Agnico Eagle Mines - AEM Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Agnico Eagle Mines in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AEM shares.
View AEM analyst ratings or view top-rated stocks.

7 brokers have issued 1 year price targets for Agnico Eagle Mines' shares. Their AEM share price forecasts range from $50.00 to $91.00. On average, they anticipate the company's stock price to reach $71.67 in the next twelve months. This suggests a possible upside of 38.7% from the stock's current price.
View analysts price targets for AEM or view top-rated stocks among Wall Street analysts.

Agnico Eagle Mines' stock was trading at $53.14 at the beginning of the year. Since then, AEM stock has decreased by 2.8% and is now trading at $51.66.
View the best growth stocks for 2022 here.

Agnico Eagle Mines saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 13,810,000 shares, an increase of 20.9% from the October 31st total of 11,420,000 shares. Based on an average daily trading volume, of 3,050,000 shares, the short-interest ratio is currently 4.5 days. Currently, 5.7% of the company's shares are short sold.
View Agnico Eagle Mines' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our AEM earnings forecast.

Agnico Eagle Mines Limited (NYSE:AEM) announced its quarterly earnings data on Wednesday, October, 26th. The mining company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.09. The mining company earned $1.45 billion during the quarter, compared to analyst estimates of $1.43 billion. Agnico Eagle Mines had a net margin of 10.68% and a trailing twelve-month return on equity of 6.80%. The firm's revenue was up 47.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.60 EPS.

Agnico Eagle Mines announced a quarterly dividend on Wednesday, October 26th. Investors of record on Thursday, December 1st will be paid a dividend of $0.40 per share on Thursday, December 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date is Wednesday, November 30th.
Read our dividend analysis for AEM.

Agnico Eagle Mines (NYSE:AEM) pays an annual dividend of $1.60 per share and currently has a dividend yield of 3.08%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 109.59%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, AEM will have a dividend payout ratio of 76.56% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for AEM.

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.

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).

Agnico Eagle Mines trades on the New York Stock Exchange (NYSE) under the ticker symbol "AEM."

Agnico Eagle Mines' stock is owned by many different institutional and retail investors. Top institutional investors include Van ECK Associates Corp (4.46%), Vanguard Group Inc. (3.51%), Massachusetts Financial Services Co. MA (2.81%), Mackenzie Financial Corp (1.90%), Flossbach Von Storch AG (1.59%) and The Manufacturers Life Insurance Company (1.29%).

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.

One share of AEM stock can currently be purchased for approximately $51.66.

Agnico Eagle Mines (NYSE:AEM) has a market capitalization of $23.55 billion and generates $3.82 billion in revenue each year. The mining company earns $543.01 million in net income (profit) each year or $1.46 on an earnings per share basis.

The company employs 11,838 workers across the globe.

Agnico Eagle Mines' mailing address is 145 KING STREET EAST SUITE 400, TORONTO A6, M5C 2Y7. The official website for the company is www.agnicoeagle.com. The mining company can be reached via phone at (416) 947-1212, via email at info@agnicoeagle.com, or via fax at 416-367-4681.