What is Cormark's Estimate for MAG Silver FY2026 Earnings?

MAG Silver Corp. (NYSEAMERICAN:MAG - Free Report) - Analysts at Cormark raised their FY2026 earnings per share (EPS) estimates for MAG Silver in a research report issued to clients and investors on Thursday, April 24th. Cormark analyst N. Dion now forecasts that the company will post earnings per share of $0.68 for the year, up from their previous forecast of $0.62. The consensus estimate for MAG Silver's current full-year earnings is $0.73 per share.

A number of other analysts have also issued reports on the company. TD Securities raised MAG Silver to a "strong-buy" rating in a research report on Monday, March 10th. 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. Roth Capital set a $16.00 target price on MAG Silver in a research report on Tuesday, March 25th. Roth Mkm cut their price objective on MAG Silver from $16.50 to $16.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 25th. Finally, Scotiabank reiterated a "sector perform" rating on shares of MAG Silver in a research report on Monday, April 14th. Five research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, MAG Silver presently has a consensus rating of "Moderate Buy" and a consensus target price of $18.60.

MAG Silver Trading Up 0.1 %

NYSEAMERICAN:MAG traded up $0.01 during mid-day trading on Friday, hitting $15.43. The company had a trading volume of 204,647 shares, compared to its average volume of 671,538. The business has a fifty day simple moving average of $15.42 and a 200-day simple moving average of $15.27. MAG Silver has a 1 year low of $11.29 and a 1 year high of $18.27. The firm has a market capitalization of $1.59 billion, a price-to-earnings ratio of 21.73 and a beta of 1.09.

Institutional Investors Weigh In On MAG Silver

Hedge funds have recently added to or reduced their stakes in the stock. D.A. Davidson & CO. bought a new stake in MAG Silver in the first quarter valued at $167,000. D. E. Shaw & Co. Inc. acquired a new position in shares of MAG Silver during the fourth quarter valued at $156,000. Aigen Investment Management LP acquired a new position in shares of MAG Silver during the fourth quarter valued at $156,000. Susquehanna Fundamental Investments LLC acquired a new position in shares of MAG Silver during the fourth quarter valued at $188,000. Finally, Tradition Wealth Management LLC acquired a new position in shares of MAG Silver during the fourth quarter valued at $222,000. 52.50% of the stock is currently owned by institutional investors.

MAG Silver Announces Dividend

The company also recently disclosed a -- dividend, which was paid on Monday, April 21st. Investors of record on Friday, April 4th were paid a dividend of $0.18 per share. This represents a yield of 1.5%. The ex-dividend date of this dividend was Friday, April 4th. MAG Silver's dividend payout ratio (DPR) is presently 101.41%.

About MAG Silver

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.