Roth Capital Has Strong Forecast for MAG Silver Q1 Earnings

MAG Silver Corp. (NYSEAMERICAN:MAG - Free Report) - Equities research analysts at Roth Capital increased their Q1 2025 earnings per share estimates for shares of MAG Silver in a research report issued to clients and investors on Monday, April 28th. Roth Capital analyst J. Reagor now forecasts that the company will earn $0.22 per share for the quarter, up from their prior estimate of $0.15. 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 Q2 2025 earnings at $0.21 EPS, Q3 2025 earnings at $0.17 EPS and FY2025 earnings at $0.74 EPS.

Several other research analysts have also recently commented on the company. Scotiabank reissued a "sector perform" rating on shares of MAG Silver in a research report on Monday, April 14th. Roth Mkm lowered their target price on shares of MAG Silver from $16.50 to $16.00 and set a "neutral" rating on the stock in a report on Tuesday, March 25th. StockNews.com upgraded shares of MAG Silver from a "sell" rating to a "hold" rating in a research note on Monday, March 31st. TD Securities raised shares of MAG Silver to a "strong-buy" rating in a research report on Monday, March 10th. Finally, HC Wainwright reiterated a "buy" rating and issued a $22.00 target price on shares of MAG Silver in a research note on Thursday, April 24th. Five research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, MAG Silver currently has a consensus rating of "Moderate Buy" and a consensus price target of $18.60.

MAG Silver Trading Down 1.2 %

Shares of NYSEAMERICAN MAG traded down $0.17 during mid-day trading on Wednesday, hitting $14.57. The company had a trading volume of 506,968 shares, compared to its average volume of 673,976. The firm has a 50-day simple moving average of $15.33 and a two-hundred day simple moving average of $15.28. The company has a market capitalization of $1.51 billion, a PE ratio of 20.52 and a beta of 1.09. MAG Silver has a one year low of $11.29 and a one year high of $18.27.

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 dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, April 4th. This represents a dividend yield of 1.5%. MAG Silver's dividend payout ratio is 101.41%.

Hedge Funds Weigh In On MAG Silver

Hedge funds and other institutional investors have recently modified their holdings of the business. Barclays PLC grew its holdings in shares of MAG Silver by 211.5% during the 3rd quarter. Barclays PLC now owns 30,780 shares of the company's stock valued at $432,000 after purchasing an additional 20,899 shares during the last quarter. Tidal Investments LLC grew its stake in shares of MAG Silver by 3.6% during the third quarter. Tidal Investments LLC now owns 2,810,051 shares of the company's stock worth $39,453,000 after buying an additional 98,312 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of MAG Silver by 69.1% during the third quarter. JPMorgan Chase & Co. now owns 456,335 shares of the company's stock worth $6,407,000 after buying an additional 186,445 shares in the last quarter. Strategic Financial Concepts LLC bought a new position in shares of MAG Silver in the 4th quarter valued at $240,000. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of MAG Silver by 56.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 278,000 shares of the company's stock valued at $3,781,000 after acquiring an additional 100,500 shares in the last quarter. Institutional investors own 52.50% of the company's stock.

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.