First Majestic Silver (AG) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Majestic Silver in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AG shares.
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1 Wall Street analysts have issued 1-year price objectives for First Majestic Silver's stock. Their AG share price forecasts range from $8.00 to $11.00. On average, they expect the company's stock price to reach $9.40 in the next twelve months. This suggests a possible upside of 60.4% from the stock's current price.
View analysts price targets for AG or view top-rated stocks among Wall Street analysts.

First Majestic Silver's stock was trading at $8.34 on January 1st, 2023. Since then, AG stock has decreased by 29.7% and is now trading at $5.86.
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First Majestic Silver saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 16,420,000 shares, an increase of 10.3% from the April 30th total of 14,880,000 shares. Based on an average daily trading volume, of 7,090,000 shares, the days-to-cover ratio is presently 2.3 days.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our AG earnings forecast.

First Majestic Silver Corp. (NYSE:AG) posted its earnings results on Thursday, February, 23rd. The mining company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.04) by $0.03. The mining company had revenue of $148.20 million for the quarter, compared to analyst estimates of $197.59 million. First Majestic Silver had a negative net margin of 35.59% and a negative trailing twelve-month return on equity of 3.28%. During the same period in the previous year, the business earned $0.02 EPS.

First Majestic Silver declared a quarterly dividend on Thursday, May 4th. Shareholders of record on Thursday, May 18th will be given a dividend of $0.006 per share on Friday, June 9th. This represents a $0.02 annualized dividend and a dividend yield of 0.41%. The ex-dividend date is Wednesday, May 17th. This is a boost from the stock's previous quarterly dividend of $0.01.
Read our dividend analysis for AG.

iShares North American Natural Resources ETF holds 84,867 shares of AG stock, representing 0.08% of its portfolio.

First Majestic Silver (NYSE:AG) pays an annual dividend of $0.02 per share and currently has a dividend yield of 0.38%.
Read our dividend analysis for AG.

5 employees have rated First Majestic Silver Chief Executive Officer Keith Neumeyer on Glassdoor.com. Keith Neumeyer has an approval rating of 83% among the company's employees. 78.0% of employees surveyed would recommend working at First Majestic Silver to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Majestic Silver investors own include First Majestic Silver (FR), SSR Mining (SSRM), Coeur Mining (CDE), Yamana Gold (AUY), Wheaton Precious Metals (WPM), Endeavour Silver (EXK), Pan American Silver (PAAS), Barrick Gold (GOLD), Hecla Mining (HL).

First Majestic Silver trades on the New York Stock Exchange (NYSE) under the ticker symbol "AG."

First Majestic Silver's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (10.75%), ETF Managers Group LLC (4.70%), Mirae Asset Global Investments Co. Ltd. (1.76%), Jupiter Asset Management Ltd. (0.87%), Dimensional Fund Advisors LP (0.70%) and Wolverine Asset Management LLC (0.00%).
View institutional ownership trends.

Shares of AG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AG stock can currently be purchased for approximately $5.86.

First Majestic Silver (NYSE:AG) has a market capitalization of $1.63 billion and generates $626.97 million in revenue each year. The mining company earns $-114,280,000.00 in net income (profit) each year or ($0.83) on an earnings per share basis.

The company employs 4,634 workers across the globe.

First Majestic Silver's mailing address is 925 WEST GEORGIA STREET SUITE 1800, VANCOUVER A1, V6C 3L2. The official website for the company is www.firstmajestic.com. The mining company can be reached via phone at (604) 688-3033 or via fax at 604-639-8873.