What is Scotiabank's Estimate for TSE:AEM FY2026 Earnings?

Key Points

• Scotiabank lowered its FY2026 EPS estimate for Agnico Eagle Mines to $15.85 from $15.91 and forecasts FY2027 EPS of $15.37.
• Agnico Eagle reported quarterly EPS of C$3.72 and revenue of C$5.10 billion; its net margin was 41% and return on equity was 22.64%.
• Analyst sentiment remains positive overall: MarketBeat reports an average “Buy” rating and a C$292 price target, with three Strong Buy, five Buy, and three Hold ratings.

Agnico Eagle Mines Limited (TSE:AEM - Free Report) NYSE: AEM - Investment analysts at Scotiabank dropped their FY2026 earnings per share (EPS) estimates for Agnico Eagle Mines in a research note issued to investors on Monday, November 2nd. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings per share of $15.85 for the year, down from their prior estimate of $15.91. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $5.50 per share. Scotiabank also issued estimates for Agnico Eagle Mines' FY2027 earnings at $15.37 EPS.

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

Other equities analysts have also issued reports about the stock. Freedom Broker upgraded shares of Agnico Eagle Mines from a "hold" rating to a "strong-buy" rating in a research report on Monday. TD dropped 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 report on Tuesday, October 20th. National Bank Financial cut their target price on shares of Agnico Eagle Mines from C$310.00 to C$305.00 and set an "outperform" rating for the company in a research note on Friday, October 30th. Barclays cut their target price on shares of Agnico Eagle Mines from C$298.00 to C$266.00 in a research note on Thursday, July 16th. Finally, Stifel Nicolaus reduced their target price on Agnico Eagle Mines from C$350.00 to C$310.00 in a report on Friday, July 17th. Three investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of C$292.00.

Agnico Eagle Mines Trading Up 9.4%

Shares of AEM stock opened at C$256.31 on Thursday. Agnico Eagle Mines has a 12-month low of C$188.48 and a 12-month high of C$348.94. The company has a market capitalization of C$128.41 billion, a P/E ratio of 20.89, a P/E/G ratio of 22.97 and a beta of 2.00. The firm has a 50-day moving average price of C$266.66 and a 200 day moving average price of C$262.37. The company has a quick ratio of 0.89, a current ratio of 2.75 and a debt-to-equity ratio of 1.11.

Insider Activity at Agnico Eagle Mines

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

Agnico Eagle Mines Dividend Announcement

The business also recently announced 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 was Tuesday, September 1st. Agnico Eagle Mines's dividend payout ratio is presently 14.26%.

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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