Should I buy or sell Agnico Eagle Mines stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Agnico Eagle Mines in the last year. There are currently 5 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 .

What is Agnico Eagle Mines' stock price target for 2024?

5 equities research analysts have issued 12-month price targets for Agnico Eagle Mines' stock. Their AEM share price targets range from C$62.00 to C$118.00. On average, they anticipate the company's share price to reach C$87.25 in the next year. This suggests a possible upside of 1.4% from the stock's current price. View analysts price targets for AEM or view top-rated stocks among Wall Street analysts .

How have AEM shares performed in 2024?

Agnico Eagle Mines' stock was trading at C$72.65 at the start of the year. Since then, AEM stock has increased by 18.5% and is now trading at C$86.08. View the best growth stocks for 2024 here .

When is Agnico Eagle Mines' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our AEM earnings forecast .

How were Agnico Eagle Mines' earnings last quarter?

Agnico Eagle Mines Limited (TSE:AEM) posted its earnings results on Thursday, February, 15th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.65 by $0.13. The business had revenue of $2.39 billion for the quarter, compared to analysts' expectations of $2.04 billion. Agnico Eagle Mines had a trailing twelve-month return on equity of 10.89% and a net margin of 29.29%.

How often does Agnico Eagle Mines pay dividends? What is the dividend yield for Agnico Eagle Mines?

Agnico Eagle Mines announced a quarterly dividend on Thursday, February 15th. Stockholders of record on Friday, March 1st will be given a dividend of 0.537 per share on Friday, March 15th. This represents a $2.15 annualized dividend and a dividend yield of 2.50%. The ex-dividend date of this dividend is Thursday, February 29th. Read our dividend analysis for AEM .

Is Agnico Eagle Mines a good dividend stock?

Agnico Eagle Mines (TSE:AEM) pays an annual dividend of C$2.15 per share and currently has a dividend yield of 2.54%. The dividend payout ratio is 39.74%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for AEM .

What other stocks do shareholders of Agnico Eagle Mines own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Agnico Eagle Mines investors own include Royal Gold (RGLD) , Tencent (TCEHY) , CVS Health (CVS) , Enbridge (ENB) , Intel (INTC) , Barrick Gold (ABX) , Costco Wholesale (COST) , Micron Technology (MU) , Suncor Energy (SU) and Toronto-Dominion Bank (TD) .

How do I buy shares of Agnico Eagle Mines?

Shares of AEM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:AEM

Agnico Eagle Mines (AEM) Stock Price, News & Analysis

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C$86.08

+0.78 (+0.91%)

(As of 04/17/2024 ET)

Compare

Today's Range: C$85.34
▼
C$86.88
50-Day Range: C$61.03
▼
C$86.08
52-Week Range: C$59.36
▼
C$88.27

Volume: 1.12 million shs
Average Volume: 1.45 million shs
Market Capitalization: C$42.89 billion

P/E Ratio: 15.91
Dividend Yield: 2.50%
Price Target: C$87.25

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Agnico Eagle Mines alerts:

Agnico Eagle Mines MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 1.4% Upside
C$87.25 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.07
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.90 out of 5 stars

1.5

Analyst's Opinion

Consensus Rating
Agnico Eagle Mines has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Agnico Eagle Mines has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for AEM.

1.7

Dividend Strength

Dividend Yield
Agnico Eagle Mines pays a meaningful dividend of 2.54%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Agnico Eagle Mines does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Agnico Eagle Mines is 39.74%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AEM.

2.8

News and Social Media Coverage

News Sentiment
Agnico Eagle Mines has a news sentiment score of 0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.35 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Agnico Eagle Mines this week, compared to 2 articles on an average week.
Search Interest
47 people have searched for AEM on MarketBeat in the last 30 days. This is an increase of 68% compared to the previous 30 days.
MarketBeat Follows
4 people have added Agnico Eagle Mines to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Agnico Eagle Mines insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.12% of the stock of Agnico Eagle Mines is held by insiders.
Percentage Held by Institutions
71.60% of the stock of Agnico Eagle Mines is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Agnico Eagle Mines is 15.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.29.
Price to Earnings Ratio vs. Sector
The P/E ratio of Agnico Eagle Mines is 15.91, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 140.64.
Price to Earnings Growth Ratio
Agnico Eagle Mines has a PEG Ratio of 22.97. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Agnico Eagle Mines has a P/B Ratio of 2.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Agnico Eagle Mines Stock (TSE:AEM)

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States. Agnico Eagle Mines Limited was incorporated in 1953 and is headquartered in Toronto, Canada.

AEM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AEM Stock News Headlines

April 18, 2024 | americanbankingnews.com

Agnico Eagle Mines (AEM) Set to Announce Earnings on Thursday

April 15, 2024 | benzinga.com

Decoding Agnico Eagle Mines's Options Activity: What's the Big Picture?

