FY2026 Earnings Estimate for AG Issued By HC Wainwright

First Majestic Silver Corp. (NYSE:AG) (TSE:FR) – Research analysts at HC Wainwright lifted their FY2026 earnings per share estimates for shares of First Majestic Silver in a note issued to investors on Friday, July 31st. HC Wainwright analyst H. Ihle now forecasts that the mining company will post earnings per share of $0.81 for the year, up from their prior estimate of $0.42. HC Wainwright currently has a “Buy” rating and a $27.00 target price on the stock. The consensus estimate for First Majestic Silver’s current full-year earnings is $0.80 per share.

AG has been the topic of a number of other research reports. Wall Street Zen cut First Majestic Silver from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. ATB Cormark Capital Markets upgraded First Majestic Silver from a “hold” rating to a “moderate buy” rating in a research report on Friday, July 10th. Scotiabank decreased their price target on shares of First Majestic Silver from $23.00 to $22.50 and set a “sector perform” rating on the stock in a research note on Tuesday, July 14th. Finally, Weiss Ratings lowered shares of First Majestic Silver from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $23.83.

First Majestic Silver Stock Performance

First Majestic Silver stock opened at $15.69 on Tuesday. First Majestic Silver has a fifty-two week low of $7.97 and a fifty-two week high of $32.03. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.38 and a current ratio of 2.57. The stock has a market cap of $7.74 billion, a P/E ratio of 22.10 and a beta of 0.91. The firm’s fifty day moving average price is $17.37 and its 200-day moving average price is $20.75.

First Majestic Silver (NYSE:AG) (TSE:FR) last announced its earnings results on Thursday, July 30th. The mining company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.04). First Majestic Silver had a net margin of 21.18% and a return on equity of 13.36%. The company had revenue of $415.50 million for the quarter, compared to the consensus estimate of $496.00 million. During the same quarter in the previous year, the firm earned $0.11 earnings per share. The company’s revenue for the quarter was up 57.3% compared to the same quarter last year.

Institutional Trading of First Majestic Silver

A number of hedge funds and other institutional investors have recently modified their holdings of AG. Royal Bank of Canada boosted its holdings in First Majestic Silver by 77.4% in the 1st quarter. Royal Bank of Canada now owns 604,186 shares of the mining company’s stock worth $4,042,000 after buying an additional 263,688 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of First Majestic Silver by 355.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,193,589 shares of the mining company’s stock worth $7,985,000 after purchasing an additional 931,690 shares in the last quarter. Geode Capital Management LLC raised its stake in First Majestic Silver by 12.4% during the 2nd quarter. Geode Capital Management LLC now owns 240,083 shares of the mining company’s stock valued at $1,994,000 after purchasing an additional 26,553 shares during the period. Creative Planning boosted its stake in First Majestic Silver by 25.3% in the 2nd quarter. Creative Planning now owns 28,837 shares of the mining company’s stock worth $238,000 after purchasing an additional 5,828 shares during the period. Finally, Franklin Resources Inc. boosted its stake in First Majestic Silver by 12.8% in the 2nd quarter. Franklin Resources Inc. now owns 25,940 shares of the mining company’s stock worth $215,000 after purchasing an additional 2,936 shares during the period. 27.16% of the stock is owned by hedge funds and other institutional investors.

First Majestic Silver Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be given a dividend of $0.0152 per share. This represents a $0.06 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Friday, August 14th. First Majestic Silver’s dividend payout ratio is 8.45%.

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.