Scotiabank Has Pessimistic Outlook of SSRM FY2026 Earnings

Silver Standard Resources Inc. (NASDAQ:SSRM) (TSE:SSO) – Research analysts at Scotiabank decreased their FY2026 earnings per share (EPS) estimates for Silver Standard Resources in a note issued to investors on Wednesday, August 19th. Scotiabank analyst O. Habib now expects that the basic materials company will earn $3.80 per share for the year, down from their prior estimate of $3.90. The consensus estimate for Silver Standard Resources’ current full-year earnings is $3.87 per share. Scotiabank also issued estimates for Silver Standard Resources’ FY2027 earnings at $3.48 EPS.

Several other brokerages have also weighed in on SSRM. Royal Bank Of Canada decreased their target price on shares of Silver Standard Resources from $40.00 to $39.00 and set an “outperform” rating on the stock in a research report on Thursday, July 9th. Wall Street Zen lowered shares of Silver Standard Resources from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 18th. Bank of America cut their price target on shares of Silver Standard Resources from $41.00 to $40.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. Zacks Research downgraded Silver Standard Resources from a “strong-buy” rating to a “hold” rating in a report on Friday, May 29th. Finally, UBS Group lowered their price objective on Silver Standard Resources from $43.00 to $40.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $41.60.

Silver Standard Resources Price Performance

Shares of Silver Standard Resources stock opened at $38.61 on Monday. Silver Standard Resources has a 52-week low of $17.12 and a 52-week high of $38.80. The firm has a market capitalization of $7.97 billion, a PE ratio of 35.10, a price-to-earnings-growth ratio of 7.88 and a beta of -0.10. The company’s fifty day moving average price is $29.58 and its two-hundred day moving average price is $29.51.

Silver Standard Resources (NASDAQ:SSRM) (TSE:SSO) last issued its earnings results on Tuesday, August 4th. The basic materials company reported $0.66 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.01). Silver Standard Resources had a return on equity of 16.17% and a net margin of 12.30%.The firm had revenue of $443.80 million during the quarter, compared to the consensus estimate of $483.84 million.

Institutional Investors Weigh In On Silver Standard Resources

A number of hedge funds have recently made changes to their positions in the company. Strs Ohio bought a new position in Silver Standard Resources during the 1st quarter valued at about $50,000. AQR Capital Management LLC increased its holdings in shares of Silver Standard Resources by 461.5% during the first quarter. AQR Capital Management LLC now owns 86,050 shares of the basic materials company’s stock worth $863,000 after buying an additional 70,726 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Silver Standard Resources by 96.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 410,046 shares of the basic materials company’s stock worth $4,113,000 after buying an additional 201,525 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Silver Standard Resources by 27.1% during the first quarter. Goldman Sachs Group Inc. now owns 2,482,100 shares of the basic materials company’s stock worth $24,895,000 after buying an additional 529,035 shares in the last quarter. Institutional investors and hedge funds own 68.30% of the company’s stock.

Silver Standard Resources Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 14th will be issued a $0.03 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.12 annualized dividend and a dividend yield of 0.3%. Silver Standard Resources’s dividend payout ratio is presently 10.91%.

Silver Standard Resources Company Profile

Silver Standard Resources Inc (NASDAQ: SSRM) is a Vancouver‐based precious metals company engaged in the acquisition, exploration, development and production of silver and gold deposits primarily across the Americas. The company’s strategy centers on advancing high‐quality projects into production while maintaining a portfolio of operating mines that deliver consistent metal output. Silver Standard emphasizes sustainable resource development and community partnership at each stage of its operations.

The company’s principal producing assets include the Marigold gold mine in Nevada, which entered commercial production in 2006; the Seabee gold operation in Saskatchewan, Canada, acquired in 2016; and the Pirquitas silver‐gold mine in Argentina, which began producing in 2009.