FY2025 EPS Estimate for Agnico Eagle Mines Raised by Analyst

Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM - Investment analysts at National Bank Financial lifted their FY2025 earnings per share (EPS) estimates for shares of Agnico Eagle Mines in a note issued to investors on Tuesday, April 22nd. National Bank Financial analyst S. Nagle now expects that the mining company will post earnings of $6.57 per share for the year, up from their previous forecast of $5.67. National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $4.63 per share. National Bank Financial also issued estimates for Agnico Eagle Mines' FY2026 earnings at $6.58 EPS.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last announced its quarterly earnings results on Thursday, April 24th. The mining company reported $1.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.39 by $0.14. The company had revenue of $2.38 billion during the quarter, compared to the consensus estimate of $2.27 billion. Agnico Eagle Mines had a return on equity of 10.45% and a net margin of 22.88%. Agnico Eagle Mines's revenue for the quarter was up 34.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.76 EPS.

A number of other analysts also recently issued reports on AEM. UBS Group lifted their price target on Agnico Eagle Mines from $110.00 to $115.00 and gave the stock a "neutral" rating in a report on Friday, April 11th. StockNews.com downgraded Agnico Eagle Mines from a "strong-buy" rating to a "buy" rating in a report on Tuesday, February 25th. Raymond James boosted their target price on Agnico Eagle Mines from $105.00 to $130.00 and gave the company an "outperform" rating in a report on Friday, April 4th. Bank of America boosted their target price on Agnico Eagle Mines from $119.00 to $142.00 and gave the company a "buy" rating in a report on Tuesday, April 8th. Finally, TD Securities reduced their target price on Agnico Eagle Mines from $108.00 to $106.00 and set a "buy" rating for the company in a report on Wednesday, February 19th. Two analysts have rated the stock with a hold rating, seven have given a buy rating and four have issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $124.40.

Agnico Eagle Mines Stock Up 0.4 %

NYSE AEM traded up $0.46 during trading on Friday, reaching $116.83. 1,346,252 shares of the company's stock were exchanged, compared to its average volume of 2,433,678. The stock has a market cap of $58.80 billion, a P/E ratio of 30.91, a price-to-earnings-growth ratio of 0.66 and a beta of 0.87. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.86 and a current ratio of 1.86. The company has a 50 day moving average price of $106.87 and a two-hundred day moving average price of $93.11. Agnico Eagle Mines has a 1 year low of $63.01 and a 1 year high of $126.76.

Institutional Trading of Agnico Eagle Mines

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Private Trust Co. NA increased its position in Agnico Eagle Mines by 454.9% during the 1st quarter. Private Trust Co. NA now owns 283 shares of the mining company's stock worth $31,000 after purchasing an additional 232 shares during the period. Golden State Wealth Management LLC purchased a new stake in shares of Agnico Eagle Mines during the 1st quarter worth $34,000. Versant Capital Management Inc purchased a new stake in shares of Agnico Eagle Mines during the 4th quarter worth $26,000. Smartleaf Asset Management LLC boosted its position in shares of Agnico Eagle Mines by 859.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 355 shares of the mining company's stock worth $28,000 after purchasing an additional 318 shares in the last quarter. Finally, Hexagon Capital Partners LLC boosted its position in shares of Agnico Eagle Mines by 31.1% during the 1st quarter. Hexagon Capital Partners LLC now owns 367 shares of the mining company's stock worth $40,000 after purchasing an additional 87 shares in the last quarter. 68.34% of the stock is owned by hedge funds and other institutional investors.

Agnico Eagle Mines Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.37%. The ex-dividend date is Monday, December 1st. Agnico Eagle Mines's dividend payout ratio is presently 34.04%.

Agnico Eagle Mines Company Profile

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.