Should I buy or sell First Majestic Silver stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Majestic Silver in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AG shares. View AG analyst ratings or view top-rated stocks .

What is First Majestic Silver's stock price target for 2024?

2 brokerages have issued twelve-month target prices for First Majestic Silver's stock. Their AG share price targets range from $6.75 to $23.00. On average, they anticipate the company's stock price to reach $14.88 in the next year. This suggests a possible upside of 119.1% from the stock's current price. View analysts price targets for AG or view top-rated stocks among Wall Street analysts .

How have AG shares performed in 2024?

First Majestic Silver's stock was trading at $6.15 on January 1st, 2024. Since then, AG stock has increased by 10.4% and is now trading at $6.79. View the best growth stocks for 2024 here .

When is First Majestic Silver's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our AG earnings forecast .

How were First Majestic Silver's earnings last quarter?

First Majestic Silver Corp. (NYSE:AG) posted its quarterly earnings results on Thursday, February, 22nd. The mining company reported ($0.03) EPS for the quarter, topping analysts' consensus estimates of ($0.04) by $0.01. The mining company earned $136.95 million during the quarter. First Majestic Silver had a negative net margin of 23.55% and a negative trailing twelve-month return on equity of 1.85%. During the same period in the previous year, the business earned ($0.07) EPS.

How often does First Majestic Silver pay dividends? What is the dividend yield for First Majestic Silver?

First Majestic Silver declared a quarterly dividend on Thursday, February 22nd. Investors of record on Thursday, March 14th will be paid a dividend of $0.0048 per share on Thursday, March 28th. This represents a $0.02 annualized dividend and a dividend yield of 0.28%. The ex-dividend date is Wednesday, March 13th. This is a positive change from the stock's previous quarterly dividend of $0.00. Read our dividend analysis for AG .

Is First Majestic Silver a good dividend stock?

First Majestic Silver (NYSE:AG) pays an annual dividend of $0.02 per share and currently has a dividend yield of 0.23%. Read our dividend analysis for AG .

What is Keith Neumeyer's approval rating as First Majestic Silver's CEO?

5 employees have rated First Majestic Silver Chief Executive Officer Keith Neumeyer on Glassdoor.com . Keith Neumeyer has an approval rating of 83% among the company's employees. 78.0% of employees surveyed would recommend working at First Majestic Silver to a friend.

What other stocks do shareholders of First Majestic Silver own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Majestic Silver investors own include First Majestic Silver (FR) , SSR Mining (SSRM) , Coeur Mining (CDE) , Yamana Gold (AUY) , Wheaton Precious Metals (WPM) , Endeavour Silver (EXK) , Barrick Gold (GOLD) , Hecla Mining (HL) .

Who are First Majestic Silver's major shareholders?

First Majestic Silver's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include IMC Chicago LLC (0.00%), International Assets Investment Management LLC (0.00%) and Banque Cantonale Vaudoise (0.00%). View institutional ownership trends .

How do I buy shares of First Majestic Silver?

Shares of AG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:AG

First Majestic Silver (AG) Stock Price, News & Analysis

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Free AG Stock Alerts

$6.79

-0.05 (-0.73%)

(As of 10:48 AM ET)

Compare

Today's Range: $6.74
▼
$7.09
50-Day Range: $4.22
▼
$8.08
52-Week Range: $4.17
▼
$8.44

Volume: 2.81 million shs
Average Volume: 8.76 million shs
Market Capitalization: $1.95 billion

P/E Ratio: N/A
Dividend Yield: 0.29%
Price Target: $14.88

Get First Majestic Silver alerts:

First Majestic Silver MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 119.1% Upside
$14.88 Price Target
Short Interest: Healthy
6.94% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.44
Based on 12 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.06) to $0.38 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.90 out of 5 stars

Basic Materials Sector

119th out of 170 stocks

Gold & Silver Ores Industry

18th out of 37 stocks

3.3

Analyst's Opinion

Consensus Rating
First Majestic Silver has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
First Majestic Silver has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
6.94% of the outstanding shares of First Majestic Silver have been sold short.
Short Interest Ratio / Days to Cover
First Majestic Silver has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in First Majestic Silver has recently decreased by 0.10%, indicating that investor sentiment is improving.

0.8

Dividend Strength

Dividend Yield
First Majestic Silver has a dividend yield of 0.23%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
First Majestic Silver has only been increasing its dividend for 1 years.
Dividend Sustainability
Based on earnings estimates, First Majestic Silver will have a dividend payout ratio of 5.26% next year. This indicates that First Majestic Silver will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AG.

