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 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.

6 analysts have issued 1-year price objectives for Agnico Eagle Mines' stock. Their AEM share price forecasts range from $50.00 to $91.00. On average, they expect the company's stock price to reach $72.89 in the next year. This suggests a possible upside of 39.0% 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 start of the year. Since then, AEM stock has increased by 0.9% and is now trading at $52.44.
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Agnico Eagle Mines saw a increase in short interest during the month of 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 trading volume of 2,980,000 shares, the short-interest ratio is presently 4.5 days. Approximately 5.5% of the company's shares 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) announced its earnings results on Tuesday, October, 26th. The mining company reported $0.60 earnings per share (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 analyst estimates 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 business's revenue was down .7% compared to the same quarter last year. During the same period last year, the firm posted $0.78 EPS.

Agnico Eagle Mines declared 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 annualized dividend and a dividend yield of 3.05%. The ex-dividend date of this dividend 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 2.91%. 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 76.19% 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 shareholders include National Bank of Canada FI (0.73%), Sumitomo Mitsui Trust Holdings Inc. (0.31%), DekaBank Deutsche Girozentrale (0.25%), Galibier Capital Management Ltd. (0.18%), Cambiar Investors LLC (0.13%) and Scout Investments Inc. (0.12%).

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 $52.44.

Agnico Eagle Mines (NYSE:AEM) has a market capitalization of $23.97 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.