Agnico Eagle Mines Stock Price, News & Analysis (NYSE:AEM) $51.24 -1.27 (-2.42%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$50.97▼$52.2950-Day Range$43.39▼$54.4052-Week Range$43.22▼$61.15Volume3.09 million shsAverage Volume2.68 million shsMarket Capitalization$25.44 billionP/E Ratio9.61Dividend Yield3.12%Price Target$70.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Agnico Eagle Mines MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside36.9% Upside$70.17 Price TargetShort InterestHealthy1.57% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-6.29Upright™ Environmental ScoreNews Sentiment1.30Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth12.68%From $2.13 to $2.40 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.53 out of 5 starsBasic Materials Sector41st out of 169 stocksGold & Silver Ores Industry8th out of 32 stocks 3.5 Analyst's Opinion Consensus RatingAgnico Eagle Mines has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $70.17, Agnico Eagle Mines has a forecasted upside of 36.9% from its current price of $51.24.Amount of Analyst CoverageAgnico Eagle Mines has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.57% of the float of Agnico Eagle Mines has been sold short.Short Interest Ratio / Days to CoverAgnico Eagle Mines has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Agnico Eagle Mines has recently increased by 4.17%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldAgnico Eagle Mines pays a meaningful dividend of 2.99%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAgnico Eagle Mines has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Agnico Eagle Mines is 30.02%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Agnico Eagle Mines will have a dividend payout ratio of 66.67% next year. This indicates that Agnico Eagle Mines will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAgnico Eagle Mines has received a -215.33% net impact score from Upright. The largest negative impact of Agnico Eagle Mines in category "GHG emissions" seems to be driven mostly by its "Copper", "Gold", and "Silver" products. See details.Environmental SustainabilityThe Environmental Impact score for Agnico Eagle Mines is -6.29. Previous Next 3.5 News and Social Media Coverage News SentimentAgnico Eagle Mines has a news sentiment score of 1.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Agnico Eagle Mines this week, compared to 4 articles on an average week.Search Interest25 people have searched for AEM on MarketBeat in the last 30 days. This is an increase of 79% compared to the previous 30 days.MarketBeat Follows16 people have added Agnico Eagle Mines to their MarketBeat watchlist in the last 30 days. This is an increase of 129% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Agnico Eagle Mines insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.51% of the stock of Agnico Eagle Mines is held by insiders.Percentage Held by Institutions59.37% of the stock of Agnico Eagle Mines is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Agnico Eagle Mines are expected to grow by 12.68% in the coming year, from $2.13 to $2.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Agnico Eagle Mines is 9.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.16.Price to Earnings Ratio vs. SectorThe P/E ratio of Agnico Eagle Mines is 9.61, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 88.90.Price to Earnings Growth RatioAgnico Eagle Mines has a PEG Ratio of 25.58. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAgnico Eagle Mines has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Agnico Eagle Mines Stock (NYSE:AEM)Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. 