FIRST MAJESTIC SILVER CORP (FR.CA) Forecast, Price Target & Analyst Ratings

TSX:FRCA32076V1031

Current stock price

8.81 CAD
-0.2 (-2.22%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for FIRST MAJESTIC SILVER CORP (FR.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$10.28
+ 16.70% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Aug 1, 2024
Period
Q2 / 2024
EPS Estimate
-$0.02
Revenue Estimate
126.69M

ChartMill Buy Consensus

Rating
46.67%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$10.28
Upside
+ 16.70%
From current price of CA$8.81 to mean target of CA$10.28, Based on 12 analyst forecasts
Low
CA$8.99
Median
CA$10.20
High
CA$12.08

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for FR.CA. The average price target is 10.28 CAD. This implies a price increase of 16.7% is expected in the next year compared to the current price of 8.81.

Analyst Ratings & History

Current Analyst Ratings

FR Current Analyst RatingFR Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

FR Historical Analyst RatingsFR Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
46.67%
FR.CA was analyzed by 12 analysts. The buy percentage consensus is at 47. So analysts seem to be rather neutral about FR.CA.
In the previous month the buy percentage consensus was at a similar level.
FR.CA was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-12-15STA ResearchMaintains Buy
2022-12-14BMO FinancialUpgrade
2022-12-09Scotiabank CapitalMaintains Sector Perform
2022-11-29HC WainwrightDowngrade Outperform
2022-11-10BMO FinancialDowngrade Market Perform
2022-11-10TD ResearchUpgrade Hold
2022-11-10Scotiabank CapitalMaintains Sector Perform
2022-11-10STA ResearchUpgrade Buy
2022-11-10HC WainwrightReiterate Buy
2022-11-02Scotiabank CapitalDowngrade Sector Perform
2022-10-19Scotiabank CapitalMaintains Sector Perform
2022-10-19STA ResearchMaintains Buy
2022-10-13National Bank of Canada FinancialDowngrade
2022-08-24Scotiabank CapitalMaintains Sector Perform
2022-08-05BMO FinancialUpgrade Market Perform
2022-08-05Scotiabank CapitalMaintains Sector Perform
2022-08-05Cormark SecuritiesUpgrade
2022-07-21National Bank of Canada FinancialDowngrade Sector Perform
2022-07-21Scotiabank CapitalDowngrade Sector Perform
2022-07-21STA ResearchMaintains Buy
2022-05-26Scotiabank CapitalMaintains Sector Perform
2022-05-26STA ResearchMaintains Buy
2022-05-13BMO FinancialDowngrade Hold
2022-05-13TD ResearchDowngrade Hold
2022-05-13Scotiabank CapitalMaintains Sector Perform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Aug 1, 2024
Period
Q2 / 2024
EPS Estimate
-$0.02
Revenue Estimate
126.69M
Revenue Q2Q
-13.64%
EPS Q2Q
22.75%
Number of Analysts
7

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%

Next Earnings Summary

FR.CA is expected to report earnings on 8/1/2024. The consensus EPS estimate for the next earnings is -0.02 CAD and the consensus revenue estimate is 126.69M CAD.
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.

Full Analyst Estimates 2024 - 2028

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024 2025 2026 2027 2028
Revenue
YoY % growth
FR.CA revenue by date.FR.CA revenue by date.
584.117M
60.52%
624.221M
6.87%
573.801M
-8.08%
507.9M
-11.48%
611.13M
20.32%
649M
6.20%
N/AN/A
EBITDA
YoY % growth
FR.CA ebitda by date.FR.CA ebitda by date.
168.293M
44.09%
91.903M
-45.39%
91.276M
-0.68%
91.478M
0.22%
228.07M
149.32%
315.84M
38.48%
318.37M
0.80%
199.45M
-37.35%
EBIT
YoY % growth
FR.CA ebit by date.FR.CA ebit by date.
50.01M
-17.34%
-45.508M
-191.00%
-34.894M
23.32%
198.79M
669.70%
107.12M
-46.11%
N/AN/AN/A
Operating Margin
FR.CA operating margin by date.FR.CA operating margin by date.
8.56%-7.29%-6.08%39.14%17.53%N/AN/AN/A
EPS
YoY % growth
FR.CA eps by date.FR.CA eps by date.
0.03
-82.35%
-0.20
-766.67%
-0.09
55.00%
-0.06
34.19%
0.17
392.17%
0.24
39.88%
0.34
40.55%
0.15
-54.47%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25 Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth
-0.02
22.75%
0.00
106.44%
-0.01
77.10%
0.05
203.00%
0.05
400.00%
0.05
1,700.00%
0.04
699.70%
0.00
-100.00%
0.02
-55.56%
0.02
-55.56%
0.02
-50.00%
Revenue
Q2Q % growth
126.69M
-13.64%
131.84M
-1.02%
127.72M
-6.74%
N/AN/AN/AN/AN/AN/AN/AN/A
EBITDA
Q2Q % growth
-41.2K
-100.07%

-100.00%
N/AN/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

FR.CA Yearly Revenue VS EstimatesFR.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M
FR.CA Yearly EPS VS EstimatesFR.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.1 -0.1 0.2 -0.2 0.3

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
67.38%
EPS Next 5 Year
30.06%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
2.43%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
1.30%
EBIT Next 5 Year
-8.07%

FIRST MAJESTIC SILVER CORP / FR.CA Forecast FAQ

What do analysts expect the price target to be for FIRST MAJESTIC SILVER CORP (FR.CA)?

12 analysts have analysed FR.CA and the average price target is 10.28 CAD. This implies a price increase of 16.7% is expected in the next year compared to the current price of 8.81.

What is the next earnings date for FR stock?

FIRST MAJESTIC SILVER CORP (FR.CA) will report earnings on 2024-08-01, after the market close.

What are the consensus estimates for FR stock next earnings?

The consensus EPS estimate for the next earnings of FIRST MAJESTIC SILVER CORP (FR.CA) is -0.02 CAD and the consensus revenue estimate is 126.69M CAD.

How many analysts cover FIRST MAJESTIC SILVER CORP (FR.CA) stock?

The number of analysts covering FIRST MAJESTIC SILVER CORP (FR.CA) is 12.