Scotiabank Analysts Decrease Earnings Estimates for TSE:AG

First Majestic Silver Corp. (TSE:AG) – Research analysts at Scotiabank lowered their FY2026 EPS estimates for shares of First Majestic Silver in a report released on Tuesday, August 4th. Scotiabank analyst E. Winmill now anticipates that the company will post earnings of $0.97 per share for the year, down from their previous forecast of $1.05. 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 earnings results on Thursday, July 30th. The company reported C$0.30 EPS for the quarter. The business had revenue of C$590.33 million for the quarter. First Majestic Silver had a net margin of 21.09% and a return on equity of 12.27%.

Separately, ATB Cormark Capital Markets upgraded First Majestic Silver from a “hold” rating to a “moderate buy” rating and increased their price target for the company from C$36.00 to C$37.00 in a research report on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$30.40.

First Majestic Silver Stock Down 1.8%

Shares of First Majestic Silver stock opened at C$24.25 on Friday. First Majestic Silver has a 12-month low of C$11.43 and a 12-month high of C$43.69. The firm has a market capitalization of C$11.95 billion, a PE ratio of 34.64 and a beta of 2.75. The stock’s fifty day moving average is C$24.16 and its 200-day moving average is C$28.58.

First Majestic Silver Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 31st will be issued a $0.0152 dividend. The ex-dividend date is Friday, August 14th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.3%. First Majestic Silver’s dividend payout ratio is presently 5.06%.

First Majestic Silver Company Profile

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.