What is Scotiabank's Forecast for AG FY2026 Earnings?

Key Points

• Scotiabank forecasts First Majestic Silver will report FY2026 EPS of $0.72 and assigns the stock a Hold rating, while modeling FY2027 EPS at $0.85.
• Analyst sentiment is mixed—one Strong Buy, four Buy and three Hold—resulting in an average rating of Moderate Buy and a consensus price target of $25.00.
• In the latest quarter AG posted $0.30 EPS (versus $0.27 estimate) with revenue of $463.9M (below the $561.3M estimate) and 169.2% YoY revenue growth; shares trade around $20.51 with a market cap of $10.11B and a P/E of 58.61.

First Majestic Silver Corp. (NYSE:AG - Free Report) TSE: FR - Stock analysts at Scotiabank issued their FY2026 EPS estimates for shares of First Majestic Silver in a research report issued on Thursday, April 23rd. Scotiabank analyst E. Winmill expects that the mining company will post earnings per share of $0.72 for the year. Scotiabank has a "Hold" rating on the stock. The consensus estimate for First Majestic Silver's current full-year earnings is $0.72 per share. Scotiabank also issued estimates for First Majestic Silver's FY2027 earnings at $0.85 EPS.

AG has been the subject of several other research reports. Weiss Ratings restated a "hold (c-)" rating on shares of First Majestic Silver in a research note on Wednesday, January 21st. BMO Capital Markets upgraded shares of First Majestic Silver from a "market perform" rating to an "outperform" rating in a research note on Tuesday, March 24th. Wall Street Zen upgraded shares of First Majestic Silver from a "buy" rating to a "strong-buy" rating in a research note on Sunday. Zacks Research lowered shares of First Majestic Silver from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 31st. Finally, HC Wainwright raised their price target on shares of First Majestic Silver to $30.00 and gave the stock a "buy" rating in a research note on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $25.00.

First Majestic Silver Trading Down 0.2%

Shares of AG stock opened at $20.51 on Tuesday. The company has a 50 day moving average of $23.13 and a 200-day moving average of $18.99. The company has a quick ratio of 2.41, a current ratio of 2.60 and a debt-to-equity ratio of 0.09. First Majestic Silver has a 12-month low of $5.49 and a 12-month high of $32.03. The firm has a market cap of $10.11 billion, a P/E ratio of 58.61 and a beta of 0.97.

First Majestic Silver (NYSE:AG - Get Free Report) TSE: FR last issued its quarterly earnings results on Thursday, February 19th. The mining company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.03. First Majestic Silver had a net margin of 13.12% and a return on equity of 7.25%. The company had revenue of $463.92 million during the quarter, compared to analyst estimates of $561.30 million. During the same quarter last year, the business posted $0.03 EPS. First Majestic Silver's quarterly revenue was up 169.2% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of AG. Lodestone Wealth Management LLC bought a new position in First Majestic Silver in the 4th quarter worth approximately $25,000. EFG International AG bought a new position in First Majestic Silver in the 4th quarter worth approximately $25,000. Bogart Wealth LLC bought a new position in First Majestic Silver in the 3rd quarter worth approximately $28,000. Harbor Investment Advisory LLC bought a new position in First Majestic Silver in the 1st quarter worth approximately $32,000. Finally, Spire Wealth Management bought a new position in First Majestic Silver in the 4th quarter worth approximately $35,000. 27.16% of the stock is owned by institutional investors.

First Majestic Silver Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were issued a $0.0083 dividend. This is a boost from First Majestic Silver's previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Friday, February 27th. This represents a $0.03 annualized dividend and a yield of 0.2%. First Majestic Silver's payout ratio is 8.57%.

About First Majestic Silver

First Majestic Silver Corp. NYSE: AG engages in the production of silver from its wholly owned operations in Mexico. Headquartered in Vancouver, British Columbia, the company focuses on acquiring, developing and operating high-grade silver projects. Established in 2002, First Majestic has built a multi-mine portfolio to supply silver primarily for the global industrial and investment markets while generating by-products such as gold, lead and zinc concentrates.

First Majestic’s principal operations are located in the historic Mexican Silver Belt, with producing mines including La Encantada in Coahuila, Santa Elena in Sonora and La Parrilla in Durango.

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