Brokers predict MAG Silver Corp. (NYSEAMERICAN:MAG) FY2026 earnings.: MAG Silver Corp Predictions – Broker Earnings Forecast

By | June 1, 2024

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1. MAG Silver Corp FY2026 earnings predictions
2. NYSEAMERICAN:MAG brokers forecasts
3. MAG stock analysts projections

Brokers Offer Predictions for MAG Silver Corp.’s FY2026 Earnings (NYSEAMERICAN:MAG)

MAG Silver Corp. (NYSEAMERICAN:MAG) is projected to post earnings per share of $0.60 for FY2026, according to National Bank Financial analysts. The company recently reported quarterly earnings of $0.14 per share, surpassing estimates by $0.04. Various analysts have issued ratings on MAG Silver, with HC Wainwright and Stifel Nicolaus giving buy ratings, while StockNews.com upgraded the stock to a sell rating. MAG Silver has a 52-week low of $8.19 and a high of $14.30, with a market cap of $1.38 billion. Institutional investors like Van ECK Associates Corp and Raymond James Financial Services Advisors Inc. have also shown interest in the company. Check out MarketBeat’s latest research report on MAG Silver for more insights.

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MAG Silver Corp. (NYSEAMERICAN:MAG) has been making waves in the financial world, especially after research analysts at National Bank Financial issued their predictions for the company’s FY2026 earnings. According to analyst D. Demarco, MAG Silver is expected to post earnings per share of $0.60 for the year, slightly higher than the consensus estimate of $0.57 per share. This news has sparked interest among investors and analysts alike, leading to a closer look at the company’s performance and potential.

In a recent report, MAG Silver announced its quarterly earnings results, with the company reporting $0.14 EPS for the quarter, surpassing the consensus estimate of $0.10 by $0.04. This positive outcome has further fueled optimism surrounding the company’s future prospects and growth potential. Analysts at various financial institutions have also weighed in on MAG Silver, with HC Wainwright reaffirming a “buy” rating and setting a price target of $17.00, while Stifel Nicolaus raised their price target to $20.50 and gave the company a “buy” rating.

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StockNews.com recently upgraded MAG Silver to a “sell” rating, signaling confidence in the company’s performance and market position. Despite some mixed reviews, overall sentiment towards MAG Silver remains positive, with an average rating of “Moderate Buy” and an average target price of $18.88. This indicates a strong belief in the company’s potential for growth and success in the coming years.

As of the latest update, MAG Silver’s stock has experienced a slight decline of 0.5%, with shares opening at $13.38 on Friday. The company has a 52-week low of $8.19 and a high of $14.30, showcasing both stability and growth potential. With a market cap of $1.38 billion, a P/E ratio of 23.89, and a beta of 1.10, MAG Silver continues to attract attention from investors looking for promising opportunities in the market.

In terms of institutional investments, Van ECK Associates Corp, Raymond James Financial Services Advisors Inc., Quadrature Capital Ltd, and other key players have shown interest in MAG Silver, further solidifying the company’s position in the industry. These hedge funds and institutional investors collectively own 52.50% of MAG Silver’s stock, highlighting the confidence and trust placed in the company’s growth trajectory.

MAG Silver Corp. is a Canadian-based company that specializes in developing and exploring precious metal properties, focusing on silver, gold, lead, copper, and zinc deposits. The company’s flagship property, the Juanicipio property in Mexico, has been a key driver of its success and growth. With a strong foothold in the market and a commitment to excellence, MAG Silver continues to be a leading player in the industry.

Overall, the future looks bright for MAG Silver, with positive earnings forecasts, strong analyst ratings, and a solid market position. Investors and analysts alike are keeping a close eye on the company’s performance, expecting further growth and success in the years to come. With a dedicated team, a clear vision, and a solid track record, MAG Silver is poised to make significant strides in the financial market and beyond.

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