Equities Analysts Offer Predictions for AG FY2025 Earnings

First Majestic Silver Corp. (NYSE:AGFree Report) (TSE:FR) – Analysts at National Bank Financial issued their FY2025 earnings per share (EPS) estimates for First Majestic Silver in a report released on Tuesday, July 15th. National Bank Financial analyst A. Terentiew forecasts that the mining company will earn $0.06 per share for the year. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for First Majestic Silver’s current full-year earnings is $0.54 per share. National Bank Financial also issued estimates for First Majestic Silver’s FY2026 earnings at $0.11 EPS.

First Majestic Silver (NYSE:AGGet Free Report) (TSE:FR) last posted its earnings results on Wednesday, May 7th. The mining company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). The firm had revenue of $241.12 million for the quarter, compared to analysts’ expectations of $358.65 million. First Majestic Silver had a negative return on equity of 0.14% and a negative net margin of 12.32%. The firm’s revenue for the quarter was up 41.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.05) earnings per share.

A number of other analysts also recently commented on the company. Scotiabank boosted their target price on First Majestic Silver from $6.00 to $6.50 and gave the stock a “sector perform” rating in a research report on Wednesday, July 9th. National Bankshares reiterated a “sector perform” rating on shares of First Majestic Silver in a research report on Wednesday, April 2nd. Finally, HC Wainwright boosted their target price on First Majestic Silver from $11.50 to $12.75 and gave the stock a “buy” rating in a research report on Thursday, July 10th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $9.63.

Read Our Latest Report on AG

First Majestic Silver Stock Down 2.5%

AG opened at $8.27 on Friday. The business’s fifty day moving average is $7.53 and its two-hundred day moving average is $6.53. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.74 and a current ratio of 3.19. The company has a market cap of $4.03 billion, a price-to-earnings ratio of -28.52 and a beta of 0.82. First Majestic Silver has a one year low of $4.43 and a one year high of $9.48.

First Majestic Silver Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 30th. Stockholders of record on Monday, May 19th were given a $0.0045 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a dividend yield of 0.32%. First Majestic Silver’s dividend payout ratio is currently -6.90%.

Institutional Trading of First Majestic Silver

Institutional investors and hedge funds have recently made changes to their positions in the stock. Alps Advisors Inc. purchased a new position in First Majestic Silver during the first quarter worth about $1,935,000. Charles Schwab Investment Management Inc. lifted its position in First Majestic Silver by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 565,982 shares of the mining company’s stock worth $3,109,000 after buying an additional 18,219 shares during the period. Oppenheimer & Co. Inc. purchased a new position in First Majestic Silver during the first quarter worth about $79,000. Raymond James Financial Inc. purchased a new position in First Majestic Silver during the fourth quarter worth about $2,442,000. Finally, D.A. Davidson & CO. purchased a new position in First Majestic Silver during the first quarter worth about $445,000. 27.16% of the stock is currently owned by hedge funds and other institutional investors.

First Majestic Silver Company Profile

(Get Free Report)

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. Its projects include the San Dimas mine covering an area of approximately 71,867 hectares located in Durango State, Mexico; the Santa Elena that covers an area of approximately 102,244 hectares located in Sonora State, México; and the La Encantada covering an area of approximately 4,076 hectares located in Coahuila State, México.

Recommended Stories

Earnings History and Estimates for First Majestic Silver (NYSE:AG)

Receive News & Ratings for First Majestic Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Majestic Silver and related companies with MarketBeat.com's FREE daily email newsletter.