HC Wainwright Issues Optimistic Estimate for TSE:AG Earnings

First Majestic Silver Corp. (TSE:AG) – Stock analysts at HC Wainwright lifted their FY2026 earnings per share (EPS) estimates for shares of First Majestic Silver in a research report issued to clients and investors on Tuesday, May 12th. HC Wainwright analyst H. Ihle now expects that the company will post earnings of $0.56 per share for the year, up from their previous forecast of $0.28. The consensus estimate for First Majestic Silver’s current full-year earnings is $0.46 per share.

Other equities analysts have also issued research reports about the stock. TD Securities lifted their price target on shares of First Majestic Silver from C$22.00 to C$36.00 in a report on Thursday, January 22nd. Scotiabank upgraded First Majestic Silver to a “hold” rating in a report on Thursday, April 23rd. Finally, BMO Capital Markets raised First Majestic Silver from a “hold” rating to an “outperform” rating and set a C$35.00 target price on the stock in a research report on Tuesday, March 24th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of C$33.40.

First Majestic Silver Stock Performance

First Majestic Silver stock opened at C$32.90 on Thursday. First Majestic Silver has a 1 year low of C$7.67 and a 1 year high of C$43.69. The firm has a 50 day moving average price of C$29.96 and a 200 day moving average price of C$26.88. The company has a market cap of C$16.24 billion, a price-to-earnings ratio of 96.76 and a beta of 2.85.

First Majestic Silver (TSE:AG) last announced its quarterly earnings data on Tuesday, May 12th. The company reported C$0.43 earnings per share for the quarter. First Majestic Silver had a net margin of 13.14% and a return on equity of 6.49%. The business had revenue of C$662.71 million for the quarter.

About First Majestic Silver

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.