Zacks Research downgraded shares of Pan American Silver (NYSE:PAAS – Free Report) (TSE:PAAS) from a strong-buy rating to a hold rating in a research note published on Wednesday morning,Zacks.com reports.
Other research analysts have also recently issued research reports about the company. Weiss Ratings reissued a “buy (b)” rating on shares of Pan American Silver in a research report on Monday, December 29th. Scotiabank upped their price target on Pan American Silver from $47.00 to $64.00 and gave the company an “outperform” rating in a research report on Monday, January 26th. Canadian Imperial Bank of Commerce set a $88.00 price target on Pan American Silver and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Jefferies Financial Group dropped their price target on Pan American Silver from $58.00 to $54.00 and set a “hold” rating on the stock in a research report on Wednesday, January 21st. Finally, Wall Street Zen cut Pan American Silver from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 18th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $56.60.
Get Our Latest Stock Report on PAAS
Pan American Silver Stock Down 2.2%
Pan American Silver (NYSE:PAAS – Get Free Report) (TSE:PAAS) last posted its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $1.11 earnings per share 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 business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.11 billion. During the same quarter in the previous year, the firm earned $0.35 earnings per share. The business’s revenue was up 44.7% on a year-over-year basis. Analysts expect that Pan American Silver will post 4.29 EPS for the current year.
Pan American Silver Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Monday, March 2nd were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.3%. This is a boost from Pan American Silver’s previous quarterly dividend of $0.14. Pan American Silver’s payout ratio is currently 28.80%.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Parallel Advisors LLC lifted its position in shares of Pan American Silver by 151.8% during the 3rd quarter. Parallel Advisors LLC now owns 642 shares of the basic materials company’s stock valued at $25,000 after buying an additional 387 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of Pan American Silver during the 4th quarter valued at $34,000. Laurel Wealth Advisors LLC bought a new stake in shares of Pan American Silver during the 4th quarter valued at $41,000. Harbor Investment Advisory LLC bought a new stake in shares of Pan American Silver during the 1st quarter valued at $44,000. Finally, Golden State Wealth Management LLC raised its stake in shares of Pan American Silver by 173.3% during the 4th quarter. Golden State Wealth Management LLC now owns 820 shares of the basic materials company’s stock valued at $42,000 after purchasing an additional 520 shares during the period. Hedge funds and other institutional investors own 55.43% of the company’s stock.
Pan American Silver News Roundup
Here are the key news stories impacting Pan American Silver this week:
- Positive Sentiment: La Colorada Skarn expansion and company transformation — Seeking Alpha highlights PAAS’s evolution into a diversified, multi‑jurisdictional precious‑metals producer with very large silver reserves, projected industry‑leading scale and negative all‑in‑sustaining costs at La Colorada Skarn, and a strong balance sheet (c.$1.3B cash, >$2B liquidity). That thesis supports higher free cash flow and leverage to silver prices. Pan American Silver: Still Room To Run With Silver Near $80
- Positive Sentiment: Revised PEA for La Colorada Skarn — Company/market coverage reports that a revised Preliminary Economic Assessment for La Colorada Skarn presents it as a potential world‑leading, low‑cost silver mine, materially improving long‑term production and cost outlook. This is a key catalyst for medium/long‑term valuation if the study’s metrics hold. Pan American Silver Rethinks Long Term Mix With La Colorada Skarn PEA
- Neutral Sentiment: Recent market moves — Market writeups note the shares recently outperformed the market and closed modestly higher (reported +1.53% in those summaries), reflecting investor appetite on the project/balance‑sheet news. Pan American Silver (PAAS) Exceeds Market Returns: Some Facts to Consider Zacks: Pan American Silver Exceeds Market Returns
- Negative Sentiment: Broad analyst EPS cuts from National Bank Financial — A series of notes from National Bank Financial reduced quarterly and multi‑year EPS forecasts (multiple cuts across 2026–2030 estimates), trimming near‑term earnings expectations. That can pressure multiple/near‑term sentiment even if long‑term project optionality remains strong. MarketBeat: Pan American Silver analyst coverage and estimate changes
About Pan American Silver
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.
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