FY2026 EPS Forecast for Agnico Eagle Mines Lifted by Analyst

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Investment analysts at Erste Group Bank lifted their FY2026 earnings per share (EPS) estimates for shares of Agnico Eagle Mines in a note issued to investors on Tuesday, March 24th. Erste Group Bank analyst H. Engel now expects that the company will post earnings of $19.58 per share for the year, up from their previous forecast of $17.85. 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.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last posted its earnings results on Friday, February 13th. The company reported C$3.71 EPS for the quarter. The firm had revenue of C$4.89 billion for the quarter. Agnico Eagle Mines had a net margin of 37.50% and a return on equity of 19.37%.

A number of other equities analysts also recently commented on AEM. Stifel Nicolaus upped their price objective on shares of Agnico Eagle Mines from C$300.00 to C$350.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. JPMorgan Chase & Co. set a C$337.00 price target on shares of Agnico Eagle Mines and gave the stock a “neutral” rating in a research note on Thursday, January 29th. Royal Bank Of Canada cut shares of Agnico Eagle Mines from a “moderate buy” rating to a “hold” rating in a report on Wednesday, December 10th. National Bank Financial raised their price objective on shares of Agnico Eagle Mines from C$300.00 to C$320.00 and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Finally, TD Securities lifted their price objective on Agnico Eagle Mines from C$241.00 to C$251.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$314.50.

Agnico Eagle Mines Trading Up 3.2%

Shares of AEM stock opened at C$268.22 on Friday. The company has a market capitalization of C$134.38 billion, a P/E ratio of 30.27, a price-to-earnings-growth ratio of 22.97 and a beta of 1.67. The company has a current ratio of 2.02, a quick ratio of 0.89 and a debt-to-equity ratio of 1.68. The business’s 50 day moving average is C$291.40 and its two-hundred day moving average is C$254.55. Agnico Eagle Mines has a twelve month low of C$135.40 and a twelve month high of C$348.94.

Insiders Place Their Bets

In other Agnico Eagle Mines news, insider Guy Gosselin sold 4,947 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of C$310.00, for a total transaction of C$1,533,570.00. Following the transaction, the insider directly owned 31,381 shares in the company, valued at approximately C$9,728,110. This represents a 13.62% decrease in their ownership of the stock. Insiders own 0.08% of the company’s stock.

Agnico Eagle Mines Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 16th were issued a dividend of $0.45 per share. This is an increase from Agnico Eagle Mines’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Monday, March 2nd. Agnico Eagle Mines’s 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.