Q4 EPS Forecast for Pan American Silver Boosted by Analyst

Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) – Analysts at Scotiabank increased their Q4 2026 earnings per share estimates for Pan American Silver in a note issued to investors on Tuesday, July 14th. Scotiabank analyst O. Habib now anticipates that the basic materials company will post earnings of $0.67 per share for the quarter, up from their previous estimate of $0.65. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Pan American Silver’s current full-year earnings is $4.13 per share. Scotiabank also issued estimates for Pan American Silver’s Q3 2027 earnings at $0.56 EPS, Q1 2028 earnings at $0.60 EPS, Q2 2028 earnings at $0.66 EPS, FY2028 earnings at $2.44 EPS, FY2029 earnings at $2.42 EPS and FY2030 earnings at $1.95 EPS.

A number of other research firms also recently commented on PAAS. Wall Street Zen downgraded Pan American Silver from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 12th. Bank of America reduced their price objective on shares of Pan American Silver from $77.00 to $69.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Jefferies Financial Group dropped their target price on shares of Pan American Silver from $54.00 to $53.00 and set a “hold” rating for the company in a research report on Monday, July 6th. Zacks Research downgraded shares of Pan American Silver from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $75.00 price objective on shares of Pan American Silver in a research note on Tuesday, April 28th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $70.43.

Pan American Silver Stock Performance

PAAS opened at $41.80 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.11 and a current ratio of 2.84. Pan American Silver has a 52-week low of $26.76 and a 52-week high of $69.99. The firm has a market cap of $17.43 billion, a P/E ratio of 13.44, a price-to-earnings-growth ratio of 3.81 and a beta of 0.72. The business’s fifty day moving average is $49.81 and its 200-day moving average is $54.44.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last posted its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.03. The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.25 billion. Pan American Silver had a return on equity of 19.50% and a net margin of 31.66%.The company’s revenue was up 49.3% on a year-over-year basis. During the same quarter last year, the company earned $0.42 EPS.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Norges Bank bought a new stake in Pan American Silver during the 4th quarter worth $303,611,000. FIL Ltd increased its holdings 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 purchasing an additional 4,438,478 shares in the last quarter. Capital International Investors bought a new position in Pan American Silver in the fourth quarter valued at about $215,484,000. Bank of America Corp DE raised its position in Pan American Silver by 148.3% in the second quarter. Bank of America Corp DE now owns 3,368,233 shares of the basic materials company’s stock valued at $95,658,000 after purchasing an additional 2,011,862 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in shares of Pan American Silver during the first quarter valued at about $71,141,000. Institutional investors and hedge funds own 55.43% of the company’s stock.

Pan American Silver Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th were given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Tuesday, May 19th. Pan American Silver’s payout ratio is currently 23.15%.

Key Pan American Silver News

Here are the key news stories impacting Pan American Silver this week:

• Positive Sentiment: Scotiabank raised its earnings estimates across several periods, including Q4 2026, Q3 2027, Q1 2028, Q2 2028, FY2028, FY2029 and FY2030, while reiterating an Outperform rating. This suggests confidence in Pan American Silver’s longer-term earnings power.
• Positive Sentiment: Scotiabank also increased its FY2028, FY2029 and FY2030 EPS forecasts, reinforcing a constructive long-term view on the company.
• Neutral Sentiment: Pan American Silver recently reported strong quarterly results, beating EPS and revenue expectations and posting significant year-over-year revenue growth. That prior earnings strength still supports the stock’s fundamental backdrop.
• Negative Sentiment: National Bank Financial cut multiple 2026 and 2027 EPS estimates, including FY2026 and FY2027, which may have raised concerns about near- to medium-term profitability.
• Negative Sentiment: The bank also lowered its FY2028, FY2029 and FY2030 earnings estimates, signaling a more cautious view on future earnings versus earlier expectations.
• Negative Sentiment: Several of National Bank Financial’s quarterly cuts were substantial, especially for Q2 2026, Q3 2026, Q1 2027, Q2 2027 and Q4 2027, which could contribute to selling pressure on the shares.

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.