NYSE:AG First Majestic Silver (AG) Stock Forecast, Price & News $5.77 -0.09 (-1.54%) (As of 10:03 AM ET) Add Compare Share Share Today's Range$5.74▼$5.8650-Day Range$5.70▼$7.8052-Week Range$5.53▼$9.81Volume593,906 shsAverage Volume6.43 million shsMarket Capitalization$1.61 billionP/E RatioN/ADividend Yield0.35%Price Target$9.40 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media First Majestic Silver MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside60.4% Upside$9.40 Price TargetShort InterestBearish5.90% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.64Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.02) to $0.40 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.97 out of 5 starsBasic Materials Sector126th out of 164 stocksGold & Silver Ores Industry19th out of 31 stocks 3.5 Analyst's Opinion Consensus RatingFirst Majestic Silver has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.40, First Majestic Silver has a forecasted upside of 60.4% from its current price of $5.86.Amount of Analyst CoverageFirst Majestic Silver has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.90% of the outstanding shares of First Majestic Silver have been sold short.Short Interest Ratio / Days to CoverFirst Majestic Silver has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Majestic Silver has recently increased by 10.35%, indicating that investor sentiment is decreasing significantly. Previous Next 0.8 Dividend Strength Dividend YieldFirst Majestic Silver has a dividend yield of 0.40%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthFirst Majestic Silver does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, First Majestic Silver will have a dividend payout ratio of 5.00% next year. This indicates that First Majestic Silver will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AG. Previous Next 3.1 News and Social Media Coverage News SentimentFirst Majestic Silver has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 4 news articles for First Majestic Silver this week, compared to 3 articles on an average week.Search InterestOnly 10 people have searched for AG on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows11 people have added First Majestic Silver to their MarketBeat watchlist in the last 30 days. This is an increase of 10% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Majestic Silver insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.85% of the stock of First Majestic Silver is held by insiders.Percentage Held by InstitutionsOnly 30.40% of the stock of First Majestic Silver is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for First Majestic Silver are expected to grow in the coming year, from ($0.02) to $0.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Majestic Silver is -7.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of First Majestic Silver is -7.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioFirst Majestic Silver has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About First Majestic Silver (NYSE:AG) StockFirst Majestic Silver Corp. engages in the production, development, exploration and acquisition of mineral properties. It owns and operates producing mines in México including the La Encantada Silver Mine, La Parrilla Silver Mine, San Martin Silver Mine, La Guitarra Silver Mine, Del Toro Silver Mine, Santa Elena Silver & Gold Mine, and San Dimas Silver & Gold Mine. The company was founded by Keith Neumeyer on September 26, 1979 and is headquartered in Vancouver, Canada.Read More Receive AG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Majestic Silver and its competitors with MarketBeat's FREE daily newsletter. Email Address AG Stock News HeadlinesJune 7, 2023 | thestreet.comFirst Majestic Silver (AG) Stock Jumps on Rising Silver PricesJune 5, 2023 | seekingalpha.comFirst Majestic Silver: Possibly A Better H2 AheadJune 9, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.June 3, 2023 | americanbankingnews.comFirst Majestic Silver (NYSE:AG) Rating Increased to Sell at StockNews.comMay 30, 2023 | finanznachrichten.deSilver Dollar Resources Inc.: Silver Dollar Completes Acquisition of the La Joya Ag-Cu-Au Property from First Majestic SilverMay 26, 2023 | finance.yahoo.comFirst Majestic Announces Voting Results from Annual General MeetingMay 26, 2023 | thestreet.comFirst Majestic Silver (AG) Stock Closed Down, Feds Indicate Possible June Rate IncreaseMay 25, 2023 | finance.yahoo.comSilver Dollar Completes Acquisition of the La Joya Ag-Cu-Au Property from First Majestic SilverJune 9, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.May 25, 2023 | juniorminingnetwork.comSilver Dollar Resources Completes Acquisition of La Joya Ag-Cu-Au Property from First Majestic SilverMay 22, 2023 | finance.yahoo.comCORRECTION FROM SOURCE: First Majestic Reminds Shareholders to Vote in Upcoming Annual General MeetingMay 19, 2023 | americanbankingnews.comFirst Majestic Silver (NYSE:AG) Now Covered by Analysts at StockNews.comMay 17, 2023 | americanbankingnews.comFirst Majestic Silver (NYSE:AG) & Patten Energy Solutions Group (OTCMKTS:PTTN) Critical ReviewMay 15, 2023 | americanbankingnews.comFirst Majestic Silver Corp. (AG) To Go Ex-Dividend on May 17thMay 12, 2023 | msn.comTuesday Is Your Last Chance To Buy First Majestic Silver Before The Dividend PayoutMay 9, 2023 | americanbankingnews.comFirst Majestic Silver (NYSE:AG) Upgraded by StockNews.com to "Sell"May 7, 2023 | americanbankingnews.comFirst Majestic Silver (NYSE:AG) PT Lowered to $10.00May 7, 2023 | americanbankingnews.comFirst Majestic Silver (NYSE:AG) Trading Down 5.9% Following Analyst DowngradeMay 7, 2023 | seekingalpha.comFirst Majestic Silver: Shining Comeback Or Tarnished Future? (Rating Downgrade)May 5, 2023 | msn.comFirst Majestic Silver (AG) Declares $0.01 DividendMay 4, 2023 | msn.comRecap: First Majestic Silver Q1 EarningsApril 27, 2023 | thestreet.comFirst Majestic Silver (AG) Stock Slumps on Lower Silver PricesApril 26, 2023 | americanbankingnews.comAnalysts Set Expectations for First Majestic Silver Corp.'s Q1 2024 Earnings (NYSE:AG)April 24, 2023 | americanbankingnews.comFirst Majestic Silver (NYSE:AG) Price Target Raised to $11.00April 22, 2023 | americanbankingnews.comFirst Majestic Silver Corp. Forecasted to Earn Q1 2023 Earnings of ($0.04) Per Share (NYSE:AG)April 21, 2023 | msn.com3 Mining Stocks For The Economy Ahead | The Gold, Silver & Copper Outlook With Blue Line CapitalApril 21, 2023 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: First Majestic Silver (AG) and Royal Gold (RGLD)See More Headlines AG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AG Company Calendar Last Earnings2/23/2023Ex-Dividend for 3/24 Dividend3/09/2023Dividend Payable3/24/2023Ex-Dividend for 6/9 Dividend5/17/2023Today6/09/2023Dividend Payable6/09/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Gold & silver ores Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:AG CUSIPN/A CIK1308648 Webwww.firstmajestic.com Phone(604) 688-3033Fax604-639-8873Employees4,634Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.40 High Stock Price Forecast$11.00 Low Stock Price Forecast$8.00 Forecasted Upside/Downside+60.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.83) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-114,280,000.00 Net Margins-35.59% Pretax Margin-32.61% Return on Equity-3.28% Return on Assets-2.19% Debt Debt-to-Equity Ratio0.18 Current Ratio2.31 Quick Ratio1.81 Sales & Book Value Annual Sales$624.22 million Price / Sales2.61 Cash Flow$0.31 per share Price / Cash Flow19.15 Book Value$5.18 per share Price / Book1.13Miscellaneous Outstanding Shares278,380,000Free Float276,014,000Market Cap$1.63 billion OptionableOptionable Beta1.06 Key ExecutivesKeith NeumeyerPresident, Chief Executive Officer & DirectorSteve HolmesChief Operating OfficerDavid SoaresChief Financial OfficerJose Luis FigueroaVice President-Information TechnologyRamon Mendoza ReyesVice President-OperationsKey CompetitorsSandstorm GoldNYSE:SANDEldorado GoldNYSE:EGOIAMGOLDNYSE:IAGCenterra GoldNYSE:CGAUSeabridge GoldNYSE:SAView All CompetitorsInstitutional OwnershipGolden State Equity PartnersBought 50,000 shares on 6/1/2023Ownership: 0.018%Toroso Investments LLCBought 12,295 shares on 5/23/2023Ownership: 0.010%Seaport Global Advisors LLCBought 7,868 shares on 5/23/2023Ownership: 0.003%JPMorgan Chase & Co.Sold 300 shares on 5/18/2023Ownership: 0.000%B. Riley Wealth Advisors Inc.Bought 10,391 shares on 5/17/2023Ownership: 0.004%View All Institutional Transactions AG Stock - Frequently Asked Questions Should I buy or sell First Majestic Silver stock right now? 1 Wall Street 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 research analysts is that investors should "buy" AG shares. View AG analyst ratings or view top-rated stocks. What is First Majestic Silver's stock price forecast for 2023? 1 equities research analysts have issued 12-month target prices for First Majestic Silver's stock. Their AG share price forecasts range from $8.00 to $11.00. On average, they predict the company's share 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. How have AG shares performed in 2023? First Majestic Silver's stock was trading at $8.34 at the beginning of the year. Since then, AG stock has decreased by 29.7% and is now trading at $5.86. View the best growth stocks for 2023 here. Are investors shorting First Majestic Silver? First Majestic Silver saw a increase in short interest in 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 trading volume of 7,090,000 shares, the days-to-cover ratio is currently 2.3 days. View First Majestic Silver's Short Interest. When is First Majestic Silver's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our AG earnings forecast. How were First Majestic Silver's earnings last quarter? First Majestic Silver Corp. (NYSE:AG) posted its quarterly earnings results on Thursday, February, 23rd. The mining company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by $0.03. The mining company had revenue of $148.20 million for the quarter, compared to the consensus estimate 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 firm earned $0.02 earnings per share. How often does First Majestic Silver pay dividends? What is the dividend yield for First Majestic Silver? First Majestic Silver declared a quarterly dividend on Thursday, May 4th. Investors of record on Thursday, May 18th will be paid 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 an increase from the stock's previous quarterly dividend of $0.01. Read our dividend analysis for AG. What ETF holds First Majestic Silver's stock ? iShares North American Natural Resources ETF holds 84,867 shares of AG stock, representing 0.08% of its portfolio. Is First Majestic Silver a good dividend stock? First Majestic Silver (NYSE:AG) pays an annual dividend of $0.02 per share and currently has a dividend yield of 0.39%. Read our dividend analysis for AG. What is Keith Neumeyer's approval rating as First Majestic Silver's CEO? 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. What other stocks do shareholders of First Majestic Silver own? 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). What is First Majestic Silver's stock symbol? First Majestic Silver trades on the New York Stock Exchange (NYSE) under the ticker symbol "AG." Who are First Majestic Silver's major shareholders? First Majestic Silver's stock is owned by many different institutional and retail investors. Top institutional investors 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. How do I buy shares of First Majestic Silver? 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. Compare Top Brokerages Here. What is First Majestic Silver's stock price today? One share of AG stock can currently be purchased for approximately $5.86. How much money does First Majestic Silver make? First Majestic Silver (NYSE:AG) has a market capitalization of $1.63 billion and generates $624.22 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. How many employees does First Majestic Silver have? The company employs 4,634 workers across the globe. How can I contact First Majestic Silver? 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. This page (NYSE:AG) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Majestic Silver Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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