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

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Equities research analysts at Erste Group Bank lowered their FY2026 earnings estimates for shares of Agnico Eagle Mines in a report issued on Wednesday, July 15th. Erste Group Bank analyst H. Engel now anticipates that the mining company will post earnings per share of $12.86 for the year, down from their prior estimate of $13.76. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $12.29 per share.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last announced its earnings results on Thursday, April 30th. The mining company reported $3.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.19 by $0.21. Agnico Eagle Mines had a return on equity of 21.09% and a net margin of 39.46%.The company had revenue of $4 billion for the quarter, compared to analyst estimates of $3.96 billion. During the same quarter in the previous year, the company earned $1.53 earnings per share. The firm’s quarterly revenue was up 66.1% compared to the same quarter last year.

AEM has been the topic of several other research reports. Zacks Research lowered Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 30th. UBS Group dropped their target price on Agnico Eagle Mines from $210.00 to $170.00 and set a “neutral” rating for the company in a research report on Tuesday, June 30th. Scotia reduced their price target on shares of Agnico Eagle Mines from $280.00 to $278.00 and set a “sector outperform” rating on the stock in a research report on Friday, July 3rd. Weiss Ratings cut shares of Agnico Eagle Mines from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 2nd. Finally, ATB Cormark Capital Markets raised shares of Agnico Eagle Mines from a “hold” rating to an “outperform” rating in a research note on Monday, May 4th. Twelve investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $233.62.

Agnico Eagle Mines Trading Down 0.5%

AEM opened at $136.25 on Monday. Agnico Eagle Mines has a 52 week low of $119.84 and a 52 week high of $255.24. The company has a quick ratio of 2.18, a current ratio of 3.15 and a debt-to-equity ratio of 0.01. The business has a fifty day simple moving average of $164.20 and a 200-day simple moving average of $191.31. The firm has a market cap of $69.15 billion, a P/E ratio of 12.81, a P/E/G ratio of 1.82 and a beta of 0.60.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Annex Advisory Services LLC boosted its stake in shares of Agnico Eagle Mines by 70.5% in the 2nd quarter. Annex Advisory Services LLC now owns 29,007 shares of the mining company’s stock valued at $4,500,000 after buying an additional 11,995 shares during the period. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. increased its stake in shares of Agnico Eagle Mines by 3.0% during the second quarter. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. now owns 30,626 shares of the mining company’s stock worth $4,742,000 after buying an additional 900 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in Agnico Eagle Mines by 20.7% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,987 shares of the mining company’s stock valued at $774,000 after acquiring an additional 855 shares in the last quarter. Steadtrust LLC raised its holdings in Agnico Eagle Mines by 0.5% in the second quarter. Steadtrust LLC now owns 73,769 shares of the mining company’s stock valued at $11,444,000 after acquiring an additional 390 shares in the last quarter. Finally, Allied Private Wealth LLC purchased a new position in Agnico Eagle Mines in the second quarter worth approximately $36,000. 68.34% of the stock is currently owned by hedge funds and other institutional investors.

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.