Q3 EPS Estimate for Pan American Silver Decreased by Analyst

Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) – Stock analysts at National Bank Financial decreased their Q3 2026 earnings estimates for shares of Pan American Silver in a research report issued to clients and investors on Sunday, October 18th. National Bank Financial analyst D. Demarco now forecasts that the basic materials company will post earnings of $0.68 per share for the quarter, down from their prior estimate of $0.82. The consensus estimate for Pan American Silver’s current full-year earnings is $3.38 per share. National Bank Financial also issued estimates for Pan American Silver’s FY2030 earnings at $5.35 EPS.

A number of other analysts have also recently commented on PAAS. Scotiabank reiterated 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 Pan American Silver from $77.00 to $69.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. Royal Bank Of Canada reduced their price target on shares of 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. BMO Capital Markets reiterated a “market perform” rating on shares of Pan American Silver in a research note on Thursday, August 13th. Finally, Jefferies Financial Group dropped their price objective on shares of Pan American Silver from $54.00 to $53.00 and set a “hold” rating on the stock in a report on Monday, July 6th. Seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $67.71.

Pan American Silver Stock Performance

PAAS stock opened at $43.61 on Thursday. 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 has a 1 year low of $33.08 and a 1 year high of $69.99. The company has a market cap of $18.05 billion, a P/E ratio of 13.18, a price-to-earnings-growth ratio of 4.91 and a beta of 0.75. The stock’s fifty day moving average price is $48.45 and its 200-day moving average price is $49.92.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last announced its earnings results on Wednesday, August 12th. The basic materials company reported $0.73 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.11). The company 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%. Pan American Silver’s quarterly revenue was up 38.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.43 earnings per share.

Pan American Silver Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Monday, August 24th were issued a C$0.18 dividend. The ex-dividend date of this dividend was Monday, August 24th. This represents a $0.74 dividend on an annualized basis and a yield of 1.7%. This is an increase from Pan American Silver’s previous quarterly dividend of C$0.18. Pan American Silver’s payout ratio is 22.36%.

Hedge Funds Weigh In On Pan American Silver

Institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. bought a new position in shares of Pan American Silver in the second quarter worth about $375,948,000. Bank of America Corp DE purchased a new stake in shares of Pan American Silver during the second quarter worth about $82,038,000. Edmond DE Rothschild Holding S.A. bought a new stake in Pan American Silver during the 2nd quarter valued at approximately $2,347,000. Danica Pension Livsforsikringsaktieselskab bought a new stake in Pan American Silver during the 2nd quarter valued at approximately $6,277,000. Finally, Groupe la Francaise lifted its holdings in Pan American Silver by 11.8% in the 2nd quarter. Groupe la Francaise now owns 380,000 shares of the basic materials company’s stock worth $17,042,000 after purchasing an additional 40,000 shares in the last quarter. 55.43% of the stock is currently owned by hedge funds and other institutional investors.

About Pan American Silver

Pan American Silver Corp. is a Canada-based precious metals mining company that explores, develops and operates mines producing silver, gold, zinc, lead and other mineral concentrates. Its activities include mine development, mineral processing, exploration and related infrastructure and support services.

Founded in 1994, Pan American Silver has built a portfolio of mining operations and projects across the Americas. The company’s assets have included operations in Mexico, Peru, Bolivia, Argentina, Brazil and Chile, while certain properties in countries such as Guatemala have been placed on care and maintenance or otherwise reassessed over time.