Scotiabank Has Optimistic Outlook of TSE:AG FY2026 Earnings

First Majestic Silver Corp. (TSE:AG) – Stock analysts at Scotiabank boosted their FY2026 EPS estimates for shares of First Majestic Silver in a research note issued on Wednesday, July 15th. Scotiabank analyst E. Winmill now forecasts that the company will post earnings per share of $1.05 for the year, up from their prior estimate of $0.95. Scotiabank has a “Hold” rating on the stock. The consensus estimate for First Majestic Silver’s current full-year earnings is $0.46 per share.

First Majestic Silver (TSE:AG) last posted its quarterly earnings data on Tuesday, May 12th. The company reported C$0.43 EPS for the quarter. First Majestic Silver had a return on equity of 10.82% and a net margin of 19.45%.The company had revenue of C$662.71 million during the quarter.

Several other analysts have also recently commented on AG. ATB Cormark Capital Markets upgraded First Majestic Silver from a “hold” rating to a “moderate buy” rating and boosted their price target for the stock from C$36.00 to C$37.00 in a research report on Friday, July 10th. BMO Capital Markets upgraded First Majestic Silver from a “hold” rating to an “outperform” rating and set a C$35.00 price objective on the stock in a report on Tuesday, March 24th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$30.40.

First Majestic Silver Price Performance

TSE AG opened at C$22.31 on Monday. The company has a market cap of C$11.02 billion, a PE ratio of 37.81 and a beta of 2.79. The stock’s 50 day simple moving average is C$25.67 and its 200-day simple moving average is C$28.84. First Majestic Silver has a 1-year low of C$10.69 and a 1-year high of C$43.69.

About First Majestic Silver

First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine.