FY2026 EPS Forecast for Agnico Eagle Mines Cut by Analyst

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Research analysts at Scotiabank cut their FY2026 earnings estimates for Agnico Eagle Mines in a research report issued to clients and investors on Tuesday, July 7th. Scotiabank analyst T. Jakusconek now anticipates that the mining company will post earnings of $11.81 per share for the year, down from their prior estimate of $12.16. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $13.22 per share.

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

A number of other equities analysts also recently commented on AEM. Scotia lowered their price objective on Agnico Eagle Mines from $280.00 to $278.00 and set a “sector outperform” rating for the company in a research report on Friday, July 3rd. Zacks Research downgraded shares of Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 30th. JPMorgan Chase & Co. lifted their price objective on shares of Agnico Eagle Mines from $220.00 to $222.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. UBS Group lowered their target price on shares of Agnico Eagle Mines from $210.00 to $170.00 and set a “neutral” rating for the company in a research note on Tuesday, June 30th. Finally, Wall Street Zen upgraded Agnico Eagle Mines from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Twelve equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $236.85.

Agnico Eagle Mines Trading Down 3.1%

NYSE:AEM opened at $150.21 on Wednesday. Agnico Eagle Mines has a 12-month low of $115.19 and a 12-month high of $255.24. The firm has a market cap of $76.24 billion, a PE ratio of 14.12, a price-to-earnings-growth ratio of 3.40 and a beta of 0.60. The company has a current ratio of 3.15, a quick ratio of 2.18 and a debt-to-equity ratio of 0.01. The stock has a fifty day moving average price of $172.67 and a 200 day moving average price of $193.51.

Hedge Funds Weigh In On Agnico Eagle Mines

Several large investors have recently bought and sold shares of AEM. Acumen Wealth Advisors LLC acquired a new stake in shares of Agnico Eagle Mines during the fourth quarter worth about $26,000. Lodestone Wealth Management LLC purchased a new position in Agnico Eagle Mines during the 4th quarter worth approximately $35,000. Jessup Wealth Management Inc acquired a new position in Agnico Eagle Mines during the fourth quarter worth approximately $35,000. Abound Wealth Management lifted its stake in Agnico Eagle Mines by 99.0% in the fourth quarter. Abound Wealth Management now owns 209 shares of the mining company’s stock valued at $35,000 after buying an additional 104 shares during the last quarter. Finally, Bangor Savings Bank acquired a new stake in shares of Agnico Eagle Mines in the fourth quarter valued at approximately $37,000. Institutional investors and hedge funds own 68.34% of the company’s stock.

Agnico Eagle Mines Company Profile

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.