FY2026 EPS Forecast for Agnico Eagle Mines Lifted by Analyst

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Research analysts at Erste Group Bank upped their FY2026 EPS estimates for Agnico Eagle Mines in a research note issued to investors on Tuesday, March 24th. Erste Group Bank analyst H. Engel now anticipates that the company will post earnings of $19.58 per share for the year, up from their prior forecast of $17.85. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last announced its earnings results on Friday, February 13th. The company reported C$3.71 earnings per share (EPS) for the quarter. The firm had revenue of C$4.89 billion during the quarter. Agnico Eagle Mines had a net margin of 37.50% and a return on equity of 19.37%.

AEM has been the topic of several other reports. TD Securities lifted their price target on Agnico Eagle Mines from C$241.00 to C$251.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Stifel Nicolaus lifted their target price on Agnico Eagle Mines from C$300.00 to C$350.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Royal Bank Of Canada cut shares of Agnico Eagle Mines from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, December 10th. JPMorgan Chase & Co. set a C$337.00 price target on shares of Agnico Eagle Mines and gave the company a “neutral” rating in a report on Thursday, January 29th. Finally, National Bank Financial lifted their price objective on shares of Agnico Eagle Mines from C$300.00 to C$320.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$314.50.

Agnico Eagle Mines Price Performance

TSE AEM opened at C$260.02 on Friday. Agnico Eagle Mines has a 12 month low of C$135.40 and a 12 month high of C$348.94. The firm has a market capitalization of C$130.27 billion, a PE ratio of 29.35, a P/E/G ratio of 22.97 and a beta of 1.67. The company’s 50 day simple moving average is C$291.53 and its 200 day simple moving average is C$254.16. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.02 and a quick ratio of 0.89.

Insider Activity

In other news, insider Guy Gosselin sold 4,947 shares of the business’s stock in a transaction on 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 sale, the insider directly owned 31,381 shares of the company’s stock, valued at C$9,728,110. The trade was a 13.62% decrease in their ownership of the stock. 0.08% of the stock is owned by insiders.

Agnico Eagle Mines Increases Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.80 annualized dividend and a dividend yield of 0.7%. This is a boost from Agnico Eagle Mines’s previous quarterly dividend of $0.40. Agnico Eagle Mines’s dividend payout ratio is 18.06%.

Agnico Eagle Mines Company Profile

Agnico Eagle Mines is a gold miner operating mines in Canada, Mexico, and Finland. It also owns 50% of the Canadian Malartic mine. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines on line in rapid succession in the following years. The company produced more than 1.7 million gold ounces in 2020. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions.