TSE:AEM Stock Earnings Estimates Raised by Erste Group Bank

Key Points

• Erste Group Bank raised Agnico Eagle Mines’ FY2026 EPS estimate to $16.53 from $13.95 and projects FY2027 EPS of $17.29, well above the current-year consensus estimate of $5.50.
• Analyst sentiment remains generally positive, with MarketBeat reporting an average “Moderate Buy” rating and a C$292.71 price target, despite several recent price-target cuts and one downgrade to “Hold.”
• Agnico Eagle reported C$4.33 quarterly EPS and C$5.53 billion in revenue, while maintaining a quarterly dividend of $0.45, equivalent to an annualized yield of 0.7%.

Agnico Eagle Mines Limited (TSE:AEM - Free Report) NYSE: AEM - Erste Group Bank boosted their FY2026 earnings per share estimates for shares of Agnico Eagle Mines in a note issued to investors on Wednesday, October 21st. Erste Group Bank analyst H. Engel now anticipates that the company will post earnings of $16.53 per share for the year, up from their prior estimate of $13.95. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $5.50 per share. Erste Group Bank also issued estimates for Agnico Eagle Mines' FY2027 earnings at $17.29 EPS.

Other analysts have also recently issued reports about the stock. Barclays dropped their price target on shares of Agnico Eagle Mines from C$298.00 to C$266.00 in a research note on Thursday, July 16th. Stifel Nicolaus cut their price objective on shares of Agnico Eagle Mines from C$350.00 to C$310.00 in a report on Friday, July 17th. Freedom Broker lowered shares of Agnico Eagle Mines from a "strong-buy" rating to a "hold" rating in a research note on Thursday. National Bank Financial lowered their target price on shares of Agnico Eagle Mines from C$315.00 to C$310.00 and set an "outperform" rating on the stock in a report on Tuesday, October 20th. Finally, Jefferies Financial Group raised shares of Agnico Eagle Mines from a "hold" rating to a "strong-buy" rating in a report on Monday, July 6th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of C$292.71.

Agnico Eagle Mines Price Performance

AEM opened at C$243.39 on Monday. The company has a market capitalization of C$121.94 billion, a price-to-earnings ratio of 20.84, a PEG ratio of 22.97 and a beta of 2.00. The company has a quick ratio of 0.89, a current ratio of 2.86 and a debt-to-equity ratio of 1.12. The firm has a 50-day moving average price of C$273.27 and a 200-day moving average price of C$252.22. Agnico Eagle Mines has a twelve month low of C$188.48 and a twelve month high of C$348.94.

Agnico Eagle Mines (TSE:AEM - Get Free Report) NYSE: AEM last released 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%.

Agnico Eagle Mines Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 15th were issued a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.7%. Agnico Eagle Mines's dividend payout ratio is presently 14.55%.

Insider Activity at Agnico Eagle Mines

In other news, Director John Merfyn Roberts sold 1,500 shares of the firm's stock in a transaction on 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 sale, the director owned 16,182 shares in the company, valued at approximately C$4,423,349.70. This trade represents a 8.48% decrease in their position. 0.08% of the stock is owned by 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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