What is Erste Group Bank’s Forecast for AEM FY2026 Earnings?

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Investment analysts at Erste Group Bank increased their FY2026 earnings per share estimates for Agnico Eagle Mines in a research report issued to clients and investors on Wednesday, February 18th. Erste Group Bank analyst H. Engel now forecasts that the mining company will earn $13.05 per share for the year, up from their prior forecast of $12.69. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $4.63 per share. Erste Group Bank also issued estimates for Agnico Eagle Mines’ FY2027 earnings at $13.89 EPS.

Other equities research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. reduced their target price on shares of Agnico Eagle Mines from $248.00 to $235.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 18th. Citigroup upped their price target on shares of Agnico Eagle Mines from $198.00 to $256.00 and gave the company a “buy” rating in a report on Thursday, January 15th. Weiss Ratings downgraded shares of Agnico Eagle Mines from a “buy (a-)” rating to a “buy (b)” rating in a research note on Monday, January 12th. Royal Bank Of Canada lowered Agnico Eagle Mines from an “outperform” rating to a “sector perform” rating and raised their price target for the stock from $185.00 to $205.00 in a research note on Wednesday, December 10th. Finally, Jefferies Financial Group set a $189.00 price objective on Agnico Eagle Mines in a research report on Sunday, December 7th. Three analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $234.91.

Agnico Eagle Mines Stock Up 1.6%

Shares of AEM opened at $228.11 on Monday. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.01. The business has a fifty day moving average of $194.91 and a 200 day moving average of $171.34. The company has a market cap of $114.29 billion, a PE ratio of 25.69, a P/E/G ratio of 0.53 and a beta of 0.63. Agnico Eagle Mines has a 52-week low of $92.11 and a 52-week high of $229.09.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last announced its earnings results on Thursday, February 12th. The mining company reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.13. Agnico Eagle Mines had a return on equity of 18.09% and a net margin of 37.47%.The firm had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.40 billion. During the same quarter in the previous year, the business earned $1.26 EPS. The company’s quarterly revenue was up 60.3% on a year-over-year basis.

Agnico Eagle Mines Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, March 2nd. This is a positive change from Agnico Eagle Mines’s previous quarterly dividend of $0.40. Agnico Eagle Mines’s dividend payout ratio is currently 18.02%.

Institutional Trading of Agnico Eagle Mines

Several institutional investors and hedge funds have recently made changes to their positions in AEM. Norges Bank bought a new position in Agnico Eagle Mines during the 4th quarter worth about $1,367,783,000. Capital World Investors lifted its position in shares of Agnico Eagle Mines by 20.0% in the 3rd quarter. Capital World Investors now owns 20,765,804 shares of the mining company’s stock worth $3,497,470,000 after purchasing an additional 3,462,968 shares during the period. Van ECK Associates Corp boosted its stake in shares of Agnico Eagle Mines by 21.6% during the fourth quarter. Van ECK Associates Corp now owns 17,225,477 shares of the mining company’s stock valued at $2,920,258,000 after purchasing an additional 3,062,705 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Agnico Eagle Mines by 38.8% during the second quarter. Arrowstreet Capital Limited Partnership now owns 8,296,796 shares of the mining company’s stock valued at $987,398,000 after purchasing an additional 2,319,131 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in Agnico Eagle Mines by 48.3% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 4,528,022 shares of the mining company’s stock valued at $538,506,000 after buying an additional 1,474,385 shares during the period. 68.34% of the stock is currently owned by institutional investors.

More Agnico Eagle Mines News

Here are the key news stories impacting Agnico Eagle Mines this week:

• Positive Sentiment: Agnico bought a significant stake in Maple Gold Mines and released an aggressive 2026 exploration and drilling plan aimed at resource growth and new discoveries — a move that adds near‑term optionality and long‑term reserve upside to AEM’s pipeline. Agnico Eagle Deepens Exploration Push With Maple Gold Stake And 2026 Plans
• Positive Sentiment: FY2025 results and capital allocation: AEM posted strong production, record free cash flow and raised its dividend while executing buybacks — supporting the bull case that the company can return cash while funding growth. Agnico Eagle: The More Things Change, The More They Stay The Same
• Neutral Sentiment: Coverage and peer comparisons are spotlighting AEM (Zacks and analyst writeups), bringing additional investor attention but not necessarily altering fundamentals immediately. This can increase trading volume and volatility. CGAU vs. AEM: Which Stock Should Value Investors Buy Now?
• Neutral Sentiment: Analysts and articles note a trade‑off: upbeat earnings and revenue beat versus rising unit costs — a mixed signal that tempers enthusiasm while keeping the stock supported by cash returns and growth plans. Can Agnico Eagle’s Profits Keep Shining Amid Rising Production Costs?
• Negative Sentiment: JPMorgan published a pessimistic forecast for AEM’s stock price, which can weigh on sentiment and short‑term momentum among institutional investors. JPMorgan Chase & Co. Issues Pessimistic Forecast for Agnico Eagle Mines (NYSE:AEM) Stock Price
• Negative Sentiment: Industry cost pressure: coverage of higher unit costs at peers (e.g., Barrick) highlights inflationary risks and potential margin pressure that could challenge AEM’s operating leverage if costs continue to rise. Will Barrick Mining’s Higher Costs Dent Its Profit Momentum Ahead?

About Agnico Eagle Mines

Agnico Eagle Mines Limited (NYSE: AEM) is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.

Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.