What is Scotiabank’s Estimate for AG FY2026 Earnings?

First Majestic Silver Corp. (NYSE:AG) (TSE:FR) – Equities researchers at Scotiabank issued their FY2026 earnings estimates for First Majestic Silver in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst O. Habib forecasts 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.

Separately, HC Wainwright reissued a “buy” rating and issued a $8.50 price target on shares of First Majestic Silver in a research note on Friday, October 18th.

First Majestic Silver Trading Down 0.7 %

Shares of AG opened at $5.89 on Friday. The business’s 50-day moving average price is $6.12 and its 200 day moving average price is $6.10. The stock has a market capitalization of $1.78 billion, a P/E ratio of -21.81 and a beta of 1.25. First Majestic Silver has a 1-year low of $4.17 and a 1-year high of $8.44. The company has a current ratio of 3.03, a quick ratio of 2.45 and a debt-to-equity ratio of 0.16.

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

First Majestic Silver Increases Dividend

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

Hedge Funds Weigh In On First Majestic Silver

Several institutional investors and hedge funds have recently bought and sold shares of the business. Commonwealth Equity Services LLC acquired a new stake in shares of First Majestic Silver during the 2nd quarter valued at about $325,000. TD Asset Management Inc lifted its holdings in shares of First Majestic Silver by 0.8% during the second quarter. TD Asset Management Inc now owns 774,530 shares of the mining company’s stock worth $4,585,000 after buying an additional 5,868 shares during the last quarter. Caprock Group LLC acquired a new position in shares of First Majestic Silver during the second quarter worth approximately $503,000. Choreo LLC increased its position in shares of First Majestic Silver by 267.1% during the second quarter. Choreo LLC now owns 71,796 shares of the mining company’s stock valued at $414,000 after purchasing an additional 52,239 shares during the period. Finally, Rathbones Group PLC increased its position in shares of First Majestic Silver by 15.9% during the second quarter. Rathbones Group PLC now owns 54,107 shares of the mining company’s stock valued at $320,000 after purchasing an additional 7,415 shares during the period. Hedge funds and other institutional investors own 27.16% of the company’s stock.

About First Majestic Silver

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.