Pan American Silver Corp. (NYSE:PAAS – Free Report) (TSE:PAAS) – Equities researchers at Edison Inv. Res issued their FY2025 earnings per share (EPS) estimates for Pan American Silver in a note issued to investors on Thursday, March 27th. Edison Inv. Res analyst A. Keen forecasts that the basic materials company will earn $0.50 per share for the year. The consensus estimate for Pan American Silver’s current full-year earnings is $1.26 per share.
Several other brokerages have also weighed in on PAAS. TD Securities lowered Pan American Silver from a “buy” rating to a “hold” rating and cut their target price for the stock from $28.00 to $27.00 in a research report on Tuesday, March 11th. StockNews.com lowered shares of Pan American Silver from a “buy” rating to a “hold” rating in a research note on Sunday, December 1st. Royal Bank of Canada raised their price target on Pan American Silver from $28.00 to $30.00 and gave the stock an “outperform” rating in a report on Tuesday, February 11th. Finally, Scotiabank raised their target price on shares of Pan American Silver from $28.00 to $28.50 and gave the stock a “sector outperform” rating in a research note on Tuesday, February 25th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $27.92.
Pan American Silver Trading Down 1.8 %
Shares of NYSE:PAAS opened at $25.95 on Monday. The company has a market cap of $9.40 billion, a PE ratio of 81.11 and a beta of 1.25. The company’s 50 day moving average is $24.45 and its two-hundred day moving average is $22.87. Pan American Silver has a 52 week low of $15.10 and a 52 week high of $27.47. The company has a current ratio of 2.50, a quick ratio of 0.96 and a debt-to-equity ratio of 0.16.
Pan American Silver (NYSE:PAAS – Get Free Report) (TSE:PAAS) last released its earnings results on Wednesday, February 19th. The basic materials company reported $0.35 EPS for the quarter, hitting the consensus estimate of $0.35. Pan American Silver had a return on equity of 6.14% and a net margin of 3.98%. The firm had revenue of $815.10 million during the quarter, compared to analysts’ expectations of $805.20 million.
Institutional Trading of Pan American Silver
Hedge funds have recently added to or reduced their stakes in the business. Norges Bank purchased a new stake in Pan American Silver in the fourth quarter valued at approximately $91,916,000. FMR LLC raised its holdings in Pan American Silver by 1,834.8% in the third quarter. FMR LLC now owns 1,344,991 shares of the basic materials company’s stock valued at $28,084,000 after buying an additional 1,275,475 shares during the period. Jupiter Asset Management Ltd. acquired a new position in Pan American Silver during the fourth quarter valued at approximately $24,083,000. Hsbc Holdings PLC grew its stake in Pan American Silver by 661.2% during the fourth quarter. Hsbc Holdings PLC now owns 1,307,617 shares of the basic materials company’s stock worth $26,300,000 after buying an additional 1,135,839 shares during the period. Finally, Renaissance Technologies LLC raised its stake in shares of Pan American Silver by 110.0% in the 4th quarter. Renaissance Technologies LLC now owns 1,498,246 shares of the basic materials company’s stock valued at $30,295,000 after acquiring an additional 784,906 shares during the period. 55.43% of the stock is owned by institutional investors and hedge funds.
Pan American Silver Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, March 3rd were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date was Monday, March 3rd. Pan American Silver’s dividend payout ratio is presently 125.00%.
Pan American Silver Company Profile
Pan American Silver Corp. engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil. The company was formerly known as Pan American Minerals Corp. and changed its name to Pan American Silver Corp.
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