Agnico Eagle Mines - AEM Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agnico Eagle Mines in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Agnico Eagle Mines stock.
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8 brokerages have issued twelve-month target prices for Agnico Eagle Mines' shares. Their AEM stock forecasts range from $62.00 to $97.00. On average, they expect Agnico Eagle Mines' stock price to reach $76.89 in the next year. This suggests a possible upside of 76.9% from the stock's current price.
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Agnico Eagle Mines' stock was trading at $53.14 at the start of the year. Since then, AEM stock has decreased by 18.2% and is now trading at $43.46.
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Agnico Eagle Mines is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
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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 analysts' consensus estimates of $0.61 by $0.01. The mining company had revenue of $974.07 million for the quarter, compared to analysts' expectations of $981.31 million. Agnico Eagle Mines had a net margin of 12.45% and a trailing twelve-month return on equity of 7.56%. The firm's quarterly revenue was down .7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.78 earnings per share.

Agnico Eagle Mines announced a quarterly dividend on Wednesday, July 27th. Stockholders of record on Thursday, September 1st will be given a dividend of $0.40 per share on Thursday, September 15th. This represents a $1.60 dividend on an annualized basis and a yield of 3.68%. The ex-dividend date of this dividend is Wednesday, August 31st.
View Agnico Eagle Mines' dividend history.

Agnico Eagle Mines(NYSE:AEM) pays an annual dividend of $1.60 per share and currently has a dividend yield of 3.68%. Agnico Eagle Mines does not yet have a strong track record of dividend growth. The dividend payout ratio of Agnico Eagle Mines is 90.91%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Agnico Eagle Mines will have a dividend payout ratio of 71.11% next year. This indicates that Agnico Eagle Mines will be able to sustain or increase its dividend.
View Agnico Eagle Mines' dividend history.

8 employees have rated Agnico Eagle Mines CEO Camerano Luca Valerio on Glassdoor.com. Camerano Luca Valerio has an approval rating of 87% among Agnico Eagle Mines' 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 a variety of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (4.40%), TD Asset Management Inc. (0.66%), Sumitomo Mitsui Trust Holdings Inc. (0.32%), Connor Clark & Lunn Investment Management Ltd. (0.29%), DekaBank Deutsche Girozentrale (0.24%) and Galibier Capital Management Ltd. (0.19%).

Shares of AEM 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 $43.46.

Agnico Eagle Mines (NYSE:AEM) has a market capitalization of $19.83 billion and generates $3.82 billion in revenue each year. The mining company earns $543.01 million in net income (profit) each year or $1.76 on an earnings per share basis.

Agnico Eagle Mines employs 11,838 workers across the globe.

Agnico Eagle Mines was founded in 1957.

Agnico Eagle Mines' mailing address is 145 KING STREET EAST SUITE 400, TORONTO A6, M5C 2Y7. The official website for Agnico Eagle Mines 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.