What is Scotiabank’s Estimate for AG FY2026 Earnings?

First Majestic Silver Corp. (NYSE:AG) (TSE:FR) – Analysts at Scotiabank issued their FY2026 earnings per share estimates for First Majestic Silver in a report issued on Wednesday, January 8th. Scotiabank analyst O. Habib forecasts that the mining company will earn $0.38 per share for the year. The consensus estimate for First Majestic Silver’s current full-year earnings is ($0.17) per share.

Separately, HC Wainwright reaffirmed a “buy” rating and issued a $8.50 price objective on shares of First Majestic Silver in a research report on Friday, October 18th.

First Majestic Silver Stock Down 0.7 %

AG stock opened at $5.89 on Friday. The company has a quick ratio of 2.45, a current ratio of 3.03 and a debt-to-equity ratio of 0.16. The business has a 50 day moving average price of $6.12 and a two-hundred day moving average price of $6.10. The company has a market cap of $1.78 billion, a price-to-earnings ratio of -21.81 and a beta of 1.25. First Majestic Silver has a twelve month low of $4.17 and a twelve month high of $8.44.

First Majestic Silver (NYSE:AG) (TSE:FR) last announced its quarterly earnings results on Thursday, November 7th. The mining company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.12). The business had revenue of $146.09 million during the quarter. First Majestic Silver had a negative return on equity of 4.19% and a negative net margin of 14.89%.

First Majestic Silver Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were issued a $0.0048 dividend. This represents a $0.02 dividend on an annualized basis and a yield of 0.33%. The ex-dividend date of this dividend was Friday, November 15th. This is a boost from First Majestic Silver’s previous quarterly dividend of $0.00. First Majestic Silver’s dividend payout ratio is presently -3.70%.

Institutional Investors Weigh In On First Majestic Silver

Institutional investors and hedge funds have recently made changes to their positions in the stock. Blue Trust Inc. boosted its holdings in First Majestic Silver by 77.3% in the third quarter. Blue Trust Inc. now owns 5,166 shares of the mining company’s stock worth $31,000 after acquiring an additional 2,253 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in First Majestic Silver in the third quarter worth $70,000. Dark Forest Capital Management LP purchased a new stake in First Majestic Silver in the second quarter worth $70,000. Creative Planning bought a new position in shares of First Majestic Silver in the third quarter worth $72,000. Finally, Corundum Trust Company INC bought a new position in shares of First Majestic Silver in the third quarter worth $72,000. Institutional investors and hedge funds own 27.16% of the company’s stock.

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.