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. Agnico Eagle Mines Limited was incorporated in 1953 and is headquartered in Toronto, Canada.Read More AEM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AEM Stock News HeadlinesNovember 14, 2023 | marketbeat.comHave investors struck gold with Newmont's 4.7% yield? (AEM)Newmont’s 4.7% forward dividend yield and depressed stock price have presented a shiny opportunity for income investors.December 6, 2023 | americanbankingnews.comAgnico Eagle Mines Limited (NYSE:AEM) Given Consensus Rating of "Buy" by BrokeragesDecember 9, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 30, 2023 | americanbankingnews.comAgnico Eagle Mines (NYSE:AEM) PT Lowered to $66.00November 30, 2023 | americanbankingnews.comBrokers Issue Forecasts for Agnico Eagle Mines Limited's Q4 2023 Earnings (NYSE:AEM)November 29, 2023 | msn.comAgnico Eagle goes ex-dividend tomorrowNovember 29, 2023 | benzinga.comBehind the Scenes of Agnico Eagle Mines's Latest Options TrendsNovember 24, 2023 | msn.comWhy Is Agnico (AEM) Up 4.6% Since Last Earnings Report?December 9, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 22, 2023 | finance.yahoo.comWhat Do Agnico Eagle's Charts Tell Us About the Future of Gold?November 7, 2023 | seekingalpha.comMacro Developments Could Send Agnico Eagle Shares FlyingNovember 7, 2023 | seekingalpha.comAgnico Eagle: Is It Time To Invest For The Long Term?November 7, 2023 | seekingalpha.comAgnico Eagle: Tier One Assets, Strong Financials Makes This A BuyOctober 31, 2023 | finance.yahoo.com13 Best Canadian Stocks to Buy and HoldOctober 27, 2023 | finance.yahoo.comAgnico Eagle Mines Limited (NYSE:AEM) Q3 2023 Earnings Call TranscriptOctober 27, 2023 | finance.yahoo.comKITTILA COURT DECISION ISSUED - KITTILA'S OPERATING PERMIT RESTORED TO 2 MILLION TONNES PER ANNUM; TOTAL 2023 GOLD PRODUCTION NOW EXPECTED TO BE NEAR UPPER END OF ANNUAL GUIDANCE RANGEOctober 26, 2023 | finance.yahoo.comAgnico Eagle Mines Limited's (NYSE:AEM) Intrinsic Value Is Potentially 29% Above Its Share PriceOctober 26, 2023 | seekingalpha.comAgnico Eagle Mines Limited (AEM) Q3 2023 Earnings Conference Call TranscriptOctober 26, 2023 | seekingalpha.comAgnico Eagle: Another Solid Quarter Despite Detour DowntimeOctober 25, 2023 | finance.yahoo.comAGNICO EAGLE REPORTS THIRD QUARTER 2023 RESULTS - SOLID QUARTERLY GOLD PRODUCTION AND COST PERFORMANCE; WELL POSITIONED TO ACHIEVE ANNUAL COST GUIDANCE AND GOLD PRODUCTION ABOVE THE MID-POINT OF ANNUAL GUIDANCEOctober 12, 2023 | finance.yahoo.comPositive earnings growth hasn't been enough to get Agnico Eagle Mines (NYSE:AEM) shareholders a favorable return over the last three yearsOctober 6, 2023 | seekingalpha.comAgnico Eagle: Leading Gold Miner Is Well-Poised To Ride The Turnaround RobustlyOctober 4, 2023 | msn.comAgnico Eagle: Too Cheap To IgnoreSeptember 27, 2023 | finance.yahoo.comUnveiling Agnico Eagle Mines (AEM)'s Value: Is It Really Priced Right? A Comprehensive GuideSeptember 26, 2023 | finance.yahoo.comIs Agnico Eagle Mines Limited's (NYSE:AEM) Stock's Recent Performance A Reflection Of Its Financial Health?September 20, 2023 | seekingalpha.comAgnico Eagle Mines Limited (AEM) Gold Forum Americas 2023 (Transcript)September 18, 2023 | msn.comBetter Buy: Agnico Eagle Mines vs Nutrien StockSee More Headlines Receive AEM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Agnico Eagle Mines and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 9/15 Dividend8/31/2023Dividend Payable9/15/2023Last Earnings10/26/2023Ex-Dividend for 12/15 Dividend11/30/2023Today12/08/2023Dividend Payable12/15/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/15/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Gold & silver ores Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:AEM CUSIPN/A CIK2809 Webwww.agnicoeagle.com Phone(416) 947-1212Fax416-367-4681Employees16,105Year Founded1957Price Target and Rating Average Stock Price Target$70.17 High Stock Price Target$84.00 Low Stock Price Target$61.00 Potential Upside/Downside+36.