Stifel Canada Has Optimistic View of TSE:AEM FY2025 Earnings

Agnico Eagle Mines Limited (TSE:AEM - Free Report) NYSE: AEM - Equities research analysts at Stifel Canada increased their FY2025 earnings estimates for Agnico Eagle Mines in a research report issued to clients and investors on Monday, July 21st. Stifel Canada analyst R. Profiti now anticipates that the company will earn $9.29 per share for the year, up from their previous forecast of $8.40. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $5.50 per share. Stifel Canada also issued estimates for Agnico Eagle Mines' FY2026 earnings at $9.03 EPS.

A number of other research analysts have also commented on AEM. Stifel Nicolaus raised their price objective on shares of Agnico Eagle Mines from C$185.00 to C$195.00 in a research note on Monday, April 28th. UBS Group lowered Agnico Eagle Mines from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 31st. Raymond James Financial upgraded Agnico Eagle Mines to a "moderate buy" rating in a research report on Monday, June 30th. TD Securities upgraded Agnico Eagle Mines to a "strong-buy" rating in a report on Thursday, July 17th. Finally, Cfra Research raised Agnico Eagle Mines to a "strong-buy" rating in a research note on Friday, April 25th. One analyst has rated the stock with a hold rating, two have given a buy rating and five have given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Strong Buy" and an average price target of C$163.33.

Agnico Eagle Mines Price Performance

Shares of AEM stock traded up C$2.17 during midday trading on Thursday, reaching C$173.92. 933,524 shares of the company were exchanged, compared to its average volume of 1,033,000. The company's 50 day moving average price is C$164.34 and its two-hundred day moving average price is C$151.95. The company has a market cap of C$61.50 billion, a P/E ratio of 61.10, a PEG ratio of 22.97 and a beta of 1.10. Agnico Eagle Mines has a 12 month low of C$99.05 and a 12 month high of C$176.62. The company has a debt-to-equity ratio of 7.88, a quick ratio of 0.89 and a current ratio of 1.75.

Agnico Eagle Mines Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 16th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.92%. Agnico Eagle Mines's dividend payout ratio (DPR) is presently 76.24%.

Insider Buying and Selling at Agnico Eagle Mines

In related news, Senior Officer Jean Robitaille sold 11,904 shares of Agnico Eagle Mines stock in a transaction on Monday, June 2nd. The stock was sold at an average price of C$170.50, for a total value of C$2,029,632.00. Also, Senior Officer Ammar Al-Joundi sold 20,000 shares of the company's stock in a transaction on Monday, June 2nd. The shares were sold at an average price of C$169.00, for a total value of C$3,379,960.00. Over the last quarter, insiders sold 45,632 shares of company stock worth $7,657,810. 0.08% of the stock is owned by insiders.

Agnico Eagle Mines Company Profile

Agnico Eagle Mines is a gold miner operating mines in Canada, Mexico, and Finland. It also owns 50% of the Canadian Malartic mine. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines on line in rapid succession in the following years. The company produced more than 1.7 million gold ounces in 2020.