FY2026 Earnings Estimate for AG Issued By HC Wainwright

Key Points

• HC Wainwright lowered its FY2026 EPS estimate for First Majestic Silver to $0.79 from $0.81, while maintaining a Buy rating and a $25.50 price target.
• First Majestic’s latest quarterly results missed expectations, with EPS of $0.21 versus $0.25 expected and revenue of $415.5 million versus $496 million; however, revenue increased 57.3% year over year.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and $24.00 target price, while the company reduced its quarterly dividend to $0.0152 per share.

First Majestic Silver Corp. (NYSE:AG - Free Report) TSE: FR - Analysts at HC Wainwright decreased their FY2026 earnings per share (EPS) estimates for First Majestic Silver in a research report issued on Friday, October 9th. HC Wainwright analyst H. Ihle now anticipates that the mining company will post earnings per share of $0.79 for the year, down from their prior estimate of $0.81. HC Wainwright currently has a "Buy" rating and a $25.50 target price on the stock. The consensus estimate for First Majestic Silver's current full-year earnings is $0.81 per share.

First Majestic Silver (NYSE:AG - Get Free Report) TSE: FR last released its quarterly earnings results on Thursday, July 30th. The mining company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.04). First Majestic Silver had a net margin of 21.18% and a return on equity of 13.36%. The firm had revenue of $415.50 million during the quarter, compared to the consensus estimate of $496.00 million. During the same quarter last year, the firm earned $0.11 earnings per share. The business's revenue for the quarter was up 57.3% compared to the same quarter last year.

Several other analysts have also recently weighed in on AG. ATB Cormark Capital Markets upgraded shares of First Majestic Silver from a "hold" rating to a "moderate buy" rating in a research note on Friday, July 10th. Weiss Ratings restated a "hold (c)" rating on shares of First Majestic Silver in a research report on Wednesday, September 2nd. Wall Street Zen downgraded shares of First Majestic Silver from a "buy" rating to a "hold" rating in a research note on Saturday, July 25th. Finally, Scotiabank lowered their price target on shares of First Majestic Silver from $23.00 to $22.50 and set a "sector perform" rating for the company in a report on Tuesday, July 14th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $24.00.

First Majestic Silver Stock Down 1.7%

AG stock opened at $16.99 on Tuesday. First Majestic Silver has a fifty-two week low of $10.19 and a fifty-two week high of $32.03. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.57 and a quick ratio of 2.38. The stock has a market capitalization of $8.38 billion, a price-to-earnings ratio of 23.93 and a beta of 0.97. The business's fifty day moving average price is $19.24 and its two-hundred day moving average price is $19.06.

Institutional Trading of First Majestic Silver

A number of hedge funds have recently made changes to their positions in the company. M Holdings Securities Inc. boosted its holdings in First Majestic Silver by 3.1% in the second quarter. M Holdings Securities Inc. now owns 16,960 shares of the mining company's stock valued at $285,000 after acquiring an additional 515 shares during the last quarter. Parallel Advisors LLC boosted its position in First Majestic Silver by 36.4% during the first quarter. Parallel Advisors LLC now owns 2,100 shares of the mining company's stock valued at $45,000 after acquiring an additional 560 shares during the last quarter. AdvisorNet Financial Inc grew its holdings in First Majestic Silver by 13.2% during the 1st quarter. AdvisorNet Financial Inc now owns 6,878 shares of the mining company's stock worth $148,000 after acquiring an additional 804 shares during the period. PNC Financial Services Group Inc. grew its holdings in First Majestic Silver by 184.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,508 shares of the mining company's stock worth $32,000 after acquiring an additional 978 shares during the period. Finally, Harbor Investment Advisory LLC acquired a new stake in First Majestic Silver during the 1st quarter worth about $32,000. 27.16% of the stock is owned by institutional investors and hedge funds.

First Majestic Silver Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 14th were given a $0.0152 dividend. This is a drop from First Majestic Silver's previous quarterly dividend of $0.0171. This represents a $0.06 annualized dividend and a yield of 0.4%. The ex-dividend date was Friday, August 14th. First Majestic Silver's dividend payout ratio is 8.45%.

About First Majestic Silver

First Majestic Silver Corp. is a mining company focused on the exploration, development and production of silver, gold and related metals. The company also produces and sells investment-grade silver bullion through its own minting and retail operations.

Founded in 2002 and headquartered in Vancouver, British Columbia, First Majestic has historically operated a portfolio of silver-producing mines in Mexico, including San Dimas in Durango, Santa Elena in Sonora and La Encantada in Coahuila.

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