FY2025 EPS Forecast for Agnico Eagle Mines Raised by Analyst

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Stock analysts at National Bank Financial increased their FY2025 earnings per share estimates for shares of Agnico Eagle Mines in a research report issued to clients and investors on Tuesday, July 15th. National Bank Financial analyst S. Nagle now forecasts that the mining company will post earnings of $7.52 per share for the year, up from their prior estimate of $6.54. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $4.63 per share. National Bank Financial also issued estimates for Agnico Eagle Mines’ FY2026 earnings at $8.12 EPS.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last announced its quarterly earnings results on Thursday, April 24th. The mining company reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $0.14. Agnico Eagle Mines had a return on equity of 12.09% and a net margin of 26.48%. The company had revenue of $2.38 billion during the quarter, compared to analyst estimates of $2.27 billion. During the same quarter in the previous year, the firm posted $0.76 EPS. The firm’s quarterly revenue was up 34.9% on a year-over-year basis.

A number of other research analysts have also issued reports on the company. CIBC reiterated an “outperform” rating on shares of Agnico Eagle Mines in a research report on Tuesday. TD Securities upgraded Agnico Eagle Mines to a “strong-buy” rating in a report on Thursday. BMO Capital Markets began coverage on Agnico Eagle Mines in a report on Wednesday, April 16th. They issued an “outperform” rating and a $181.00 price objective for the company. Citigroup upped their price objective on Agnico Eagle Mines from $100.00 to $140.00 and gave the company a “buy” rating in a report on Monday, March 31st. Finally, Raymond James Financial upgraded Agnico Eagle Mines to a “moderate buy” rating and set a $130.00 price objective for the company in a report on Monday, June 30th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and five have given a strong buy rating to the company. According to MarketBeat.com, Agnico Eagle Mines currently has a consensus rating of “Buy” and an average price target of $136.90.

Agnico Eagle Mines Trading Down 0.8%

Shares of AEM stock opened at $117.72 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.20 and a current ratio of 2.37. Agnico Eagle Mines has a 1 year low of $69.72 and a 1 year high of $126.76. The stock has a fifty day moving average of $117.99 and a two-hundred day moving average of $106.95. The firm has a market capitalization of $59.19 billion, a PE ratio of 25.05, a price-to-earnings-growth ratio of 0.87 and a beta of 0.50.

Agnico Eagle Mines Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 2nd were given a dividend of $0.40 per share. This represents a dividend yield of 1.36%. The ex-dividend date was Friday, May 30th. Agnico Eagle Mines’s dividend payout ratio (DPR) is presently 34.04%.

Institutional Investors Weigh In On Agnico Eagle Mines

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Brighton Jones LLC raised its position in Agnico Eagle Mines by 11.5% during the fourth quarter. Brighton Jones LLC now owns 3,216 shares of the mining company’s stock valued at $252,000 after buying an additional 331 shares during the period. Proficio Capital Partners LLC acquired a new position in Agnico Eagle Mines during the fourth quarter valued at $814,000. Natixis Advisors LLC raised its position in Agnico Eagle Mines by 7.1% during the fourth quarter. Natixis Advisors LLC now owns 92,792 shares of the mining company’s stock valued at $7,257,000 after buying an additional 6,171 shares during the period. Corient Private Wealth LLC raised its position in Agnico Eagle Mines by 117.8% during the fourth quarter. Corient Private Wealth LLC now owns 23,623 shares of the mining company’s stock valued at $1,848,000 after buying an additional 12,777 shares during the period. Finally, Signaturefd LLC raised its position in Agnico Eagle Mines by 3.2% during the fourth quarter. Signaturefd LLC now owns 9,519 shares of the mining company’s stock valued at $744,000 after buying an additional 292 shares during the period. 68.34% of the stock is owned by institutional investors and hedge funds.

About Agnico Eagle Mines

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.