FY2025 EPS Estimates for MAG Silver Boosted by Raymond James

MAG Silver Corp. (NYSEAMERICAN:MAG) – Equities researchers at Raymond James lifted their FY2025 earnings per share estimates for shares of MAG Silver in a report released on Thursday, May 8th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $1.22 per share for the year, up from their previous forecast of $1.21. Raymond James currently has a “Outperform” rating on the stock. The consensus estimate for MAG Silver’s current full-year earnings is $0.73 per share. Raymond James also issued estimates for MAG Silver’s FY2026 earnings at $0.87 EPS.

Several other research analysts have also recently weighed in on the company. Canaccord Genuity Group cut MAG Silver from a “strong-buy” rating to a “hold” rating in a research note on Monday. Roth Capital set a $16.00 target price on shares of MAG Silver in a research note on Tuesday, March 25th. Scotiabank reiterated a “sector perform” rating on shares of MAG Silver in a research note on Monday, April 14th. StockNews.com raised shares of MAG Silver from a “sell” rating to a “hold” rating in a report on Monday, March 31st. Finally, HC Wainwright restated a “buy” rating and set a $22.00 price objective on shares of MAG Silver in a research report on Thursday, April 24th. Five analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.60.

MAG Silver Stock Performance

Shares of NYSEAMERICAN MAG opened at $18.00 on Monday. The company has a market cap of $1.86 billion, a PE ratio of 25.35 and a beta of 1.09. The firm’s 50 day moving average price is $15.42 and its 200-day moving average price is $15.34. MAG Silver has a 52-week low of $11.29 and a 52-week high of $19.17.

MAG Silver Dividend Announcement

The business also recently announced a — dividend, which will be paid on Wednesday, May 28th. Investors of record on Monday, May 19th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a yield of 0.5%. MAG Silver’s payout ratio is 101.41%.

Institutional Investors Weigh In On MAG Silver

A number of hedge funds have recently made changes to their positions in the company. First Eagle Investment Management LLC raised its position in shares of MAG Silver by 46.4% during the 4th quarter. First Eagle Investment Management LLC now owns 7,839,793 shares of the company’s stock valued at $106,379,000 after buying an additional 2,486,538 shares in the last quarter. Sprott Inc. grew its position in MAG Silver by 8.5% in the fourth quarter. Sprott Inc. now owns 2,649,507 shares of the company’s stock worth $36,004,000 after acquiring an additional 208,252 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in MAG Silver by 20.5% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,399,405 shares of the company’s stock worth $21,290,000 after acquiring an additional 237,800 shares during the last quarter. TD Asset Management Inc raised its position in MAG Silver by 4.1% during the first quarter. TD Asset Management Inc now owns 1,116,157 shares of the company’s stock valued at $16,976,000 after purchasing an additional 43,822 shares during the period. Finally, Millennium Management LLC lifted its stake in shares of MAG Silver by 3,324.7% in the 4th quarter. Millennium Management LLC now owns 886,203 shares of the company’s stock valued at $12,052,000 after purchasing an additional 860,326 shares during the last quarter. 52.50% of the stock is currently owned by hedge funds and other institutional investors.

MAG Silver Company Profile

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.