FY2026 Earnings Estimate for McEwen Issued By HC Wainwright

Key Points

• HC Wainwright initiated FY2026 EPS coverage for McEwen at $0.97 per share, slightly above the consensus estimate of $0.92. The firm kept a Buy rating and $29.50 price target.
• McEwen’s most recent quarterly results beat expectations, with EPS of $0.66 versus the $0.25 estimate, though revenue of $64.6 million came in below forecasts. The company posted a 13.65% return on equity and a 31.40% net margin.
• Analyst sentiment is generally positive, with MarketBeat showing a Moderate Buy consensus and an average price target of $29.83. McEwen shares were trading at $24.20, below the target range but near the stock’s 52-week high.

McEwen Inc. (NYSE:MUX - Free Report) TSE: MUX - Analysts at HC Wainwright issued their FY2026 earnings per share (EPS) estimates for McEwen in a research note issued on Thursday, May 7th. HC Wainwright analyst H. Ihle forecasts that the basic materials company will earn $0.97 per share for the year. HC Wainwright currently has a "Buy" rating and a $29.50 target price on the stock. The consensus estimate for McEwen's current full-year earnings is $0.92 per share.

McEwen (NYSE:MUX - Get Free Report) TSE: MUX last released its earnings results on Thursday, March 12th. The basic materials company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.41. McEwen had a return on equity of 13.65% and a net margin of 31.40%.The firm had revenue of $64.60 million for the quarter, compared to the consensus estimate of $72.83 million.

Several other research firms also recently issued reports on MUX. Weiss Ratings raised McEwen from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Wednesday, March 11th. Roth Mkm upped their target price on McEwen from $30.00 to $35.00 and gave the company a "buy" rating in a research report on Wednesday, March 18th. Wall Street Zen raised McEwen from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, Zacks Research downgraded McEwen from a "hold" rating to a "strong sell" rating in a research report on Wednesday, April 15th. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, McEwen has a consensus rating of "Moderate Buy" and an average price target of $29.83.

McEwen Price Performance

NYSE MUX opened at $24.20 on Monday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.14 and a quick ratio of 0.81. The stock's fifty day moving average price is $22.98 and its 200 day moving average price is $21.62. McEwen has a 1 year low of $6.88 and a 1 year high of $29.70. The company has a market cap of $1.45 billion, a price-to-earnings ratio of 20.51 and a beta of 1.19.

Institutional Investors Weigh In On McEwen

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State Street Corp grew its position in McEwen by 24.4% during the 4th quarter. State Street Corp now owns 2,190,605 shares of the basic materials company's stock worth $40,548,000 after purchasing an additional 429,761 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in McEwen by 38.2% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,959,913 shares of the basic materials company's stock worth $33,515,000 after purchasing an additional 541,890 shares during the period. Dimensional Fund Advisors LP grew its position in McEwen by 1.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,285,603 shares of the basic materials company's stock worth $21,982,000 after purchasing an additional 15,439 shares during the period. BNP Paribas Financial Markets grew its position in McEwen by 56.3% during the 4th quarter. BNP Paribas Financial Markets now owns 1,001,596 shares of the basic materials company's stock worth $18,540,000 after purchasing an additional 360,857 shares during the period. Finally, Vanguard Group Inc. grew its position in shares of McEwen by 3.1% during the 3rd quarter. Vanguard Group Inc. now owns 884,347 shares of the basic materials company's stock valued at $15,122,000 after acquiring an additional 26,846 shares during the period. 17.03% of the stock is owned by institutional investors and hedge funds.

About McEwen

McEwen Mining Inc NYSE: MUX is a Canada-based precious metals company focused on the exploration, development and production of gold, silver and copper. Headquartered in Toronto, the company pursues a diversified portfolio of assets across the Americas, with operations and projects spanning Argentina, Mexico, Canada and the United States. McEwen Mining employs an integrated approach that combines in-house technical expertise with strategic partnerships to advance its assets from resource definition through to commercial production.

The company's flagship producing asset is the San José mine in Argentina, a high-grade silver-gold operation.

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