Research Analysts Issue Forecasts for AG FY2026 Earnings

First Majestic Silver Corp. (NYSE:AG) (TSE:FR) – Scotiabank reduced their FY2026 earnings per share estimates for First Majestic Silver in a research note issued on Wednesday, November 11th. Scotiabank analyst E. Winmill now expects that the mining company will post earnings of $0.65 per share for the year, down from their prior forecast of $0.69. The consensus estimate for First Majestic Silver’s current full-year earnings is $0.80 per share. Scotiabank also issued estimates for First Majestic Silver’s FY2027 earnings at $0.87 EPS.

Several other research firms also recently commented on AG. HC Wainwright dropped their price objective on shares of First Majestic Silver from $25.50 to $25.00 and set a “buy” rating on the stock in a report on Friday, November 6th. Wall Street Zen lowered shares of First Majestic Silver from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Weiss Ratings raised shares of First Majestic Silver from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday. Finally, Zacks Research cut shares of First Majestic Silver from a “hold” rating to a “strong sell” rating in a report on Monday, October 19th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $23.75.

First Majestic Silver Stock Performance

AG opened at $14.01 on Friday. First Majestic Silver has a 12-month low of $10.72 and a 12-month high of $32.03. The company has a current ratio of 2.51, a quick ratio of 2.33 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $6.91 billion, a PE ratio of 14.62 and a beta of 0.98. The firm has a 50 day moving average of $17.17 and a two-hundred day moving average of $19.68.

First Majestic Silver (NYSE:AG) (TSE:FR) last issued its earnings results on Thursday, November 5th. The mining company reported $0.19 EPS for the quarter, meeting analysts’ consensus estimates of $0.19. First Majestic Silver had a return on equity of 14.72% and a net margin of 22.58%. The firm had revenue of $394.10 million for the quarter, compared to analyst estimates of $390.00 million.

Institutional Investors Weigh In On First Majestic Silver

A number of hedge funds and other institutional investors have recently made changes to their positions in AG. BlackRock Inc. acquired a new position in shares of First Majestic Silver in the 2nd quarter valued at $3,515,000. Entropy Technologies LP acquired a new stake in First Majestic Silver during the first quarter valued at $2,593,000. Crescent Grove Advisors LLC acquired a new stake in First Majestic Silver during the third quarter valued at $2,120,000. Cypress Capital Management LLC WY acquired a new stake in First Majestic Silver during the second quarter valued at $1,346,000. Finally, The Manufacturers Life Insurance Company purchased a new position in First Majestic Silver in the second quarter valued at $59,610,000. Institutional investors and hedge funds own 27.16% of the company’s stock.

First Majestic Silver Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be given a $0.0142 dividend. The ex-dividend date is Monday, November 16th. This represents a $0.06 annualized dividend and a yield of 0.4%. This is a drop from First Majestic Silver’s previous quarterly dividend of $0.0152. First Majestic Silver’s payout ratio is currently 7.50%.

First Majestic Silver Company Profile

First Majestic Silver Corp. is a Canadian mining company focused on exploring, developing and operating silver and gold mines. Its operations are primarily in Mexico, where it produces and sells silver and gold, along with other metals recovered as byproducts. The company’s Mexican mine portfolio includes San Dimas, Santa Elena, La Encantada and Cerro Los Gatos. First Majestic added Cerro Los Gatos through its acquisition of Gatos Silver, completed in 2025. Founded in 2002, First Majestic is headquartered in Vancouver, British Columbia.