Zacks Research Issues Negative Outlook for TSE:AEM Earnings

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Equities researchers at Zacks Research reduced their Q3 2026 earnings per share estimates for shares of Agnico Eagle Mines in a note issued to investors on Wednesday, August 12th. Zacks Research analyst Team now expects that the company will post earnings per share of $3.61 for the quarter, down from their previous forecast of $4.29. 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 $3.62 EPS, FY2026 earnings at $16.21 EPS, Q1 2027 earnings at $3.77 EPS, Q2 2027 earnings at $3.80 EPS, Q3 2027 earnings at $3.60 EPS, Q4 2027 earnings at $3.61 EPS, FY2027 earnings at $14.78 EPS and FY2028 earnings at $16.80 EPS.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last announced its quarterly earnings results on Wednesday, July 29th. The company reported C$4.33 EPS for the quarter. The company had revenue of C$5.53 billion during the quarter. Agnico Eagle Mines had a return on equity of 22.69% and a net margin of 40.45%.

Other research analysts have also recently issued reports about the stock. BMO Capital Markets boosted 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 raised Agnico Eagle Mines from a “sector” rating to an “outperform” rating in a research note on Monday, May 4th. National Bank Financial cut their price objective on Agnico Eagle Mines from C$350.00 to C$275.00 and set an “outperform” rating for the company in a research report on Tuesday, July 14th. JPMorgan Chase & Co. lowered their price target on shares of Agnico Eagle Mines from C$321.00 to C$300.00 in a report on Thursday, April 23rd. Finally, 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. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of C$295.33.

Agnico Eagle Mines Price Performance

Shares of TSE:AEM opened at C$251.52 on Friday. 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 has a 1-year low of C$180.26 and a 1-year high of C$348.94. 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 company has a market capitalization of C$127.36 billion, a PE ratio of 21.53, a PEG ratio of 22.97 and a beta of 1.83.

Insiders Place Their Bets

In other Agnico Eagle Mines news, Director John Merfyn Roberts sold 1,000 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the director directly owned 17,682 shares of the company’s stock, valued at approximately C$4,326,078.12. The trade was a 5.35% decrease in their ownership of the stock. Corporate insiders own 0.08% of the company’s stock.

Agnico Eagle Mines Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 15th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.80 dividend on an annualized basis and a yield of 0.7%. Agnico Eagle Mines’s dividend payout ratio (DPR) is currently 14.55%.

Agnico Eagle Mines News Roundup

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.