FY2026 Earnings Forecast for MAG Silver Issued By Scotiabank

MAG Silver Corp. (NYSEAMERICAN:MAG - Free Report) - Scotiabank raised their FY2026 EPS estimates for MAG Silver in a report issued on Sunday, April 13th. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $0.52 for the year, up from their prior forecast of $0.48. Scotiabank has a "Sector Perform" rating on the stock. The consensus estimate for MAG Silver's current full-year earnings is $0.73 per share.

Several other equities research analysts also recently issued reports on the stock. Roth Mkm dropped their price target on shares of MAG Silver from $16.50 to $16.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 25th. Roth Capital set a $16.00 price objective on MAG Silver in a research note on Tuesday, March 25th. HC Wainwright increased their target price on MAG Silver from $21.00 to $22.00 and gave the company a "buy" rating in a research note on Tuesday, March 25th. Raymond James reaffirmed an "outperform" rating on shares of MAG Silver in a report on Tuesday, March 25th. Finally, StockNews.com raised shares of MAG Silver from a "sell" rating to a "hold" rating in a research report on Monday, March 31st. Five investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, MAG Silver currently has a consensus rating of "Moderate Buy" and a consensus price target of $18.60.

MAG Silver Stock Performance

Shares of NYSEAMERICAN:MAG traded down $0.01 during mid-day trading on Wednesday, hitting $15.52. 453,886 shares of the company traded hands, compared to its average volume of 683,463. The firm has a market cap of $1.60 billion, a P/E ratio of 21.86 and a beta of 1.09. MAG Silver has a 52-week low of $11.29 and a 52-week high of $18.27. The firm's 50 day simple moving average is $15.53 and its 200 day simple moving average is $15.24.

Institutional Trading of MAG Silver

Several large investors have recently added to or reduced their stakes in MAG. CIBC Asset Management Inc increased its holdings in shares of MAG Silver by 0.7% during the 4th quarter. CIBC Asset Management Inc now owns 114,355 shares of the company's stock valued at $1,550,000 after acquiring an additional 755 shares during the last quarter. Swiss National Bank grew its holdings in MAG Silver by 0.6% during the fourth quarter. Swiss National Bank now owns 193,900 shares of the company's stock valued at $2,633,000 after purchasing an additional 1,200 shares during the last quarter. Geode Capital Management LLC raised its position in shares of MAG Silver by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 50,088 shares of the company's stock valued at $687,000 after purchasing an additional 1,245 shares during the period. Veracity Capital LLC lifted its stake in shares of MAG Silver by 8.1% in the first quarter. Veracity Capital LLC now owns 18,611 shares of the company's stock worth $284,000 after buying an additional 1,401 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in MAG Silver by 5.1% in the 4th quarter. Bank of America Corp DE now owns 49,779 shares of the company's stock valued at $677,000 after buying an additional 2,399 shares during the last quarter. 52.50% of the stock is currently owned by institutional investors and hedge funds.

MAG Silver Announces Dividend

The company also recently announced a -- dividend, which will be paid on Monday, April 21st. Shareholders of record on Friday, April 4th will be paid a dividend of $0.18 per share. This represents a yield of 1.5%. The ex-dividend date of this dividend is Friday, April 4th. MAG Silver's payout ratio is 101.41%.

MAG Silver Company Profile

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.