Brokerages forecast that Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAAS) will post $0.15 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Pan American Silver Corp.’s earnings, with the highest EPS estimate coming in at $0.22 and the lowest estimate coming in at $0.08. Pan American Silver Corp. reported earnings of $0.12 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 25%. The business is expected to report its next quarterly earnings report on Wednesday, February 21st.

On average, analysts expect that Pan American Silver Corp. will report full year earnings of $0.47 per share for the current fiscal year, with EPS estimates ranging from $0.43 to $0.52. For the next year, analysts anticipate that the firm will post earnings of $0.50 per share, with EPS estimates ranging from $0.23 to $0.64. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Pan American Silver Corp..

Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAAS) last posted its earnings results on Wednesday, November 8th. The basic materials company reported $0.15 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.02. The company had revenue of $190.79 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.24 earnings per share.

Several analysts have commented on PAAS shares. Zacks Investment Research raised shares of Pan American Silver Corp. from a “sell” rating to a “hold” rating in a research report on Tuesday, July 25th. Raymond James Financial, Inc. downgraded shares of Pan American Silver Corp. from an “outperform” rating to a “market perform” rating and set a $20.50 target price for the company. in a research report on Friday, September 8th. Royal Bank Of Canada reissued an “outperform” rating on shares of Pan American Silver Corp. in a research report on Thursday, September 7th. UBS AG downgraded shares of Pan American Silver Corp. from an “outperform” rating to a “market perform” rating in a research report on Thursday, September 7th. Finally, Canaccord Genuity restated a “buy” rating and issued a $22.00 price objective on shares of Pan American Silver Corp. in a research note on Thursday, September 7th. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $21.15.

Pan American Silver Corp. (NASDAQ PAAS) traded down $0.22 during mid-day trading on Tuesday, reaching $14.98. 1,439,800 shares of the company’s stock traded hands, compared to its average volume of 1,793,189. The company has a market capitalization of $2,330.00, a P/E ratio of 31.67, a price-to-earnings-growth ratio of 8.09 and a beta of 0.15. Pan American Silver Corp. has a 12 month low of $14.05 and a 12 month high of $21.29.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Monday, November 20th will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.67%. The ex-dividend date is Friday, November 17th. Pan American Silver Corp.’s payout ratio is 16.39%.

Several institutional investors and hedge funds have recently bought and sold shares of the company. GSA Capital Partners LLP bought a new stake in shares of Pan American Silver Corp. in the 3rd quarter worth about $359,000. Virtu Financial LLC bought a new stake in Pan American Silver Corp. during the 3rd quarter worth about $178,000. Jane Street Group LLC grew its holdings in Pan American Silver Corp. by 4,066.7% during the 3rd quarter. Jane Street Group LLC now owns 246,168 shares of the basic materials company’s stock worth $4,198,000 after acquiring an additional 240,260 shares during the last quarter. Magnetar Financial LLC grew its holdings in Pan American Silver Corp. by 109.3% during the 3rd quarter. Magnetar Financial LLC now owns 87,729 shares of the basic materials company’s stock worth $1,496,000 after acquiring an additional 45,823 shares during the last quarter. Finally, Private Advisor Group LLC grew its holdings in Pan American Silver Corp. by 69.8% during the 3rd quarter. Private Advisor Group LLC now owns 35,794 shares of the basic materials company’s stock worth $640,000 after acquiring an additional 14,714 shares during the last quarter. 53.24% of the stock is currently owned by institutional investors and hedge funds.

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About Pan American Silver Corp.

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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