Cormark Issues Positive Forecast for AG Earnings

First Majestic Silver Corp. (NYSE:AG - Free Report) TSE: FR - Stock analysts at Cormark boosted their Q2 2025 earnings per share estimates for shares of First Majestic Silver in a research note issued to investors on Thursday, April 10th. Cormark analyst R. Gray now forecasts that the mining company will post earnings per share of $0.12 for the quarter, up from their prior forecast of $0.11. 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 $0.12 EPS, Q4 2025 earnings at $0.12 EPS and FY2025 earnings at $0.47 EPS.

A number of other research firms have also recently issued reports on AG. StockNews.com upgraded First Majestic Silver from a "sell" rating to a "hold" rating in a research report on Friday, February 21st. National Bankshares reaffirmed a "sector perform" rating on shares of First Majestic Silver in a research note on Wednesday, April 2nd. TD Securities upgraded First Majestic Silver to a "hold" rating in a research note on Monday, March 10th. HC Wainwright reaffirmed a "buy" rating and issued a $11.00 target price on shares of First Majestic Silver in a report on Friday, February 21st. Finally, Scotiabank reissued a "sector perform" rating and set a $6.00 price target on shares of First Majestic Silver in a research note on Wednesday, April 2nd. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, First Majestic Silver presently has a consensus rating of "Hold" and an average price target of $8.50.

First Majestic Silver Price Performance

NYSE AG traded down $0.19 on Monday, hitting $6.52. 17,876,512 shares of the company's stock were exchanged, compared to its average volume of 11,750,546. First Majestic Silver has a 52 week low of $4.43 and a 52 week high of $8.09. The stock has a 50-day moving average of $6.13 and a 200-day moving average of $6.19. The company has a current ratio of 2.56, a quick ratio of 2.12 and a debt-to-equity ratio of 0.16. The stock has a market cap of $3.15 billion, a price-to-earnings ratio of -18.61 and a beta of 0.97.

First Majestic Silver (NYSE:AG - Get Free Report) TSE: FR last posted its quarterly earnings data on Thursday, February 20th. The mining company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.02). The firm had revenue of $172.34 million for the quarter, compared to the consensus estimate of $227.77 million. First Majestic Silver had a negative return on equity of 3.07% and a negative net margin of 18.17%.

Institutional Trading of First Majestic Silver

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Parallel Advisors LLC increased its position in shares of 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 buying an additional 3,506 shares during the period. Allworth Financial LP lifted its stake in shares of First Majestic Silver by 805.4% in the 4th quarter. Allworth Financial LP now owns 5,161 shares of the mining company's stock valued at $29,000 after purchasing an additional 4,591 shares during the period. Generali Investments CEE investicni spolecnost a.s. bought a new stake in shares of First Majestic Silver during the 4th quarter valued at about $55,000. Bank of Nova Scotia acquired a new stake in First Majestic Silver during the fourth quarter worth approximately $57,000. Finally, Captrust Financial Advisors bought a new stake in First Majestic Silver in the fourth quarter worth approximately $58,000. Institutional investors and hedge funds own 27.16% of the company's stock.

First Majestic Silver Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a dividend of $0.0057 per share. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.35%. This is an increase from First Majestic Silver's previous quarterly dividend of $0.00. The ex-dividend date was Friday, February 28th. First Majestic Silver's dividend payout ratio (DPR) is -5.71%.

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.