Q1 EPS Estimates for AEM Raised by Raymond James Financial

Key Points

• Raymond James Financial has raised its Q1 2026 earnings per share estimate for Agnico Eagle Mines from $1.63 to $1.86 and maintains a "Moderate Buy" rating with a target price of $130.00.
• The most recent earnings report showed Agnico Eagle Mines surpassing expectations with an EPS of $1.94, significantly higher than the consensus estimate of $1.83, alongside a revenue increase of 35.6% year-over-year.
• Agnico Eagle Mines has garnered positive ratings from multiple analysts, with five rating it as a "Strong Buy" and an average target price of $136.90, reflecting strong institutional interest with 68.34% of shares held by hedge funds and other investors.

Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM - Equities research analysts at Raymond James Financial increased their Q1 2026 earnings per share estimates for Agnico Eagle Mines in a research note issued to investors on Wednesday, August 20th. Raymond James Financial analyst J. Elliott now forecasts that the mining company will earn $1.86 per share for the quarter, up from their prior estimate of $1.63. Raymond James Financial currently has a "Moderate Buy" rating and a $130.00 target price on the stock. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $4.63 per share. Raymond James Financial also issued estimates for Agnico Eagle Mines' Q2 2026 earnings at $1.86 EPS, Q3 2026 earnings at $1.86 EPS and Q4 2026 earnings at $1.85 EPS.

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

Several other analysts have also commented on the company. CIBC reissued an "outperform" rating on shares of Agnico Eagle Mines in a report on Tuesday, July 15th. Lake Street Capital reissued a "buy" rating on shares of Agnico Eagle Mines in a report on Monday, June 23rd. National Bankshares reissued an "outperform" rating on shares of Agnico Eagle Mines in a report on Tuesday, June 24th. Bank of America raised their price objective on Agnico Eagle Mines from $170.00 to $173.00 and gave the company a "buy" rating in a report on Monday, June 23rd. Finally, TD Securities raised Agnico Eagle Mines to a "strong-buy" rating in a report on Thursday, July 17th. Five investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $136.90.

Agnico Eagle Mines Stock Up 0.6%

Shares of AEM opened at $137.0970 on Monday. The company has a current ratio of 2.03, a quick ratio of 1.16 and a debt-to-equity ratio of 0.03. Agnico Eagle Mines has a 12 month low of $75.17 and a 12 month high of $138.02. The stock's 50 day moving average is $125.39 and its two-hundred day moving average is $114.81. The firm has a market cap of $68.94 billion, a P/E ratio of 23.32, a PEG ratio of 0.95 and a beta of 0.44.

Hedge Funds Weigh In On Agnico Eagle Mines

A number of institutional investors have recently added to or reduced their stakes in the stock. Evergreen Capital Management LLC lifted its position in Agnico Eagle Mines by 0.9% during the second quarter. Evergreen Capital Management LLC now owns 8,232 shares of the mining company's stock worth $979,000 after buying an additional 77 shares in the last quarter. Brown Advisory Inc. increased its stake in Agnico Eagle Mines by 2.4% during the second quarter. Brown Advisory Inc. now owns 3,378 shares of the mining company's stock worth $402,000 after acquiring an additional 79 shares during the last quarter. Royal London Asset Management Ltd. increased its stake in Agnico Eagle Mines by 0.3% during the second quarter. Royal London Asset Management Ltd. now owns 23,837 shares of the mining company's stock worth $2,835,000 after acquiring an additional 79 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake 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 worth $618,000 after acquiring an additional 85 shares during the last quarter. Finally, Cadinha & Co. LLC increased its stake in Agnico Eagle Mines by 2.8% during the second quarter. Cadinha & Co. LLC now owns 3,211 shares of the mining company's stock worth $382,000 after acquiring an additional 86 shares during the last quarter. Hedge funds and other institutional investors own 68.34% of the company's stock.

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.

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