National Bank Financial Forecasts AG FY2025 Earnings

First Majestic Silver Corp. (NYSE:AG - Free Report) TSE: FR - Equities research analysts at National Bank Financial issued their FY2025 earnings per share (EPS) estimates for shares of First Majestic Silver in a research report issued on Tuesday, July 15th. National Bank Financial analyst A. Terentiew forecasts that the mining company will post earnings per share of $0.06 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:AG - Get Free Report) TSE: FR last posted its earnings results on Wednesday, May 7th. The mining company reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.06 by ($0.01). The business had revenue of $241.12 million for the quarter, compared to analyst estimates 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 was up 41.6% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.05) earnings per share.

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

First Majestic Silver Stock Performance

AG traded down $0.21 during trading on Friday, hitting $8.27. The stock had a trading volume of 16,458,990 shares, compared to its average volume of 16,107,580. The company has a 50 day moving average price of $7.53 and a 200-day moving average price of $6.53. The firm 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. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.19 and a quick ratio of 2.74.

Institutional Trading of First Majestic Silver

A number of large investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in First Majestic Silver by 26.7% during the first quarter. Vanguard Group Inc. now owns 14,475,305 shares of the mining company's stock worth $96,768,000 after purchasing an additional 3,051,614 shares during the last quarter. Tidal Investments LLC increased its holdings in First Majestic Silver by 135.2% during the 4th quarter. Tidal Investments LLC now owns 13,596,866 shares of the mining company's stock valued at $74,647,000 after purchasing an additional 7,816,177 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in First Majestic Silver by 11.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,845,005 shares of the mining company's stock valued at $52,436,000 after purchasing an additional 820,664 shares during the period. Municipal Employees Retirement System of Michigan purchased a new position in shares of First Majestic Silver during the 1st quarter worth approximately $47,656,000. Finally, Jupiter Asset Management Ltd. purchased a new position in shares of First Majestic Silver during the 1st quarter worth approximately $46,070,000. 27.16% of the stock is owned by hedge funds and other institutional investors.

First Majestic Silver Dividend Announcement

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

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.