MAG Silver Corporation (NYSEAMERICAN:MAG - Free Report) - Equities research analysts at Roth Capital boosted their FY2025 earnings per share (EPS) estimates for shares of MAG Silver in a research note issued to investors on Monday, June 30th. Roth Capital analyst J. Reagor now anticipates that the company will post earnings of $1.06 per share for the year, up from their previous forecast of $0.86. Roth Capital has a "Neutral" rating and a $21.00 price objective on the stock. The consensus estimate for MAG Silver's current full-year earnings is $0.73 per share. Roth Capital also issued estimates for MAG Silver's Q4 2025 earnings at $0.25 EPS and FY2026 earnings at $0.84 EPS.
A number of other brokerages have also issued reports on MAG. HC Wainwright reaffirmed a "buy" rating and set a $22.00 target price on shares of MAG Silver in a research report on Thursday, April 24th. Raymond James Financial restated an "outperform" rating on shares of MAG Silver in a report on Tuesday, March 25th. Canaccord Genuity Group lowered shares of MAG Silver from a "strong-buy" rating to a "hold" rating in a research note on Monday, May 12th. Roth Mkm dropped their target price on shares of MAG Silver from $16.50 to $16.00 and set a "neutral" rating on the stock in a research report on Tuesday, March 25th. Finally, Scotiabank restated a "sector perform" rating on shares of MAG Silver in a report on Monday, April 14th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, MAG Silver presently has an average rating of "Hold" and a consensus price target of $19.38.
Read Our Latest Research Report on MAG
MAG Silver Price Performance
Shares of MAG traded up $0.26 during mid-day trading on Thursday, hitting $21.63. The company's stock had a trading volume of 1,088,343 shares, compared to its average volume of 1,702,702. The firm has a 50-day moving average price of $19.18 and a 200 day moving average price of $16.44. MAG Silver has a fifty-two week low of $11.29 and a fifty-two week high of $21.83. The stock has a market capitalization of $2.24 billion, a price-to-earnings ratio of 24.58 and a beta of 0.75.
Hedge Funds Weigh In On MAG Silver
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Swiss National Bank lifted its position in shares of MAG Silver by 0.6% in the fourth quarter. Swiss National Bank now owns 193,900 shares of the company's stock worth $2,633,000 after buying an additional 1,200 shares during the last quarter. Intact Investment Management Inc. raised its stake in shares of MAG Silver by 21.3% in the 4th quarter. Intact Investment Management Inc. now owns 307,433 shares of the company's stock valued at $4,176,000 after acquiring an additional 54,033 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in MAG Silver by 18.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 328,000 shares of the company's stock worth $4,990,000 after purchasing an additional 50,000 shares during the last quarter. Raymond James Financial Inc. bought a new stake in MAG Silver during the fourth quarter worth approximately $3,482,000. Finally, Two Sigma Investments LP acquired a new position in MAG Silver during the fourth quarter valued at approximately $401,000. Institutional investors own 52.50% of the company's stock.
MAG Silver Announces Dividend
The company also recently declared a -- dividend, which was paid on Wednesday, May 28th. Stockholders of record on Monday, May 19th were paid a dividend of $0.18 per share. This represents a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, May 19th. MAG Silver's dividend payout ratio (DPR) is presently 33.80%.
MAG Silver Company Profile
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MAG Silver Corp. develops and explores for precious metal properties in Canada. It explores for silver, gold, lead, copper, and zinc deposits. The company's flagship property is the 44% owned Juanicipio property located in the Fresnillo District, Zacatecas State, Mexico. MAG Silver Corp. is headquartered in Vancouver, Canada.
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