Q1 Earnings Forecast for TSE:AEM Issued By Zacks Research

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Stock analysts at Zacks Research decreased their Q1 2028 earnings estimates for shares of Agnico Eagle Mines in a research report issued to clients and investors on Wednesday, August 12th. Zacks Research analyst Team now forecasts that the company will earn $4.14 per share for the quarter, down from their previous estimate of $4.38. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share. Zacks Research also issued estimates for Agnico Eagle Mines’ Q2 2028 earnings at $4.20 EPS.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last released its earnings results on Wednesday, July 29th. The company reported C$4.33 earnings per share for the quarter. Agnico Eagle Mines had a net margin of 40.45% and a return on equity of 22.69%. The business had revenue of C$5.53 billion for the quarter.

AEM has been the subject of several other research reports. Jefferies Financial Group raised Agnico Eagle Mines from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. Barclays dropped their target price on Agnico Eagle Mines from C$298.00 to C$266.00 in a report on Thursday, July 16th. JPMorgan Chase & Co. cut their target price on Agnico Eagle Mines from C$321.00 to C$300.00 in a research note on Thursday, April 23rd. National Bank Financial cut their target price on Agnico Eagle Mines from C$350.00 to C$275.00 and set an “outperform” rating for the company in a research note on Tuesday, July 14th. Finally, Stifel Nicolaus reduced their price target on Agnico Eagle Mines from C$350.00 to C$310.00 in a report on Friday, July 17th. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$295.33.

Agnico Eagle Mines Trading Up 1.8%

Shares of Agnico Eagle Mines stock opened at C$257.82 on Thursday. The company has a debt-to-equity ratio of 1.12, a current ratio of 2.86 and a quick ratio of 0.89. The stock’s 50 day simple moving average is C$219.75 and its 200-day simple moving average is C$258.97. The stock has a market cap of C$130.55 billion, a P/E ratio of 22.07, a P/E/G ratio of 22.97 and a beta of 1.83. Agnico Eagle Mines has a 1-year low of C$180.26 and a 1-year high of C$348.94.

Insider Activity at Agnico Eagle Mines

In related news, Director John Merfyn Roberts sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of C$244.66, for a total value of C$244,660.00. Following the transaction, the director directly owned 17,682 shares in the company, valued at approximately C$4,326,078.12. This represents a 5.35% decrease in their ownership of the stock. Insiders own 0.08% of the company’s stock.

Agnico Eagle Mines Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 15th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, June 1st. Agnico Eagle Mines’s payout ratio is presently 14.55%.

About Agnico Eagle Mines

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.