What is Scotiabank’s Forecast for TSE:AEM FY2026 Earnings?

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Equities research analysts at Scotiabank lowered their FY2026 earnings per share (EPS) estimates for Agnico Eagle Mines in a report released on Monday, November 2nd. Scotiabank analyst T. Jakusconek now expects that the company will post earnings per share of $15.85 for the year, down from their previous forecast of $15.91. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share. Scotiabank also issued estimates for Agnico Eagle Mines’ FY2027 earnings at $15.37 EPS.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last announced its quarterly earnings data on Wednesday, October 28th. The company reported C$3.72 EPS for the quarter. The firm had revenue of C$5.10 billion during the quarter. Agnico Eagle Mines had a return on equity of 22.64% and a net margin of 41.00%.

Several other brokerages have also recently commented on AEM. National Bank Financial lowered their price target on shares of Agnico Eagle Mines from C$310.00 to C$305.00 and set an “outperform” rating for the company in a research report on Friday, October 30th. Barclays dropped their price target on shares of Agnico Eagle Mines from C$298.00 to C$266.00 in a research note on Thursday, July 16th. Freedom Broker upgraded shares of Agnico Eagle Mines from a “hold” rating to a “strong-buy” rating in a report on Monday. TD reduced their price objective on shares of Agnico Eagle Mines from C$244.00 to C$242.00 and set a “buy” rating on the stock in a research note on Tuesday, October 20th. Finally, Stifel Nicolaus lowered their target price on shares of Agnico Eagle Mines from C$350.00 to C$310.00 in a report on Friday, July 17th. Three research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Agnico Eagle Mines currently has a consensus rating of “Buy” and a consensus target price of C$292.00.

Agnico Eagle Mines Stock Performance

Agnico Eagle Mines stock opened at C$256.31 on Thursday. The company has a current ratio of 2.75, a quick ratio of 0.89 and a debt-to-equity ratio of 1.11. Agnico Eagle Mines has a 1 year low of C$188.48 and a 1 year high of C$348.94. The company has a market cap of C$128.41 billion, a PE ratio of 20.89, a PEG ratio of 22.97 and a beta of 2.00. The company’s 50-day moving average is C$266.66 and its two-hundred day moving average is C$262.37.

Insiders Place Their Bets

In other Agnico Eagle Mines news, Director John Merfyn Roberts sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of C$273.35, for a total transaction of C$410,025.00. Following the transaction, the director owned 16,182 shares in the company, valued at approximately C$4,423,349.70. This trade represents a 8.48% decrease in their ownership of the stock. Insiders own 0.08% of the company’s stock.

Agnico Eagle Mines Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 15th were paid a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.80 annualized dividend and a yield of 0.7%. Agnico Eagle Mines’s dividend payout ratio is presently 14.26%.

Agnico Eagle Mines Company Profile

Canadian-based and led, Agnico Eagle is Canada’s largest mining company and the second largest gold producer in the world, operating mines in Canada, Australia, Finland and Mexico. The Company is advancing a pipeline of high-quality development projects in these regions to support sustainable growth over the next decade. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.