Cormark Equities Analysts Reduce Earnings Estimates for AG

First Majestic Silver Corp. (NYSE:AG - Free Report) TSE: FR - Equities research analysts at Cormark lowered their Q4 2025 earnings per share (EPS) estimates for First Majestic Silver in a research note issued to investors on Thursday, July 10th. Cormark analyst R. Gray now anticipates that the mining company will post earnings of $0.05 per share for the quarter, down from their prior forecast of $0.12. The consensus estimate for First Majestic Silver's current full-year earnings is $0.54 per share.

First Majestic Silver (NYSE:AG - Get Free Report) TSE: FR last released its earnings results on Wednesday, May 7th. The mining company reported $0.05 earnings per share (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 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%. First Majestic Silver's revenue was up 41.6% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.05) earnings per share.

A number of other brokerages have also recently weighed in on AG. National Bank Financial raised First Majestic Silver to a "hold" rating in a research note on Thursday, June 12th. HC Wainwright lifted their price target on First Majestic Silver from $11.50 to $12.75 and gave the stock a "buy" rating in a research note on Thursday. Scotiabank lifted their price target on First Majestic Silver from $6.00 to $6.50 and gave the stock a "sector perform" rating in a research note on Wednesday. Finally, National Bankshares reissued a "sector perform" rating on shares of First Majestic Silver in a research note on Wednesday, April 2nd. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, First Majestic Silver presently has an average rating of "Hold" and an average price target of $9.63.

First Majestic Silver Price Performance

NYSE:AG opened at $8.66 on Friday. The business's 50-day moving average price is $7.19 and its 200 day moving average price is $6.39. The firm has a market cap of $4.19 billion, a P/E ratio of -29.84 and a beta of 0.82. First Majestic Silver has a 52-week low of $4.43 and a 52-week high of $8.83. The company has a quick ratio of 2.74, a current ratio of 3.19 and a debt-to-equity ratio of 0.08.

Institutional Investors Weigh In On First Majestic Silver

A number of institutional investors have recently bought and sold shares of the business. Franklin Resources Inc. boosted its position in First Majestic Silver by 8.3% during the 4th quarter. Franklin Resources Inc. now owns 23,240 shares of the mining company's stock worth $128,000 after acquiring an additional 1,776 shares during the period. Rathbones Group PLC lifted its holdings 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 during the last quarter. Synovus Financial Corp lifted its holdings in shares of First Majestic Silver by 6.8% during the 1st quarter. Synovus Financial Corp now owns 39,852 shares of the mining company's stock valued at $267,000 after buying an additional 2,552 shares during the last quarter. Moors & Cabot Inc. lifted its holdings in shares of First Majestic Silver by 19.6% during the 4th quarter. Moors & Cabot Inc. now owns 17,100 shares of the mining company's stock valued at $94,000 after buying an additional 2,800 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of First Majestic Silver by 3.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 101,652 shares of the mining company's stock valued at $680,000 after buying an additional 3,300 shares during the last quarter. 27.16% of the stock is currently owned by institutional investors and hedge funds.

First Majestic Silver Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, May 30th. Shareholders of record on Monday, May 19th were given a dividend of $0.0045 per share. The ex-dividend date was Friday, May 16th. This represents a yield of 0.32%. First Majestic Silver's payout ratio is presently -3.45%.

About First Majestic Silver

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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