FY2026 Earnings Estimate for AG Issued By Scotiabank

First Majestic Silver Corp. (NYSE:AG - Free Report) TSE: FR - Investment analysts at Scotiabank issued their FY2026 earnings estimates for shares of First Majestic Silver in a research note issued on Wednesday, January 8th. Scotiabank analyst O. Habib anticipates that the mining company will post earnings of $0.38 per share for the year. The consensus estimate for First Majestic Silver's current full-year earnings is ($0.17) per share.

First Majestic Silver (NYSE:AG - Get Free Report) TSE: FR last posted its quarterly earnings results on Thursday, November 7th. The mining company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.12). First Majestic Silver had a negative return on equity of 4.19% and a negative net margin of 14.89%. The company had revenue of $146.09 million for the quarter.

Separately, HC Wainwright reaffirmed a "buy" rating and issued a $11.00 target price on shares of First Majestic Silver in a research report on Friday.

First Majestic Silver Trading Down 0.7 %

NYSE:AG traded down $0.04 during mid-day trading on Friday, reaching $5.84. 14,481,511 shares of the company's stock traded hands, compared to its average volume of 13,921,834. The company has a 50 day moving average price of $6.09 and a 200-day moving average price of $6.10. The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of -21.63 and a beta of 1.25. The company has a debt-to-equity ratio of 0.16, a current ratio of 3.03 and a quick ratio of 2.45. First Majestic Silver has a 12-month low of $4.17 and a 12-month high of $8.44.

First Majestic Silver Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were issued a dividend of $0.0048 per share. This represents a $0.02 annualized dividend and a dividend yield of 0.33%. This is a boost from First Majestic Silver's previous quarterly dividend of $0.00. The ex-dividend date was Friday, November 15th. First Majestic Silver's dividend payout ratio is presently -3.70%.

Hedge Funds Weigh In On First Majestic Silver

Institutional investors have recently made changes to their positions in the business. Toronto Dominion Bank boosted its holdings in First Majestic Silver by 6.7% in the 3rd quarter. Toronto Dominion Bank now owns 29,404 shares of the mining company's stock worth $176,000 after buying an additional 1,855 shares during the period. Blue Trust Inc. lifted its position in shares of First Majestic Silver by 77.3% in the third quarter. Blue Trust Inc. now owns 5,166 shares of the mining company's stock valued at $31,000 after acquiring an additional 2,253 shares in the last quarter. Veracity Capital LLC boosted its stake in shares of First Majestic Silver by 18.5% in the third quarter. Veracity Capital LLC now owns 17,344 shares of the mining company's stock worth $104,000 after acquiring an additional 2,710 shares during the period. The Manufacturers Life Insurance Company grew its position in shares of First Majestic Silver by 1.7% during the second quarter. The Manufacturers Life Insurance Company now owns 238,618 shares of the mining company's stock worth $1,411,000 after purchasing an additional 3,980 shares in the last quarter. Finally, Euro Pacific Asset Management LLC raised its stake in First Majestic Silver by 14.4% during the 3rd quarter. Euro Pacific Asset Management LLC now owns 41,211 shares of the mining company's stock valued at $251,000 after purchasing an additional 5,181 shares during the period. Institutional investors own 27.16% of the company's stock.

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.