Pan American Silver Corp. (NASDAQ:PAAS – Get Rating) (TSE:PAAS) – Analysts at Scotiabank reduced their FY2026 earnings per share estimates for Pan American Silver in a report released on Thursday, September 15th. Scotiabank analyst T. Turnbull now expects that the basic materials company will earn $0.89 per share for the year, down from their prior forecast of $1.04. The consensus estimate for Pan American Silver’s current full-year earnings is $0.38 per share.
PAAS has been the subject of a number of other reports. StockNews.com downgraded Pan American Silver from a “hold” rating to a “sell” rating in a report on Wednesday, September 7th. TD Securities decreased their price target on Pan American Silver from $26.00 to $23.00 and set a “buy” rating for the company in a report on Friday, August 12th. National Bank Financial decreased their price target on Pan American Silver from C$39.00 to C$33.00 in a report on Monday, August 15th. TheStreet downgraded Pan American Silver from a “b-” rating to a “c-” rating in a report on Monday, September 12th. Finally, Pi Financial reiterated a “buy” rating on shares of Pan American Silver in a report on Saturday, July 30th. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, Pan American Silver presently has a consensus rating of “Moderate Buy” and an average price target of $32.17.
Pan American Silver Stock Performance
Hedge Funds Weigh In On Pan American Silver
Large investors have recently added to or reduced their stakes in the business. CIBC Asset Management Inc lifted its position in Pan American Silver by 2.1% in the 1st quarter. CIBC Asset Management Inc now owns 278,305 shares of the basic materials company’s stock valued at $7,604,000 after acquiring an additional 5,716 shares in the last quarter. American Trust bought a new position in shares of Pan American Silver during the 4th quarter worth approximately $232,000. Brightlight Capital Management LP lifted its position in shares of Pan American Silver by 68.2% during the 1st quarter. Brightlight Capital Management LP now owns 732,000 shares of the basic materials company’s stock worth $19,984,000 after buying an additional 296,700 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in shares of Pan American Silver by 5.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 79,678 shares of the basic materials company’s stock worth $1,989,000 after buying an additional 3,869 shares in the last quarter. Finally, ETF Managers Group LLC lifted its position in shares of Pan American Silver by 11.7% during the 4th quarter. ETF Managers Group LLC now owns 3,432,092 shares of the basic materials company’s stock worth $85,920,000 after buying an additional 358,482 shares in the last quarter. Institutional investors own 45.21% of the company’s stock.
Pan American Silver Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 2nd. Stockholders of record on Monday, August 22nd were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, August 19th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.05%. Pan American Silver’s dividend payout ratio (DPR) is presently -129.03%.
Pan American Silver Company Profile
Pan American Silver Corp., together with its subsidiaries, engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Argentina, and Bolivia. It holds interests in the La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, San Vicente, Joaquin, Cap-Oeste Sur Este, and Navidad mines.
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