National Bank Financial Estimates AG FY2025 Earnings

First Majestic Silver Corp. (NYSE:AG - Free Report) TSE: FR - Analysts at National Bank Financial dropped their FY2025 earnings estimates for First Majestic Silver in a report released on Wednesday, February 26th. National Bank Financial analyst D. Demarco now anticipates that the mining company will earn $0.17 per share for the year, down from their prior forecast of $0.62. The consensus estimate for First Majestic Silver's current full-year earnings is $0.54 per share. National Bank Financial also issued estimates for First Majestic Silver's FY2026 earnings at $0.40 EPS.

First Majestic Silver (NYSE:AG - Get Free Report) TSE: FR last issued its quarterly earnings data on Thursday, February 20th. The mining company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.05 by ($0.02). The firm had revenue of $172.34 million for the quarter, compared to analyst estimates of $227.77 million. First Majestic Silver had a negative return on equity of 3.07% and a negative net margin of 18.17%.

A number of other brokerages also recently issued reports on AG. HC Wainwright reiterated a "buy" rating and set a $11.00 price target on shares of First Majestic Silver in a research report on Friday, February 21st. Scotiabank decreased their target price on First Majestic Silver from $6.50 to $6.00 and set a "sector perform" rating on the stock in a research report on Wednesday, January 15th. Finally, StockNews.com raised shares of First Majestic Silver from a "sell" rating to a "hold" rating in a report on Friday, February 21st.

Remove Ads

First Majestic Silver Price Performance

Shares of AG stock traded up $0.01 during mid-day trading on Monday, hitting $5.84. 21,643,759 shares of the stock were exchanged, compared to its average volume of 10,393,737. First Majestic Silver has a 52-week low of $4.43 and a 52-week high of $8.44. The company has a quick ratio of 2.12, a current ratio of 2.56 and a debt-to-equity ratio of 0.16. The company has a market cap of $1.82 billion, a PE ratio of -16.67 and a beta of 1.24. The firm has a fifty day moving average of $5.65 and a 200 day moving average of $6.03.

Institutional Investors Weigh In On First Majestic Silver

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Creative Planning purchased a new position in shares of First Majestic Silver in the third quarter worth about $72,000. Blue Trust Inc. increased its position in First Majestic Silver by 77.3% during the third quarter. Blue Trust Inc. now owns 5,166 shares of the mining company's stock worth $31,000 after purchasing an additional 2,253 shares during the last quarter. Raymond James & Associates lifted its position in First Majestic Silver by 17.7% in the third quarter. Raymond James & Associates now owns 558,096 shares of the mining company's stock valued at $3,349,000 after buying an additional 83,867 shares during the last quarter. International Assets Investment Management LLC boosted its position in shares of First Majestic Silver by 136.4% during the 3rd quarter. International Assets Investment Management LLC now owns 33,090 shares of the mining company's stock worth $1,990,000 after purchasing an additional 19,095 shares during the period. Finally, Van ECK Associates Corp grew its stake in shares of First Majestic Silver by 2.7% in the third quarter. Van ECK Associates Corp now owns 28,912,989 shares of the mining company's stock valued at $173,478,000 after buying an additional 764,790 shares in the last quarter. Institutional investors and hedge funds own 27.16% of the company's stock.

First Majestic Silver Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a $0.0057 dividend. This is an increase from First Majestic Silver's previous quarterly dividend of $0.00. This represents a $0.02 annualized dividend and a yield of 0.39%. The ex-dividend date of this dividend is Friday, February 28th. First Majestic Silver's dividend payout ratio is currently -5.71%.

First Majestic Silver Company Profile

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.