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

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.
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1 brokers have issued 1-year price targets for First Majestic Silver's shares. Their AG share price forecasts range from $8.00 to $11.00. On average, they predict the company's stock price to reach $9.40 in the next year. This suggests a possible upside of 58.5% from the stock's current price.
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First Majestic Silver's stock was trading at $8.34 at the beginning of the year. Since then, AG stock has decreased by 28.9% and is now trading at $5.93.
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First Majestic Silver saw a increase in short interest in 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 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) earnings per share 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 quarter in the previous year, the firm earned $0.02 EPS.

First Majestic Silver declared a quarterly dividend on Thursday, May 4th. Stockholders 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 0.40%. The ex-dividend date is Wednesday, May 17th. This is a positive change 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 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.

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 $5.93.

First Majestic Silver (NYSE:AG) has a market capitalization of $1.65 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.

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.