FY2026 EPS Forecast for Agnico Eagle Mines Lifted by Analyst

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Erste Group Bank increased their FY2026 earnings estimates for shares of Agnico Eagle Mines in a research report issued on Wednesday, February 18th. Erste Group Bank analyst H. Engel now expects that the company will earn $17.85 per share for the year, up from their prior forecast of $17.37. Erste Group Bank has a “Hold” rating on the stock. 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 $19.00 EPS.

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

Agnico Eagle Mines Stock Up 1.3%

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

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

Insider Buying and Selling

In other 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 approximately C$13,366,797.80. This represents a 26.70% decrease in their position. Also, insider James Porter sold 3,000 shares of the stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of C$247.42, for a total transaction of C$742,260.00. Following the sale, the insider owned 7,734 shares of the company’s stock, valued at approximately C$1,913,546.28. This trade represents a 27.95% decrease in their ownership of the stock. 0.08% of the stock is currently owned by insiders.

Agnico Eagle Mines Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 15th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, December 1st. This represents a $1.60 annualized dividend and a yield of 0.5%. Agnico Eagle Mines’s dividend payout ratio (DPR) is presently 18.06%.

Agnico Eagle Mines Company Profile

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.