Q2 EPS Forecast for Pan American Silver Increased by Analyst

Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) – Scotiabank raised their Q2 2026 earnings per share (EPS) estimates for shares of Pan American Silver in a research report issued to clients and investors on Monday, May 11th. Scotiabank analyst O. Habib now anticipates that the basic materials company will earn $0.69 per share for the quarter, up from their prior forecast of $0.64. Scotiabank has a “Outperform” rating and a $64.00 price objective on the stock. The consensus estimate for Pan American Silver’s current full-year earnings is $4.50 per share. Scotiabank also issued estimates for Pan American Silver’s Q3 2026 earnings at $0.69 EPS, Q4 2026 earnings at $0.65 EPS, FY2026 earnings at $3.09 EPS, Q2 2027 earnings at $0.55 EPS, FY2027 earnings at $2.23 EPS, Q1 2028 earnings at $0.58 EPS, FY2028 earnings at $2.32 EPS, FY2029 earnings at $2.20 EPS and FY2030 earnings at $1.70 EPS.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last released its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $1.09 earnings per share for the quarter, topping 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 $1.15 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the prior year, the firm posted $0.42 EPS. The business’s revenue was up 49.3% on a year-over-year basis.

PAAS has been the subject of a number of other research reports. TD Cowen raised Pan American Silver from a “hold” rating to a “buy” rating and upped their price target for the stock from $67.00 to $72.00 in a research report on Tuesday. Zacks Research downgraded Pan American Silver from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of Pan American Silver in a report on Tuesday. Jefferies Financial Group cut their price objective on Pan American Silver from $58.00 to $54.00 and set a “hold” rating for the company in a report on Wednesday, January 21st. Finally, Wall Street Zen downgraded Pan American Silver from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 10th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Pan American Silver has a consensus rating of “Moderate Buy” and an average target price of $68.00.

Pan American Silver Trading Down 4.0%

NYSE:PAAS opened at $61.13 on Friday. Pan American Silver has a twelve month low of $22.17 and a twelve month high of $69.99. 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 has a 50 day moving average price of $56.09 and a two-hundred day moving average price of $52.57. The company has a market cap of $25.76 billion, a P/E ratio of 19.66, a price-to-earnings-growth ratio of 0.52 and a beta of 0.65.

Institutional Investors Weigh In On Pan American Silver

Several hedge funds have recently added to or reduced their stakes in PAAS. AQR Capital Management LLC lifted its holdings in Pan American Silver by 48.6% during the 1st quarter. AQR Capital Management LLC now owns 19,529 shares of the basic materials company’s stock valued at $504,000 after purchasing an additional 6,391 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in Pan American Silver by 574.9% during 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. lifted its holdings in Pan American Silver by 31.6% during 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 during the last quarter. Empowered Funds LLC acquired a new stake in Pan American Silver during the 1st quarter valued at $1,272,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in Pan American Silver by 53.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,703 shares of the basic materials company’s stock worth $48,000 after buying an additional 594 shares during the period. Institutional investors and hedge funds own 55.43% of the company’s stock.

Pan American Silver Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, May 19th. This represents a $0.72 annualized dividend and a yield of 1.2%. Pan American Silver’s dividend payout ratio (DPR) is currently 23.15%.

Trending Headlines about Pan American Silver

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

• Positive Sentiment: Scotiabank kept an Outperform rating on Pan American Silver (NYSE: PAAS) and raised several earnings forecasts, reinforcing a bullish outlook. Pan American Silver analyst coverage
• Positive Sentiment: National Bank Financial lifted estimates across multiple quarters and years, including materially higher FY2027, FY2028 and FY2030 EPS projections for Pan American Silver. Pan American Silver analyst coverage
• Positive Sentiment: Edison Investment Research increased FY2026 and FY2027 earnings estimates, adding to the broader sentiment that profitability could improve more than previously expected. Pan American Silver analyst coverage
• Negative Sentiment: Recent commentary also pointed to pressure from softer silver prices and operational-risk headlines in Mexico, which can weigh on miner sentiment even when analyst outlooks improve. Silver price and Mexico risk article

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.