HC Wainwright Has Strong Outlook for TSE:AG FY2026 Earnings

First Majestic Silver Corp. (TSE:AG) – Investment analysts at HC Wainwright lifted their FY2026 earnings estimates for shares of First Majestic Silver in a report issued on Friday, July 10th. HC Wainwright analyst H. Ihle now expects that the company will post earnings per share of $0.60 for the year, up from their prior forecast of $0.56. The consensus estimate for First Majestic Silver’s current full-year earnings is $0.46 per share.

A number of other analysts also recently issued reports on the company. ATB Cormark Capital Markets raised First Majestic Silver from a “hold” rating to a “moderate buy” rating and raised their target price for the stock from C$36.00 to C$37.00 in a research note on Friday. BMO Capital Markets raised shares of First Majestic Silver from a “hold” rating to an “outperform” rating and set a C$35.00 price target on the stock in a research report on Tuesday, March 24th. Finally, Scotiabank raised shares of First Majestic Silver to a “hold” rating in a report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$30.40.

First Majestic Silver Stock Performance

TSE AG opened at C$24.03 on Monday. The stock’s fifty day moving average is C$26.38 and its two-hundred day moving average is C$28.86. The firm has a market capitalization of C$11.87 billion, a P/E ratio of 40.73 and a beta of 2.79. First Majestic Silver has a fifty-two week low of C$10.69 and a fifty-two week high of C$43.69.

First Majestic Silver (TSE:AG) last posted its quarterly earnings results on Tuesday, May 12th. The company reported C$0.43 EPS for the quarter. First Majestic Silver had a return on equity of 10.82% and a net margin of 19.45%.The firm had revenue of C$662.71 million during the quarter.

About First Majestic Silver

First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine.