Analysts Set Expectations for AG FY2025 Earnings

Key Points

• National Bank Financial has raised its FY2025 earnings estimate for First Majestic Silver to $0.23 per share, significantly up from the previous estimate of $0.09.
• The company reported a quarterly EPS of $0.04, missing analysts' expectations, with revenue reaching $264.20 million, a 94% increase year-over-year.
• First Majestic Silver has a current average rating of "Hold" from analysts, with a consensus target price of $9.63 per share.

First Majestic Silver Corp. (NYSE:AG - Free Report) TSE: FR - Equities researchers at National Bank Financial raised their FY2025 earnings estimates for shares of First Majestic Silver in a research report issued on Tuesday, September 23rd. National Bank Financial analyst A. Terentiew now expects that the mining company will post earnings per share of $0.23 for the year, up from their previous estimate of $0.09. National Bank Financial currently 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 $0.27 EPS.

First Majestic Silver (NYSE:AG - Get Free Report) TSE: FR last released its quarterly earnings results on Thursday, August 14th. The mining company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by ($0.02). First Majestic Silver had a return on equity of 1.72% and a net margin of 1.78%.The company had revenue of $264.20 million during the quarter, compared to the consensus estimate of $387.25 million. During the same period in the previous year, the company earned ($0.07) earnings per share. First Majestic Silver's quarterly revenue was up 94.0% on a year-over-year basis.

A number of other equities analysts also recently issued reports on AG. HC Wainwright reiterated a "buy" rating and issued a $12.75 price objective on shares of First Majestic Silver in a report on Friday, August 15th. Scotiabank increased their price target on shares of First Majestic Silver from $6.00 to $6.50 and gave the stock a "sector perform" rating in a research note on Wednesday, July 9th. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $9.63.

First Majestic Silver Stock Up 2.3%

Shares of NYSE:AG opened at $11.68 on Friday. The firm has a market capitalization of $5.71 billion, a P/E ratio of -1,166.33 and a beta of 0.78. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.84 and a current ratio of 3.27. The stock has a 50 day moving average price of $9.24 and a 200-day moving average price of $7.76. First Majestic Silver has a 52-week low of $5.09 and a 52-week high of $12.67.

First Majestic Silver Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 29th were issued a dividend of $0.0048 per share. The ex-dividend date was Friday, August 29th. This represents a $0.02 annualized dividend and a dividend yield of 0.2%. First Majestic Silver's dividend payout ratio (DPR) is presently -200.00%.

Hedge Funds Weigh In On First Majestic Silver

A number of hedge funds have recently bought and sold shares of AG. SBI Securities Co. Ltd. lifted its holdings in First Majestic Silver by 6.1% during the second quarter. SBI Securities Co. Ltd. now owns 22,357 shares of the mining company's stock valued at $185,000 after purchasing an additional 1,282 shares in the last quarter. Harbour Investments Inc. increased its stake in shares of First Majestic Silver by 7.3% in the second quarter. Harbour Investments Inc. now owns 23,696 shares of the mining company's stock worth $196,000 after purchasing an additional 1,620 shares in the last quarter. CWM LLC raised its position in shares of First Majestic Silver by 57.2% during the 2nd quarter. CWM LLC now owns 5,114 shares of the mining company's stock valued at $42,000 after purchasing an additional 1,860 shares during the period. Rathbones Group PLC lifted its stake in shares of First Majestic Silver by 3.3% during the 1st quarter. Rathbones Group PLC now owns 58,732 shares of the mining company's stock valued at $393,000 after buying an additional 1,880 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC lifted its stake in shares of First Majestic Silver by 9.2% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 23,703 shares of the mining company's stock valued at $196,000 after buying an additional 2,001 shares in the last quarter. Institutional investors own 27.16% of the company's stock.

First Majestic Silver Company Profile

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.

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