AG FY2025 EPS Lowered by National Bank Financial

First Majestic Silver Corp. (NYSE:AGFree Report) (TSE:FR) – Equities research analysts at National Bank Financial cut their FY2025 EPS estimates for First Majestic Silver in a note issued to investors on Wednesday, February 26th. National Bank Financial analyst D. Demarco now expects that the mining company will post earnings of $0.17 per share for the year, down from their prior estimate of $0.62. 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 FY2026 earnings at $0.40 EPS.

A number of other research firms have also recently commented on AG. HC Wainwright reissued a “buy” rating and set a $11.00 target price on shares of First Majestic Silver in a research report on Friday, February 21st. Scotiabank lowered their target price on shares of First Majestic Silver from $6.50 to $6.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 15th. Finally, StockNews.com upgraded shares of First Majestic Silver from a “sell” rating to a “hold” rating in a research report on Friday, February 21st.

View Our Latest Report on First Majestic Silver

First Majestic Silver Price Performance

AG opened at $5.39 on Monday. The company has a quick ratio of 2.12, a current ratio of 2.56 and a debt-to-equity ratio of 0.16. First Majestic Silver has a 52-week low of $4.43 and a 52-week high of $8.44. The company has a 50 day moving average of $5.65 and a two-hundred day moving average of $6.04. The company has a market cap of $1.68 billion, a P/E ratio of -15.39 and a beta of 1.24.

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

First Majestic Silver Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a $0.0057 dividend. This represents a $0.02 dividend on an annualized basis and a yield of 0.42%. This is an increase from First Majestic Silver’s previous quarterly dividend of $0.00. The ex-dividend date is Friday, February 28th. First Majestic Silver’s dividend payout ratio is presently -5.71%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Creative Planning acquired a new stake in shares of First Majestic Silver during the third quarter worth approximately $72,000. Blue Trust Inc. boosted its stake in First Majestic Silver by 77.3% during the third quarter. Blue Trust Inc. now owns 5,166 shares of the mining company’s stock worth $31,000 after buying an additional 2,253 shares in the last quarter. Raymond James & Associates boosted its stake in First Majestic Silver by 17.7% during the third quarter. Raymond James & Associates now owns 558,096 shares of the mining company’s stock worth $3,349,000 after buying an additional 83,867 shares in the last quarter. International Assets Investment Management LLC boosted its stake in shares of First Majestic Silver by 136.4% in the 3rd quarter. International Assets Investment Management LLC now owns 33,090 shares of the mining company’s stock valued at $1,990,000 after purchasing an additional 19,095 shares in the last quarter. Finally, Van ECK Associates Corp boosted its stake in shares of First Majestic Silver by 2.7% in the 3rd quarter. Van ECK Associates Corp now owns 28,912,989 shares of the mining company’s stock valued at $173,478,000 after purchasing an additional 764,790 shares in the last quarter. 27.16% of the stock is currently owned by institutional investors and hedge funds.

About First Majestic Silver

(Get Free Report)

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.

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