Equities research analysts expect that Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAAS) will announce sales of $199.24 million for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Pan American Silver Corp.’s earnings. The lowest sales estimate is $189.62 million and the highest is $206.19 million. Pan American Silver Corp. posted sales of $190.60 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 4.5%. The company is scheduled to issue its next earnings report on Wednesday, February 21st.

On average, analysts expect that Pan American Silver Corp. will report full-year sales of $199.24 million for the current year, with estimates ranging from $780.42 million to $799.29 million. For the next financial year, analysts expect that the firm will report sales of $834.89 million per share, with estimates ranging from $765.70 million to $897.15 million. Zacks’ sales calculations are an 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 released its quarterly earnings results on Wednesday, November 8th. The basic materials company reported $0.15 earnings per share (EPS) for the quarter, topping the 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 return on equity of 5.12% and a net margin of 12.23%. The firm’s revenue was down 18.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.24 EPS.

Several equities analysts recently weighed in on PAAS shares. Royal Bank Of Canada set a $23.00 price objective on Pan American Silver Corp. and gave the stock a “buy” rating in a research report on Tuesday, October 17th. Canaccord Genuity reissued a “buy” rating and set a $23.00 price objective on shares of Pan American Silver Corp. in a research report on Friday, October 6th. B. Riley raised Pan American Silver Corp. from a “neutral” rating to a “buy” rating and set a $21.00 price objective for the company in a research report on Thursday, November 9th. BMO Capital Markets started coverage on Pan American Silver Corp. in a research report on Friday, November 17th. They set a “buy” rating and a $20.00 price objective for the company. Finally, TheStreet cut Pan American Silver Corp. from a “b-” rating to a “c+” rating in a research report on Friday, July 28th. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $21.59.

Shares of Pan American Silver Corp. (NASDAQ PAAS) opened at $15.56 on Thursday. The stock has a market capitalization of $2,328.28, a PE ratio of 31.67, a PEG ratio of 7.81 and a beta of 0.15. Pan American Silver Corp. has a 52 week low of $14.05 and a 52 week high of $21.29.

The business 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. The ex-dividend date is Friday, November 17th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.64%. Pan American Silver Corp.’s payout ratio is presently 16.39%.

Several institutional investors and hedge funds have recently modified their holdings of PAAS. Vanguard Group Inc. raised its holdings in shares of Pan American Silver Corp. by 3.5% in the 1st quarter. Vanguard Group Inc. now owns 2,738,973 shares of the basic materials company’s stock worth $47,986,000 after buying an additional 91,617 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Pan American Silver Corp. by 14.9% in the 1st quarter. Geode Capital Management LLC now owns 80,299 shares of the basic materials company’s stock worth $1,406,000 after buying an additional 10,429 shares in the last quarter. Aperio Group LLC raised its holdings in shares of Pan American Silver Corp. by 1.7% in the 2nd quarter. Aperio Group LLC now owns 178,762 shares of the basic materials company’s stock worth $3,007,000 after buying an additional 2,955 shares in the last quarter. TD Asset Management Inc. raised its holdings in shares of Pan American Silver Corp. by 1.3% in the 2nd quarter. TD Asset Management Inc. now owns 1,226,602 shares of the basic materials company’s stock worth $20,599,000 after buying an additional 15,400 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its holdings in shares of Pan American Silver Corp. by 4.3% in the 2nd quarter. Canada Pension Plan Investment Board now owns 97,403 shares of the basic materials company’s stock worth $1,636,000 after buying an additional 4,003 shares in the last quarter. 53.24% of the stock is 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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