TSE:AEM FY2026 EPS Forecast Lowered by Erste Group Bank

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Research analysts at Erste Group Bank dropped their FY2026 earnings per share (EPS) estimates for Agnico Eagle Mines in a research report issued on Tuesday, September 8th. Erste Group Bank analyst H. Engel now forecasts that the company will earn $16.77 per share for the year, down from their previous forecast of $16.89. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share.

Several other brokerages also recently commented on AEM. Barclays cut their price target on shares of Agnico Eagle Mines from C$298.00 to C$266.00 in a report on Thursday, July 16th. Jefferies Financial Group raised shares of Agnico Eagle Mines from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. National Bank Financial lowered their price objective on Agnico Eagle Mines from C$350.00 to C$275.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 14th. Finally, Stifel Nicolaus dropped their price objective on Agnico Eagle Mines from C$350.00 to C$310.00 in a research note on Friday, July 17th. Two investment 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 company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$295.33.

Agnico Eagle Mines Stock Performance

Agnico Eagle Mines stock opened at C$272.11 on Friday. The firm’s 50 day simple moving average is C$242.16 and its 200 day simple moving average is C$258.18. The company has a current ratio of 2.86, a quick ratio of 0.89 and a debt-to-equity ratio of 1.12. The firm has a market capitalization of C$136.32 billion, a PE ratio of 23.30, a price-to-earnings-growth ratio of 22.97 and a beta of 2.02. Agnico Eagle Mines has a 1-year low of C$188.48 and a 1-year high of C$348.94.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last released its quarterly earnings data on Wednesday, July 29th. The company reported C$4.33 EPS for the quarter. The company had revenue of C$5.53 billion during the quarter. Agnico Eagle Mines had a net margin of 40.45% and a return on equity of 22.69%.

Agnico Eagle Mines Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 15th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, September 1st. Agnico Eagle Mines’s dividend payout ratio (DPR) is currently 14.55%.

Insiders Place Their Bets

In other Agnico Eagle Mines news, Director John Merfyn Roberts sold 1,500 shares of Agnico Eagle Mines stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of C$273.35, for a total transaction of C$410,025.00. Following the completion of the sale, the director directly owned 16,182 shares in the company, valued at C$4,423,349.70. The trade was a 8.48% decrease in their ownership of the stock. 0.08% of the stock is owned by corporate insiders.

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.