National Bank Financial Predicts TSE:AEM FY2026 Earnings

Key Points

• National Bank Financial has raised its FY2026 earnings per share estimate for Agnico Eagle Mines Limited (TSE:AEM) to $11.14, slightly up from the previous estimate of $11.12.
• Agnico Eagle Mines received multiple upgrades, with analysts from BMO Capital Markets and TD Securities both assigning a "strong-buy" rating and raising their price objectives.
• The company has announced a quarterly dividend of $0.40 per share, set to be paid on September 15th, representing a 0.9% dividend yield.

Agnico Eagle Mines Limited (TSE:AEM - Free Report) NYSE: AEM - Equities research analysts at National Bank Financial lifted their FY2026 earnings estimates for shares of Agnico Eagle Mines in a report released on Thursday, July 31st. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings per share of $11.14 for the year, up from their prior estimate of $11.12. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $5.50 per share.

Several other analysts have also recently weighed in on AEM. Raymond James Financial raised shares of Agnico Eagle Mines to a "moderate buy" rating in a research note on Monday, June 30th. Cfra Research upgraded Agnico Eagle Mines to a "strong-buy" rating in a research report on Friday, April 25th. Stifel Nicolaus lifted their target price on shares of Agnico Eagle Mines from C$185.00 to C$195.00 in a research note on Monday, April 28th. TD Securities upgraded shares of Agnico Eagle Mines to a "strong-buy" rating in a research report on Thursday, July 17th. Finally, BMO Capital Markets upgraded Agnico Eagle Mines to a "strong-buy" rating in a report on Tuesday, April 15th. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and five have issued a strong buy rating to the company's stock. Based on data from MarketBeat, Agnico Eagle Mines presently has an average rating of "Strong Buy" and a consensus price target of C$163.33.

Agnico Eagle Mines Price Performance

Agnico Eagle Mines stock traded up C$0.76 during mid-day trading on Monday, reaching C$186.88. The company had a trading volume of 469,264 shares, compared to its average volume of 1,029,277. The company has a market cap of C$66.08 billion, a P/E ratio of 65.66, a P/E/G ratio of 22.97 and a beta of 1.10. The company has a current ratio of 1.75, a quick ratio of 0.89 and a debt-to-equity ratio of 7.88. The business has a fifty day simple moving average of C$166.97 and a 200 day simple moving average of C$154.95. Agnico Eagle Mines has a fifty-two week low of C$99.05 and a fifty-two week high of C$188.58.

Agnico Eagle Mines Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Tuesday, September 2nd will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.9%. Agnico Eagle Mines's dividend payout ratio (DPR) is currently 76.24%.

Insider Buying and Selling

In related news, Senior Officer Christopher Charles Norman Vollmershausen sold 5,000 shares of Agnico Eagle Mines stock in a transaction on Monday, June 23rd. The shares were sold at an average price of C$170.54, for a total value of C$852,700.00. Also, Senior Officer Ammar Al-Joundi sold 20,000 shares of Agnico Eagle Mines stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of C$169.00, for a total value of C$3,379,960.00. Insiders have sold a total of 36,905 shares of company stock valued at $6,262,456 over the last quarter. 0.08% of the stock is owned by corporate insiders.

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.