Stifel Canada Has Positive Forecast for AEM FY2025 Earnings

Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM - Equities researchers at Stifel Canada upped their FY2025 earnings estimates for Agnico Eagle Mines in a research report issued on Monday, July 21st. Stifel Canada analyst R. Profiti now expects that the mining company will post earnings per share of $6.78 for the year, up from their prior estimate of $6.18. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $4.63 per share. Stifel Canada also issued estimates for Agnico Eagle Mines' FY2027 earnings at $6.39 EPS.

Several other equities analysts have also issued reports on the company. Lake Street Capital reaffirmed a "buy" rating on shares of Agnico Eagle Mines in a research report on Monday, June 23rd. Royal Bank Of Canada lifted their target price on shares of Agnico Eagle Mines from $115.00 to $145.00 and gave the stock an "outperform" rating in a report on Wednesday, June 4th. Bank of America upped their target price on shares of Agnico Eagle Mines from $170.00 to $173.00 and gave the stock a "buy" rating in a research note on Monday, June 23rd. Raymond James Financial raised shares of Agnico Eagle Mines to a "moderate buy" rating and set a $130.00 price target for the company in a research report on Monday, June 30th. Finally, UBS Group upped their price objective on Agnico Eagle Mines from $110.00 to $115.00 and gave the company a "neutral" rating in a research report on Friday, April 11th. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and five have given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $136.90.

Agnico Eagle Mines Stock Up 0.9%

Agnico Eagle Mines stock traded up $1.17 during mid-day trading on Thursday, hitting $126.96. The company had a trading volume of 3,436,973 shares, compared to its average volume of 2,336,318. Agnico Eagle Mines has a 12 month low of $69.72 and a 12 month high of $129.77. The company has a market capitalization of $63.84 billion, a PE ratio of 27.01, a price-to-earnings-growth ratio of 0.91 and a beta of 0.50. The stock's 50 day moving average price is $120.00 and its two-hundred day moving average price is $108.53. The company has a current ratio of 2.37, a quick ratio of 1.20 and a debt-to-equity ratio of 0.05.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last posted its quarterly earnings results on Thursday, April 24th. The mining company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.14. The company had revenue of $2.38 billion for the quarter, compared to the consensus estimate of $2.27 billion. Agnico Eagle Mines had a return on equity of 12.09% and a net margin of 26.48%. The firm's quarterly revenue was up 34.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.76 EPS.

Agnico Eagle Mines Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 2nd were given a dividend of $0.40 per share. This represents a yield of 1.36%. The ex-dividend date was Friday, May 30th. Agnico Eagle Mines's dividend payout ratio (DPR) is presently 34.04%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Ameritas Advisory Services LLC bought a new position in shares of Agnico Eagle Mines in the 2nd quarter worth approximately $25,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Agnico Eagle Mines during the first quarter valued at approximately $26,000. Cary Street Partners Investment Advisory LLC bought a new position in Agnico Eagle Mines in the first quarter worth approximately $26,000. Private Trust Co. NA boosted its stake in shares of 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 acquiring an additional 232 shares during the last quarter. Finally, Golden State Wealth Management LLC bought a new stake in shares of Agnico Eagle Mines during the 1st quarter valued at $34,000. 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.