Scotiabank Has Negative Estimate for TSE:AEM FY2026 Earnings

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Investment analysts at Scotiabank decreased their FY2026 earnings per share estimates for shares of Agnico Eagle Mines in a research note issued to investors on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now expects that the company will earn $15.91 per share for the year, down from their prior estimate of $16.79. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share. Scotiabank also issued estimates for Agnico Eagle Mines’ FY2027 earnings at $15.20 EPS.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last issued its quarterly earnings data on Thursday, April 30th. The company reported C$4.73 earnings per share for the quarter. Agnico Eagle Mines had a return on equity of 22.08% and a net margin of 39.48%.The business had revenue of C$5.70 billion for the quarter.

AEM has been the topic of several other reports. Stifel Nicolaus reduced their price target on Agnico Eagle Mines from C$350.00 to C$310.00 in a report on Friday, July 17th. Jefferies Financial Group upgraded shares of Agnico Eagle Mines from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. Barclays decreased their price target on shares of Agnico Eagle Mines from C$298.00 to C$266.00 in a research report on Thursday, July 16th. BMO Capital Markets raised their price target on shares of Agnico Eagle Mines from C$350.00 to C$370.00 in a research note on Wednesday, April 22nd. Finally, ATB Cormark Capital Markets upgraded shares of Agnico Eagle Mines from a “sector” rating to an “outperform” rating in a report on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$295.33.

Agnico Eagle Mines Price Performance

Agnico Eagle Mines stock opened at C$199.86 on Monday. The company has a current ratio of 3.15, a quick ratio of 0.89 and a debt-to-equity ratio of 1.21. The company has a market capitalization of C$99.94 billion, a PE ratio of 18.82, a P/E/G ratio of 22.97 and a beta of 1.84. Agnico Eagle Mines has a 12 month low of C$167.76 and a 12 month high of C$348.94. The stock has a 50-day moving average price of C$228.51 and a two-hundred day moving average price of C$264.04.

Agnico Eagle Mines Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 15th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Monday, June 1st. Agnico Eagle Mines’s dividend payout ratio (DPR) is 15.54%.

Agnico Eagle Mines Company Profile

Canadian-based and led, Agnico Eagle is Canada’s largest mining company and the second largest gold producer in the world, operating mines in Canada, Australia, Finland and Mexico. The Company is advancing a pipeline of high-quality development projects in these regions to support sustainable growth over the next decade. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.