What is Scotiabank’s Estimate for PAAS FY2026 Earnings?

Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) – Scotiabank lifted their FY2026 EPS estimates for shares of Pan American Silver in a research note issued on Thursday, February 26th. Scotiabank analyst O. Habib now forecasts that the basic materials company will post earnings of $3.00 per share for the year, up from their prior estimate of $2.98. Scotiabank has a “Outperform” rating and a $64.00 price objective on the stock. The consensus estimate for Pan American Silver’s current full-year earnings is $1.26 per share.

Several other research analysts have also recently weighed in on the stock. Bank of America lifted their price target on shares of Pan American Silver from $46.00 to $51.00 and gave the stock a “buy” rating in a research note on Monday, December 1st. Jefferies Financial Group cut their price target on Pan American Silver from $58.00 to $54.00 and set a “hold” rating for the company in a report on Wednesday, January 21st. Canadian Imperial Bank of Commerce set a $88.00 price target on Pan American Silver and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Pan American Silver in a research report on Monday, December 29th. Finally, Zacks Research lowered shares of Pan American Silver from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 31st. Five equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $56.60.

Pan American Silver Stock Performance

PAAS opened at $68.66 on Monday. The company’s 50 day moving average is $57.66 and its 200 day moving average is $45.17. The company has a current ratio of 2.69, a quick ratio of 1.97 and a debt-to-equity ratio of 0.11. The company has a market cap of $28.97 billion, a price-to-earnings ratio of 27.46, a PEG ratio of 0.63 and a beta of 0.61. Pan American Silver has a 12-month low of $20.55 and a 12-month high of $69.99.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last issued its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $1.11 EPS for the quarter, topping the consensus estimate of $0.90 by $0.21. Pan American Silver had a return on equity of 16.38% and a net margin of 27.07%.The company had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same quarter in the previous year, the company posted $0.35 earnings per share. Pan American Silver’s revenue was up 44.7% compared to the same quarter last year.

Pan American Silver Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Monday, March 2nd will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.0%. The ex-dividend date is Monday, March 2nd. This is a positive change from Pan American Silver’s previous quarterly dividend of $0.14. Pan American Silver’s dividend payout ratio is currently 22.40%.

Institutional Investors Weigh In On Pan American Silver

Several institutional investors and hedge funds have recently modified their holdings of the stock. Van ECK Associates Corp boosted its stake in Pan American Silver by 51.8% during the third quarter. Van ECK Associates Corp now owns 45,142,060 shares of the basic materials company’s stock valued at $1,748,355,000 after buying an additional 15,405,762 shares during the last quarter. Vanguard Group Inc. raised its position in Pan American Silver by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 17,465,779 shares of the basic materials company’s stock worth $905,513,000 after purchasing an additional 274,168 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Pan American Silver by 38.7% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,462,912 shares of the basic materials company’s stock valued at $560,149,000 after acquiring an additional 4,037,311 shares during the period. Invesco Ltd. boosted its stake in shares of Pan American Silver by 9.8% during the third quarter. Invesco Ltd. now owns 9,898,397 shares of the basic materials company’s stock valued at $383,365,000 after purchasing an additional 882,135 shares during the period. Finally, FIL Ltd grew its stake in Pan American Silver by 154.7% in the 4th quarter. FIL Ltd now owns 7,307,777 shares of the basic materials company’s stock worth $378,872,000 after acquiring an additional 4,438,478 shares in the last quarter. Institutional investors own 55.43% of the company’s stock.

Pan American Silver Company Profile

Pan American Silver Corp. (NYSE: PAAS) is a Vancouver-based mining company and one of the world’s largest primary silver producers. The company’s core activities encompass the exploration, development, extraction and processing of silver, with significant by-product production of gold, zinc and lead. Pan American Silver maintains a vertically integrated operating model, covering the full mining value chain from resource discovery through to refined metal production.

With a geographic footprint concentrated across the Americas, Pan American Silver operates multiple mines in Mexico, Peru, Argentina and Bolivia, and is advancing several development and exploration projects in Chile and Ecuador.