National Bank Financial Forecasts AG Q1 Earnings

First Majestic Silver Corp. (NYSE:AG) (TSE:FR) – National Bank Financial issued their Q1 2025 EPS estimates for First Majestic Silver in a research note issued on Tuesday, April 22nd. National Bank Financial analyst D. Demarco forecasts that the mining company will post earnings per share of $0.04 for the quarter. The consensus estimate for First Majestic Silver’s current full-year earnings is $0.54 per share. National Bank Financial also issued estimates for First Majestic Silver’s FY2025 earnings at $0.28 EPS and FY2026 earnings at $0.52 EPS.

Other equities research analysts have also issued research reports about the stock. TD Securities upgraded shares of First Majestic Silver to a “hold” rating in a report on Monday, March 10th. StockNews.com upgraded First Majestic Silver from a “sell” rating to a “hold” rating in a report on Friday, February 21st. HC Wainwright reaffirmed a “buy” rating and issued a $11.00 price objective on shares of First Majestic Silver in a research report on Friday, February 21st. National Bankshares reiterated a “sector perform” rating on shares of First Majestic Silver in a research report on Wednesday, April 2nd. Finally, Scotiabank restated a “sector perform” rating and issued a $6.00 price target on shares of First Majestic Silver in a report on Wednesday, April 2nd. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $8.50.

First Majestic Silver Stock Performance

NYSE:AG opened at $6.19 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.12 and a current ratio of 2.56. The stock’s fifty day moving average is $6.20 and its 200 day moving average is $6.18. The firm has a market capitalization of $3.00 billion, a PE ratio of -17.69 and a beta of 0.97. First Majestic Silver has a fifty-two week low of $4.43 and a fifty-two week high of $8.09.

First Majestic Silver (NYSE:AG) (TSE:FR) last released its quarterly earnings results on Thursday, February 20th. The mining company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.02). First Majestic Silver had a negative return on equity of 3.07% and a negative net margin of 18.17%. The company had revenue of $172.34 million during the quarter, compared to analysts’ expectations of $227.77 million.

Hedge Funds Weigh In On First Majestic Silver

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Barclays PLC purchased a new position in First Majestic Silver during the 3rd quarter valued at about $2,419,000. Geode Capital Management LLC increased its holdings in shares of First Majestic Silver by 9.8% in the 3rd quarter. Geode Capital Management LLC now owns 136,901 shares of the mining company’s stock valued at $825,000 after acquiring an additional 12,171 shares during the period. Virtu Financial LLC raised its position in shares of First Majestic Silver by 95.9% in the 3rd quarter. Virtu Financial LLC now owns 136,356 shares of the mining company’s stock worth $818,000 after acquiring an additional 66,750 shares in the last quarter. Tidal Investments LLC lifted its stake in shares of First Majestic Silver by 1.8% during the 3rd quarter. Tidal Investments LLC now owns 5,780,689 shares of the mining company’s stock worth $34,684,000 after purchasing an additional 99,640 shares during the last quarter. Finally, Synovus Financial Corp purchased a new position in First Majestic Silver in the third quarter valued at about $452,000. Institutional investors own 27.16% of the company’s stock.

First Majestic Silver Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a dividend of $0.0057 per share. The ex-dividend date of this dividend was Friday, February 28th. This is a positive change from First Majestic Silver’s previous quarterly dividend of $0.00. This represents a $0.02 dividend on an annualized basis and a yield of 0.37%. First Majestic Silver’s payout ratio is -5.71%.

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.