3.0

News and Social Media Coverage

News Sentiment
First Majestic Silver has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for First Majestic Silver this week, compared to 2 articles on an average week.
Search Interest
29 people have searched for AG on MarketBeat in the last 30 days. This is an increase of 45% compared to the previous 30 days.
MarketBeat Follows
24 people have added First Majestic Silver to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Majestic Silver insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.85% of the stock of First Majestic Silver is held by insiders.
Percentage Held by Institutions
Only 27.16% of the stock of First Majestic Silver is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for First Majestic Silver are expected to grow in the coming year, from ($0.06) to $0.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Majestic Silver is -14.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Majestic Silver is -14.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
First Majestic Silver has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About First Majestic Silver Stock (NYSE:AG)

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. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.

AG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AG Stock News Headlines

April 10, 2024 | marketbeat.com

Silver Soars: Here's How to Gain Exposure

Silver's surge defies expectations, with prices up 17% year-to-date, reaching $28.09 per ounce, fueled by geopolitical tensions in Europe and the Middle East.

April 10, 2024 | marketbeat.com

Silver Soars: Here's How to Gain Exposure

Silver has surged impressively, defying expectations amidst a buoyant economic landscape and optimistic market sentiments. Its recent rally showcases an upward trajectory, with Silver Futures currently trading at $28.09 per ounce, marking an impressive 17% increase year-to-date from the starting point of $23.95.

April 18, 2024 | Birch Gold (Ad)

IRS Loophole Gives Americans An Escape From Inflation

April 16, 2024 | marketwatch.com

First Majestic Silver Shares Fall 8% Following Decline in 1Q Output

April 16, 2024 | msn.com

First Majestic Silver slides as Q1 production fell sharply

April 16, 2024 | juniorminingnetwork.com

First Majestic Silver Produces 5.2 Million AgEq Oz in Q1 2024

April 14, 2024 | americanbankingnews.com

First Majestic Silver (NYSE:AG) Shares Gap Up to $7.96

April 13, 2024 | finance.yahoo.com

AG Apr 2024 0.500 call

April 18, 2024 | Birch Gold (Ad)

IRS Loophole Gives Americans An Escape From Inflation

April 13, 2024 | americanbankingnews.com

Investors Buy Large Volume of Call Options on First Majestic Silver (NYSE:AG)

April 12, 2024 | americanbankingnews.com

First Majestic Silver (NYSE:AG) Shares Gap Down to $8.07

April 5, 2024 | msn.com

First Majestic Silver (NYSE:AG): A Lackluster Investment Option

April 5, 2024 | fool.com

Why Silver Stocks Popped This Week

April 3, 2024 | benzinga.com

Behind the Scenes of First Majestic Silver's Latest Options Trends

March 27, 2024 | ca.finance.yahoo.com

Stocks in play: First Majestic Silver Corp.

March 26, 2024 | msn.com

The 7 Best And 7 Worst Salsas You Can Buy At The Grocery Store

March 17, 2024 | nasdaq.com

Interesting AG Put And Call Options For May 17th

March 15, 2024 | finance.yahoo.com

AG Mar 2024 7.500 call

March 7, 2024 | ca.finance.yahoo.com

AG Mar 2024 2.000 call

March 4, 2024 | msn.com

Gold climbs to all-time high as market eyes possible June rate cut

February 25, 2024 | ca.finance.yahoo.com

AG Mar 2024 0.500 call

February 25, 2024 | seekingalpha.com

First Majestic Silver: Another Disappointing Year

February 23, 2024 | finance.yahoo.com

AG Mar 2024 6.500 put

February 22, 2024 | msn.com

First Majestic Silver Non-GAAP EPS of -$0.03 beats by $0.01, revenue of $136.9M misses by $2.8M

February 21, 2024 | msn.com

First Majestic Silver FY 2023 Earnings Preview

February 20, 2024 | investing.com

Silver Set to Outperform in 2024 as Gold Loses Luster

February 16, 2024 | finance.yahoo.com

AG Feb 2024 0.500 call

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Ex-Dividend for 3/28 Dividend: 3/13/2024
Dividend Payable: 3/28/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Gold & silver ores
Sub-Industry: N/A
Current Symbol: NYSE:AG
CUSIP: N/A
CIK: 1308648
Web: www.firstmajestic.com
Phone: (604) 688-3033
Fax: 604-639-8873
Employees: 3,746
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $14.88
High Stock Price Target: $23.00
Low Stock Price Target: $6.75
Potential Upside/Downside: +117.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.48)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-135,110,000.00
Net Margins: -23.55%
Pretax Margin: -34.14%
Return on Equity: -1.85%
Return on Assets: -1.26%

