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

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Majestic Silver in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" FR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FR, but not buy additional shares or sell existing shares.
View FR analyst ratings or view top-rated stocks.

4 analysts have issued 12 month price targets for First Majestic Silver's shares. Their FR share price forecasts range from C$8.25 to C$15.00. On average, they anticipate the company's stock price to reach C$11.25 in the next twelve months. This suggests a possible upside of 57.3% from the stock's current price.
View analysts price targets for FR or view top-rated stocks among Wall Street analysts.

First Majestic Silver's stock was trading at C$11.28 on January 1st, 2023. Since then, FR stock has decreased by 36.6% and is now trading at C$7.15.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our FR earnings forecast.

First Majestic Silver Corp. (TSE:FR) issued its earnings results on Thursday, August, 3rd. The mining company reported ($0.03) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.03). The mining company had revenue of $197.05 million for the quarter. First Majestic Silver had a negative trailing twelve-month return on equity of 11.36% and a negative net margin of 25.46%.

First Majestic Silver announced a quarterly dividend on Thursday, August 3rd. Investors of record on Wednesday, August 16th will be paid a dividend of 0.007 per share on Thursday, August 31st. This represents a $0.03 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date is Tuesday, August 15th.
Read our dividend analysis for FR.

First Majestic Silver (TSE:FR) pays an annual dividend of C$0.03 per share and currently has a dividend yield of 0.36%.
Read our dividend analysis for FR.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Majestic Silver investors own include Intact Financial (IFC), Constellation Software (CSU), First Majestic Silver (AG), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), Vermilion Energy (VET), AbbVie (ABBV), (CXRX) (CXRX) and Suncor Energy (SU).

First Majestic Silver trades on the Toronto Stock Exchange (TSX) under the ticker symbol "FR."

Shares of FR stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of FR stock can currently be purchased for approximately C$7.15.

First Majestic Silver (TSE:FR) has a market capitalization of C$2.05 billion and generates C$611.58 million in revenue each year. The mining company earns C$-155,700,000.00 in net income (profit) each year or C($0.78) on an earnings per share basis.

The company employs 2,018 workers across the globe.

First Majestic Silver's mailing address is 925 Georgia St W Suite 1805, VANCOUVER, BC V6C 3L2, Canada. The official website for the company is www.firstmajestic.com. The mining company can be reached via phone at +1-604-6883033.