Research Analysts Issue Forecasts for TSE:AG FY2026 Earnings

Key Points

• Scotiabank raised its FY2026 EPS estimate for First Majestic Silver to C$1.05 from C$0.95, while keeping a Hold rating on the stock.
• Other analysts have become more positive on the company, including BMO Capital Markets upgrading it to Outperform and ATB Cormark lifting its view to Moderate Buy.
• The stock last traded at C$22.17, below the consensus price target of C$30.40, and the company recently reported quarterly EPS of C$0.43 on revenue of C$662.71 million.

First Majestic Silver Corp. (TSE:AG - Free Report) - Research analysts at Scotiabank lifted their FY2026 earnings per share estimates for shares of First Majestic Silver in a note issued to investors on Wednesday, July 15th. Scotiabank analyst E. Winmill now forecasts that the company will post earnings per share of $1.05 for the year, up from their prior estimate of $0.95. Scotiabank currently has a "Hold" rating on the stock. The consensus estimate for First Majestic Silver's current full-year earnings is $0.46 per share.

Other equities analysts have also issued research reports about the stock. BMO Capital Markets raised shares of First Majestic Silver from a "hold" rating to an "outperform" rating and set a C$35.00 price target on the stock in a report on Tuesday, March 24th. ATB Cormark Capital Markets raised shares of First Majestic Silver from a "hold" rating to a "moderate buy" rating and lifted their price objective for the stock from C$36.00 to C$37.00 in a report on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of C$30.40.

First Majestic Silver Price Performance

Shares of First Majestic Silver stock opened at C$22.17 on Monday. First Majestic Silver has a 1 year low of C$10.69 and a 1 year high of C$43.69. The firm has a market cap of C$10.95 billion, a PE ratio of 37.58 and a beta of 2.79. The company has a 50 day simple moving average of C$25.87 and a two-hundred day simple moving average of C$28.85.

First Majestic Silver (TSE:AG - Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The company reported C$0.43 earnings per share for the quarter. The company had revenue of C$662.71 million for the quarter. First Majestic Silver had a net margin of 19.45% and a return on equity of 10.82%.

First Majestic Silver Company Profile

First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine.

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