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

First Majestic Silver (NYSE:AG - Get Free Report) TSE: FR is anticipated to release its Q1 2025 earnings data before the market opens on Wednesday, May 7th. Analysts expect First Majestic Silver to post 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 released 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). The firm had revenue of $241.12 million for the quarter, compared to the consensus estimate of $358.65 million. First Majestic Silver had a negative return on equity of 3.07% and a negative net margin of 18.17%. First Majestic Silver's revenue was up 41.6% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.05) EPS. 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 Price Performance

Shares of AG stock traded up $0.39 on Friday, hitting $5.90. 21,696,526 shares of the stock traded hands, compared to its average volume of 12,552,647. 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 52 week low of $4.43 and a 52 week high of $8.09. The firm has a 50 day simple moving average of $6.31 and a two-hundred day simple moving average of $6.13. The firm has a market cap of $2.86 billion, a price-to-earnings ratio of -16.86 and a beta of 0.81.

First Majestic Silver Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a dividend of $0.0057 per share. The ex-dividend date was Friday, February 28th. This is a boost from First Majestic Silver's previous quarterly dividend of $0.00. This represents a $0.02 dividend on an annualized basis and a yield of 0.39%. First Majestic Silver's dividend payout ratio (DPR) is currently -5.71%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on AG shares. National Bankshares reissued a "sector perform" rating on shares of First Majestic Silver in a research note on Wednesday, April 2nd. StockNews.com upgraded shares of First Majestic Silver from a "sell" rating to a "hold" rating in a research note on Friday, February 21st. TD Securities upgraded First Majestic Silver to a "hold" rating in a research report on Monday, March 10th. Scotiabank reaffirmed a "sector perform" rating and issued a $6.00 price objective on shares of First Majestic Silver in a research note on Wednesday, April 2nd. Finally, HC Wainwright increased their target price on First Majestic Silver from $11.00 to $11.50 and gave the company a "buy" rating in a research report on Friday. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, First Majestic Silver presently has a consensus rating of "Hold" and an average 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.