National Bank Financial Weighs in on AG Q1 Earnings

First Majestic Silver Corp. (NYSE:AG - Free Report) TSE: FR - Equities research analysts at National Bank Financial issued their Q1 2025 earnings per share estimates for shares of First Majestic Silver in a research report issued on Tuesday, April 22nd. National Bank Financial analyst D. Demarco anticipates that the mining company will earn $0.04 per share for the quarter. The consensus estimate for First Majestic Silver's current full-year earnings is $0.54 per share. National Bank Financial also issued estimates for First Majestic Silver's FY2025 earnings at $0.28 EPS and FY2026 earnings at $0.52 EPS.

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

Several other research firms also recently commented on AG. National Bankshares reaffirmed a "sector perform" rating on shares of First Majestic Silver in a research note on Wednesday, April 2nd. TD Securities raised First Majestic Silver to a "hold" rating in a research note on Monday, March 10th. HC Wainwright reissued a "buy" rating and set a $11.00 target price on shares of First Majestic Silver in a research note on Friday, February 21st. StockNews.com raised First Majestic Silver from a "sell" rating to a "hold" rating in a research note on Friday, February 21st. Finally, Scotiabank reissued a "sector perform" rating and set a $6.00 target price 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 given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $8.50.

First Majestic Silver Stock Performance

AG traded down $0.04 on Friday, hitting $6.21. 9,270,437 shares of the company traded hands, compared to its average volume of 19,850,604. The company has a 50 day moving average of $6.22 and a 200-day moving average of $6.18. The company has a quick ratio of 2.12, a current ratio of 2.56 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $3.01 billion, a PE ratio of -17.74 and a beta of 0.97. First Majestic Silver has a 12-month low of $4.43 and a 12-month high of $8.09.

Institutional Investors Weigh In On First Majestic Silver

A number of large investors have recently bought and sold shares of the stock. Parallel Advisors LLC lifted its position 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 buying an additional 3,506 shares during the period. Allworth Financial LP boosted its holdings in First Majestic Silver by 805.4% in the 4th quarter. Allworth Financial LP now owns 5,161 shares of the mining company's stock worth $29,000 after acquiring an additional 4,591 shares during the period. Generali Investments CEE investicni spolecnost a.s. purchased a new position in First Majestic Silver in the 4th quarter worth approximately $55,000. Bank of Nova Scotia purchased a new position in shares of First Majestic Silver during the 4th quarter valued at approximately $57,000. Finally, Captrust Financial Advisors purchased a new position in shares of First Majestic Silver during the 4th quarter valued at approximately $58,000. Institutional investors and hedge funds own 27.16% of the company's stock.

First Majestic Silver Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued 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 0.37%. This is a boost from First Majestic Silver's previous quarterly dividend of $0.00. First Majestic Silver's dividend payout ratio is currently -5.71%.

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.