Erste Group Bank Forecasts TSE:AEM FY2026 Earnings

Key Points

• Erste Group Bank lowered its FY2026 EPS forecast for Agnico Eagle Mines to $16.77 from $16.89, while analysts’ average rating remains “Moderate Buy” with an average target price of C$295.33.
• Agnico Eagle reported C$4.33 in quarterly EPS and C$5.53 billion in revenue, with a 40.45% net margin and 22.69% return on equity.
• The company declared a quarterly dividend of $0.45, equivalent to $1.80 annually and a 0.7% yield; its stock opened at C$272.11 after recently declining 2.9%.

Agnico Eagle Mines Limited (TSE:AEM - Free Report) NYSE: AEM - Erste Group Bank cut their FY2026 EPS estimates for Agnico Eagle Mines in a research report issued on Tuesday, September 8th. Erste Group Bank analyst H. Engel now anticipates that the company will earn $16.77 per share for the year, down from their previous estimate of $16.89. 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 announced its quarterly earnings data on Wednesday, July 29th. The company reported C$4.33 EPS for the quarter. The business had revenue of C$5.53 billion for the quarter. Agnico Eagle Mines had a net margin of 40.45% and a return on equity of 22.69%.

Other equities analysts also recently issued research reports about the company. Jefferies Financial Group upgraded Agnico Eagle Mines from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 6th. National Bank Financial decreased their target price 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. Barclays lowered their target price on Agnico Eagle Mines from C$298.00 to C$266.00 in a research note on Thursday, July 16th. Finally, Stifel Nicolaus dropped their price target on Agnico Eagle Mines from C$350.00 to C$310.00 in a research report on Friday, July 17th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of C$295.33.

Agnico Eagle Mines Stock Down 2.9%

Agnico Eagle Mines stock opened at C$272.11 on Friday. The firm has a 50 day moving average price of C$242.16 and a 200-day moving average price of C$258.18. The company has a quick ratio of 0.89, a current ratio of 2.86 and a debt-to-equity ratio of 1.12. Agnico Eagle Mines has a twelve month low of C$188.48 and a twelve month high of C$348.94. The company has a market capitalization of C$136.32 billion, a P/E ratio of 23.30, a P/E/G ratio of 22.97 and a beta of 2.02.

Agnico Eagle Mines Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 15th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $1.80 annualized dividend and a yield of 0.7%. Agnico Eagle Mines's dividend payout ratio (DPR) is 14.55%.

Insiders Place Their Bets

In related news, Director John Merfyn Roberts sold 1,500 shares of Agnico Eagle Mines stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of C$273.35, for a total value of C$410,025.00. Following the completion of the transaction, the director directly owned 16,182 shares in the company, valued at approximately C$4,423,349.70. The trade was a 8.48% decrease in their position. Corporate insiders own 0.08% of the company's stock.

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.

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