Stifel Canada Analysts Raise Earnings Estimates for TSE:AEM

Agnico Eagle Mines Limited (TSE:AEM - Free Report) NYSE: AEM - Investment analysts at Stifel Canada increased their FY2025 earnings per share (EPS) estimates for shares of Agnico Eagle Mines in a research report issued to clients and investors on Monday, April 21st. Stifel Canada analyst R. Profiti now expects that the company will earn $8.19 per share for the year, up from their prior estimate of $6.56. Stifel Canada currently has a "Strong-Buy" rating on the stock. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $5.50 per share. Stifel Canada also issued estimates for Agnico Eagle Mines' FY2026 earnings at $8.59 EPS.

Several other equities research analysts have also commented on AEM. Stifel Nicolaus upped their price objective on Agnico Eagle Mines from C$185.00 to C$195.00 in a research note on Monday. Royal Bank of Canada upped their price objective on Agnico Eagle Mines to C$105.00 and gave the stock a "buy" rating in a report on Thursday, March 6th. National Bankshares increased their price objective on shares of Agnico Eagle Mines from C$160.00 to C$190.00 and gave the company an "outperform" rating in a research report on Wednesday, March 19th. BMO Capital Markets upgraded shares of Agnico Eagle Mines to a "strong-buy" rating in a report on Tuesday, April 15th. Finally, National Bank Financial upgraded Agnico Eagle Mines to a "strong-buy" rating in a research report on Friday, March 21st. One analyst has rated the stock with a hold rating, three have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of C$139.67.

Agnico Eagle Mines Stock Down 0.7 %

Shares of AEM stock traded down C$1.20 during trading hours on Wednesday, hitting C$163.27. 379,252 shares of the company's stock traded hands, compared to its average volume of 1,080,055. The stock has a market cap of C$57.73 billion, a price-to-earnings ratio of 57.36, a PEG ratio of 22.97 and a beta of 1.10. The company has a quick ratio of 0.89, a current ratio of 1.75 and a debt-to-equity ratio of 7.88. Agnico Eagle Mines has a 12-month low of C$86.66 and a 12-month high of C$175.33. The stock's fifty day simple moving average is C$150.57 and its two-hundred day simple moving average is C$131.27.

Agnico Eagle Mines Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, March 14th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date of this dividend was Friday, February 28th. Agnico Eagle Mines's payout ratio is 76.24%.

Insider Activity

In other Agnico Eagle Mines news, Senior Officer Carol-Ann Plummer-Theriault sold 5,625 shares of the stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of C$139.99, for a total transaction of C$787,455.00. Also, Senior Officer Dominique Girard sold 10,000 shares of the firm's stock in a transaction on Thursday, March 13th. The stock was sold at an average price of C$148.32, for a total value of C$1,483,200.00. Over the last 90 days, insiders have sold 26,625 shares of company stock worth $3,958,905. Company insiders own 0.08% of the company's stock.

About Agnico Eagle Mines

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.