 per share. This represents a $0.74 annualized dividend and a yield of 1.7%. This is a positive change from Pan American Silver’s previous quarterly dividend of C$0.18. The ex-dividend date of this dividend was Monday, August 24th. Pan American Silver’s dividend payout ratio is presently 22.05%.

Institutional Investors Weigh In On Pan American Silver

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PAAS. RFG Advisory LLC grew its holdings in shares of Pan American Silver by 2.5% in the 1st quarter. RFG Advisory LLC now owns 7,731 shares of the basic materials company’s stock worth $422,000 after acquiring an additional 191 shares during the period. Grand Central Investment Group raised its stake in shares of Pan American Silver by 0.5% during the 1st quarter. Grand Central Investment Group now owns 44,801 shares of the basic materials company’s stock worth $2,447,000 after buying an additional 211 shares during the last quarter. North Star Investment Management Corp. boosted its position in shares of Pan American Silver by 7.8% in the 1st quarter. North Star Investment Management Corp. now owns 3,451 shares of the basic materials company’s stock worth $189,000 after buying an additional 251 shares in the last quarter. Concurrent Investment Advisors LLC boosted its position in shares of Pan American Silver by 4.3% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 10,266 shares of the basic materials company’s stock worth $460,000 after buying an additional 419 shares in the last quarter. Finally, Fifth Third Bancorp boosted its position in shares of Pan American Silver by 1,336.1% in the 1st quarter. Fifth Third Bancorp now owns 517 shares of the basic materials company’s stock worth $28,000 after buying an additional 481 shares in the last quarter. Hedge funds and other institutional investors own 55.43% of the company’s stock.

Pan American Silver Company Profile

Pan American Silver Corp. is a precious metals mining company focused on the exploration, development, and operation of silver and gold mines. The company produces silver, gold, zinc, lead, and copper, with silver and gold representing its principal products.

Founded in 1994, Pan American Silver is headquartered in Vancouver, British Columbia, and has developed a portfolio of mining operations and projects across the Americas. Its activities have included operations in Canada, Mexico, Peru, Bolivia, Argentina, Brazil, and Chile, although its operating portfolio can change as assets are developed, acquired, or divested.