What is Erste Group Bank's Forecast for AEM FY2026 Earnings?

Key Points

• Erste Group cut its FY2026 EPS forecast for Agnico Eagle Mines to $13.27 (down from $14.20) and assigned the stock a Hold rating, while projecting FY2027 EPS of $14.12.
• Erste's FY2026 estimate is slightly above the market consensus of $12.98 per share.
• Agnico recently beat quarterly EPS and revenue expectations (Q: $2.69 EPS vs $2.56 expected; revenue up 60.3% year-over-year) and raised its quarterly dividend to $0.45 ($1.80 annualized, ~1.0% yield).

Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM - Equities research analysts at Erste Group Bank decreased their FY2026 earnings per share (EPS) estimates for shares of Agnico Eagle Mines in a note issued to investors on Monday, April 27th. Erste Group Bank analyst H. Engel now expects that the mining company will earn $13.27 per share for the year, down from their previous forecast of $14.20. Erste Group Bank has a "Hold" rating on the stock. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $12.98 per share. Erste Group Bank also issued estimates for Agnico Eagle Mines' FY2027 earnings at $14.12 EPS.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last posted its quarterly earnings results on Thursday, February 12th. The mining company reported $2.69 EPS for the quarter, beating the consensus estimate of $2.56 by $0.13. The firm had revenue of $3.53 billion during the quarter, compared to analysts' expectations of $3.40 billion. Agnico Eagle Mines had a return on equity of 18.09% and a net margin of 37.47%.The company's revenue for the quarter was up 60.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.26 EPS.

Other equities research analysts have also issued reports about the company. Zacks Research lowered Agnico Eagle Mines from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 30th. Citigroup upped their price objective on Agnico Eagle Mines from $198.00 to $256.00 and gave the company a "buy" rating in a research note on Thursday, January 15th. UBS Group lowered their price objective on Agnico Eagle Mines from $240.00 to $210.00 and set a "neutral" rating on the stock in a research note on Friday, March 27th. Weiss Ratings upgraded Agnico Eagle Mines from a "buy (b+)" rating to a "buy (a-)" rating in a research note on Monday, April 13th. Finally, Scotiabank reiterated an "outperform" rating and issued a $280.00 price objective on shares of Agnico Eagle Mines in a research note on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat, Agnico Eagle Mines currently has a consensus rating of "Moderate Buy" and a consensus price target of $239.36.

Agnico Eagle Mines Trading Down 3.1%

Agnico Eagle Mines stock opened at $183.27 on Thursday. Agnico Eagle Mines has a 12 month low of $103.38 and a 12 month high of $255.24. The stock has a market cap of $91.74 billion, a price-to-earnings ratio of 20.64, a price-to-earnings-growth ratio of 9.91 and a beta of 0.71. The business has a 50 day moving average price of $212.49 and a two-hundred day moving average price of $191.78. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.01.

Institutional Investors Weigh In On Agnico Eagle Mines

Large investors have recently bought and sold shares of the business. Acumen Wealth Advisors LLC bought a new stake in Agnico Eagle Mines during the 4th quarter worth approximately $26,000. True Wealth Design LLC grew its position in Agnico Eagle Mines by 381.3% during the 3rd quarter. True Wealth Design LLC now owns 154 shares of the mining company's stock worth $26,000 after acquiring an additional 122 shares during the last quarter. Blue Bell Private Wealth Management LLC grew its position in Agnico Eagle Mines by 59.7% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 198 shares of the mining company's stock worth $33,000 after acquiring an additional 74 shares during the last quarter. MCF Advisors LLC bought a new stake in Agnico Eagle Mines during the 3rd quarter worth approximately $34,000. Finally, Lodestone Wealth Management LLC bought a new stake in Agnico Eagle Mines during the 4th quarter worth approximately $35,000. 68.34% of the stock is currently owned by institutional investors.

Agnico Eagle Mines Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were given a dividend of $0.45 per share. This is a boost from Agnico Eagle Mines's previous quarterly dividend of $0.40. The ex-dividend date was Monday, March 2nd. This represents a $1.80 dividend on an annualized basis and a yield of 1.0%. Agnico Eagle Mines's dividend payout ratio is currently 20.27%.

About Agnico Eagle Mines

Agnico Eagle Mines Limited NYSE: AEM is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.

Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.

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