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 twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities 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 .

What is First Majestic Silver's stock price target for 2024?

2 equities research analysts have issued 12 month price objectives for First Majestic Silver's shares. Their FR share price targets range from C$7.00 to C$7.50. On average, they expect the company's share price to reach C$7.33 in the next twelve months. This suggests that the stock has a possible downside of 21.4%. View analysts price targets for FR or view top-rated stocks among Wall Street analysts .

How have FR shares performed in 2024?

First Majestic Silver's stock was trading at C$8.13 at the beginning of the year. Since then, FR stock has increased by 14.8% and is now trading at C$9.33. View the best growth stocks for 2024 here .

When is First Majestic Silver's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our FR earnings forecast .

How were First Majestic Silver's earnings last quarter?

First Majestic Silver Corp. (TSE:FR) issued its earnings results on Thursday, February, 22nd. The mining company reported ($0.04) earnings per share for the quarter, beating analysts' consensus estimates of ($0.05) by $0.01. The mining company had revenue of $186.46 million for the quarter. First Majestic Silver had a negative trailing twelve-month return on equity of 9.76% and a negative net margin of 23.55%.

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, February 22nd. Investors of record on Thursday, March 14th will be paid a dividend of 0.006 per share on Thursday, March 28th. This represents a $0.02 annualized dividend and a yield of 0.26%. The ex-dividend date of this dividend is Wednesday, March 13th. Read our dividend analysis for FR .

Is First Majestic Silver a good dividend stock?

First Majestic Silver (TSE:FR) pays an annual dividend of C$0.03 per share and currently has a dividend yield of 0.34%. Read our dividend analysis for FR .

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 Intact Financial (IFC) , Constellation Software (CSU) , First Majestic Silver (AG) , AutoCanada (ACQ) , Alimentation Couche-Tard (ATD.B) , Vermilion Energy (VET) , Wheaton Precious Metals (WPM) , AbbVie (ABBV) , (CXRX) (CXRX) and Suncor Energy (SU) .

How do I buy shares of First Majestic Silver?

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. Compare Top Brokerages Here .

TSE:FR

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

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Free FR Stock Alerts

C$9.33

-0.09 (-0.96%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$9.28
▼
C$9.73
50-Day Range: C$5.74
▼
C$10.95
52-Week Range: C$5.67
▼
C$11.58

Volume: 917,899 shs
Average Volume: 845,961 shs
Market Capitalization: C$2.68 billion

P/E Ratio: N/A
Dividend Yield: 0.32%
Price Target: C$7.33

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get First Majestic Silver alerts:

First Majestic Silver MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 21.4% Downside
C$7.33 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.38
Based on 6 Articles This Week
Insider Trading: Acquiring Shares
C$35,811 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.36 out of 5 stars

1.0

Analyst's Opinion

Consensus Rating
First Majestic Silver has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
First Majestic Silver has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for FR.

0.0

Dividend Strength

Dividend Yield
First Majestic Silver has a dividend yield of 0.34%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
First Majestic Silver does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FR.

3.0

News and Social Media Coverage

News Sentiment
First Majestic Silver has a news sentiment score of 0.38. 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 news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for First Majestic Silver this week, compared to 1 article on an average week.
Search Interest
1 people have searched for FR on MarketBeat in the last 30 days.
MarketBeat Follows
1 people have added First Majestic Silver to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Majestic Silver insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$35,811.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
Only 2.22% of the stock of First Majestic Silver is held by insiders.
Percentage Held by Institutions
Only 35.95% of the stock of First Majestic Silver is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of First Majestic Silver is -14.35, 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. Sector
The P/E ratio of First Majestic Silver is -14.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
First Majestic Silver has a PEG Ratio of 0.14. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
First Majestic Silver has a P/B Ratio of 1.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About First Majestic Silver Stock (TSE:FR)

First 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 covering an area of approximately 71,867 hectares located in Durango State, Mexico; the Santa Elena that covers an area of approximately 102,244 hectares located in Sonora State, México; and the La Encantada covering an area of approximately 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.

FR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FR Stock News Headlines

April 18, 2024 | americanbankingnews.com

First Majestic Silver (TSE:FR) Shares Down 8.2%

April 16, 2024 | americanbankingnews.com

First Majestic Silver (TSE:FR) Stock Price Passes Above 50-Day Moving Average of $7.51

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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April 15, 2024 | msn.com

Silver Surge: 2 Mining Stocks to Play the Recent Rally

April 10, 2024 | msn.com

First Majestic Silver Stock (NYSE:AG): Watch for Surprises as Inflation Rises

April 9, 2024 | benzinga.com

A Closer Look at First Majestic Silver's Options Market Dynamics

April 8, 2024 | msn.com

TSX Today: What to Watch for in Stocks on Monday, April 8

April 8, 2024 | finance.yahoo.com

Calculating The Intrinsic Value Of First Majestic Silver Corp. (TSE:FR)

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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April 1, 2024 | juniorminingnetwork.com

First Majestic Silver Announces 2023 Mineral Reserve and Mineral Resource Estimates

March 18, 2024 | mirror.co.uk

'My child turned into a mini-monarch through Disneyland’s new My Royal Dream Experience'

March 11, 2024 | sports.yahoo.com

The Heavyweights Rock Austria

February 29, 2024 | nasdaq.com

Could the Silver Price Really Hit US$100 per Ounce? (Updated 2024)

February 24, 2024 | finance.yahoo.com

AG Mar 2024 4.500 call

February 18, 2024 | msn.com

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AG Oct 2024 6.000 call

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AG Mar 2024 3.500 call

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AG Apr 2024 3.500 put

February 15, 2024 | finance.yahoo.com

AG Mar 2024 4.000 put

February 13, 2024 | seekingalpha.com

First Majestic Silver: Consistent Losses, Can They Turn It Around?

