AEM FY2025 EPS Estimate Raised by Raymond James Financial

Key Points

• Raymond James Financial has raised its earnings per share (EPS) estimate for Agnico Eagle Mines Limited from $7.44 to $7.64 for FY2025, maintaining an "Outperform" rating with a target price of $182.00.
• Agnico Eagle Mines reported a quarterly EPS of $1.94, exceeding consensus estimates of $1.83, with year-over-year revenue increasing by 35.6% to $2.86 billion.
• Institutional investors hold 68.34% of Agnico Eagle Mines' stock, with several recent activities including new stakes and increased holdings by various firms.

Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM - Raymond James Financial boosted their FY2025 earnings per share (EPS) estimates for Agnico Eagle Mines in a research note issued on Thursday, October 9th. Raymond James Financial analyst J. Elliott now forecasts that the mining company will post earnings of $7.64 per share for the year, up from their prior estimate of $7.44. Raymond James Financial currently has a "Outperform" rating and a $182.00 target price on the stock. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $4.63 per share. Raymond James Financial also issued estimates for Agnico Eagle Mines' Q4 2025 earnings at $2.23 EPS.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last announced its quarterly earnings data on Wednesday, July 30th. The mining company reported $1.94 EPS for the quarter, topping analysts' consensus estimates of $1.83 by $0.11. Agnico Eagle Mines had a return on equity of 13.79% and a net margin of 30.63%.The business had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.46 billion. During the same period in the previous year, the company posted $1.07 earnings per share. The business's revenue for the quarter was up 35.6% on a year-over-year basis.

A number of other brokerages also recently commented on AEM. TD Securities boosted their price objective on Agnico Eagle Mines from $154.00 to $195.00 and gave the stock a "buy" rating in a research report on Wednesday, October 8th. National Bankshares reaffirmed an "outperform" rating on shares of Agnico Eagle Mines in a report on Tuesday, June 24th. UBS Group upped their price target on Agnico Eagle Mines from $125.00 to $160.00 and gave the company a "neutral" rating in a report on Friday, September 19th. Weiss Ratings reaffirmed a "buy (a)" rating on shares of Agnico Eagle Mines in a report on Wednesday, October 8th. Finally, CIBC upped their price target on Agnico Eagle Mines from $165.00 to $231.00 and gave the company an "outperformer" rating in a report on Friday. Six analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $162.10.

Agnico Eagle Mines Stock Performance

Shares of Agnico Eagle Mines stock opened at $164.28 on Monday. Agnico Eagle Mines has a one year low of $75.17 and a one year high of $172.21. The company has a market cap of $82.60 billion, a PE ratio of 27.94, a P/E/G ratio of 1.09 and a beta of 0.46. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.16 and a current ratio of 2.03. The business has a 50-day simple moving average of $149.57 and a 200-day simple moving average of $128.51.

Institutional Investors Weigh In On Agnico Eagle Mines

Large investors have recently modified their holdings of the company. DAVENPORT & Co LLC acquired a new stake in shares of Agnico Eagle Mines in the first quarter valued at approximately $226,000. Bank of New York Mellon Corp boosted its holdings in shares of Agnico Eagle Mines by 1.2% in the first quarter. Bank of New York Mellon Corp now owns 485,317 shares of the mining company's stock valued at $52,613,000 after acquiring an additional 5,717 shares during the period. Private Trust Co. NA boosted its holdings in shares of Agnico Eagle Mines by 454.9% in the first quarter. Private Trust Co. NA now owns 283 shares of the mining company's stock valued at $31,000 after acquiring an additional 232 shares during the period. Golden State Wealth Management LLC acquired a new stake in shares of Agnico Eagle Mines in the first quarter valued at approximately $34,000. Finally, OneDigital Investment Advisors LLC acquired a new stake in shares of Agnico Eagle Mines in the first quarter valued at approximately $234,000. 68.34% of the stock is owned by institutional investors and hedge funds.

Agnico Eagle Mines Company Profile

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.

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