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$5.33 Trailing P/E Ratio9.61 Forward P/E Ratio24.06 P/E Growth25.58Net Income$670.25 million Net Margins40.40% Pretax Margin47.10% Return on Equity5.26% Return on Assets3.58% Debt Debt-to-Equity Ratio0.10 Current Ratio1.99 Quick Ratio0.71 Sales & Book Value Annual Sales$6.25 billion Price / Sales4.07 Cash Flow$4.32 per share Price / Cash Flow11.85 Book Value$35.54 per share Price / Book1.44Miscellaneous Outstanding Shares496,542,000Free Float494,010,000Market Cap$25.44 billion OptionableOptionable Beta0.91 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Sean Boyd C.A. (Age 64)CPA, F.C.A., FCPA, Executive Chairman Comp: $9.99MMr. Ammar Al-Joundi M.B.A. (Age 59)CEO, President & Director Comp: $3.93MMr. Jean Robitaille (Age 60)Executive VP and Chief Strategy & Technology Officer Comp: $1.39MMr. Dominique Girard B.Sc.ENG., P.Eng., Executive VP and COO of Nunavut, Quebec & EuropeMr. James R. Porter B.A.Sc.CPA, CA, CPA, (Illinois), Executive VP of Finance & Chief Financial OfficerMr. Christopher Vollmershausen L.L.B.Executive VP of Legal, General Counsel & Corporate SecretaryMr. Peter J. Netupsky C.A. (Age 42)C.F.A., CPA, Vice President of Corporate Development Mr. Jason AllaireVice President of Health, Safety, Social Affairs & PeopleMr. Guy Gosselin Eng.Ing, M.Sc., P.Eng., P.Geo., Executive Vice President of ExplorationMs. Natasha Nella Dominica Vaz MBA (Age 43)P. Eng., Executive VP and COO of Ontario, Australia & Mexico More ExecutivesKey CompetitorsBarrick GoldNYSE:GOLDWheaton Precious MetalsNYSE:WPMNewmontNYSE:NEMFranco-NevadaNYSE:FNVGold FieldsNYSE:GFIView All CompetitorsInstitutional OwnershipCitigroup Inc.Sold 2,947 shares on 12/6/2023Ownership: 0.022%Wellington Management Group LLPBought 34,072 shares on 12/1/2023Ownership: 0.127%B. Riley Wealth Advisors Inc.Sold 4,054 shares on 12/1/2023Ownership: 0.037%American Century Companies Inc.Sold 130,284 shares on 11/30/2023Ownership: 0.161%Modera Wealth Management LLCBought 5,750 shares on 11/30/2023Ownership: 0.001%View All Institutional Transactions Should I Buy Agnico Eagle Mines Stock? AEM Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Agnico Eagle Mines was last updated on Tuesday, November 28, 2023 at 1:32 PM. Pros Here are some ways that investors could benefit from investing in Agnico Eagle Mines Limited: Agnico Eagle Mines had a net margin of 40.40%, indicating strong profitability. The company had a return on equity of 5.26%, suggesting efficient use of shareholder's investments. Agnico Eagle Mines's quarterly revenue was up 13.3% on a year-over-year basis, indicating growth in the business. The company recently declared a quarterly dividend, with a dividend yield of 3.21%, providing potential income for investors. The company operates mines in Canada, Australia, Finland, and Mexico, with exploration and development activities in various regions, offering geographic diversification. Cons Investors should be bearish about investing in Agnico Eagle Mines Limited for these reasons: The company's dividend payout ratio is currently 30.02%, which may limit future dividend growth. The gold and silver ores industry can be subject to price volatility, which may impact the company's financial performance. Investing in mining companies carries inherent risks related to exploration, production, and regulatory challenges. The company's stock price may be influenced by macroeconomic factors, such as changes in gold prices or global economic conditions. Investors should carefully consider their risk tolerance and investment objectives before investing in Agnico Eagle Mines Limited. AEM Stock Analysis - Frequently Asked Questions Should I buy or sell Agnico Eagle Mines stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agnico Eagle Mines in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AEM shares. View AEM analyst ratings or view top-rated stocks. What is Agnico Eagle Mines' stock price target for 2024? 