First Majestic Silver (AG) Expected to Announce Quarterly Earnings on Wednesday

First Majestic Silver (NYSE:AG - Get Free Report) TSE: FR will likely be announcing its Q1 2025 earnings results before the market opens on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $358.65 million for the quarter.

First Majestic Silver (NYSE:AG - Get Free Report) TSE: FR last issued its earnings results on Wednesday, May 7th. The mining company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.06 by ($0.01). First Majestic Silver had a negative net margin of 18.17% and a negative return on equity of 3.07%. The firm had revenue of $241.12 million during the quarter, compared to analysts' expectations of $358.65 million. During the same quarter in the prior year, the company earned ($0.05) EPS. First Majestic Silver's quarterly revenue was up 41.6% on a year-over-year basis. On average, analysts expect First Majestic Silver to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

First Majestic Silver Stock Performance

AG traded down $0.16 during trading on Monday, reaching $5.75. 18,197,524 shares of the company's stock were exchanged, compared to its average volume of 12,591,623. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.56 and a quick ratio of 2.12. First Majestic Silver has a 1 year low of $4.43 and a 1 year high of $8.09. The company's fifty day simple moving average is $6.31 and its 200-day simple moving average is $6.11. The stock has a market capitalization of $2.78 billion, a P/E ratio of -16.33 and a beta of 0.81.

First Majestic Silver Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a $0.0057 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.40%. This is a positive change from First Majestic Silver's previous quarterly dividend of $0.00. First Majestic Silver's dividend payout ratio is presently -3.45%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Scotiabank reaffirmed a "sector perform" rating and set a $6.00 target price on shares of First Majestic Silver in a report on Wednesday, April 2nd. TD Securities raised shares of First Majestic Silver to a "hold" rating in a report on Monday, March 10th. National Bankshares reiterated a "sector perform" rating on shares of First Majestic Silver in a report on Wednesday, April 2nd. HC Wainwright boosted their price target on shares of First Majestic Silver from $11.00 to $11.50 and gave the company a "buy" rating in a research report on Friday. Finally, StockNews.com raised shares of First Majestic Silver from a "sell" rating to a "hold" rating in a research note on Friday, February 21st. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $8.75.

First Majestic Silver Company Profile

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.