FY2026 Earnings Estimate for AEM Issued By Erste Group Bank

Key Points

• Erste Group Bank lowered its FY2026 EPS estimate for Agnico Eagle Mines to $12.16 from $12.23, still above the analyst consensus of $11.69.
• Agnico Eagle reported quarterly EPS of $3.05, beating estimates of $2.89, while revenue reached $3.77 billion and increased 35% year over year.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus rating, 12 Buy ratings, and a consensus price target of $226, although some firms recently reduced their targets or ratings.

Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM - Stock analysts at Erste Group Bank dropped their FY2026 earnings per share (EPS) estimates for Agnico Eagle Mines in a research note issued on Wednesday, August 5th. Erste Group Bank analyst H. Engel now anticipates that the mining company will post earnings per share of $12.16 for the year, down from their prior forecast of $12.23. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $11.69 per share.

Several other research analysts have also recently issued reports on the stock. Scotia cut their price target on shares of Agnico Eagle Mines from $280.00 to $278.00 and set a "sector outperform" rating for the company in a report on Friday, July 3rd. Zacks Research lowered Agnico Eagle Mines from a "hold" rating to a "strong sell" rating in a report on Friday, July 17th. Canadian Imperial Bank of Commerce set a $285.00 target price on Agnico Eagle Mines in a research report on Thursday, July 16th. Royal Bank Of Canada cut their target price on Agnico Eagle Mines from $230.00 to $210.00 and set a "sector perform" rating for the company in a research note on Thursday, July 9th. Finally, ATB Cormark Capital Markets raised Agnico Eagle Mines from a "hold" rating to an "outperform" rating in a report on Monday, May 4th. Twelve research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $226.00.

Agnico Eagle Mines Price Performance

Agnico Eagle Mines stock opened at $180.65 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.86 and a quick ratio of 2.02. The business has a 50 day simple moving average of $155.80 and a 200-day simple moving average of $187.65. Agnico Eagle Mines has a 12 month low of $130.04 and a 12 month high of $255.24. The stock has a market capitalization of $91.55 billion, a PE ratio of 15.45, a price-to-earnings-growth ratio of 2.20 and a beta of 0.61.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last posted its quarterly earnings data on Wednesday, July 29th. The mining company reported $3.05 EPS for the quarter, beating the consensus estimate of $2.89 by $0.16. Agnico Eagle Mines had a return on equity of 22.04% and a net margin of 40.44%.The firm had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $3.78 billion. During the same period in the prior year, the business earned $1.94 EPS. The firm's revenue was up 35.0% compared to the same quarter last year.

Institutional Investors Weigh In On Agnico Eagle Mines

A number of institutional investors and hedge funds have recently modified their holdings of AEM. Acumen Wealth Advisors LLC purchased a new stake in Agnico Eagle Mines during the fourth quarter worth $26,000. Dunhill Financial LLC acquired a new position in shares of Agnico Eagle Mines during the 2nd quarter worth $31,000. Jessup Wealth Management Inc purchased a new stake in shares of Agnico Eagle Mines in the 4th quarter worth about $35,000. University of Texas Texas AM Investment Management Co. grew its stake in Agnico Eagle Mines by 64.7% in the 4th quarter. University of Texas Texas AM Investment Management Co. now owns 229 shares of the mining company's stock valued at $39,000 after acquiring an additional 90 shares during the last quarter. Finally, Banque Cantonale Vaudoise purchased a new position in Agnico Eagle Mines during the 4th quarter valued at about $39,000. Institutional investors and hedge funds own 68.34% of the company's stock.

About Agnico Eagle Mines

Agnico Eagle Mines Limited NYSE: AEM is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.

Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.

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