FY2026 Earnings Estimate for AG Issued By HC Wainwright

First Majestic Silver Corp. (NYSE:AG) (TSE:FR) – Equities researchers at HC Wainwright boosted their FY2026 earnings per share (EPS) estimates for First Majestic Silver in a research report issued on Friday, July 10th. HC Wainwright analyst H. Ihle now expects that the mining company will post earnings of $0.42 per share for the year, up from their previous forecast of $0.41. HC Wainwright has a “Buy” rating and a $26.00 price target on the stock. The consensus estimate for First Majestic Silver’s current full-year earnings is $0.75 per share.

A number of other brokerages also recently weighed in on AG. Wall Street Zen raised shares of First Majestic Silver from a “hold” rating to a “buy” rating in a research note on Sunday. ATB Cormark Capital Markets raised shares of First Majestic Silver from a “hold” rating to a “moderate buy” rating in a report on Friday. Zacks Research lowered shares of First Majestic Silver from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st. Scotiabank upgraded shares of First Majestic Silver to a “hold” rating in a research report on Thursday, April 23rd. Finally, BMO Capital Markets raised shares of First Majestic Silver from a “market perform” rating to an “outperform” rating in a report on Tuesday, March 24th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $23.67.

First Majestic Silver Stock Up 0.2%

Shares of NYSE AG opened at $16.99 on Monday. The company has a current ratio of 2.73, a quick ratio of 2.54 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average of $18.92 and a 200-day moving average of $20.92. The firm has a market capitalization of $8.38 billion, a price-to-earnings ratio of 28.32 and a beta of 0.91. First Majestic Silver has a 12 month low of $7.74 and a 12 month high of $32.03.

First Majestic Silver (NYSE:AG) (TSE:FR) last released its quarterly earnings results on Tuesday, May 12th. The mining company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.02). The business had revenue of $476.67 million during the quarter, compared to analysts’ expectations of $522.00 million. First Majestic Silver had a net margin of 19.51% and a return on equity of 11.19%. The business’s revenue was up 95.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.05 EPS.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of AG. Lodestone Wealth Management LLC purchased a new position in shares of First Majestic Silver during the fourth quarter worth approximately $25,000. EFG International AG purchased a new stake in shares of First Majestic Silver in the 4th quarter valued at $25,000. Harbor Investment Advisory LLC purchased a new stake in shares of First Majestic Silver in the 1st quarter valued at $32,000. PNC Financial Services Group Inc. grew its holdings in shares of First Majestic Silver by 184.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,508 shares of the mining company’s stock valued at $32,000 after purchasing an additional 978 shares during the last quarter. Finally, Spire Wealth Management bought a new position in shares of First Majestic Silver during the 4th quarter valued at $35,000. 27.16% of the stock is currently owned by institutional investors.

First Majestic Silver Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Wednesday, May 20th were given a $0.0171 dividend. This represents a $0.07 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Wednesday, May 20th. This is a positive change from First Majestic Silver’s previous quarterly dividend of $0.01. First Majestic Silver’s dividend payout ratio is presently 11.67%.

About First Majestic Silver

First Majestic Silver Corp. (NYSE:AG) engages in the production of silver from its wholly owned operations in Mexico. Headquartered in Vancouver, British Columbia, the company focuses on acquiring, developing and operating high-grade silver projects. Established in 2002, First Majestic has built a multi-mine portfolio to supply silver primarily for the global industrial and investment markets while generating by-products such as gold, lead and zinc concentrates.

First Majestic’s principal operations are located in the historic Mexican Silver Belt, with producing mines including La Encantada in Coahuila, Santa Elena in Sonora and La Parrilla in Durango.