Research Analysts Issue Forecasts for AG FY2026 Earnings

First Majestic Silver Corp. (NYSE:AG) (TSE:FR) – Equities research analysts at HC Wainwright raised their FY2026 EPS estimates for shares of First Majestic Silver in a report released on Tuesday, May 12th. HC Wainwright analyst H. Ihle now expects that the mining company will post earnings per share of $0.41 for the year, up from their prior forecast of $0.20. HC Wainwright currently has a “Buy” rating and a $30.75 price target on the stock. The consensus estimate for First Majestic Silver’s current full-year earnings is $0.72 per share.

First Majestic Silver (NYSE:AG) (TSE:FR) last issued its quarterly earnings data on Tuesday, May 12th. The mining company reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.02). First Majestic Silver had a net margin of 19.51% and a return on equity of 11.45%. The firm had revenue of $476.67 million for the quarter, compared to analyst estimates of $522.00 million. During the same quarter in the prior year, the firm posted $0.05 EPS. The firm’s revenue for the quarter was up 95.3% compared to the same quarter last year.

AG has been the topic of several other research reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of First Majestic Silver in a research note on Wednesday, January 21st. BMO Capital Markets upgraded First Majestic Silver from a “market perform” rating to an “outperform” rating in a report on Tuesday, March 24th. Zacks Research lowered First Majestic Silver from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 31st. Wall Street Zen cut First Majestic Silver from a “strong-buy” rating to a “buy” rating in a report on Monday, May 4th. Finally, Scotiabank upgraded First Majestic Silver to a “hold” rating in a research report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $25.25.

First Majestic Silver Trading Down 0.8%

Shares of NYSE AG opened at $24.02 on Thursday. The company’s fifty day moving average is $21.82 and its 200-day moving average is $19.52. The stock has a market cap of $11.84 billion, a price-to-earnings ratio of 40.03 and a beta of 0.85. First Majestic Silver has a twelve month low of $5.49 and a twelve month high of $32.03. The company has a quick ratio of 2.41, a current ratio of 2.60 and a debt-to-equity ratio of 0.09.

Institutional Trading of First Majestic Silver

A number of institutional investors have recently modified their holdings of the company. Lodestone Wealth Management LLC acquired a new position in shares of First Majestic Silver during the fourth quarter worth about $25,000. EFG International AG acquired a new stake in First Majestic Silver in the 4th quarter valued at approximately $25,000. Bogart Wealth LLC acquired a new stake in First Majestic Silver in the 3rd quarter valued at approximately $28,000. Harbor Investment Advisory LLC bought a new stake in First Majestic Silver in the 1st quarter valued at approximately $32,000. Finally, PNC Financial Services Group Inc. lifted its stake in First Majestic Silver by 184.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,508 shares of the mining company’s stock valued at $32,000 after acquiring an additional 978 shares in the last quarter. 27.16% of the stock is currently owned by institutional investors.

First Majestic Silver Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Wednesday, May 20th will be issued a dividend of $0.0171 per share. This is a boost from First Majestic Silver’s previous quarterly dividend of $0.01. The ex-dividend date is Wednesday, May 20th. This represents a $0.07 dividend on an annualized basis and a yield of 0.3%. First Majestic Silver’s dividend payout ratio is currently 8.57%.

About First Majestic Silver

First Majestic Silver Corp. (NYSE:AG) engages in the production of silver from its wholly owned operations in Mexico. Headquartered in Vancouver, British Columbia, the company focuses on acquiring, developing and operating high-grade silver projects. Established in 2002, First Majestic has built a multi-mine portfolio to supply silver primarily for the global industrial and investment markets while generating by-products such as gold, lead and zinc concentrates.

First Majestic’s principal operations are located in the historic Mexican Silver Belt, with producing mines including La Encantada in Coahuila, Santa Elena in Sonora and La Parrilla in Durango.