Zacks Research Has Pessimistic View of TSE:AEM Q2 Earnings

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Analysts at Zacks Research dropped their Q2 2026 earnings per share estimates for shares of Agnico Eagle Mines in a research note issued to investors on Wednesday, May 13th. Zacks Research analyst Team now expects that the company will post earnings per share of $4.28 for the quarter, down from their prior forecast of $4.34. 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’ Q4 2026 earnings at $4.30 EPS, FY2026 earnings at $17.53 EPS, Q1 2027 earnings at $4.32 EPS, Q2 2027 earnings at $4.48 EPS, Q3 2027 earnings at $4.34 EPS and Q1 2028 earnings at $4.38 EPS.

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

Several other equities research analysts also recently issued reports on AEM. Stifel Nicolaus increased their price objective on Agnico Eagle Mines from C$300.00 to C$350.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. National Bank Financial increased their price objective on Agnico Eagle Mines from C$345.00 to C$350.00 and gave the stock a “sector outperform” rating in a research note on Monday, May 4th. ATB Cormark Capital Markets raised Agnico Eagle Mines from a “sector” rating to an “outperform” rating in a research note on Monday, May 4th. Erste Group Bank downgraded Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Finally, JPMorgan Chase & Co. cut their price target on Agnico Eagle Mines from C$321.00 to C$300.00 in a research note on Thursday, April 23rd. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$324.20.

Agnico Eagle Mines Stock Down 1.6%

Shares of Agnico Eagle Mines stock opened at C$264.27 on Friday. The stock has a 50-day moving average price of C$279.75 and a 200 day moving average price of C$266.29. The company has a market cap of C$132.40 billion, a P/E ratio of 24.88, a P/E/G ratio of 22.97 and a beta of 1.87. The company has a current ratio of 3.15, a quick ratio of 0.89 and a debt-to-equity ratio of 1.21. Agnico Eagle Mines has a 1 year low of C$145.03 and a 1 year high of C$348.94.

Insider Buying and Selling at Agnico Eagle Mines

In other news, insider Guy Gosselin sold 4,947 shares of the firm’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of C$310.00, for a total transaction of C$1,533,570.00. Following the completion of the sale, the insider directly owned 31,381 shares of the company’s stock, valued at C$9,728,110. This trade represents a 13.62% decrease in their position. 0.08% of the stock is owned by company insiders.

Agnico Eagle Mines Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 16th were paid a dividend of $0.45 per share. This is a boost from Agnico Eagle Mines’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.7%. Agnico Eagle Mines’s dividend payout ratio (DPR) is 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.