Brokers Offer Predictions for TSE:AEM FY2027 Earnings

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Investment analysts at Erste Group Bank lifted their FY2027 earnings per share estimates for shares of Agnico Eagle Mines in a research report issued on Thursday, June 25th. Erste Group Bank analyst H. Engel now expects that the company will earn $19.57 per share for the year, up from their previous estimate of $19.53. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share.

A number of other research analysts have also recently weighed in on AEM. BMO Capital Markets lifted their price objective on shares of Agnico Eagle Mines from C$350.00 to C$370.00 in a report on Wednesday, April 22nd. ATB Cormark Capital Markets upgraded shares of Agnico Eagle Mines from a “sector” rating to an “outperform” rating in a report on Monday, May 4th. Barclays set a C$292.00 price target on shares of Agnico Eagle Mines and gave the company an “overweight” rating in a research report on Friday, May 22nd. JPMorgan Chase & Co. dropped their price target on shares of Agnico Eagle Mines from C$321.00 to C$300.00 in a research note on Thursday, April 23rd. Finally, National Bank Financial set a C$350.00 price objective on Agnico Eagle Mines and gave the stock an “outperform” rating in a research report on Monday, May 25th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$318.83.

Agnico Eagle Mines Stock Up 0.9%

Shares of AEM opened at C$220.36 on Wednesday. The stock has a market capitalization of C$110.40 billion, a PE ratio of 20.75, a P/E/G ratio of 22.97 and a beta of 1.75. Agnico Eagle Mines has a 1 year low of C$157.68 and a 1 year 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. The company’s 50-day simple moving average is C$246.37 and its 200-day simple moving average is C$267.36.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last released its earnings results on Thursday, April 30th. The company reported C$4.73 earnings per share for the quarter. The company 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%.

Agnico Eagle Mines Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 15th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Monday, June 1st. Agnico Eagle Mines’s dividend payout ratio (DPR) is presently 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.