Research Analysts Set Expectations for PAAS Q1 Earnings

Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) – Equities researchers at National Bank Financial upped their Q1 2027 earnings per share (EPS) estimates for shares of Pan American Silver in a research report issued on Monday, August 31st. National Bank Financial analyst D. Demarco now anticipates that the basic materials company will earn $1.02 per share for the quarter, up from their prior forecast of $1.01. The consensus estimate for Pan American Silver’s current full-year earnings is $3.85 per share. National Bank Financial also issued estimates for Pan American Silver’s Q2 2027 earnings at $1.04 EPS, Q3 2027 earnings at $1.04 EPS, Q4 2027 earnings at $1.04 EPS and FY2027 earnings at $4.15 EPS.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last issued its quarterly earnings data on Wednesday, August 12th. The basic materials company reported $0.73 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.11). Pan American Silver had a net margin of 32.04% and a return on equity of 20.01%. The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.16 billion. During the same quarter in the prior year, the company posted $0.43 EPS. The business’s revenue for the quarter was up 38.4% on a year-over-year basis.

Several other research analysts have also recently weighed in on PAAS. Scotiabank reissued an “outperform” rating on shares of Pan American Silver in a research report on Tuesday, July 14th. Zacks Research upgraded shares of Pan American Silver from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 18th. Weiss Ratings cut Pan American Silver from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th. Wall Street Zen downgraded shares of Pan American Silver from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. Finally, BMO Capital Markets restated a “market perform” rating on shares of Pan American Silver in a report on Thursday, August 13th. Eight investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $70.43.

Pan American Silver Trading Up 3.1%

Shares of NYSE:PAAS opened at $51.53 on Thursday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.94 and a quick ratio of 2.23. The business’s 50 day moving average price is $46.93 and its 200-day moving average price is $52.51. The firm has a market capitalization of $21.39 billion, a price-to-earnings ratio of 15.57, a price-to-earnings-growth ratio of 4.87 and a beta of 0.77. Pan American Silver has a 1 year low of $33.08 and a 1 year high of $69.99.

Hedge Funds Weigh In On Pan American Silver

A number of large investors have recently modified their holdings of PAAS. Fifth Third Bancorp lifted its holdings in shares of Pan American Silver by 1,336.1% during the 1st quarter. Fifth Third Bancorp now owns 517 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 481 shares in the last quarter. NFJ Investment Group LLC purchased a new stake in shares of Pan American Silver during the second quarter valued at approximately $25,000. Parallel Advisors LLC raised its stake in shares of Pan American Silver by 151.8% during the third quarter. Parallel Advisors LLC now owns 642 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 387 shares during the period. Caitong International Asset Management Co. Ltd purchased a new position in shares of Pan American Silver in the fourth quarter valued at $34,000. Finally, Danske Bank A S acquired a new stake in Pan American Silver during the 2nd quarter valued at $30,000. 55.43% of the stock is currently owned by hedge funds and other institutional investors.

Pan American Silver Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 24th will be issued a $0.184 dividend. This is a boost from Pan American Silver’s previous quarterly dividend of $0.18. The ex-dividend date is Monday, August 24th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 1.4%. Pan American Silver’s dividend payout ratio (DPR) is 22.36%.

Key Headlines Impacting Pan American Silver

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

• Positive Sentiment: National Bank Financial raised its FY2027 EPS forecast to $4.15 from $4.08. Estimates for Q1 through Q4 2027 were also increased, with quarterly forecasts now ranging from $1.02 to $1.04 per share. The upgrades indicate improved expectations for Pan American Silver’s earnings growth in 2027. Pan American Silver analyst estimates
• Neutral Sentiment: The revisions were issued by National Bank Financial analyst D. Demarco on August 31 and primarily affect earnings estimates rather than the company’s rating or price target. The firm’s current-year consensus reference is approximately $3.85–$3.87 EPS, providing context for the updated forecasts. Pan American Silver research information
• Negative Sentiment: National Bank Financial lowered its FY2026 EPS forecast to $3.68 from $3.91, cutting Q3 2026 estimates to $0.87 from $0.89 and Q4 estimates to $0.98 from $1.04. The firm also reduced FY2029 EPS to $5.35 from $5.40, FY2030 EPS to $3.98 from $4.03, and Q1 2028 EPS slightly to $1.59 from $1.60. These cuts point to weaker near-term results and modestly lower longer-term earnings assumptions, potentially limiting investor enthusiasm for PAAS. Pan American Silver earnings estimates

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.