TSE:AEM FY2027 EPS Estimate Boosted by Erste Group Bank

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Analysts at Erste Group Bank lifted their FY2027 EPS estimates for Agnico Eagle Mines in a note issued to investors on Thursday, June 25th. Erste Group Bank analyst H. Engel now anticipates that the company will earn $19.57 per share for the year, up from their prior estimate of $19.53. 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.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last issued its earnings results on Thursday, April 30th. The company reported C$4.73 EPS for the quarter. The company had revenue of C$5.70 billion for the quarter. Agnico Eagle Mines had a net margin of 39.48% and a return on equity of 22.08%.

A number of other research analysts have also recently commented on AEM. National Bank Financial set a C$350.00 price objective on Agnico Eagle Mines and gave the company an “outperform” rating in a report on Monday, May 25th. Barclays set a C$292.00 target price on Agnico Eagle Mines and gave the stock an “overweight” rating in a research note on Friday, May 22nd. JPMorgan Chase & Co. reduced their target price on Agnico Eagle Mines from C$321.00 to C$300.00 in a research report on Thursday, April 23rd. BMO Capital Markets upped their price target on Agnico Eagle Mines from C$350.00 to C$370.00 in a research note on Wednesday, April 22nd. Finally, ATB Cormark Capital Markets raised Agnico Eagle Mines from a “sector” rating to an “outperform” rating in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$318.83.

Agnico Eagle Mines Stock Performance

Agnico Eagle Mines stock opened at C$220.36 on Wednesday. The firm has a 50 day simple moving average of C$246.37 and a 200-day simple moving average of C$267.36. The stock has a market cap of C$110.40 billion, a price-to-earnings ratio of 20.75, a price-to-earnings-growth ratio of 22.97 and a beta of 1.75. The company has a debt-to-equity ratio of 1.21, a current ratio of 3.15 and a quick ratio of 0.89. Agnico Eagle Mines has a 1-year low of C$157.68 and a 1-year high of C$348.94.

Agnico Eagle Mines Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 15th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. Agnico Eagle Mines’s dividend payout ratio (DPR) is presently 15.54%.

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.