NYSE:AG First Majestic Silver (AG) Stock Forecast, Price & News $5.11 -0.03 (-0.58%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$5.10▼$5.3050-Day Range$5.12▼$6.9952-Week Range$5.10▼$9.81Volume4.69 million shsAverage Volume3.88 million shsMarket Capitalization$1.47 billionP/E RatioN/ADividend Yield0.39%Price Target$14.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media First Majestic Silver MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside183.8% Upside$14.50 Price TargetShort InterestBearish6.17% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.08Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.05) 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.1.82 out of 5 starsBasic Materials Sector127th out of 166 stocksGold & Silver Ores Industry27th out of 35 stocks 3.3 Analyst's Opinion Consensus RatingFirst Majestic Silver has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.50, First Majestic Silver has a forecasted upside of 183.8% from its current price of $5.11.Amount of Analyst CoverageFirst Majestic Silver has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.17% 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 4.2.Change versus previous monthShort interest in First Majestic Silver has recently increased by 3.87%, indicating that investor sentiment is decreasing. 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 2.3 News and Social Media Coverage News SentimentFirst Majestic Silver has a news sentiment score of 1.08. 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 0.50 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 2 news articles for First Majestic Silver this week, compared to 2 articles on an average week.Search InterestOnly 9 people have searched for AG on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added First Majestic Silver to their MarketBeat watchlist in the last 30 days. This is a decrease of -14% 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 31.43% of the stock of First Majestic Silver is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for First Majestic Silver are expected to grow in the coming year, from ($0.05) to $0.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Majestic Silver is -8.96, 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 -8.96, 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 0.99. P/B Ratios below 1 indicate that a company could be undervalued 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 acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. Its projects include the San Dimas mine that consists of 119 individual concessions covering an area of 71,839 hectares located in Durango and Sinaloa States, México; the Santa Elena comprising 32 individual concessions that covers an area of 102,172 hectares located in Sonora State, México; and the La Encantada consists of 22 exploitation concessions covering an area of 4,076 hectares located in Coahuila State, México. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.Read More AG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AG Stock News HeadlinesSeptember 20, 2023 | seekingalpha.comFirst Majestic: Good Assets And Share Dilution At A High PriceSeptember 19, 2023 | finance.yahoo.comIs First Majestic Silver (AG) Too Good to Be True? A Comprehensive Analysis of a Potential ...September 24, 2023 | Stansberry Research (Ad)1907, 1929, 1998, 2007--and now 2023?Analyst who called Lehman Bros. collapse says exact same scenario that occurred in 4 of America’s biggest economic calamities is unfolding again now. More here.September 17, 2023 | americanbankingnews.comFirst Majestic Silver (NYSE:AG) Trading Up 4.5%September 16, 2023 | americanbankingnews.comFirst Majestic Silver (NYSE:AG) Now Covered by BMO Capital MarketsSeptember 14, 2023 | msn.comFirst Majestic opens silver minting facility in Nevada, citing strong demandSeptember 14, 2023 | finance.yahoo.comFirst Majestic Announces the Opening of a Minting FacilityAugust 8, 2023 | seekingalpha.comFirst Majestic Silver: Q2 Earnings, Peso Strength Weighs On MarginsSeptember 24, 2023 | Stansberry Research (Ad)1907, 1929, 1998, 2007--and now 2023?Analyst who called Lehman Bros. collapse says exact same scenario that occurred in 4 of America’s biggest economic calamities is unfolding again now. More here.July 26, 2023 | seekingalpha.comFirst Majestic Silver: Production Per Share Declines Set To ContinueJuly 25, 2023 | seekingalpha.comAG First Majestic Silver Corp.July 21, 2023 | markets.businessinsider.comFirst Majestic Silver (AG) Gets a Buy from H.C. WainwrightJuly 20, 2023 | marketwatch.comFirst Majestic Cuts Full-Year Production Guidance -- Commodity CommentJune 21, 2023 | thestreet.comFirst Majestic Silver (AG) Stock Slumping Despite Higher Silver PricesJune 7, 2023 | thestreet.comFirst Majestic Silver (AG) Stock Jumps on Rising Silver PricesJune 5, 2023 | seekingalpha.comFirst Majestic Silver: Possibly A Better H2 AheadMay 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 SilverMay 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 12, 2023 | msn.comTuesday Is Your Last Chance To Buy First Majestic Silver Before The Dividend PayoutMay 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 PricesSee More Headlines 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 Company Calendar Last Earnings8/03/2023Ex-Dividend for 8/31 Dividend8/15/2023Dividend Payable8/31/2023Today9/24/2023Next Earnings (Estimated)11/08/2023Fiscal 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$14.50 High Stock Price Forecast$23.00 Low Stock Price Forecast$8.00 Forecasted Upside/Downside+183.