Q1 EPS Forecast for Pan American Silver Reduced by Analyst

Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) – Research analysts at Scotiabank reduced their Q1 2027 earnings per share (EPS) estimates for shares of Pan American Silver in a report released on Monday, September 21st. Scotiabank analyst O. Habib now expects that the basic materials company will post earnings of $0.67 per share for the quarter, down from their previous estimate of $0.68. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Pan American Silver’s current full-year earnings is $3.81 per share. Scotiabank also issued estimates for Pan American Silver’s Q1 2028 earnings at $0.58 EPS, Q2 2028 earnings at $0.58 EPS, FY2028 earnings at $2.29 EPS, FY2029 earnings at $2.06 EPS and FY2030 earnings at $1.70 EPS.

Other research analysts have also recently issued research reports about the company. Royal Bank Of Canada cut their price objective on Pan American Silver from $65.00 to $56.00 and set an “outperform” rating for the company in a research report on Wednesday, September 16th. Weiss Ratings lowered shares of Pan American Silver from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th. 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 cut their price target on shares of Pan American Silver from $77.00 to $69.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Pan American Silver in a research note on Thursday, August 13th. Seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $67.71.

Pan American Silver Stock Down 1.2%

Pan American Silver stock opened at $44.94 on Thursday. The stock’s 50 day moving average price is $49.01 and its 200 day moving average price is $50.64. Pan American Silver has a 1-year low of $33.08 and a 1-year high of $69.99. The company has a market cap of $18.60 billion, a PE ratio of 13.58, a price-to-earnings-growth ratio of 4.47 and a beta of 0.75. 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 (NYSE:PAAS) (TSE:PAAS) last issued its 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 for the quarter, compared to analysts’ expectations of $1.16 billion. Pan American Silver had a return on equity of 20.01% and a net margin of 32.04%.The business’s quarterly revenue was up 38.4% on a year-over-year basis. During the same period last year, the company posted $0.43 earnings per share.

Pan American Silver Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Monday, August 24th were given a C$0.18 dividend. The ex-dividend date was Monday, August 24th. This represents a $0.74 annualized dividend and a dividend yield of 1.6%. This is a boost from Pan American Silver’s previous quarterly dividend of C$0.18. Pan American Silver’s payout ratio is presently 22.36%.

Institutional Trading of Pan American Silver

Several institutional investors and hedge funds have recently modified their holdings of the business. Andra AP fonden grew its position in shares of Pan American Silver by 33.9% in the second quarter. Andra AP fonden now owns 252,245 shares of the basic materials company’s stock valued at $11,298,000 after purchasing an additional 63,800 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in shares of Pan American Silver by 5.6% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 10,997 shares of the basic materials company’s stock worth $493,000 after purchasing an additional 585 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in Pan American Silver by 34.3% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 16,199 shares of the basic materials company’s stock valued at $726,000 after buying an additional 4,136 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Pan American Silver by 871.7% in the 2nd quarter. NewEdge Advisors LLC now owns 229,888 shares of the basic materials company’s stock valued at $10,297,000 after buying an additional 206,230 shares in the last quarter. Finally, Spark Investment Management LLC acquired a new stake in Pan American Silver during the 2nd quarter valued at $582,000. Hedge funds and other institutional investors own 55.43% of the company’s stock.

Key Pan American Silver News

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

• Positive Sentiment: National Bank Financial raised its FY2027 EPS forecast to $4.31 from $4.15 and increased its FY2028 estimate to $6.65 from $6.45. It also lifted several quarterly forecasts, including Q1 2027 to $1.06 and Q2-Q4 2027 to $1.08 each, suggesting stronger expected earnings momentum. Pan American Silver analyst estimates
• Positive Sentiment: Scotiabank increased its Q3 2026 EPS estimate to $0.71 from $0.67 and its Q4 2026 forecast to $0.78 from $0.74. The bank maintained its “Outperform” rating, indicating it remains constructive despite other estimate changes. Pan American Silver analyst estimates
• Neutral Sentiment: Analyst views are divided: National Bank Financial lowered its Q3 2026 estimate to $0.82 from $0.87, while Scotiabank raised its full-year 2026 forecast to $3.27 from $3.21. The differing outlooks may contribute to near-term volatility.
• Negative Sentiment: Scotiabank cut its Q1 2027 and Q2 2028 EPS estimates to $0.67 and $0.58, respectively, and reduced FY2028, FY2029 and FY2030 forecasts to $2.29, $2.06 and $1.70. Those figures were lowered from $2.73, $2.68 and $2.18 for the respective annual periods, signaling weaker expected long-term profitability and likely weighing on the shares.

About Pan American Silver

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.