FY2025 EPS Forecast for Agnico Eagle Mines Raised by Analyst

Key Points

• National Bank Financial raised Agnico Eagle Mines' FY2025 earnings estimate to $10.67 per share, an increase from the previous estimate of $10.28, significantly higher than the consensus estimate of $5.50 per share.
• The company has received a consensus rating of "Strong Buy", with a target price of C$163.33, indicating positive sentiment among analysts towards its stock.
• A quarterly dividend of $0.40 per share was recently paid, resulting in an annualized dividend of $1.60 and a yield of 0.7%, with a payout ratio of 27.21%.

Agnico Eagle Mines Limited (TSE:AEM - Free Report) NYSE: AEM - Stock analysts at National Bank Financial lifted their FY2025 earnings estimates for Agnico Eagle Mines in a research report issued to clients and investors on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now anticipates that the company will earn $10.67 per share for the year, up from their prior estimate of $10.28. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $5.50 per share. National Bank Financial also issued estimates for Agnico Eagle Mines' FY2026 earnings at $12.78 EPS.

Other research analysts have also issued research reports about the stock. TD Securities raised shares of Agnico Eagle Mines to a "strong-buy" rating in a research report on Thursday, July 17th. Raymond James Financial raised shares of Agnico Eagle Mines to a "moderate buy" rating in a research report on Monday, June 30th. Five research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Agnico Eagle Mines has a consensus rating of "Strong Buy" and a consensus target price of C$163.33.

Agnico Eagle Mines Stock Performance

TSE:AEM opened at C$223.00 on Friday. Agnico Eagle Mines has a 12-month low of C$104.99 and a 12-month high of C$226.79. The company has a quick ratio of 0.89, a current ratio of 1.75 and a debt-to-equity ratio of 7.88. The firm has a market capitalization of C$112.28 billion, a PE ratio of 37.93, a price-to-earnings-growth ratio of 22.97 and a beta of 1.02. The firm has a 50-day moving average price of C$193.25 and a 200 day moving average price of C$170.88.

Agnico Eagle Mines Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Monday, September 15th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, September 2nd. Agnico Eagle Mines's dividend payout ratio is 27.21%.

About Agnico Eagle Mines

Agnico Eagle Mines is a gold miner operating mines in Canada, Mexico, and Finland. It also owns 50% of the Canadian Malartic mine. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines on line in rapid succession in the following years. The company produced more than 1.7 million gold ounces in 2020.

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