Cormark Forecasts Lower Earnings for First Majestic Silver

First Majestic Silver Corp. (NYSE:AG - Free Report) TSE: FR - Investment analysts at Cormark cut their Q2 2025 EPS estimates for First Majestic Silver in a research report issued on Thursday, July 10th. Cormark analyst R. Gray now forecasts that the mining company will post earnings of $0.04 per share for the quarter, down from their prior estimate of $0.12. The consensus estimate for First Majestic Silver's current full-year earnings is $0.54 per share. Cormark also issued estimates for First Majestic Silver's Q3 2025 earnings at $0.04 EPS, FY2025 earnings at $0.17 EPS, FY2026 earnings at $0.17 EPS and FY2027 earnings at $0.21 EPS.

First Majestic Silver (NYSE:AG - Get Free Report) TSE: FR last announced its quarterly earnings results on Wednesday, May 7th. The mining company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.01). The business had revenue of $241.12 million during the quarter, compared to analysts' expectations of $358.65 million. First Majestic Silver had a negative net margin of 12.32% and a negative return on equity of 0.14%. The firm's revenue for the quarter was up 41.6% on a year-over-year basis. During the same period last year, the company earned ($0.05) EPS.

AG has been the subject of several other reports. National Bankshares reiterated a "sector perform" rating on shares of First Majestic Silver in a report on Wednesday, April 2nd. Scotiabank boosted their target price on shares of First Majestic Silver from $6.00 to $6.50 and gave the company a "sector perform" rating in a research note on Wednesday, July 9th. HC Wainwright upped their price target on shares of First Majestic Silver from $11.50 to $12.75 and gave the stock a "buy" rating in a research report on Thursday. Finally, National Bank Financial upgraded shares of First Majestic Silver to a "hold" rating in a research report on Thursday, June 12th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $9.63.

First Majestic Silver Price Performance

First Majestic Silver stock opened at $9.27 on Monday. The firm has a fifty day moving average of $7.31 and a 200-day moving average of $6.45. The firm has a market capitalization of $4.49 billion, a P/E ratio of -31.96 and a beta of 0.82. First Majestic Silver has a 52-week low of $4.43 and a 52-week high of $9.33. The company has a quick ratio of 2.74, a current ratio of 3.19 and a debt-to-equity ratio of 0.08.

First Majestic Silver Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, May 30th. Stockholders of record on Monday, May 19th were issued a dividend of $0.0045 per share. The ex-dividend date of this dividend was Friday, May 16th. This represents a dividend yield of 0.32%. First Majestic Silver's dividend payout ratio is currently -6.90%.

Institutional Investors Weigh In On First Majestic Silver

Institutional investors have recently added to or reduced their stakes in the company. Parallel Advisors LLC lifted its stake in First Majestic Silver by 1,221.6% during the first quarter. Parallel Advisors LLC now owns 3,793 shares of the mining company's stock worth $25,000 after purchasing an additional 3,506 shares during the last quarter. AlphaQuest LLC purchased a new position in First Majestic Silver during the 1st quarter valued at about $29,000. Banque Cantonale Vaudoise purchased a new position in First Majestic Silver during the 1st quarter valued at about $46,000. Bank of Nova Scotia bought a new stake in First Majestic Silver during the 4th quarter valued at approximately $57,000. Finally, Captrust Financial Advisors bought a new stake in shares of First Majestic Silver in the 4th quarter worth approximately $58,000. 27.16% of the stock is owned by institutional investors.

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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