Q1 2018 Earnings Forecast for Pan American Silver Corp. Issued By B. Riley (PAAS)

Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAAS) – Research analysts at B. Riley issued their Q1 2018 EPS estimates for shares of Pan American Silver Corp. in a research note issued on Thursday. B. Riley analyst L. Pipes anticipates that the basic materials company will post earnings per share of $0.06 for the quarter. B. Riley currently has a “Buy” rating and a $21.00 target price on the stock. B. Riley also issued estimates for Pan American Silver Corp.’s Q2 2018 earnings at $0.05 EPS, Q3 2018 earnings at $0.06 EPS, Q4 2018 earnings at $0.06 EPS, FY2018 earnings at $0.23 EPS and FY2019 earnings at $0.28 EPS.

Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAAS) last released its quarterly earnings data on Wednesday, November 8th. The basic materials company reported $0.15 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.02. The business had revenue of $190.79 million during the quarter, compared to analysts’ expectations of $199.43 million. Pan American Silver Corp. had a net margin of 12.23% and a return on equity of 5.12%. The company’s revenue for the quarter was down 18.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.24 EPS. COPYRIGHT VIOLATION WARNING: This news story was first published by Markets Daily and is the property of of Markets Daily. If you are viewing this news story on another publication, it was illegally copied and reposted in violation of United States and international copyright and trademark law. The legal version of this news story can be viewed at https://www.themarketsdaily.com/2017/11/13/q1-2018-earnings-forecast-for-pan-american-silver-corp-issued-by-b-riley-paas.html.

Several other equities research analysts have also commented on PAAS. BidaskClub lowered shares of Pan American Silver Corp. from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Royal Bank Of Canada set a $22.00 price target on shares of Pan American Silver Corp. and gave the stock a “buy” rating in a research note on Thursday, August 10th. TheStreet lowered shares of Pan American Silver Corp. from a “b-” rating to a “c+” rating in a research note on Friday, July 28th. Canaccord Genuity reiterated a “buy” rating and set a $23.00 price target on shares of Pan American Silver Corp. in a research note on Friday, October 6th. Finally, BMO Capital Markets reiterated a “hold” rating and set a $17.50 price target on shares of Pan American Silver Corp. in a research note on Wednesday, September 20th. Eight investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $20.90.

Shares of Pan American Silver Corp. (PAAS) opened at $14.62 on Monday. The stock has a market cap of $2,239.44, a price-to-earnings ratio of 30.46, a PEG ratio of 7.38 and a beta of 0.15. Pan American Silver Corp. has a 1 year low of $13.80 and a 1 year high of $21.29.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Raymond James Financial Services Advisors Inc. increased its stake in Pan American Silver Corp. by 1.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 42,371 shares of the basic materials company’s stock valued at $713,000 after purchasing an additional 679 shares during the period. Advisor Group Inc. increased its stake in shares of Pan American Silver Corp. by 3.9% during the second quarter. Advisor Group Inc. now owns 21,567 shares of the basic materials company’s stock worth $362,000 after acquiring an additional 800 shares during the period. National Asset Management Inc. increased its stake in shares of Pan American Silver Corp. by 4.3% during the second quarter. National Asset Management Inc. now owns 20,450 shares of the basic materials company’s stock worth $344,000 after acquiring an additional 850 shares during the period. Legal & General Group Plc increased its stake in shares of Pan American Silver Corp. by 5.7% during the second quarter. Legal & General Group Plc now owns 18,253 shares of the basic materials company’s stock worth $307,000 after acquiring an additional 990 shares during the period. Finally, Blair William & Co. IL increased its stake in shares of Pan American Silver Corp. by 1.7% during the second quarter. Blair William & Co. IL now owns 70,578 shares of the basic materials company’s stock worth $1,187,000 after acquiring an additional 1,208 shares during the period. Institutional investors own 53.67% of the company’s stock.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Monday, November 20th will be paid a $0.025 dividend. The ex-dividend date of this dividend is Friday, November 17th. This represents a $0.10 dividend on an annualized basis and a yield of 0.68%. Pan American Silver Corp.’s dividend payout ratio is presently 16.39%.

Pan American Silver Corp. Company Profile

Pan American Silver Corp. is a silver production company. The Company is principally engaged in the operation and development of, and exploration for, silver producing properties. The Company’s segments include Peru, Mexico, Argentina and Bolivia. The Company also produces and sells gold, zinc, lead and copper.

Earnings History and Estimates for Pan American Silver Corp. (NASDAQ:PAAS)

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