What is Scotiabank’s Estimate for TSE:AEM FY2026 Earnings?

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Investment analysts at Scotiabank cut their FY2026 earnings per share estimates for shares of Agnico Eagle Mines in a research note issued on Thursday, February 19th. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings of $16.63 per share for the year, down from their prior estimate of $17.13. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share. Scotiabank also issued estimates for Agnico Eagle Mines’ FY2027 earnings at $16.54 EPS.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last announced its quarterly earnings results on Friday, February 13th. The company reported C$3.71 earnings per share for the quarter. Agnico Eagle Mines had a net margin of 12.86% and a return on equity of 5.05%. The firm had revenue of C$4.89 billion for the quarter.

A number of other analysts have also recently weighed in on the stock. National Bank Financial upped their price target on shares of Agnico Eagle Mines from C$300.00 to C$320.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. JPMorgan Chase & Co. set a C$337.00 target price on Agnico Eagle Mines and gave the stock a “neutral” rating in a research report on Thursday, January 29th. Royal Bank Of Canada lowered Agnico Eagle Mines from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, December 10th. TD Securities boosted their price target on Agnico Eagle Mines from C$241.00 to C$251.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Finally, Stifel Nicolaus upped their price target on Agnico Eagle Mines from C$300.00 to C$350.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$272.60.

Agnico Eagle Mines Price Performance

Agnico Eagle Mines stock opened at C$311.56 on Monday. The firm has a fifty day moving average of C$267.66 and a 200-day moving average of C$237.20. Agnico Eagle Mines has a 52-week low of C$132.96 and a 52-week high of C$313.43. The company has a quick ratio of 0.89, a current ratio of 1.75 and a debt-to-equity ratio of 7.88. The firm has a market capitalization of C$155.88 billion, a P/E ratio of 35.16, a PEG ratio of 22.97 and a beta of 1.54.

Insider Activity at Agnico Eagle Mines

In related news, insider Ammar Al-Joundi sold 20,000 shares of the company’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of C$243.40, for a total value of C$4,868,000.00. Following the sale, the insider directly owned 54,917 shares of the company’s stock, valued at C$13,366,797.80. This represents a 26.70% decrease in their ownership of the stock. Also, insider James Porter sold 3,000 shares of the stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of C$247.42, for a total transaction of C$742,260.00. Following the transaction, the insider owned 7,734 shares in the company, valued at C$1,913,546.28. This trade represents a 27.95% decrease in their ownership of the stock. Corporate insiders own 0.08% of the company’s stock.

Agnico Eagle Mines Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 15th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, December 1st. Agnico Eagle Mines’s dividend payout ratio is presently 18.06%.

About Agnico Eagle Mines

Agnico Eagle Mines is a gold miner operating mines in Canada, Mexico, and Finland. It also owns 50% of the Canadian Malartic mine. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines on line in rapid succession in the following years. The company produced more than 1.7 million gold ounces in 2020. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions.