Agnico Eagle Mines - AEM Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agnico Eagle Mines in the last twelve months. 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.

6 analysts have issued 12-month price objectives for Agnico Eagle Mines' stock. Their AEM share price forecasts range from $50.00 to $91.00. On average, they predict the company's stock price to reach $70.50 in the next twelve months. This suggests a possible upside of 42.5% 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 $51.99 at the beginning of 2023. Since then, AEM shares have decreased by 4.8% and is now trading at $49.47.
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Agnico Eagle Mines saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 24,580,000 shares, an increase of 45.6% from the February 13th total of 16,880,000 shares. Based on an average daily volume of 2,810,000 shares, the short-interest ratio is currently 8.7 days. Currently, 10.2% 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, April 27th 2023.
View our AEM earnings forecast.

Agnico Eagle Mines will be holding an earnings conference call on Friday, April 28th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-764-8677 with passcode "175235 #".

Agnico Eagle Mines Limited (NYSE:AEM) posted its earnings results on Friday, February, 17th. The mining company reported $0.41 EPS for the quarter, beating analysts' consensus estimates of $0.39 by $0.02. The mining company earned $1.38 billion during the quarter, compared to analysts' expectations of $1.42 billion. Agnico Eagle Mines had a net margin of 11.67% and a trailing twelve-month return on equity of 6.18%. The company's revenue for the quarter was up 45.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.46 EPS.

Agnico Eagle Mines declared a quarterly dividend on Thursday, February 16th. Stockholders of record on Wednesday, March 1st will be given a dividend of $0.40 per share on Wednesday, March 15th. This represents a $1.60 annualized dividend and a yield of 3.23%. The ex-dividend date of this dividend is Tuesday, February 28th.
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 3.15%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 106.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AEM will have a dividend payout ratio of 72.40% next year. This indicates that the company will be able to sustain or increase its 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 a number of institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (4.83%), Deutsche Bank AG (2.76%), Mackenzie Financial Corp (2.16%), Amundi (1.66%), Flossbach Von Storch AG (1.45%) and First Eagle Investment Management LLC (1.31%).

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 $49.47.

Agnico Eagle Mines (NYSE:AEM) has a market capitalization of $22.63 billion and generates $5.74 billion in revenue each year. The mining company earns $670.25 million in net income (profit) each year or $1.50 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.