First Majestic Silver Corp. (TSE:AG – Free Report) – Research analysts at Scotiabank boosted their FY2027 earnings per share estimates for shares of First Majestic Silver in a research report issued to clients and investors on Tuesday, October 13th. Scotiabank analyst E. Winmill now expects that the company will post earnings per share of $1.29 for the year, up from their prior estimate of $1.28. The consensus estimate for First Majestic Silver’s current full-year earnings is $0.46 per share.
Separately, ATB Cormark Capital Markets upgraded shares of First Majestic Silver from a “hold” rating to a “moderate buy” rating and raised their target price for the stock from C$36.00 to C$37.00 in a research note on Friday, July 10th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$36.00.
First Majestic Silver Price Performance
First Majestic Silver stock opened at C$21.70 on Thursday. The stock has a market capitalization of C$10.70 billion, a PE ratio of 31.00 and a beta of 2.86. First Majestic Silver has a 12 month low of C$14.42 and a 12 month high of C$43.69. The business has a 50 day simple moving average of C$26.84 and a 200-day simple moving average of C$26.49.
First Majestic Silver (TSE:AG – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported C$0.30 earnings per share for the quarter. The company had revenue of C$590.33 million for the quarter. First Majestic Silver had a return on equity of 12.27% and a net margin of 21.09%.
First Majestic Silver Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 31st were issued a $0.0152 dividend. This represents a $0.06 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Friday, August 14th. First Majestic Silver’s payout ratio is currently 5.06%.
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.
Read More
- Five stocks we like better than First Majestic Silver
- Swarm Economics: Can XTEND AI Robotics Deliver at Scale?
- Tesla Wants to Make Its Own Chips—What Could Go Wrong?
- IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver?
- PBF Energy’s Stunning Rally Faces a Critical Test
Receive News & Ratings for First Majestic Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Majestic Silver and related companies with MarketBeat.com's FREE daily email newsletter.
