Equities Analysts Offer Predictions for AG FY2026 Earnings

First Majestic Silver Corp. (NYSE:AG) (TSE:FR) – Scotiabank lowered their FY2026 earnings per share (EPS) estimates for First Majestic Silver in a research note issued on Thursday, May 14th. Scotiabank analyst E. Winmill now anticipates that the mining company will earn $0.69 per share for the year, down from their prior forecast of $0.72. Scotiabank has a “Hold” rating on the stock. The consensus estimate for First Majestic Silver’s current full-year earnings is $0.79 per share.

First Majestic Silver (NYSE:AG) (TSE:FR) last announced its earnings results on Tuesday, May 12th. The mining company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.02). First Majestic Silver had a net margin of 19.51% and a return on equity of 11.19%. The company had revenue of $476.67 million for the quarter, compared to the consensus estimate of $522.00 million. During the same period last year, the business posted $0.05 EPS. The firm’s revenue was up 95.3% compared to the same quarter last year.

AG has been the topic of several other research reports. BMO Capital Markets upgraded First Majestic Silver from a “market perform” rating to an “outperform” rating in a research note on Tuesday, March 24th. Zacks Research lowered shares of First Majestic Silver from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 31st. Weiss Ratings upgraded shares of First Majestic Silver from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday. HC Wainwright lifted their price objective on shares of First Majestic Silver to $30.75 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Wall Street Zen cut shares of First Majestic Silver from a “strong-buy” rating to a “buy” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $25.25.

First Majestic Silver Trading Down 5.5%

Shares of NYSE AG opened at $22.67 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.73 and a quick ratio of 2.41. The stock has a market capitalization of $11.18 billion, a P/E ratio of 37.79 and a beta of 0.85. First Majestic Silver has a 1-year low of $5.49 and a 1-year high of $32.03. The business has a fifty day moving average price of $21.71 and a 200 day moving average price of $19.59.

First Majestic Silver Increases Dividend

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

Institutional Investors Weigh In On First Majestic Silver

A number of large investors have recently modified their holdings of the business. Van ECK Associates Corp grew its stake in shares of First Majestic Silver by 32.0% during the third quarter. Van ECK Associates Corp now owns 43,225,807 shares of the mining company’s stock worth $531,234,000 after acquiring an additional 10,471,543 shares during the last quarter. Tidal Investments LLC boosted its stake in First Majestic Silver by 14.0% in the 3rd quarter. Tidal Investments LLC now owns 21,014,859 shares of the mining company’s stock worth $258,273,000 after purchasing an additional 2,581,023 shares in the last quarter. Vanguard Group Inc. grew its position in First Majestic Silver by 5.2% during the 4th quarter. Vanguard Group Inc. now owns 18,995,222 shares of the mining company’s stock worth $316,914,000 after purchasing an additional 945,067 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in First Majestic Silver by 38.5% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,932,368 shares of the mining company’s stock worth $232,539,000 after purchasing an additional 5,265,612 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in First Majestic Silver by 408.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 15,041,912 shares of the mining company’s stock valued at $250,821,000 after purchasing an additional 12,081,688 shares in the last quarter. Hedge funds and other institutional investors own 27.16% of the company’s stock.

First Majestic Silver Company Profile

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.