FY2026 EPS Estimates for TSE:AEM Boosted by Analyst

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Analysts at Erste Group Bank boosted their FY2026 earnings per share (EPS) estimates for Agnico Eagle Mines in a research note issued on Thursday, April 2nd. Erste Group Bank analyst H. Engel now forecasts that the company will post earnings of $19.76 per share for the year, up from their prior forecast of $19.58. Erste Group Bank currently 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 $19.80 EPS.

Several other brokerages have also issued reports on AEM. Stifel Nicolaus boosted their price target on shares of Agnico Eagle Mines from C$300.00 to C$350.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Royal Bank Of Canada lowered shares of Agnico Eagle Mines from a “moderate buy” rating to a “hold” rating in a report on Wednesday, December 10th. JPMorgan Chase & Co. set a C$337.00 price target on shares of Agnico Eagle Mines and gave the company a “neutral” rating in a report on Thursday, January 29th. TD Securities boosted their price target on shares of 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. Finally, National Bank Financial raised their price target on 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. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Agnico Eagle Mines currently has an average rating of “Moderate Buy” and a consensus target price of C$314.50.

Agnico Eagle Mines Stock Performance

Shares of TSE:AEM opened at C$297.72 on Wednesday. The company has a market capitalization of C$149.15 billion, a price-to-earnings ratio of 33.60, a P/E/G ratio of 22.97 and a beta of 1.87. The firm’s 50 day simple moving average is C$290.70 and its 200 day simple moving average is C$259.01. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.02 and a quick ratio of 0.89. Agnico Eagle Mines has a fifty-two week low of C$144.21 and a fifty-two week high of C$348.94.

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. The business 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%.

Agnico Eagle Mines Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 16th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 0.6%. The ex-dividend date was Monday, March 2nd. This is an increase from Agnico Eagle Mines’s previous quarterly dividend of $0.40. Agnico Eagle Mines’s dividend payout ratio (DPR) is presently 18.06%.

Insider Buying and Selling

In related news, insider Guy Gosselin sold 4,947 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of C$310.00, for a total transaction of C$1,533,570.00. Following the completion of the transaction, the insider directly owned 31,381 shares of the company’s stock, valued at approximately C$9,728,110. This represents a 13.62% decrease in their ownership of the stock. Company insiders own 0.08% of the company’s stock.

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.