Cormark Forecasts Higher Earnings for First Majestic Silver

Key Points

• Cormark has significantly raised its Q3 2025 earnings per share estimate for First Majestic Silver to $0.11, up from the previous estimate of $0.05.
• The company missed analysts' consensus estimates for Q2 earnings, reporting only $0.04 EPS against expectations of $0.06 and revenue of $264.20 million compared to a consensus of $387.25 million.
• First Majestic Silver recently cut its dividend to $0.0048 per share, reflecting a negative dividend payout ratio of -200.00%.

First Majestic Silver Corp. (NYSE:AG - Free Report) TSE: FR - Equities research analysts at Cormark upped their Q3 2025 earnings per share estimates for First Majestic Silver in a report issued on Monday, October 6th. Cormark analyst R. Gray now forecasts that the mining company will earn $0.11 per share for the quarter, up from their prior estimate of $0.05. 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 issued its 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). The company had revenue of $264.20 million for the quarter, compared to the consensus estimate of $387.25 million. First Majestic Silver had a return on equity of 1.72% and a net margin of 1.78%.First Majestic Silver's quarterly revenue was up 94.0% on a year-over-year basis. During the same quarter last year, the business posted ($0.07) EPS.

AG has been the topic of a number of other reports. Scotiabank lifted 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 report on Wednesday, July 9th. BMO Capital Markets reaffirmed a "market perform" rating on shares of First Majestic Silver in a research note on Tuesday. Wall Street Zen raised First Majestic Silver from a "hold" rating to a "buy" rating in a research note on Friday, October 3rd. Weiss Ratings restated a "hold (c-)" rating on shares of First Majestic Silver in a report on Saturday, September 27th. Finally, National Bank Financial upgraded First Majestic Silver from a "hold" rating to a "strong-buy" rating in a report on Sunday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $14.17.

First Majestic Silver Stock Performance

Shares of NYSE:AG opened at $12.69 on Wednesday. The firm's 50 day simple moving average is $9.84 and its 200 day simple moving average is $8.07. First Majestic Silver has a fifty-two week low of $5.09 and a fifty-two week high of $13.55. The company has a market capitalization of $6.22 billion, a price-to-earnings ratio of -1,267.23 and a beta of 0.76. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.27 and a quick ratio of 2.84.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in AG. Parallel Advisors LLC grew its stake in shares of First Majestic Silver by 1,221.6% in the first quarter. Parallel Advisors LLC now owns 3,793 shares of the mining company's stock valued at $25,000 after buying an additional 3,506 shares in the last quarter. AlphaQuest LLC acquired a new position in shares of First Majestic Silver during the 1st quarter worth about $29,000. CWM LLC raised its holdings in shares of First Majestic Silver by 57.2% in 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. Banque Cantonale Vaudoise acquired a new stake in First Majestic Silver in the 1st quarter valued at about $46,000. Finally, American National Bank & Trust acquired a new stake in First Majestic Silver in the 2nd quarter valued at about $66,000. Institutional investors and hedge funds own 27.16% of the company's stock.

First Majestic Silver Cuts Dividend

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

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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