Scotiabank Has Positive Outlook for TSE:AEM FY2026 Earnings

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Scotiabank boosted their FY2026 EPS estimates for Agnico Eagle Mines in a report released on Tuesday, July 7th. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings per share of $16.79 for the year, up from their prior forecast of $16.56. 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 $16.28 EPS.

AEM has been the topic of several other research reports. Jefferies Financial Group raised Agnico Eagle Mines from a “hold” rating to a “strong-buy” rating in a research note on Monday. ATB Cormark Capital Markets upgraded Agnico Eagle Mines from a “sector” rating to an “outperform” rating in a research report on Monday, May 4th. National Bank Financial set a C$350.00 price objective on Agnico Eagle Mines and gave the stock an “outperform” rating in a report on Monday, May 25th. Barclays set a C$292.00 target price on shares of Agnico Eagle Mines and gave the company an “overweight” rating in a research report on Friday, May 22nd. Finally, BMO Capital Markets raised their target price on shares of Agnico Eagle Mines from C$350.00 to C$370.00 in a research note on Wednesday, April 22nd. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$318.83.

Agnico Eagle Mines Stock Down 3.7%

TSE AEM opened at C$205.34 on Thursday. The stock has a fifty day moving average of C$239.05 and a 200-day moving average of C$266.73. The stock has a market capitalization of C$102.87 billion, a P/E ratio of 19.34, a price-to-earnings-growth ratio of 22.97 and a beta of 1.84. Agnico Eagle Mines has a 52 week low of C$157.68 and a 52 week high of C$348.94. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.89 and a current ratio of 3.15.

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

Agnico Eagle Mines Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 15th were paid a $0.45 dividend. 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 0.9%. Agnico Eagle Mines’s dividend payout ratio 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.