Q2 EPS Forecast for Pan American Silver Decreased by Analyst

Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) – Stock analysts at Scotiabank lowered their Q2 2026 earnings estimates for Pan American Silver in a report issued on Tuesday, July 14th. Scotiabank analyst O. Habib now anticipates that the basic materials company will earn $0.62 per share for the quarter, down from their prior forecast of $0.69. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Pan American Silver’s current full-year earnings is $4.02 per share. Scotiabank also issued estimates for Pan American Silver’s Q3 2026 earnings at $0.63 EPS and FY2026 earnings at $2.99 EPS.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last announced its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.06 by $0.03. The firm had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.25 billion. Pan American Silver had a net margin of 31.66% and a return on equity of 19.50%. The company’s revenue for the quarter was up 49.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.42 earnings per share.

A number of other equities research analysts have also issued reports on the company. Bank of America cut their price target on Pan American Silver from $77.00 to $69.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. Zacks Research downgraded Pan American Silver from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 22nd. Jefferies Financial Group dropped their price objective on Pan American Silver from $54.00 to $53.00 and set a “hold” rating for the company in a research note on Monday, July 6th. TD Cowen upgraded Pan American Silver from a “hold” rating to a “buy” rating and increased their target price for the stock from $67.00 to $72.00 in a research report on Tuesday, May 12th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $75.00 target price on shares of Pan American Silver in a research report on Tuesday, April 28th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $70.43.

Pan American Silver Stock Up 0.1%

PAAS opened at $41.80 on Monday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.11 and a current ratio of 2.84. Pan American Silver has a fifty-two week low of $26.76 and a fifty-two week high of $69.99. The firm’s fifty day moving average is $49.81 and its 200 day moving average is $54.46. The stock has a market cap of $17.43 billion, a price-to-earnings ratio of 13.44, a price-to-earnings-growth ratio of 3.89 and a beta of 0.72.

Pan American Silver Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were given a dividend of $0.18 per share. The ex-dividend date was Tuesday, May 19th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.7%. Pan American Silver’s dividend payout ratio is currently 23.15%.

Hedge Funds Weigh In On Pan American Silver

Institutional investors have recently bought and sold shares of the stock. Fifth Third Bancorp increased its holdings in Pan American Silver by 1,336.1% in 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 during the last quarter. Parallel Advisors LLC boosted its holdings in shares of Pan American Silver by 151.8% during the 3rd 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 last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of Pan American Silver during the fourth quarter valued at about $34,000. Laurel Wealth Advisors LLC purchased a new position in shares of Pan American Silver during the fourth quarter valued at about $41,000. Finally, Harbor Investment Advisory LLC purchased a new position in shares of Pan American Silver during the first quarter valued at about $44,000. 55.43% of the stock is owned by hedge funds and other institutional investors.

Pan American Silver News Roundup

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

• Positive Sentiment: Scotiabank raised its earnings estimates across several periods, including Q4 2026, Q3 2027, Q1 2028, Q2 2028, FY2028, FY2029 and FY2030, while reiterating an Outperform rating. This suggests confidence in Pan American Silver’s longer-term earnings power.
• Positive Sentiment: Scotiabank also increased its FY2028, FY2029 and FY2030 EPS forecasts, reinforcing a constructive long-term view on the company.
• Neutral Sentiment: Pan American Silver recently reported strong quarterly results, beating EPS and revenue expectations and posting significant year-over-year revenue growth. That prior earnings strength still supports the stock’s fundamental backdrop.
• Negative Sentiment: National Bank Financial cut multiple 2026 and 2027 EPS estimates, including FY2026 and FY2027, which may have raised concerns about near- to medium-term profitability.
• Negative Sentiment: The bank also lowered its FY2028, FY2029 and FY2030 earnings estimates, signaling a more cautious view on future earnings versus earlier expectations.
• Negative Sentiment: Several of National Bank Financial’s quarterly cuts were substantial, especially for Q2 2026, Q3 2026, Q1 2027, Q2 2027 and Q4 2027, which could contribute to selling pressure on the shares.

Pan American Silver Company Profile

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.