What is HC Wainwright’s Forecast for AG FY2026 Earnings?

First Majestic Silver Corp. (NYSE:AGFree Report) (TSE:FR) – Stock analysts at HC Wainwright boosted their FY2026 earnings estimates for shares of First Majestic Silver in a report issued on Tuesday, May 12th. HC Wainwright analyst H. Ihle now anticipates that the mining company will post earnings per share of $0.41 for the year, up from their prior forecast of $0.20. HC Wainwright currently has a “Buy” rating and a $30.75 price target on the stock. The consensus estimate for First Majestic Silver’s current full-year earnings is $0.72 per share.

AG has been the topic of a number of other research reports. BMO Capital Markets raised First Majestic Silver from a “market perform” rating to an “outperform” rating in a research note on Tuesday, March 24th. Zacks Research downgraded shares of First Majestic Silver from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 31st. Weiss Ratings restated a “hold (c-)” rating on shares of First Majestic Silver in a research report on Wednesday, January 21st. Scotiabank raised shares of First Majestic Silver to a “hold” rating in a research note on Thursday, April 23rd. Finally, Wall Street Zen lowered shares of First Majestic Silver from a “strong-buy” rating to a “buy” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $25.25.

View Our Latest Report on AG

First Majestic Silver Stock Down 0.8%

NYSE AG opened at $24.02 on Thursday. The stock’s 50 day simple moving average is $21.82 and its 200 day simple moving average is $19.52. First Majestic Silver has a one year low of $5.49 and a one year high of $32.03. The firm has a market cap of $11.84 billion, a PE ratio of 40.03 and a beta of 0.85. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.60 and a quick ratio of 2.41.

First Majestic Silver (NYSE:AGGet Free Report) (TSE:FR) last released its quarterly earnings results on Tuesday, May 12th. The mining company reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.02). First Majestic Silver had a net margin of 19.51% and a return on equity of 11.45%. The firm had revenue of $476.67 million during the quarter, compared to analyst estimates of $522.00 million. During the same quarter last year, the firm earned $0.05 earnings per share. First Majestic Silver’s quarterly revenue was up 95.3% on a year-over-year basis.

First Majestic Silver Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Wednesday, May 20th will be issued a $0.0171 dividend. This is a positive change from First Majestic Silver’s previous quarterly dividend of $0.01. This represents a $0.07 annualized dividend and a yield of 0.3%. The ex-dividend date is Wednesday, May 20th. First Majestic Silver’s dividend payout ratio (DPR) is 8.57%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Lodestone Wealth Management LLC acquired a new stake in shares of First Majestic Silver during the 4th quarter worth approximately $25,000. EFG International AG bought a new position in First Majestic Silver in the fourth quarter valued at approximately $25,000. Bogart Wealth LLC bought a new position in First Majestic Silver in the third quarter valued at approximately $28,000. Harbor Investment Advisory LLC acquired a new stake in First Majestic Silver during the 1st quarter worth $32,000. Finally, PNC Financial Services Group Inc. raised its position in shares of First Majestic Silver by 184.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,508 shares of the mining company’s stock valued at $32,000 after acquiring an additional 978 shares during the last quarter. 27.16% of the stock is currently owned by institutional investors and hedge funds.

First Majestic Silver Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for First Majestic Silver (NYSE:AG)

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