TSE:AEM Stock Earnings Estimates Lowered by Zacks Research

Key Points

• Zacks Research lowered its FY2026 EPS forecast for Agnico Eagle Mines to $15.98 from $16.21, and projected FY2027 EPS of $14.49.
• Agnico Eagle reported quarterly EPS of C$3.72 and revenue of C$5.10 billion; its shares were down 4.1% in Friday trading.
• Analysts maintain a consensus Buy rating with a C$292 price target, while the company’s quarterly dividend is C$0.45 per share.

Agnico Eagle Mines Limited (TSE:AEM - Free Report) NYSE: AEM - Investment analysts at Zacks Research dropped their FY2026 earnings per share (EPS) estimates for shares of Agnico Eagle Mines in a report issued on Wednesday, November 11th. Zacks Research analyst Team now expects that the company will post earnings of $15.98 per share for the year, down from their prior forecast of $16.21. 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' Q1 2027 earnings at $3.73 EPS, Q2 2027 earnings at $3.60 EPS, Q3 2027 earnings at $3.59 EPS, Q4 2027 earnings at $3.56 EPS, FY2027 earnings at $14.49 EPS, Q1 2028 earnings at $3.79 EPS, Q2 2028 earnings at $3.90 EPS and Q3 2028 earnings at $3.74 EPS.

Agnico Eagle Mines (TSE:AEM - Get Free Report) NYSE: AEM last announced its earnings results on Wednesday, October 28th. The company reported C$3.72 EPS for the quarter. Agnico Eagle Mines had a return on equity of 22.64% and a net margin of 41.00%. The company had revenue of C$5.10 billion for the quarter.

Several other brokerages have also issued reports on AEM. Freedom Broker raised Agnico Eagle Mines from a "hold" rating to a "strong-buy" rating in a research note on Monday, November 2nd. Stifel Nicolaus reduced their price objective on shares of Agnico Eagle Mines from C$350.00 to C$310.00 in a research report on Friday, July 17th. Barclays reduced 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. TD lowered their price objective on shares of Agnico Eagle Mines from C$244.00 to C$242.00 and set a "buy" rating for the company in a research note on Tuesday, October 20th. Finally, National Bank Financial dropped their target price on shares of Agnico Eagle Mines from C$310.00 to C$305.00 and set an "outperform" rating on the stock in a research report on Friday, October 30th. Three investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, Agnico Eagle Mines currently has a consensus rating of "Buy" and a consensus price target of C$292.00.

Agnico Eagle Mines Trading Down 4.1%

Shares of AEM stock opened at C$254.28 on Friday. The company has a market cap of C$127.39 billion, a P/E ratio of 20.72, a PEG ratio of 22.97 and a beta of 2.11. The stock has a 50 day simple moving average of C$264.75 and a two-hundred day simple moving average of C$261.75. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.89 and a current ratio of 2.75. Agnico Eagle Mines has a fifty-two week low of C$188.48 and a fifty-two week high of C$348.94.

Insider Activity

In other news, Director John Merfyn Roberts sold 1,500 shares of the stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of C$273.35, for a total transaction of C$410,025.00. Following the transaction, the director owned 16,182 shares of the company's stock, valued at C$4,423,349.70. This represents a 8.48% decrease in their position. 0.08% of the stock is owned by company insiders.

Agnico Eagle Mines Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, September 1st. Agnico Eagle Mines's dividend payout ratio is 14.26%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.