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

MAG Silver Corp. (NYSEAMERICAN:MAG - Free Report) - Stock analysts at Cormark issued their FY2026 earnings estimates for MAG Silver in a report released on Tuesday, March 25th. Cormark analyst N. Dion forecasts that the company will earn $0.62 per share for the year. The consensus estimate for MAG Silver's current full-year earnings is $0.73 per share.

Several other equities analysts also recently issued reports on the stock. Roth Capital set a $16.00 price objective on shares of 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 stock a "buy" rating in a research report on Tuesday, March 25th. Roth Mkm lowered their price target on MAG Silver from $16.50 to $16.00 and set a "neutral" rating for the company in a research report on Tuesday, March 25th. Raymond James restated an "outperform" rating on shares of MAG Silver in a report on Tuesday. Finally, TD Securities upgraded MAG Silver to a "strong-buy" rating in a report on Monday, March 10th. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, MAG Silver presently has an average rating of "Moderate Buy" and a consensus price target of $18.00.

MAG Silver Trading Down 5.6 %

Shares of NYSEAMERICAN:MAG traded down $0.93 during midday trading on Wednesday, hitting $15.70. 1,089,570 shares of the stock were exchanged, compared to its average volume of 628,689. MAG Silver has a twelve month low of $10.62 and a twelve month high of $18.27. The company has a market capitalization of $1.62 billion, a PE ratio of 22.11 and a beta of 1.09. The firm has a 50 day simple moving average of $15.70.

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MAG Silver Dividend Announcement

The company also recently announced a -- dividend, which will be paid on Monday, April 21st. Stockholders of record on Friday, April 4th will be given a $0.18 dividend. This represents a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, April 4th.

Institutional Trading of MAG Silver

Several institutional investors have recently made changes to their positions in MAG. First Eagle Investment Management LLC lifted its stake in MAG Silver by 46.4% in the fourth quarter. First Eagle Investment Management LLC now owns 7,839,793 shares of the company's stock valued at $106,379,000 after acquiring an additional 2,486,538 shares during the last quarter. Millennium Management LLC lifted its stake in shares of MAG Silver by 3,324.7% in the 4th quarter. Millennium Management LLC now owns 886,203 shares of the company's stock valued at $12,052,000 after purchasing an additional 860,326 shares during the last quarter. Raymond James Financial Inc. bought a new stake in MAG Silver in the fourth quarter worth $3,482,000. The Manufacturers Life Insurance Company increased its position in MAG Silver by 199.7% during the third quarter. The Manufacturers Life Insurance Company now owns 382,027 shares of the company's stock worth $5,374,000 after buying an additional 254,553 shares during the last quarter. Finally, Sprott Inc. raised its holdings in MAG Silver by 8.5% during the fourth quarter. Sprott Inc. now owns 2,649,507 shares of the company's stock valued at $36,004,000 after buying an additional 208,252 shares in the last quarter. 52.50% of the stock is currently owned by institutional investors and hedge funds.

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.