Analysts Issue Forecasts for TSE:AEM FY2026 Earnings

Key Points

• Erste Group Bank lowered its FY2026 EPS forecast for Agnico Eagle Mines to $16.89 from $17.06, while the current full-year consensus estimate stands at $5.50 per share.
• Analyst sentiment remains positive overall, with a MarketBeat consensus rating of “Moderate Buy” and an average price target of C$295.33, despite several firms recently cutting their targets.
• Agnico Eagle reported C$4.33 in quarterly EPS on C$5.53 billion in revenue, with a 40.45% net margin and 22.69% return on equity; its shares were reported down 3.8% and opened at C$286.76.

Agnico Eagle Mines Limited (TSE:AEM - Free Report) NYSE: AEM - Analysts at Erste Group Bank decreased their FY2026 earnings per share estimates for shares of Agnico Eagle Mines in a report issued on Thursday, August 27th. Erste Group Bank analyst H. Engel now expects that the company will post earnings of $16.89 per share for the year, down from their prior forecast of $17.06. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $5.50 per share.

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

Several other research firms have also commented on AEM. Barclays lowered their price objective on shares of Agnico Eagle Mines from C$298.00 to C$266.00 in a research report on Thursday, July 16th. ATB Cormark Capital Markets upgraded Agnico Eagle Mines from a "sector" rating to an "outperform" rating in a research report on Monday, May 4th. Jefferies Financial Group raised Agnico Eagle Mines from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 6th. Stifel Nicolaus decreased their price objective on Agnico Eagle Mines from C$350.00 to C$310.00 in a research report on Friday, July 17th. Finally, National Bank Financial lowered 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 note on Tuesday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Agnico Eagle Mines presently has a consensus rating of "Moderate Buy" and an average price target of C$295.33.

Agnico Eagle Mines Trading Down 3.8%

Shares of AEM opened at C$286.76 on Monday. The company's fifty day moving average is C$232.15 and its 200 day moving average is C$259.30. Agnico Eagle Mines has a fifty-two week low of C$188.48 and a fifty-two week high of C$348.94. The stock has a market capitalization of C$143.66 billion, a PE ratio of 24.55, a P/E/G ratio of 22.97 and a beta of 1.83. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.89 and a current ratio of 2.86.

Insiders Place Their Bets

In other news, Director John Merfyn Roberts sold 1,000 shares of the stock in a transaction on Monday, August 10th. The shares were sold at an average price of C$244.66, for a total value of C$244,660.00. Following the sale, the director owned 17,682 shares of the company's stock, valued at approximately C$4,326,078.12. This represents a 5.35% decrease in their ownership of the stock. 0.08% of the stock is owned by company insiders.

About Agnico Eagle Mines

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.

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