FY2026 EPS Estimates for TSE:AEM Reduced by Erste Group Bank

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Research analysts at Erste Group Bank reduced their FY2026 earnings estimates for Agnico Eagle Mines in a research note issued to investors on Friday, September 18th. Erste Group Bank analyst H. Engel now forecasts that the company will earn $16.44 per share for the year, down from their previous forecast of $16.77. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share.

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

A number of other brokerages have also commented on AEM. Jefferies Financial Group upgraded Agnico Eagle Mines from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. Stifel Nicolaus decreased their price target on shares of Agnico Eagle Mines from C$350.00 to C$310.00 in a research note on Friday, July 17th. Barclays lowered their target price on Agnico Eagle Mines from C$298.00 to C$266.00 in a research report on Thursday, July 16th. Finally, National Bank Financial decreased their price target on Agnico Eagle Mines from C$350.00 to C$275.00 and set an “outperform” rating for the company in a research note on Tuesday, July 14th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Agnico Eagle Mines has a consensus rating of “Moderate Buy” and a consensus target price of C$295.33.

Agnico Eagle Mines Price Performance

Shares of TSE AEM opened at C$286.70 on Monday. The company has a fifty day moving average price of C$252.89 and a 200 day moving average price of C$255.14. The firm has a market cap of C$143.63 billion, a PE ratio of 24.55, a PEG ratio of 22.97 and a beta of 2.02. The company has a current ratio of 2.86, a quick ratio of 0.89 and a debt-to-equity ratio of 1.12. Agnico Eagle Mines has a 1-year low of C$188.48 and a 1-year high of C$348.94.

Agnico Eagle Mines Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Tuesday, September 1st. Agnico Eagle Mines’s payout ratio is currently 14.55%.

Insider Activity

In other news, Director John Merfyn Roberts sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of C$273.35, for a total value of C$410,025.00. Following the transaction, the director owned 16,182 shares of the company’s stock, valued at approximately C$4,423,349.70. This represents a 8.48% decrease in their ownership of the stock. 0.08% of the stock is currently 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.