FY2026 EPS Estimates for TSE:AEM Increased 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 report issued on Tuesday, March 24th. Erste Group Bank analyst H. Engel now anticipates 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 released its earnings results on Friday, February 13th. The company reported C$3.71 EPS for the quarter. The company had revenue of C$4.89 billion for the quarter. Agnico Eagle Mines had a return on equity of 19.37% and a net margin of 37.50%.

AEM has been the subject of several other research reports. Royal Bank Of Canada lowered shares of Agnico Eagle Mines from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, December 10th. National Bank Financial lifted 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 report on Wednesday, February 4th. Stifel Nicolaus boosted their price objective on shares of 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 raised their target price on shares of Agnico Eagle Mines from C$241.00 to C$251.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. Finally, JPMorgan Chase & Co. set a C$337.00 target price on Agnico Eagle Mines and gave the company a “neutral” rating in a research note on Thursday, January 29th. Two investment 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. According to MarketBeat, Agnico Eagle Mines presently has a consensus rating of “Moderate Buy” and a consensus price target of C$314.50.

Agnico Eagle Mines Stock Performance

Shares of AEM opened at C$260.02 on Friday. The stock has a market capitalization of C$130.27 billion, a PE ratio of 29.35, a price-to-earnings-growth ratio of 22.97 and a beta of 1.67. The business’s fifty day moving average price is C$291.53 and its 200 day moving average price is C$254.16. 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 12-month low of C$135.40 and a 12-month high of C$348.94.

Agnico Eagle Mines Increases Dividend

The company 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. The ex-dividend date was Monday, March 2nd. This is an increase from Agnico Eagle Mines’s previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a dividend yield of 0.7%. Agnico Eagle Mines’s dividend payout ratio (DPR) is 18.06%.

Insider Activity at Agnico Eagle Mines

In other news, insider Guy Gosselin sold 4,947 shares of Agnico Eagle Mines 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 sale, the insider owned 31,381 shares of the company’s stock, valued at approximately C$9,728,110. The trade was a 13.62% decrease in their ownership of the stock. 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.