First Majestic Silver (NYSE:AG) Upgraded at Zacks Research

Zacks Research upgraded shares of First Majestic Silver (NYSE:AG) (TSE:FR) from a hold rating to a strong-buy rating in a research note issued to investors on Thursday,Zacks.com reports.

Other equities research analysts have also issued reports about the company. Weiss Ratings restated a “hold (c-)” rating on shares of First Majestic Silver in a research report on Wednesday, January 21st. BMO Capital Markets restated a “market perform” rating on shares of First Majestic Silver in a report on Friday, January 16th. HC Wainwright raised their target price on First Majestic Silver to $30.00 and gave the company a “buy” rating in a research note on Friday. Scotiabank upped their price target on shares of First Majestic Silver from $12.50 to $23.00 and gave the stock a “sector perform” rating in a research report on Monday, January 26th. Finally, Cormark raised shares of First Majestic Silver from a “hold” rating to a “moderate buy” rating in a report on Thursday, November 6th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $25.00.

First Majestic Silver Trading Up 11.1%

Shares of First Majestic Silver stock opened at $27.54 on Thursday. First Majestic Silver has a 12-month low of $5.09 and a 12-month high of $27.90. The stock has a market capitalization of $13.57 billion, a P/E ratio of 78.68 and a beta of 0.85. The company has a 50-day simple moving average of $20.51 and a 200 day simple moving average of $14.80. The company has a quick ratio of 2.96, a current ratio of 3.38 and a debt-to-equity ratio of 0.07.

First Majestic Silver (NYSE:AG) (TSE:FR) last released its quarterly earnings results on Thursday, February 19th. The mining company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. The firm had revenue of $463.92 million for the quarter, compared to analyst estimates of $561.30 million. First Majestic Silver had a net margin of 13.12% and a return on equity of 7.41%. The company’s revenue for the quarter was up 169.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.03 earnings per share. Research analysts expect that First Majestic Silver will post 0.54 earnings per share for the current fiscal year.

First Majestic Silver Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 27th will be issued a $0.0083 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $0.03 annualized dividend and a yield of 0.1%. This is an increase from First Majestic Silver’s previous quarterly dividend of $0.01. First Majestic Silver’s payout ratio is 5.71%.

Institutional Trading of First Majestic Silver

Several large investors have recently made changes to their positions in the company. Lodestone Wealth Management LLC acquired a new position in First Majestic Silver during the fourth quarter valued at approximately $25,000. EFG International AG bought a new position in shares of First Majestic Silver in the 4th quarter valued at $25,000. Bogart Wealth LLC acquired a new position in shares of First Majestic Silver during the 3rd quarter worth $28,000. Spire Wealth Management acquired a new position in shares of First Majestic Silver during the 4th quarter worth $35,000. Finally, Sound Income Strategies LLC lifted its position in shares of First Majestic Silver by 29,900.0% during the 3rd quarter. Sound Income Strategies LLC now owns 3,000 shares of the mining company’s stock worth $37,000 after buying an additional 2,990 shares during the last quarter. Institutional investors and hedge funds own 27.16% of the company’s stock.

First Majestic Silver News Summary

Here are the key news stories impacting First Majestic Silver this week:

• Positive Sentiment: Earnings beat & return to profitability — First Majestic reported Q4 EPS of $0.30 vs. $0.27 consensus and swung to profit for the year, which is the primary catalyst investors are rewarding. This underpins the rally and supports sentiment that operational leverage to silver is working in a rising-price environment. Earnings Press Release
• Positive Sentiment: Dividend hike — the company raised its quarterly payout ~59.6% to $0.0083 (annualized yield ~0.1%), signaling stronger cash flow and returning capital to shareholders, which supports the bullish narrative. Dividend & Results Release
• Positive Sentiment: Unusually large call option activity — traders bought ~109,053 call options (≈+51% vs. average), indicating short-term bullish positioning that can amplify upside intraday/near-term. (No external link provided)
• Neutral Sentiment: Revenue missed expectations — Q4 revenue was $463.9M versus ~$561.3M consensus, a notable shortfall that tempers the EPS beat and reminds investors that volumes/realizations matter; keep an eye on guidance and silver price sensitivity. Earnings Snapshot
• Neutral Sentiment: Media coverage and investor notes highlighted the turnaround and dividend, helping momentum but also attracting short-term traders; monitor volume and whether buying is sustained. Example coverage: Yahoo Article and Insidermonkey Article
• Negative Sentiment: Analyst downgrade — Seeking Alpha published a “double downgrade” note warning that leverage to silver can cut both ways, which could pressure sentiment if silver prices pull back or operational metrics disappoint. Seeking Alpha Downgrade

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.