What is Scotiabank’s Estimate for TSE:AG FY2027 Earnings?

First Majestic Silver Corp. (TSE:AG) – Equities researchers at Scotiabank lifted their FY2027 earnings per share (EPS) estimates for shares of First Majestic Silver in a research note issued on Wednesday, July 15th. Scotiabank analyst E. Winmill now anticipates that the company will post earnings per share of $1.26 for the year, up from their previous forecast of $1.16. Scotiabank currently has a “Hold” rating on the stock. The consensus estimate for First Majestic Silver’s current full-year earnings is $0.46 per share.

First Majestic Silver (TSE:AG) last released its quarterly earnings data on Tuesday, May 12th. The company reported C$0.43 earnings per share (EPS) for the quarter. First Majestic Silver had a return on equity of 10.82% and a net margin of 19.45%.The firm had revenue of C$662.71 million during the quarter.

Several other research analysts have also weighed in on the stock. BMO Capital Markets upgraded shares of First Majestic Silver from a “hold” rating to an “outperform” rating and set a C$35.00 target price on the stock in a research report on Tuesday, March 24th. ATB Cormark Capital Markets raised shares of First Majestic Silver from a “hold” rating to a “moderate buy” rating and upped their price target for the company from C$36.00 to C$37.00 in a report on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$30.40.

First Majestic Silver Stock Down 5.8%

Shares of AG opened at C$22.29 on Friday. First Majestic Silver has a 52-week low of C$10.69 and a 52-week high of C$43.69. The company has a 50-day simple moving average of C$26.03 and a 200-day simple moving average of C$28.85. The company has a market capitalization of C$11.01 billion, a PE ratio of 37.78 and a beta of 2.79.

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.