Roth Capital Decreases Earnings Estimates for MAG Silver

MAG Silver Corp. (NYSEAMERICAN:MAG - Free Report) - Equities research analysts at Roth Capital cut their FY2026 earnings per share (EPS) estimates for MAG Silver in a note issued to investors on Monday, April 28th. Roth Capital analyst J. Reagor now anticipates that the company will earn $0.59 per share for the year, down from their previous estimate of $0.60. The consensus estimate for MAG Silver's current full-year earnings is $0.73 per share.

Other research analysts have also issued research reports about the stock. Scotiabank reissued a "sector perform" rating on shares of MAG Silver in a research report on Monday, April 14th. Raymond James reiterated an "outperform" rating on shares of MAG Silver in a research note on Tuesday, March 25th. Roth Mkm dropped their target price on shares of MAG Silver from $16.50 to $16.00 and set a "neutral" rating for the company in a research report on Tuesday, March 25th. StockNews.com upgraded shares of MAG Silver from a "sell" rating to a "hold" rating in a research report on Monday, March 31st. Finally, HC Wainwright reaffirmed a "buy" rating and set a $22.00 price objective on shares of MAG Silver in a report on Thursday, April 24th. Five investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $18.60.

MAG Silver Trading Down 1.2 %

MAG stock traded down $0.17 during mid-day trading on Tuesday, hitting $14.57. The stock had a trading volume of 506,968 shares, compared to its average volume of 673,976. MAG Silver has a 1-year low of $11.29 and a 1-year high of $18.27. The company has a fifty day moving average of $15.36 and a 200 day moving average of $15.29. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of 20.52 and a beta of 1.09.

MAG Silver Announces Dividend

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

Institutional Trading of MAG Silver

Several hedge funds have recently added to or reduced their stakes in the business. Aigen Investment Management LP acquired a new position in shares of MAG Silver in the 4th quarter valued at approximately $156,000. D. E. Shaw & Co. Inc. acquired a new stake in MAG Silver in the 4th quarter valued at $156,000. D.A. Davidson & CO. acquired a new position in shares of MAG Silver during the 1st quarter worth about $167,000. Susquehanna Fundamental Investments LLC bought a new position in shares of MAG Silver in the 4th quarter valued at about $188,000. Finally, Tradition Wealth Management LLC acquired a new stake in shares of MAG Silver in the fourth quarter valued at about $222,000. Institutional investors and hedge funds own 52.50% of the company's stock.

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.