April 18, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

April 14, 2024 | americanbankingnews.com

Veritas Investment Research Increases Agnico Eagle Mines (TSE:AEM) Price Target to C$118.00

April 12, 2024 | finance.yahoo.com

Agnico Eagle Mines (AEM) Stock Moves -0.36%: What You Should Know

April 11, 2024 | americanbankingnews.com

Agnico Eagle Mines Limited (TSE:AEM) Receives Consensus Recommendation of "Buy" from Analysts

April 10, 2024 | benzinga.com

Agnico Eagle Mines Unusual Options Activity For April 10

April 10, 2024 | finance.yahoo.com

Agnico Eagle Stock In Buy Zone As The Price Of Gold Surges

April 18, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

March 31, 2024 | theglobeandmail.com

2 Buy-Rated Mining Stocks for Dividend Investors

March 29, 2024 | nasdaq.com

June 2026 Options Now Available For Agnico Eagle Mines (AEM)

March 25, 2024 | juniorminingnetwork.com

Agnico Eagle Mines Provides Notice Of Release Of First Quarter 2024 Results, Conference Call And Annual Meeting

March 25, 2024 | finance.yahoo.com

AGNICO EAGLE PROVIDES NOTICE OF RELEASE OF FIRST QUARTER 2024 RESULTS, CONFERENCE CALL AND ANNUAL MEETING

March 12, 2024 | nasdaq.com

Adrian Day: Gold Stocks More Undervalued Than Ever, Takeoff Will be Dramatic

March 7, 2024 | benzinga.com

Agnico Eagle Mines Unusual Options Activity For March 07

March 6, 2024 | msn.com

Why Agnico-Eagle Stock Rose 5% on Monday

February 29, 2024 | finanznachrichten.de

Agnico Eagle Mines Limited: Agnico Eagle Announces Purchase Of Common Shares Of Prism Resources Inc.

February 24, 2024 | finance.yahoo.com

Agnico Eagle Mines Limited (NYSE:AEM) Passed Our Checks, And It's About To Pay A US$0.40 Dividend

February 22, 2024 | forbes.com

5 Low P/E Ratio Stocks Paying 3%-Plus Dividends

February 22, 2024 | finance.yahoo.com

White Gold Corp. Discovers 1 km Long Gold-In-Soil Anomaly 9 km Northwest of Its VG Deposit, White Gold District, Yukon, Canada

February 21, 2024 | wsj.com

Agnico-Eagle Mines Ltd.

February 19, 2024 | uk.finance.yahoo.com

Agnico Eagle Mines Limited (AEM)

February 19, 2024 | msn.com

Agnico Eagle's (AEM) Q4 Earnings & Sales Surpass Estimates

February 16, 2024 | msn.com

Agnico Eagle Mines Stock Soars Higher on 10.5% Increase in Gold Reserves

February 16, 2024 | ca.finance.yahoo.com

Agnico Eagle Mines Limited (AEM.TO)

February 14, 2024 | benzinga.com

Agnico Eagle Mines Earnings Preview

February 8, 2024 | msn.com

Agnico Eagle Mines (AEM) Reports Next Week: Wall Street Expects Earnings Growth

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Company Calendar

Last Earnings: 2/15/2024
Ex-Dividend for 3/15 Dividend: 2/29/2024
Dividend Payable: 3/15/2024
Today: 4/17/2024
Next Earnings (Confirmed): 4/25/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Gold
Sub-Industry: N/A
Current Symbol: TSE:AEM
CUSIP: N/A
CIK: N/A
Web: www.agnicoeagle.com
Phone: +1-416-9471212
Fax: N/A
Employees: 10,125
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$87.25
High Stock Price Target: C$118.00
Low Stock Price Target: C$62.00
Potential Upside/Downside: +1.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$5.41
Trailing P/E Ratio: 15.91
Forward P/E Ratio: 25.05
P/E Growth: 22.97
Net Income: C$1.94 billion
Net Margins: 29.29%
Pretax Margin: N/A
Return on Equity: 10.89%
Return on Assets: 3.42%

Debt

Debt-to-Equity Ratio: 10.32
Current Ratio: 2.09
Quick Ratio: 0.89

Sales & Book Value

Annual Sales: C$6.63 billion
Price / Sales: 6.47
Cash Flow: C$2.37 per share
Price / Cash Flow: 36.39
Book Value: C$39.06 per share
Price / Book: 2.20

Miscellaneous

Outstanding Shares: 498,270,000
Free Float: N/A
Market Cap: C$42.89 billion
Optionable: Not Optionable
Beta: 1.07

