Scotiabank Has Bullish Forecast for TSE:AG FY2026 Earnings

First Majestic Silver Corp. (TSE:AG) – Analysts at Scotiabank raised their FY2026 earnings per share (EPS) estimates for shares of First Majestic Silver in a research note issued on Tuesday, October 13th. Scotiabank analyst E. Winmill now expects that the company will post earnings per share of $0.99 for the year, up from their previous forecast of $0.97. The consensus estimate for First Majestic Silver’s current full-year earnings is $0.46 per share.

Separately, ATB Cormark Capital Markets upgraded First Majestic Silver from a “hold” rating to a “moderate buy” rating and raised their price target for the stock from C$36.00 to C$37.00 in a research report on Friday, July 10th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$36.00.

First Majestic Silver Stock Performance

TSE:AG opened at C$22.79 on Friday. The stock’s fifty day moving average is C$26.81 and its 200 day moving average is C$26.45. First Majestic Silver has a fifty-two week low of C$14.42 and a fifty-two week high of C$43.69. The firm has a market capitalization of C$11.24 billion, a PE ratio of 32.56 and a beta of 2.86.

First Majestic Silver (TSE:AG) last announced its earnings results on Thursday, July 30th. The company reported C$0.30 EPS for the quarter. The firm had revenue of C$590.33 million during the quarter. First Majestic Silver had a return on equity of 12.27% and a net margin of 21.09%.

First Majestic Silver Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 31st were paid a $0.0152 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $0.06 annualized dividend and a yield of 0.3%. First Majestic Silver’s dividend payout ratio (DPR) is presently 5.06%.

First Majestic Silver Company Profile

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.