FY2026 Earnings Forecast for MAG Silver Issued By Scotiabank

MAG Silver Corp. (NYSEAMERICAN:MAG - Free Report) - Equities research analysts at Scotiabank upped their FY2026 earnings estimates for shares of MAG Silver in a note issued to investors on Sunday, April 13th. Scotiabank analyst O. Habib now expects that the company will earn $0.52 per share for the year, up from their previous forecast of $0.48. Scotiabank currently has a "Sector Perform" rating on the stock. The consensus estimate for MAG Silver's current full-year earnings is $0.73 per share.

MAG has been the subject of a number of other research reports. Roth Capital set a $16.00 price objective on MAG Silver in a report on Tuesday, March 25th. StockNews.com raised MAG Silver from a "sell" rating to a "hold" rating in a research report on Monday, March 31st. HC Wainwright lifted their price target on shares of MAG Silver from $21.00 to $22.00 and gave the stock a "buy" rating in a research note on Tuesday, March 25th. Roth Mkm decreased their price objective on shares of MAG Silver from $16.50 to $16.00 and set a "neutral" rating for the company in a report on Tuesday, March 25th. Finally, TD Securities raised shares of MAG Silver to a "strong-buy" rating in a research report on Monday, March 10th. Five analysts have rated the stock with a hold rating, three have given 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 $18.60.

MAG Silver Price Performance

NYSEAMERICAN:MAG traded down $0.47 on Wednesday, reaching $15.53. 577,947 shares of the company's stock were exchanged, compared to its average volume of 686,609. The stock has a fifty day simple moving average of $15.55 and a 200-day simple moving average of $15.23. MAG Silver has a 52 week low of $11.29 and a 52 week high of $18.27. The firm has a market cap of $1.61 billion, a price-to-earnings ratio of 21.87 and a beta of 1.09.

MAG Silver Announces Dividend

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

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. First Eagle Investment Management LLC grew its stake in shares of MAG Silver by 46.4% during the fourth quarter. First Eagle Investment Management LLC now owns 7,839,793 shares of the company's stock worth $106,379,000 after acquiring an additional 2,486,538 shares during the last quarter. Tidal Investments LLC raised its holdings in shares of MAG Silver by 3.6% in 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. Sprott Inc. lifted its stake in shares of MAG Silver by 8.5% during the fourth quarter. Sprott Inc. now owns 2,649,507 shares of the company's stock worth $36,004,000 after buying an additional 208,252 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of MAG Silver by 6.7% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,161,605 shares of the company's stock valued at $15,762,000 after buying an additional 73,205 shares during the last quarter. Finally, Millennium Management LLC increased its position 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 acquiring an additional 860,326 shares during the period. Hedge funds and other institutional investors 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.