Equities Analysts Offer Predictions for AEM FY2025 Earnings

Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM - Stock analysts at National Bank Financial lifted their FY2025 EPS estimates for Agnico Eagle Mines in a report released on Tuesday, July 15th. National Bank Financial analyst S. Nagle now forecasts that the mining company will post earnings per share of $7.52 for the year, up from their previous estimate of $6.54. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $4.63 per share. National Bank Financial also issued estimates for Agnico Eagle Mines' FY2026 earnings at $8.12 EPS.

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

A number of other equities research analysts have also weighed in on AEM. TD Securities upgraded shares of Agnico Eagle Mines to a "strong-buy" rating in a report on Thursday. Citigroup lifted their price objective on shares of Agnico Eagle Mines from $100.00 to $140.00 and gave the company a "buy" rating in a report on Monday, March 31st. National Bankshares reiterated an "outperform" rating on shares of Agnico Eagle Mines in a report on Tuesday, June 24th. Bank of America lifted their price objective on shares of Agnico Eagle Mines from $170.00 to $173.00 and gave the company a "buy" rating in a report on Monday, June 23rd. Finally, Cfra Research upgraded shares of Agnico Eagle Mines to a "strong-buy" rating in a report on Friday, April 25th. Two 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 data from MarketBeat.com, Agnico Eagle Mines has an average rating of "Buy" and an average target price of $136.90.

Agnico Eagle Mines Price Performance

Shares of NYSE:AEM traded down $0.89 on Friday, reaching $117.72. The company's stock had a trading volume of 1,872,910 shares, compared to its average volume of 2,618,928. Agnico Eagle Mines has a 52-week low of $69.72 and a 52-week high of $126.76. The company has a market cap of $59.19 billion, a P/E ratio of 25.05, a PEG ratio of 0.86 and a beta of 0.50. The company has a 50-day simple moving average of $117.99 and a 200 day simple moving average of $107.15. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.20 and a current ratio of 2.37.

Agnico Eagle Mines Announces Dividend

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

Hedge Funds Weigh In On Agnico Eagle Mines

Several hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in Agnico Eagle Mines by 11.5% in the 4th quarter. Brighton Jones LLC now owns 3,216 shares of the mining company's stock valued at $252,000 after buying an additional 331 shares during the last quarter. Proficio Capital Partners LLC bought a new position in Agnico Eagle Mines in the fourth quarter valued at approximately $814,000. Natixis Advisors LLC boosted its stake in shares of Agnico Eagle Mines by 7.1% during the 4th quarter. Natixis Advisors LLC now owns 92,792 shares of the mining company's stock worth $7,257,000 after acquiring an additional 6,171 shares during the period. Corient Private Wealth LLC boosted its stake in shares of Agnico Eagle Mines by 117.8% during the 4th quarter. Corient Private Wealth LLC now owns 23,623 shares of the mining company's stock worth $1,848,000 after acquiring an additional 12,777 shares during the period. Finally, Signaturefd LLC boosted its stake in shares of Agnico Eagle Mines by 3.2% during the 4th quarter. Signaturefd LLC now owns 9,519 shares of the mining company's stock worth $744,000 after acquiring an additional 292 shares during the period. 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.