Wall Street brokerages expect Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAAS) to announce $0.12 earnings per share (EPS) for the current quarter, according to Zacks. Three analysts have made estimates for Pan American Silver Corp.’s earnings, with estimates ranging from $0.07 to $0.18. Pan American Silver Corp. posted earnings per share of $0.24 during the same quarter last year, which indicates a negative year-over-year growth rate of 50%. The company is expected to report its next quarterly earnings results on Monday, November 13th.

According to Zacks, analysts expect that Pan American Silver Corp. will report full year earnings of $0.43 per share for the current financial year, with EPS estimates ranging from $0.35 to $0.56. For the next financial year, analysts expect that the business will report earnings of $0.76 per share, with EPS estimates ranging from $0.63 to $0.96. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that follow Pan American Silver Corp..

Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAAS) last announced its quarterly earnings results on Wednesday, August 9th. The basic materials company reported $0.15 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.06. The company had revenue of $201.30 million during the quarter, compared to analysts’ expectations of $184.96 million. Pan American Silver Corp. had a return on equity of 6.16% and a net margin of 14.62%. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.13 earnings per share.

PAAS has been the subject of several research analyst reports. TD Securities restated a “buy” rating on shares of Pan American Silver Corp. in a research report on Wednesday, May 10th. Zacks Investment Research upgraded shares of Pan American Silver Corp. from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a research report on Wednesday, May 3rd. Royal Bank Of Canada restated a “buy” rating and set a $22.00 price target on shares of Pan American Silver Corp. in a research report on Tuesday, May 30th. TheStreet downgraded shares of Pan American Silver Corp. from a “b-” rating to a “c+” rating in a research report on Friday, July 28th. Finally, BMO Capital Markets restated a “hold” rating and set a $17.50 price target on shares of Pan American Silver Corp. in a research report on Thursday, June 29th. One analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the stock. Pan American Silver Corp. currently has an average rating of “Hold” and an average target price of $20.61.

Pan American Silver Corp. (PAAS) opened at 17.70 on Friday. Pan American Silver Corp. has a 12 month low of $13.80 and a 12 month high of $21.29. The stock has a 50 day moving average price of $16.61 and a 200 day moving average price of $17.46. The stock has a market capitalization of $2.71 billion, a PE ratio of 22.63 and a beta of 0.29.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Monday, August 21st will be issued a $0.025 dividend. The ex-dividend date of this dividend is Thursday, August 17th. This represents a $0.10 dividend on an annualized basis and a yield of 0.56%. Pan American Silver Corp.’s payout ratio is 12.82%.

A number of hedge funds have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC boosted its stake in Pan American Silver Corp. by 1,091.3% in the second quarter. Tower Research Capital LLC TRC now owns 8,661 shares of the basic materials company’s stock valued at $189,000 after buying an additional 7,934 shares during the period. SG Americas Securities LLC purchased a new stake in Pan American Silver Corp. during the first quarter valued at $164,000. Alliancebernstein L.P. purchased a new stake in Pan American Silver Corp. during the second quarter valued at $170,000. Sigma Planning Corp purchased a new stake in Pan American Silver Corp. during the second quarter valued at $181,000. Finally, Cambridge Investment Research Advisors Inc. purchased a new stake in Pan American Silver Corp. during the second quarter valued at $189,000. Institutional investors own 49.91% of the company’s stock.

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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.

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

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