Scotiabank Has Optimistic View of MAG Silver FY2026 Earnings

MAG Silver Corp. (NYSEAMERICAN:MAG) – Analysts at Scotiabank raised their FY2026 earnings estimates for shares of MAG Silver in a report issued on Sunday, April 13th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $0.52 for the year, up from their previous estimate of $0.48. Scotiabank currently has a “Sector Outperform” rating and a $18.50 target price on the stock. The consensus estimate for MAG Silver’s current full-year earnings is $0.73 per share.

Several other brokerages also recently issued reports on MAG. Raymond James reissued an “outperform” rating on shares of MAG Silver in a research note on Tuesday, March 25th. Roth Mkm decreased their price target on shares of MAG Silver from $16.50 to $16.00 and set a “neutral” rating for the company in a report on Tuesday, March 25th. TD Securities upgraded shares of MAG Silver to a “strong-buy” rating in a research note on Monday, March 10th. Roth Capital set a $16.00 target price on shares of MAG Silver in a research note on Tuesday, March 25th. Finally, HC Wainwright boosted their price target on shares of MAG Silver from $21.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday, March 25th. Four analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, MAG Silver has a consensus rating of “Moderate Buy” and an average target price of $18.60.

MAG Silver Stock Up 1.5 %

MAG opened at $16.00 on Wednesday. MAG Silver has a 12-month low of $11.29 and a 12-month high of $18.27. The firm has a market capitalization of $1.65 billion, a P/E ratio of 22.54 and a beta of 1.09. The stock has a fifty day moving average of $15.56 and a 200-day moving average of $15.21.

MAG Silver Announces Dividend

The firm also recently disclosed a — dividend, which will be paid on Monday, April 21st. Investors of record on Friday, April 4th will be issued a $0.18 dividend. This represents a yield of 1.5%. The ex-dividend date of this dividend is Friday, April 4th. MAG Silver’s dividend payout ratio is presently 101.41%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Verition Fund Management LLC acquired a new stake in shares of MAG Silver in the third quarter valued at about $168,000. Public Employees Retirement System of Ohio bought a new stake in MAG Silver during the 3rd quarter valued at approximately $390,000. Barclays PLC grew its holdings in MAG Silver by 211.5% in the 3rd quarter. Barclays PLC now owns 30,780 shares of the company’s stock valued at $432,000 after buying an additional 20,899 shares during the last quarter. Tidal Investments LLC increased its position in MAG Silver by 3.6% in the 3rd quarter. Tidal Investments LLC now owns 2,810,051 shares of the company’s stock worth $39,453,000 after buying an additional 98,312 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of MAG Silver by 69.1% in the third quarter. JPMorgan Chase & Co. now owns 456,335 shares of the company’s stock valued at $6,407,000 after acquiring an additional 186,445 shares during the period. 52.50% of the stock is owned by institutional investors.

About MAG Silver

MAG Silver Corp. develops and explores for precious metal properties in Canada. It explores for silver, gold, lead, copper, and zinc deposits. The company's flagship property is the 44% owned Juanicipio property located in the Fresnillo District, Zacatecas State, Mexico. MAG Silver Corp. is headquartered in Vancouver, Canada.