6 equities research analysts have issued 1-year price targets for Agnico Eagle Mines' stock. Their AEM share price targets range from $61.00 to $84.00. On average, they anticipate the company's stock price to reach $70.17 in the next twelve months. This suggests a possible upside of 36.9% from the stock's current price. View analysts price targets for AEM or view top-rated stocks among Wall Street analysts. How have AEM shares performed in 2023? Agnico Eagle Mines' stock was trading at $51.99 at the beginning of 2023. Since then, AEM stock has decreased by 1.4% and is now trading at $51.24. View the best growth stocks for 2023 here. Are investors shorting Agnico Eagle Mines? Agnico Eagle Mines saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 7,440,000 shares, a drop of 11.3% from the October 15th total of 8,390,000 shares. Based on an average daily trading volume, of 2,460,000 shares, the days-to-cover ratio is currently 3.0 days. Currently, 1.5% of the company's stock are sold short. View Agnico Eagle Mines' Short Interest. When is Agnico Eagle Mines' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024. View our AEM earnings forecast. How were Agnico Eagle Mines' earnings last quarter? Agnico Eagle Mines Limited (NYSE:AEM) issued its quarterly earnings results on Thursday, October, 26th. The mining company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.43 by $0.01. The mining company earned $1.64 billion during the quarter, compared to analyst estimates of $1.64 billion. Agnico Eagle Mines had a net margin of 40.40% and a trailing twelve-month return on equity of 5.26%. The company's revenue for the quarter was up 13.3% on a year-over-year basis. During the same period last year, the company earned $0.52 EPS. How often does Agnico Eagle Mines pay dividends? What is the dividend yield for Agnico Eagle Mines? Agnico Eagle Mines declared a quarterly dividend on Wednesday, October 25th. Stockholders of record on Friday, December 1st will be paid a dividend of $0.40 per share on Friday, December 15th. This represents a $1.60 dividend on an annualized basis and a yield of 3.12%. The ex-dividend date of this dividend is Thursday, November 30th. Read our dividend analysis for AEM. Is Agnico Eagle Mines a good dividend stock? Agnico Eagle Mines (NYSE:AEM) pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.99%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 30.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AEM will have a dividend payout ratio of 66.67% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AEM. What ETF holds Agnico Eagle Mines' stock ? iShares North American Natural Resources ETF holds 122,828 shares of AEM stock, representing 1.01% of its portfolio. What is Camerano Luca Valerio's approval rating as Agnico Eagle Mines' CEO? 8 employees have rated Agnico Eagle Mines Chief Executive Officer Camerano Luca Valerio on Glassdoor.com. Camerano Luca Valerio has an approval rating of 87% among the company's employees. What other stocks do shareholders of Agnico Eagle Mines own? Based on aggregate information from My MarketBeat watchlists, some companies that other Agnico Eagle Mines investors own include Barrick Gold (GOLD), Newmont (NEM), NVIDIA (NVDA), Royal Gold (RGLD), Micron Technology (MU), Wheaton Precious Metals (WPM), Cisco Systems (CSCO), Intel (INTC), Advanced Micro Devices (AMD) and Alibaba Group (BABA). Who are Agnico Eagle Mines' major shareholders? Agnico Eagle Mines' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (4.24%), Massachusetts Financial Services Co. MA (2.78%), Deutsche Bank AG (2.66%), Deutsche Bank AG (2.65%), Mackenzie Financial Corp (1.97%) and The Manufacturers Life Insurance Company (1.69%). How do I buy shares of Agnico Eagle Mines? Shares of AEM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. Does Agnico Eagle Mines have any subsidiaries? The following companies are subsidiares of Agnico Eagle Mines: Agnico Eagle (usa) Limited, Agnico Eagle Finland Oy, Agnico Eagle Mines Limited, Agnico Sonora S.A. de C.V., Grayd Resource Corporation, Meliadine Holdings Inc, Servicios Agnico del Pacifico S.A. de C.V., and Servicios Pinos Altos S.A. de C.V..Read More This page (NYSE:AEM) was last updated on 12/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Agnico Eagle Mines Limited Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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