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.57) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-114,280,000.00 Net Margins-25.46% Pretax Margin-36.10% Return on Equity-3.26% Return on Assets-2.18% Debt Debt-to-Equity Ratio0.17 Current Ratio2.89 Quick Ratio2.43 Sales & Book Value Annual Sales$624.22 million Price / Sales2.35 Cash Flow$0.30 per share Price / Cash Flow16.99 Book Value$5.18 per share Price / Book0.99Miscellaneous Outstanding Shares286,930,000Free Float284,492,000Market Cap$1.47 billion OptionableOptionable Beta1.12 The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Keith N. Neumeyer (Age 63)Founder, Pres, CEO & Director Comp: $1.59MMr. David Soares C.A.CPA, M.B.A., Chief Financial OfficerMr. Steven C. Holmes B.Sc.M.B.A., Chief Operating OfficerMr. Colin Bradford BowerVP of Operations-MexicoMr. Gonzalo Ariel MercadoVP of Exploration & Technical ServicesMs. Sophie E. Hsia BCLL.L.B., L.L.M., LLB, LLM, Gen. CounselMs. Jill Anne AriasVP of Corp. Communications & MarketingMr. Todd Anthony M.B.A.MBA, VP of Corp. Devel.Mr. David SmithVP of HRMs. Connie Lillico B.A.Corp. Sec.More ExecutivesKey CompetitorsSandstorm GoldNYSE:SANDIAMGOLDNYSE:IAGCenterra GoldNYSE:CGAUEldorado GoldNYSE:EGOSeabridge GoldNYSE:SAView All CompetitorsInstitutional OwnershipPortside Wealth Group LLCBought 14,202 shares on 9/1/2023Ownership: 0.005%Wolverine Trading LLCSold 69,300 shares on 8/23/2023Ownership: 0.000%Osaic Holdings Inc.Sold 7,234 shares on 8/21/2023Ownership: 0.046%Coppell Advisory Solutions LLCBought 5,000 shares on 8/17/2023Ownership: 0.002%GTS Securities LLCBought 220,098 shares on 8/16/2023Ownership: 0.077%View All Institutional Transactions AG Stock - Frequently Asked Questions Should I buy or sell First Majestic Silver stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Majestic Silver in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AG shares. View AG analyst ratings or view top-rated stocks. What is First Majestic Silver's stock price forecast for 2023? 2 analysts have issued 12 month price objectives for First Majestic Silver's stock. Their AG share price forecasts range from $8.00 to $23.00. On average, they predict the company's stock price to reach $14.50 in the next year. This suggests a possible upside of 183.8% 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 on January 1st, 2023. Since then, AG stock has decreased by 38.7% and is now trading at $5.11. View the best growth stocks for 2023 here. When is First Majestic Silver's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023. View our AG earnings forecast. How were First Majestic Silver's earnings last quarter? First Majestic Silver Corp. (NYSE:AG) released its quarterly earnings results on Thursday, August, 3rd. The mining company reported ($0.02) EPS for the quarter, hitting the consensus estimate of ($0.02). The mining company earned $146.69 million during the quarter. First Majestic Silver had a negative trailing twelve-month return on equity of 3.26% and a negative net margin of 25.46%. How often does First Majestic Silver pay dividends? What is the dividend yield for First Majestic Silver? First Majestic Silver announced a quarterly dividend on Thursday, August 3rd. Investors of record on Wednesday, August 16th will be paid a dividend of $0.005 per share on Thursday, August 31st. This represents a $0.02 annualized dividend and a dividend yield of 0.39%. The ex-dividend date of this dividend is Tuesday, August 15th. Read our dividend analysis for AG. 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 0.40%. 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), 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 a variety of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (9.94%), Mirae Asset Global Investments Co. Ltd. (2.29%), Dimensional Fund Advisors LP (0.62%), Marshall Wace LLP (0.58%), Wolverine Asset Management LLC (0.00%) and Renaissance Technologies LLC (0.54%). 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 $5.11. How much money does First Majestic Silver make? First Majestic Silver (NYSE:AG) has a market capitalization of $1.47 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 ($0.57) 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 9/24/2023 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. 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