
Agnico Eagle Mines Limited (TSE:AEM – Free Report) (NYSE:AEM) – Equities researchers at Erste Group Bank cut their FY2026 earnings estimates for Agnico Eagle Mines in a report released on Wednesday, August 5th. Erste Group Bank analyst H. Engel now expects that the company will post earnings per share of $17.06 for the year, down from their previous forecast of $17.26. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share.
Several other brokerages have also issued reports on AEM. 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. National Bank Financial dropped their price objective on shares of Agnico Eagle Mines from C$350.00 to C$275.00 and set an “outperform” rating on the stock in a report on Tuesday, July 14th. Jefferies Financial Group raised shares of Agnico Eagle Mines from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. Barclays lowered their price target on Agnico Eagle Mines from C$298.00 to C$266.00 in a research report on Thursday, July 16th. Finally, ATB Cormark Capital Markets raised shares of Agnico Eagle Mines from a “sector” rating to an “outperform” rating in a research note on Monday, May 4th. Two 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 stock. According to data from MarketBeat, Agnico Eagle Mines has a consensus rating of “Moderate Buy” and a consensus target price of C$295.33.
Agnico Eagle Mines Stock Down 2.4%
Agnico Eagle Mines stock opened at C$251.52 on Friday. 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 has a market capitalization of C$127.36 billion, a price-to-earnings ratio of 21.53, a PEG 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. The business has a fifty day moving average price of C$219.86 and a 200-day moving average price of C$258.67.
Agnico Eagle Mines (TSE:AEM – Get Free Report) (NYSE:AEM) last issued its quarterly earnings results on Wednesday, July 29th. The company reported C$4.33 earnings per share (EPS) for the quarter. Agnico Eagle Mines had a return on equity of 22.69% and a net margin of 40.45%.The business had revenue of C$5.53 billion for the quarter.
Agnico Eagle Mines Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 15th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, June 1st. Agnico Eagle Mines’s dividend payout ratio (DPR) is 14.55%.
Insider Transactions at Agnico Eagle Mines
In related news, Director John Merfyn Roberts sold 1,000 shares of the business’s stock in a transaction 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 sale, the director owned 17,682 shares in the company, valued at approximately C$4,326,078.12. The trade was a 5.35% decrease in their position. 0.08% of the stock is currently owned by insiders.
More Agnico Eagle Mines News
Here are the key news stories impacting Agnico Eagle Mines this week:
- Positive Sentiment: Agnico Eagle Mines was highlighted as part of a breakout in gold-mining stocks, suggesting that strong gold prices and improving sector momentum are supporting the investment case for the shares. Agnico Eagle Mines Rides Gold-Miner Breakout
- Negative Sentiment: Zacks Research reduced its Agnico Eagle Mines EPS forecasts across several periods. Estimates were cut to $3.61 for Q3 2026 from $4.29, $3.62 for Q4 2026 from $4.30, and $16.21 for full-year 2026 from $17.53.
- Negative Sentiment: The downward revisions extended into 2027: Q1 EPS was lowered to $3.77 from $4.32, Q2 to $3.80 from $4.48, Q3 to $3.60 from $4.34, and Q4 to $3.61 from $4.43. Zacks also cut its full-year 2027 forecast to $14.78 from $17.57.
- Negative Sentiment: Zacks lowered its full-year 2028 EPS estimate to $16.80 from $18.03, along with reductions to Q1 2028 EPS to $4.14 and Q2 2028 EPS to $4.20. The scale of the revisions signals weaker expected earnings growth or increased operating assumptions, potentially limiting valuation upside.
- Neutral Sentiment: Erste Group Bank also trimmed its 2026 EPS forecast, though only modestly, to $17.06 from $17.26. The repeated analyst caution contrasts with the positive gold-sector momentum and may increase share-price volatility.
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.
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