What is Scotiabank's Estimate for TSE:AG FY2027 Earnings?

Key Points

• Scotiabank cut its FY2027 EPS forecast for First Majestic Silver to $1.16 per share from $1.25, according to analyst O. Habib in a note issued April 10.
• The Street consensus for the company's current full-year earnings is much lower at $0.46 per share, while First Majestic reported C$0.41 EPS and C$621 million in revenue for the most recent quarter.
• Analyst sentiment remains generally positive—BMO and TD have raised ratings/price targets, the consensus rating is "Buy" with an average target of C$33.40, and shares recently traded around C$28.49 (market cap ~C$14.05B).

First Majestic Silver Corp. (TSE:AG - Free Report) - Research analysts at Scotiabank reduced their FY2027 EPS estimates for First Majestic Silver in a research note issued to investors on Friday, April 10th. Scotiabank analyst O. Habib now forecasts that the company will earn $1.16 per share for the year, down from their previous estimate of $1.25. The consensus estimate for First Majestic Silver's current full-year earnings is $0.46 per share.

First Majestic Silver (TSE:AG - Get Free Report) last announced its earnings results on Thursday, February 19th. The company reported C$0.41 earnings per share for the quarter. First Majestic Silver had a net margin of 13.14% and a return on equity of 6.49%. The business had revenue of C$621.00 million during the quarter.

AG has been the topic of a number of other reports. BMO Capital Markets raised First Majestic Silver from a "hold" rating to an "outperform" rating and set a C$35.00 target price on the stock in a research report on Tuesday, March 24th. TD Securities increased their price objective on shares of First Majestic Silver from C$22.00 to C$36.00 in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of C$33.40.

First Majestic Silver Price Performance

Shares of AG opened at C$28.49 on Monday. The business's 50 day moving average is C$32.16 and its two-hundred day moving average is C$25.32. First Majestic Silver has a 52-week low of C$7.66 and a 52-week high of C$43.69. The firm has a market cap of C$14.05 billion, a price-to-earnings ratio of 83.79 and a beta of 2.81.

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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