Research Analysts Offer Predictions for AEM FY2026 Earnings

Key Points

• National Bank Financial has raised its FY2026 earnings per share estimate for Agnico Eagle Mines to $8.13, a slight increase from the previous estimate of $8.12.
• Agnico Eagle Mines has received multiple positive ratings from analysts, with Royal Bank of Canada increasing its price target to $145.00 and Cfra Research upgrading the stock to a "strong-buy" rating.
• The company reported a quarterly earnings of $1.94 per share, exceeding analysts' estimates by $0.11 and showing a 35.6% year-over-year revenue increase.

Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM - Analysts at National Bank Financial raised their FY2026 earnings estimates for Agnico Eagle Mines in a research note issued to investors on Thursday, July 31st. National Bank Financial analyst S. Nagle now forecasts that the mining company will earn $8.13 per share for the year, up from their previous estimate of $8.12. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $4.63 per share.

A number of other analysts have also recently issued reports on the stock. CIBC restated an "outperform" rating on shares of Agnico Eagle Mines in a research note on Tuesday, July 15th. National Bankshares reaffirmed an "outperform" rating on shares of Agnico Eagle Mines in a research report on Tuesday, June 24th. BMO Capital Markets began coverage on shares of Agnico Eagle Mines in a research report on Wednesday, April 16th. They set an "outperform" rating and a $181.00 price target on the stock. Raymond James Financial raised shares of Agnico Eagle Mines to a "moderate buy" rating and set a $130.00 price target on the stock in a research report on Monday, June 30th. Finally, UBS Group raised their target price on shares of Agnico Eagle Mines from $110.00 to $115.00 and gave the company a "neutral" rating in a report on Friday, April 11th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and five have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $136.90.

Agnico Eagle Mines Stock Performance

Shares of NYSE AEM traded up $3.16 during mid-day trading on Monday, reaching $134.55. 3,338,235 shares of the company were exchanged, compared to its average volume of 2,671,005. The company's 50-day simple moving average is $121.36 and its 200-day simple moving average is $110.63. The company has a quick ratio of 1.16, a current ratio of 2.03 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $67.65 billion, a P/E ratio of 22.88, a P/E/G ratio of 0.91 and a beta of 0.44. Agnico Eagle Mines has a twelve month low of $71.93 and a twelve month high of $134.93.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last issued its quarterly earnings data on Wednesday, July 30th. The mining company reported $1.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.11. Agnico Eagle Mines had a net margin of 30.63% and a return on equity of 13.79%. The company had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.46 billion. During the same quarter in the prior year, the firm earned $1.07 earnings per share. The firm's revenue was up 35.6% compared to the same quarter last year.

Agnico Eagle Mines Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 2nd were paid a dividend of $0.40 per share. This represents a yield of 136.0%. The ex-dividend date was Friday, May 30th. Agnico Eagle Mines's payout ratio is 27.21%.

Institutional Trading of Agnico Eagle Mines

A number of hedge funds and other institutional investors have recently bought and sold shares of AEM. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in Agnico Eagle Mines by 1.5% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 5,702 shares of the mining company's stock valued at $618,000 after purchasing an additional 85 shares during the last quarter. Cadinha & Co. LLC lifted its holdings in shares of Agnico Eagle Mines by 2.8% in the second quarter. Cadinha & Co. LLC now owns 3,211 shares of the mining company's stock worth $382,000 after buying an additional 86 shares in the last quarter. Hexagon Capital Partners LLC lifted its holdings in shares of Agnico Eagle Mines by 31.1% in the first quarter. Hexagon Capital Partners LLC now owns 367 shares of the mining company's stock worth $40,000 after buying an additional 87 shares in the last quarter. Benjamin Edwards Inc. lifted its holdings in shares of Agnico Eagle Mines by 2.0% in the fourth quarter. Benjamin Edwards Inc. now owns 5,472 shares of the mining company's stock worth $428,000 after buying an additional 106 shares in the last quarter. Finally, City State Bank raised its stake in Agnico Eagle Mines by 69.2% in the second quarter. City State Bank now owns 269 shares of the mining company's stock valued at $32,000 after purchasing an additional 110 shares in the last quarter. Institutional investors own 68.34% 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.