FY2026 Earnings Estimate for MAG Silver Issued By Cormark

MAG Silver Corp. (NYSEAMERICAN:MAG) has recently been in the spotlight as Cormark analysts released their fiscal year 2026 earnings estimates. According to a research note published on March 25th, Cormark analyst N. Dion predicts that MAG Silver will achieve earnings of $0.62 per share for FY2026. This estimate is slightly lower than the current consensus for the company's full-year earnings, which stands at $0.73 per share.

In addition to Cormark's insights, several other research firms have recently provided their evaluations of MAG Silver. On the same day, HC Wainwright updated their price target for MAG Silver from $21.00 to $22.00, maintaining a "buy" rating for the stock. On March 10th, TD Securities upgraded their rating of MAG Silver to a "strong-buy". Conversely, Roth MKM adjusted their price target for MAG Silver down from $16.50 to $16.00 and issued a "neutral" rating. The overall analysis shows a mixed but generally positive outlook, with four analysts recommending a hold, three recommending a buy, and one declaring a strong buy. MarketBeat data indicates that MAG Silver holds an average rating of "Moderate Buy" with an average target price set at $18.50.

Current Trading Details of MAG Silver

As of Wednesday, MAG Silver shares opened at $16.48, reflecting a decrease of 1.7%. The stock's 50-day moving average is noted at $15.58. Looking at the past year, MAG Silver experienced a 52-week low of $8.97 and a high of $18.27. The company holds a market capitalization of $1.70 billion and carries a price-to-earnings ratio of 23.21, with a beta of 1.09.

Institutional Ownership and Trading Activity

Recent trading activity shows that hedge funds and other institutional investors are actively modifying their positions in MAG Silver. For instance, Quantbot Technologies LP made a new purchase of MAG Silver shares during the third quarter, estimating the investment at around $52,000. DF Dent & Co. Inc. and Pekin Hardy Strauss Inc. also established new stakes at approximately $140,000 each during the same period. During the fourth quarter, Aigen Investment Management LP and D. E. Shaw & Co. Inc. acquired new positions in MAG Silver, each valued at about $156,000. Notably, institutional investors now hold approximately 52.50% of MAG Silver's stock.

Latest Dividend Announcement

In recent corporate news, MAG Silver announced a forthcoming dividend, scheduled for distribution on April 21st. Shareholders who are on record as of April 4th will receive a dividend of $0.18 per share, which reflects a yield of 1.5%. The ex-dividend date is also set for April 4th.

Overview of MAG Silver Corp.

MAG Silver Corp. is focused on developing and exploring precious metal properties primarily in Canada. The company's notable project is the Juanicipio property, where it holds a 44% stake, situated in the Fresnillo District of Zacatecas State, Mexico. MAG Silver is headquartered in Vancouver, Canada.

Earnings, Forecast, Stocks