February 13, 2024 | finance.yahoo.com

AG Jan 2026 10.000 call

January 22, 2024 | finance.yahoo.com

New Strong Sell Stocks for January 22nd

November 7, 2023 | finance.yahoo.com

First Majestic Silver (TSE:FR) dips 16% this week as increasing losses might not be inspiring confidence among its investors

November 1, 2023 | morningstar.com

First Majestic Silver Corp AG

October 16, 2023 | theglobeandmail.com

First Majestic Silver: Top 25 Undervalued Toronto Stock Exchange Stocks (FR)

October 12, 2023 | juniorminingnetwork.com

First Majestic Silver Produces 6.3 Million AgEq Oz in Q3 2023 Consisting of 2.5 Million Silver Ounces and 46,720 Gold Ounces

September 15, 2023 | finance.yahoo.com

First Majestic (AG) Announces the Opening of a Minting Facility

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Ex-Dividend for 3/28 Dividend: 3/13/2024
Dividend Payable: 3/28/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/02/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Silver
Sub-Industry: N/A
Current Symbol: TSE:FR
CUSIP: N/A
CIK: N/A
Web: www.firstmajestic.com
Phone: +1-604-6883033
Fax: N/A
Employees: 2,018
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$7.33
High Stock Price Target: C$7.50
Low Stock Price Target: C$7.00
Potential Upside/Downside: -21.9%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.65)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 716.58
P/E Growth: 0.14
Net Income: C$-135,110,000.00
Net Margins: -23.55%
Pretax Margin: N/A
Return on Equity: -9.76%
Return on Assets: -4.24%

Debt

Debt-to-Equity Ratio: 18.89
Current Ratio: 2.57
Quick Ratio: 1.19

Sales & Book Value

Annual Sales: C$573.80 million
Price / Sales: 4.70
Cash Flow: C$0.47 per share
Price / Cash Flow: 19.87
Book Value: C$4.73 per share
Price / Book: 1.99

Miscellaneous

Outstanding Shares: 287,150,000
Free Float: N/A
Market Cap: C$2.70 billion
Optionable: Not Optionable
Beta: 1.28

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Key Executives

Mr. Keith N. Neumeyer (Age 64)
Founder, President, CEO & Director
Comp: $2.16M
Mr. David Soares C.A.
CPA, M.B.A., Chief Financial Officer
Mr. Steven C. Holmes B.Sc.
M.B.A., Chief Operating Officer
Mr. Colin Bradford Bower
Vice President of Operations-Mexico
Mr. Gonzalo Ariel Mercado
Vice President of Exploration & Technical Services
Ms. Sophie E. Hsia BCL
L.L.B., L.L.M., General Counsel
Ms. Jill Anne Arias
Vice President of Corporate Communications & Marketing
Mr. Todd Anthony M.B.A.
Vice President of Corporate Development
Mr. David Smith
Vice President of Human Resources
Ms. Connie Lillico B.A.
Corporate Secretary

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

FR Stock Analysis - 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 twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities 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.
What is First Majestic Silver's stock price target for 2024?: 2 equities research analysts have issued 12 month price objectives for First Majestic Silver's shares. Their FR share price targets range from C$7.00 to C$7.50. On average, they expect the company's share price to reach C$7.33 in the next twelve months. This suggests that the stock has a possible downside of 21.4%.
View analysts price targets for FR or view top-rated stocks among Wall Street analysts.
How have FR shares performed in 2024?: First Majestic Silver's stock was trading at C$8.13 at the beginning of the year. Since then, FR stock has increased by 14.8% and is now trading at C$9.33.
View the best growth stocks for 2024 here.
When is First Majestic Silver's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our FR earnings forecast.
How were First Majestic Silver's earnings last quarter?: First Majestic Silver Corp. (TSE:FR) issued its earnings results on Thursday, February, 22nd. The mining company reported ($0.04) earnings per share for the quarter, beating analysts' consensus estimates of ($0.05) by $0.01. The mining company had revenue of $186.46 million for the quarter. First Majestic Silver had a negative trailing twelve-month return on equity of 9.76% and a negative net margin of 23.55%.

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, February 22nd. Investors of record on Thursday, March 14th will be paid a dividend of 0.006 per share on Thursday, March 28th. This represents a $0.02 annualized dividend and a yield of 0.26%. The ex-dividend date of this dividend is Wednesday, March 13th.
Read our dividend analysis for FR.
Is First Majestic Silver a good dividend stock?: First Majestic Silver (TSE:FR) pays an annual dividend of C$0.03 per share and currently has a dividend yield of 0.34%.
Read our dividend analysis for FR.
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 Intact Financial (IFC), Constellation Software (CSU), First Majestic Silver (AG), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), Vermilion Energy (VET), Wheaton Precious Metals (WPM), AbbVie (ABBV), (CXRX) (CXRX) and Suncor Energy (SU).
How do I buy shares of First Majestic Silver?: 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.
Compare Top Brokerages Here.

This page (TSE:FR) was last updated on 4/18/2024 by MarketBeat.com Staff

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

First Majestic Silver MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About First Majestic Silver Stock (TSE:FR)

FR Stock Price History

FR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

FR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™