Agnico Eagle Mines - AEM Stock Forecast, Price & News

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

7 Wall Street analysts have issued 1 year price targets for Agnico Eagle Mines' stock. Their AEM share price forecasts range from $50.00 to $91.00. On average, they anticipate the company's share price to reach $73.22 in the next twelve months. This suggests a possible upside of 28.2% from the stock's current price.
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Agnico Eagle Mines' stock was trading at $51.99 on January 1st, 2023. Since then, AEM shares have increased by 9.8% and is now trading at $57.10.
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Agnico Eagle Mines saw a increase in short interest in January. As of January 15th, there was short interest totaling 13,320,000 shares, an increase of 6.9% from the December 31st total of 12,460,000 shares. Based on an average daily volume of 2,980,000 shares, the short-interest ratio is currently 4.5 days. Approximately 5.5% of the shares of the company are sold short.
View Agnico Eagle Mines' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our AEM earnings forecast.

Agnico Eagle Mines will be holding an earnings conference call on Friday, February 17th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-764-8677 with passcode "091417#".

Agnico Eagle Mines Limited (NYSE:AEM) issued its earnings results on Tuesday, October, 26th. The mining company reported $0.60 EPS for the quarter, missing the consensus estimate of $0.61 by $0.01. The mining company earned $974.07 million during the quarter, compared to the consensus estimate of $981.31 million. Agnico Eagle Mines had a trailing twelve-month return on equity of 6.80% and a net margin of 10.68%. The firm's revenue was down .7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.78 earnings per share.

Agnico Eagle Mines announced a quarterly dividend on Wednesday, October 26th. Shareholders of record on Thursday, December 1st will be given 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 2.80%. 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 2.76%. 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 75.83% 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 retail and institutional investors. Top institutional investors include National Bank of Canada FI (0.73%), Galibier Capital Management Ltd. (0.18%), Scout Investments Inc. (0.12%), QV Investors Inc. (0.09%), Nkcfo LLC (0.08%) and Capital Management Corp VA (0.06%).

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.
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One share of AEM stock can currently be purchased for approximately $57.10.

Agnico Eagle Mines (NYSE:AEM) has a market capitalization of $26.10 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.