TSE:AEM Stock Earnings Estimates Raised by Erste Group Bank

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Equities researchers at Erste Group Bank upped their FY2026 earnings per share estimates for shares of Agnico Eagle Mines in a research note issued on Wednesday, October 21st. Erste Group Bank analyst H. Engel now expects that the company will earn $16.53 per share for the year, up from their prior forecast of $13.95. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share. Erste Group Bank also issued estimates for Agnico Eagle Mines’ FY2027 earnings at $17.29 EPS.

A number of other equities analysts have also commented on AEM. TD lowered their price target on shares of Agnico Eagle Mines from C$244.00 to C$242.00 and set a “buy” rating on the stock in a research report on Tuesday, October 20th. Freedom Broker downgraded shares of Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 22nd. Barclays cut their price objective on shares of Agnico Eagle Mines from C$298.00 to C$266.00 in a report on Thursday, July 16th. Stifel Nicolaus decreased their target price on shares of Agnico Eagle Mines from C$350.00 to C$310.00 in a research report on Friday, July 17th. Finally, Jefferies Financial Group upgraded shares of Agnico Eagle Mines from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$292.71.

Agnico Eagle Mines Trading Up 1.3%

Shares of Agnico Eagle Mines stock opened at C$246.48 on Monday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.89 and a current ratio of 2.86. The firm has a 50-day moving average of C$272.54 and a 200-day moving average of C$263.17. Agnico Eagle Mines has a 52-week low of C$188.48 and a 52-week high of C$348.94. The stock has a market cap of C$123.48 billion, a PE ratio of 21.10, a PEG ratio of 22.97 and a beta of 2.00.

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

Insider Activity

In related news, Director John Merfyn Roberts sold 1,500 shares of the firm’s stock in a transaction 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 in the company, valued at approximately C$4,423,349.70. This trade represents a 8.48% decrease in their ownership of the stock. Company insiders own 0.08% of the company’s stock.

Agnico Eagle Mines Announces Dividend

The business also recently announced 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 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, September 1st. Agnico Eagle Mines’s dividend payout ratio is 14.55%.

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.