Debt

Debt-to-Equity Ratio: 0.18
Current Ratio: 2.57
Quick Ratio: 2.04

Sales & Book Value

Annual Sales: $573.80 million
Price / Sales: 3.43
Cash Flow: $0.33 per share
Price / Cash Flow: 20.68
Book Value: $4.73 per share
Price / Book: 1.45

Miscellaneous

Outstanding Shares: 287,150,000
Free Float: 284,706,000
Market Cap: $1.97 billion
Optionable: Optionable
Beta: 1.43

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Key Executives

Mr. Keith N. Neumeyer (Age 64)
Founder, President, CEO & Director
Comp: $1.59M
Mr. David Soares C.A.
CPA, M.B.A., Chief Financial Officer
Mr. Steven C. Holmes B.Sc.
M.B.A., Chief Operating Officer
Mr. Colin Bradford Bower
Vice President of Operations-Mexico
Mr. Gonzalo Ariel Mercado
Vice President of Exploration & Technical Services
Ms. Sophie E. Hsia BCL
L.L.B., L.L.M., General Counsel
Ms. Jill Anne Arias
Vice President of Corporate Communications & Marketing
Mr. Todd Anthony M.B.A.
Vice President of Corporate Development
Mr. David Smith
Vice President of Human Resources
Ms. Connie Lillico B.A.
Corporate Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

AG Stock Analysis - Frequently Asked Questions

Should I buy or sell First Majestic Silver stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Majestic Silver in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AG shares.
View AG analyst ratings or view top-rated stocks.
What is First Majestic Silver's stock price target for 2024?: 2 brokerages have issued twelve-month target prices for First Majestic Silver's stock. Their AG share price targets range from $6.75 to $23.00. On average, they anticipate the company's stock price to reach $14.88 in the next year. This suggests a possible upside of 119.1% from the stock's current price.
View analysts price targets for AG or view top-rated stocks among Wall Street analysts.
How have AG shares performed in 2024?: First Majestic Silver's stock was trading at $6.15 on January 1st, 2024. Since then, AG stock has increased by 10.4% and is now trading at $6.79.
View the best growth stocks for 2024 here.
When is First Majestic Silver's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our AG earnings forecast.
How were First Majestic Silver's earnings last quarter?: First Majestic Silver Corp. (NYSE:AG) posted its quarterly earnings results on Thursday, February, 22nd. The mining company reported ($0.03) EPS for the quarter, topping analysts' consensus estimates of ($0.04) by $0.01. The mining company earned $136.95 million during the quarter. First Majestic Silver had a negative net margin of 23.55% and a negative trailing twelve-month return on equity of 1.85%. During the same period in the previous year, the business earned ($0.07) EPS.
How often does First Majestic Silver pay dividends? What is the dividend yield for First Majestic Silver?: First Majestic Silver declared a quarterly dividend on Thursday, February 22nd. Investors of record on Thursday, March 14th will be paid a dividend of $0.0048 per share on Thursday, March 28th. This represents a $0.02 annualized dividend and a dividend yield of 0.28%. The ex-dividend date is Wednesday, March 13th. This is a positive change from the stock's previous quarterly dividend of $0.00.
Read our dividend analysis for AG.

Is First Majestic Silver a good dividend stock?: First Majestic Silver (NYSE:AG) pays an annual dividend of $0.02 per share and currently has a dividend yield of 0.23%.
Read our dividend analysis for AG.
What is Keith Neumeyer's approval rating as First Majestic Silver's CEO?: 5 employees have rated First Majestic Silver Chief Executive Officer Keith Neumeyer on Glassdoor.com. Keith Neumeyer has an approval rating of 83% among the company's employees. 78.0% of employees surveyed would recommend working at First Majestic Silver to a friend.
What other stocks do shareholders of First Majestic Silver own?: Based on aggregate information from My MarketBeat watchlists, some companies that other First Majestic Silver investors own include First Majestic Silver (FR), SSR Mining (SSRM), Coeur Mining (CDE), Yamana Gold (AUY), Wheaton Precious Metals (WPM), Endeavour Silver (EXK), Barrick Gold (GOLD), Hecla Mining (HL).
Who are First Majestic Silver's major shareholders?: First Majestic Silver's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include IMC Chicago LLC (0.00%), International Assets Investment Management LLC (0.00%) and Banque Cantonale Vaudoise (0.00%).
View institutional ownership trends.
How do I buy shares of First Majestic Silver?: Shares of AG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AG) was last updated on 4/18/2024 by MarketBeat.com Staff

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First Majestic Silver (AG) Stock Price, News & Analysis

First Majestic Silver MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About First Majestic Silver Stock (NYSE:AG)

AG Stock Price History

AG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

AG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™