TSE:AEM Stock Earnings Estimates Reduced by Erste Group Bank

Key Points

• Erste Group Bank cut its FY2026 EPS estimate for Agnico Eagle Mines to $13.95 from $16.44, while projecting FY2027 EPS of $14.10. The FY2026 estimate remains above the current consensus estimate of $5.50.
• Agnico Eagle Mines reported quarterly revenue of C$5.53 billion and EPS of C$4.33, with a 40.45% net margin and 22.69% return on equity.
• Analyst sentiment remains positive overall, with the stock carrying a “Moderate Buy” consensus rating and an average price target of C$295.33, compared with a recent opening price of C$264.04.

Agnico Eagle Mines Limited (TSE:AEM - Free Report) NYSE: AEM - Equities research analysts at Erste Group Bank reduced their FY2026 earnings per share (EPS) estimates for shares of Agnico Eagle Mines in a report issued on Thursday, October 8th. Erste Group Bank analyst H. Engel now anticipates that the company will post earnings of $13.95 per share for the year, down from their previous estimate of $16.44. 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 $14.10 EPS.

Agnico Eagle Mines (TSE:AEM - Get Free Report) NYSE: AEM last announced its quarterly 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 company had revenue of C$5.53 billion for the quarter.

AEM has been the topic of several other research reports. National Bank Financial dropped their target price on shares of Agnico Eagle Mines from C$350.00 to C$275.00 and set an "outperform" rating on the stock in a report on Tuesday, July 14th. Barclays decreased their price target on shares of Agnico Eagle Mines from C$298.00 to C$266.00 in a report on Thursday, July 16th. Jefferies Financial Group upgraded shares of Agnico Eagle Mines from a "hold" rating to a "strong-buy" rating in a report on Monday, July 6th. Finally, Stifel Nicolaus lowered 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 assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of C$295.33.

Agnico Eagle Mines Price Performance

Shares of Agnico Eagle Mines stock opened at C$264.04 on Wednesday. The firm has a fifty day simple moving average of C$271.76 and a 200-day simple moving average of C$253.45. The company has a current ratio of 2.86, a quick ratio of 0.89 and a debt-to-equity ratio of 1.12. Agnico Eagle Mines has a 1-year low of C$188.48 and a 1-year high of C$348.94. The stock has a market capitalization of C$133.70 billion, a price-to-earnings ratio of 22.61, a PEG ratio of 22.97 and a beta of 2.00.

Agnico Eagle Mines Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.45 per share. The ex-dividend date 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 payout ratio is 14.55%.

Insider Activity at Agnico Eagle Mines

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

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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