What is Scotiabank’s Estimate for AEM FY2026 Earnings?

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Equities research analysts at Scotiabank cut their FY2026 EPS estimates for Agnico Eagle Mines in a research report issued to clients and investors on Thursday, February 19th. Scotiabank analyst T. Jakusconek now forecasts that the mining company will post earnings of $12.16 per share for the year, down from their prior estimate of $12.67. Scotiabank currently has a “Outperform” rating and a $280.00 target price on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $4.63 per share. Scotiabank also issued estimates for Agnico Eagle Mines’ FY2027 earnings at $12.09 EPS.

AEM has been the topic of a number of other research reports. Zacks Research downgraded Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. Canadian Imperial Bank of Commerce set a $296.00 price objective on Agnico Eagle Mines and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. Citigroup raised their price objective on Agnico Eagle Mines from $198.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, January 15th. Weiss Ratings cut Agnico Eagle Mines from a “buy (a-)” rating to a “buy (b)” rating in a research report on Monday, January 12th. Finally, Raymond James Financial reissued an “outperform” rating and set a $225.00 target price on shares of Agnico Eagle Mines in a research note on Wednesday, January 14th. Three investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $234.91.

Agnico Eagle Mines Stock Performance

Shares of NYSE:AEM opened at $228.11 on Monday. The company’s 50 day simple moving average is $194.91 and its 200 day simple moving average is $171.34. The stock has a market capitalization of $114.29 billion, a price-to-earnings ratio of 25.69, a price-to-earnings-growth ratio of 0.53 and a beta of 0.63. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.02 and a quick ratio of 1.33. Agnico Eagle Mines has a 1 year low of $92.11 and a 1 year high of $229.09.

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Brighton Jones LLC grew its position in shares of Agnico Eagle Mines by 11.5% in the 4th 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 last quarter. AQR Capital Management LLC lifted its stake in shares of Agnico Eagle Mines by 36.4% in the first quarter. AQR Capital Management LLC now owns 19,829 shares of the mining company’s stock worth $2,150,000 after acquiring an additional 5,293 shares during the period. Sivia Capital Partners LLC lifted its stake in shares of Agnico Eagle Mines by 57.2% in the second quarter. Sivia Capital Partners LLC now owns 3,188 shares of the mining company’s stock worth $379,000 after acquiring an additional 1,160 shares during the period. Stephens Inc. AR boosted its holdings in Agnico Eagle Mines by 14.9% in the second quarter. Stephens Inc. AR now owns 2,947 shares of the mining company’s stock valued at $350,000 after acquiring an additional 382 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC boosted its holdings in Agnico Eagle Mines by 17.3% in the second quarter. Focus Partners Advisor Solutions LLC now owns 2,615 shares of the mining company’s stock valued at $312,000 after acquiring an additional 385 shares during the last quarter. 68.34% of the stock is owned by institutional investors.

Agnico Eagle Mines Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be paid a $0.45 dividend. This is a positive change from Agnico Eagle Mines’s previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, March 2nd. Agnico Eagle Mines’s payout ratio is presently 18.02%.

Key Headlines Impacting Agnico Eagle Mines

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?

Agnico Eagle Mines Company Profile

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.