Scotiabank Boosts Earnings Estimates for Pan American Silver

Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) – Scotiabank upped their FY2025 earnings estimates for Pan American Silver in a research report issued on Tuesday, October 28th. Scotiabank analyst O. Habib now forecasts that the basic materials company will post earnings of $2.10 per share for the year, up from their prior forecast of $1.64. Scotiabank has a “Outperform” rating and a $47.00 price objective on the stock. The consensus estimate for Pan American Silver’s current full-year earnings is $1.26 per share. Scotiabank also issued estimates for Pan American Silver’s FY2026 earnings at $2.31 EPS.

A number of other equities analysts have also commented on PAAS. Weiss Ratings reissued a “buy (b)” rating on shares of Pan American Silver in a research report on Tuesday, October 14th. CIBC lifted their price target on shares of Pan American Silver from $50.00 to $62.00 and gave the company an “outperformer” rating in a research report on Friday, October 10th. National Bank Financial raised shares of Pan American Silver to a “strong-buy” rating in a research report on Thursday, September 4th. Zacks Research lowered shares of Pan American Silver from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Finally, Wall Street Zen raised shares of Pan American Silver from a “buy” rating to a “strong-buy” rating in a research report on Saturday. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $41.25.

Pan American Silver Trading Down 0.9%

NYSE:PAAS opened at $35.22 on Friday. Pan American Silver has a 12 month low of $19.80 and a 12 month high of $42.57. The firm has a market cap of $14.87 billion, a price-to-earnings ratio of 24.29, a P/E/G ratio of 0.44 and a beta of 0.63. The company has a quick ratio of 2.11, a current ratio of 3.05 and a debt-to-equity ratio of 0.15. The company’s 50 day moving average is $36.73 and its 200-day moving average is $30.81.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last posted its earnings results on Wednesday, August 6th. The basic materials company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.03. Pan American Silver had a net margin of 16.80% and a return on equity of 11.49%. The firm had revenue of $811.90 million during the quarter, compared to analysts’ expectations of $782.12 million. During the same period in the previous year, the company earned $0.11 earnings per share. The company’s revenue was up 18.3% compared to the same quarter last year.

Institutional Investors Weigh In On Pan American Silver

Several institutional investors and hedge funds have recently bought and sold shares of the business. MassMutual Private Wealth & Trust FSB increased its holdings in Pan American Silver by 18.1% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 2,373 shares of the basic materials company’s stock worth $92,000 after purchasing an additional 364 shares in the last quarter. City State Bank increased its holdings in Pan American Silver by 74.4% during the 3rd quarter. City State Bank now owns 1,020 shares of the basic materials company’s stock worth $40,000 after purchasing an additional 435 shares in the last quarter. Signaturefd LLC increased its holdings in Pan American Silver by 5.5% during the 2nd quarter. Signaturefd LLC now owns 9,042 shares of the basic materials company’s stock worth $257,000 after purchasing an additional 475 shares in the last quarter. CWM LLC grew its stake in shares of Pan American Silver by 32.1% during the 2nd quarter. CWM LLC now owns 2,264 shares of the basic materials company’s stock worth $64,000 after acquiring an additional 550 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of 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 acquiring an additional 594 shares in the last quarter. Institutional investors own 55.43% of the company’s stock.

Pan American Silver Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Monday, August 18th were issued a $0.12 dividend. This is a boost from Pan American Silver’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Monday, August 18th. This represents a $0.48 annualized dividend and a yield of 1.4%. Pan American Silver’s payout ratio is presently 33.10%.

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.