What is Erste Group Bank’s Forecast for AEM FY2026 Earnings?

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Research analysts at Erste Group Bank upped 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 anticipates that the mining company will post earnings of $13.05 per share for the year, up from their prior estimate of $12.69. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $4.63 per share. Erste Group Bank also issued estimates for Agnico Eagle Mines’ FY2027 earnings at $13.89 EPS.

A number of other equities analysts have also weighed in on the stock. Weiss Ratings lowered shares of Agnico Eagle Mines from a “buy (a-)” rating to a “buy (b)” rating in a research report on Monday, January 12th. JPMorgan Chase & Co. cut their price objective on shares of Agnico Eagle Mines from $248.00 to $235.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. UBS Group reissued a “neutral” rating and set a $240.00 price objective on shares of Agnico Eagle Mines in a research note on Friday, January 30th. Zacks Research cut Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. Finally, Royal Bank Of Canada cut shares of Agnico Eagle Mines from an “outperform” rating to a “sector perform” rating and boosted their price target for the company from $185.00 to $205.00 in a research report on Wednesday, December 10th. Three research 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 MarketBeat, Agnico Eagle Mines presently has a consensus rating of “Moderate Buy” and a consensus price target of $234.91.

Agnico Eagle Mines Stock Up 5.3%

AEM opened at $240.28 on Monday. Agnico Eagle Mines has a fifty-two week low of $92.11 and a fifty-two week high of $240.82. The firm has a market capitalization of $120.39 billion, a P/E ratio of 27.06, a PEG ratio of 0.53 and a beta of 0.63. The company’s 50-day moving average is $196.35 and its 200 day moving average is $172.07. 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 (NYSE:AEM) (TSE:AEM) last issued its earnings results on Thursday, February 12th. The mining company reported $2.69 EPS for the quarter, beating analysts’ consensus estimates of $2.56 by $0.13. Agnico Eagle Mines had a return on equity of 18.09% and a net margin of 37.47%.The business had revenue of $3.53 billion during the quarter, compared to analyst estimates of $3.40 billion. During the same period in the previous year, the company posted $1.26 EPS. The firm’s revenue was up 60.3% compared to the same quarter last year.

Institutional Trading of Agnico Eagle Mines

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. grew its holdings in Agnico Eagle Mines by 13.4% in the third quarter. TD Waterhouse Canada Inc. now owns 1,133,384 shares of the mining company’s stock valued at $192,951,000 after purchasing an additional 134,147 shares during the period. Ninety One UK Ltd grew its position in shares of Agnico Eagle Mines by 386.5% in the third quarter. Ninety One UK Ltd now owns 188,189 shares of the mining company’s stock valued at $31,703,000 after purchasing an additional 149,506 shares in the last quarter. Campbell & CO Investment Adviser LLC grew its holdings in Agnico Eagle Mines by 1,560.8% in the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 48,677 shares of the mining company’s stock valued at $8,205,000 after buying an additional 45,746 shares in the last quarter. AustralianSuper Pty Ltd acquired a new stake in Agnico Eagle Mines during the third quarter worth about $23,958,000. Finally, Addenda Capital Inc. raised its position in shares of Agnico Eagle Mines by 2.3% during the 3rd quarter. Addenda Capital Inc. now owns 724,231 shares of the mining company’s stock valued at $122,076,000 after buying an additional 15,965 shares during the period. 68.34% of the stock is owned by hedge funds and other institutional investors.

Agnico Eagle Mines Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 0.7%. This is an increase from Agnico Eagle Mines’s previous quarterly dividend of $0.40. The ex-dividend date is Monday, March 2nd. Agnico Eagle Mines’s dividend payout ratio (DPR) is 18.02%.

About Agnico Eagle Mines

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.