Analysts Set Expectations for MAG Silver FY2025 Earnings

MAG Silver Corp. (NYSEAMERICAN:MAG - Free Report) - Analysts at HC Wainwright increased their FY2025 earnings per share (EPS) estimates for MAG Silver in a report issued on Tuesday, March 25th. HC Wainwright analyst H. Ihle now expects that the company will post earnings per share of $1.01 for the year, up from their previous forecast of $0.82. HC Wainwright has a "Buy" rating and a $22.00 price objective on the stock. The consensus estimate for MAG Silver's current full-year earnings is $0.73 per share.

Other equities research analysts also recently issued research reports about the company. Roth Capital set a $16.00 price objective on MAG Silver in a report on Tuesday, March 25th. Raymond James reissued an "outperform" rating on shares of MAG Silver in a research report on Tuesday, March 25th. TD Securities upgraded shares of MAG Silver to a "strong-buy" rating in a report on Monday, March 10th. Finally, Roth Mkm reduced 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. Four equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $18.00.

MAG Silver Stock Performance

Shares of NYSEAMERICAN:MAG traded down $0.35 during mid-day trading on Thursday, reaching $15.35. 320,679 shares of the company were exchanged, compared to its average volume of 623,345. The company has a 50-day moving average price of $15.70. MAG Silver has a 1 year low of $10.62 and a 1 year high of $18.27. The company has a market cap of $1.59 billion, a price-to-earnings ratio of 21.62 and a beta of 1.09.

Institutional Trading of MAG Silver

A number of large investors have recently made changes to their positions in the company. Quantbot Technologies LP acquired a new position in MAG Silver in the 3rd quarter valued at about $52,000. DF Dent & Co. Inc. acquired a new stake in shares of MAG Silver during the third quarter worth approximately $140,000. Aigen Investment Management LP bought a new stake in shares of MAG Silver in the fourth quarter worth $156,000. D. E. Shaw & Co. Inc. acquired a new stake in MAG Silver in the fourth quarter valued at $156,000. Finally, Verition Fund Management LLC bought a new position in MAG Silver during the 3rd quarter valued at $168,000. 52.50% of the stock is owned by institutional investors and hedge funds.

MAG Silver Dividend Announcement

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

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.