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Key Executives

Mr. James R. Porter B.A.Sc.
CPA, CA, CPA, (Illinois), Executive VP of Finance & Chief Financial Officer
Mr. Jean Robitaille (Age 61)
Executive VP and Chief Strategy & Technology Officer
Comp: $1.4M
Ms. Natasha Nella Dominica Vaz MBA (Age 44)
P. Eng., Executive VP and COO of Ontario, Australia & Mexico
Comp: $1.46M
Mr. Ammar Al-Joundi M.B.A. (Age 60)
CEO, President & Director
Comp: $5.42M
Mr. Christopher Vollmershausen L.L.B.
Executive VP of Legal, General Counsel & Corporate Secretary
Mr. Peter J. Netupsky C.A. (Age 43)
C.F.A., CPA, Vice President of Corporate Development
Mr. Jason Allaire
Vice President of Health, Safety, Social Affairs & People
Mr. Dominique Girard B.Sc.
ENG., P.Eng., Executive VP and COO of Nunavut, Quebec & Europe
Ms. Carol-Ann Plummer-Theriault B.Sc.
Eng., P.Eng., Executive Vice President of Operational Excellence
Mr. Guy Gosselin Eng.
Ing, M.Sc., P.Eng., P.Geo., Executive Vice President of Exploration

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

Should I Buy Agnico Eagle Mines Stock? AEM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Agnico Eagle Mines Limited:

Agnico Eagle Mines reported strong earnings results, beating the consensus estimate, indicating a healthy financial performance.
The company has a solid net margin of 29.29% and a return on equity of 5.54%, showcasing efficient operations and profitability.
Agnico Eagle Mines recently announced a quarterly dividend, providing investors with a steady income stream.
Wall Street analysts have a positive outlook on the stock, with several analysts giving a "buy" rating and forecasting growth potential.
The company's revenue for the quarter showed a significant increase compared to the same period last year, demonstrating growth in its business.

Cons

Investors should be bearish about investing in Agnico Eagle Mines Limited for these reasons:

Despite positive analyst ratings, some analysts have lowered their target prices on the stock, indicating potential concerns about future performance.
The dividend payout ratio of 38.93% suggests a significant portion of earnings is being distributed as dividends, potentially limiting reinvestment for growth.
Market conditions for gold and silver ores, the industry in which Agnico Eagle Mines operates, can be volatile, impacting the company's financial stability.
Investors should consider the ex-dividend date and dividend yield when evaluating the attractiveness of Agnico Eagle Mines as an investment option.
Fluctuations in gold prices and global economic conditions can influence the profitability and stock performance of Agnico Eagle Mines.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Agnico Eagle Mines pros and cons to contact@marketbeat.com.

AEM Stock Analysis - Frequently Asked Questions

Should I buy or sell Agnico Eagle Mines stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Agnico Eagle Mines in the last year. There are currently 5 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.
What is Agnico Eagle Mines' stock price target for 2024?: 5 equities research analysts have issued 12-month price targets for Agnico Eagle Mines' stock. Their AEM share price targets range from C$62.00 to C$118.00. On average, they anticipate the company's share price to reach C$87.25 in the next year. This suggests a possible upside of 1.4% from the stock's current price.
View analysts price targets for AEM or view top-rated stocks among Wall Street analysts.
How have AEM shares performed in 2024?: Agnico Eagle Mines' stock was trading at C$72.65 at the start of the year. Since then, AEM stock has increased by 18.5% and is now trading at C$86.08.
View the best growth stocks for 2024 here.
When is Agnico Eagle Mines' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our AEM earnings forecast.
How were Agnico Eagle Mines' earnings last quarter?: Agnico Eagle Mines Limited (TSE:AEM) posted its earnings results on Thursday, February, 15th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.65 by $0.13. The business had revenue of $2.39 billion for the quarter, compared to analysts' expectations of $2.04 billion. Agnico Eagle Mines had a trailing twelve-month return on equity of 10.89% and a net margin of 29.29%.

How often does Agnico Eagle Mines pay dividends? What is the dividend yield for Agnico Eagle Mines?: Agnico Eagle Mines announced a quarterly dividend on Thursday, February 15th. Stockholders of record on Friday, March 1st will be given a dividend of 0.537 per share on Friday, March 15th. This represents a $2.15 annualized dividend and a dividend yield of 2.50%. The ex-dividend date of this dividend is Thursday, February 29th.
Read our dividend analysis for AEM.
Is Agnico Eagle Mines a good dividend stock?: Agnico Eagle Mines (TSE:AEM) pays an annual dividend of C$2.15 per share and currently has a dividend yield of 2.54%. The dividend payout ratio is 39.74%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for AEM.
What other stocks do shareholders of Agnico Eagle Mines own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Agnico Eagle Mines investors own include Royal Gold (RGLD), Tencent (TCEHY), CVS Health (CVS), Enbridge (ENB), Intel (INTC), Barrick Gold (ABX), Costco Wholesale (COST), Micron Technology (MU), Suncor Energy (SU) and Toronto-Dominion Bank (TD).
How do I buy shares of Agnico Eagle Mines?: Shares of AEM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:AEM) was last updated on 4/18/2024 by MarketBeat.com Staff

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Agnico Eagle Mines (AEM) Stock Price, News & Analysis

Agnico Eagle Mines MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Agnico Eagle Mines Stock (TSE:AEM)

AEM Stock Price History

AEM Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

Should I Buy Agnico Eagle Mines Stock? AEM Pros and Cons Explained

Pros

Cons

AEM Stock Analysis - Frequently Asked Questions

Overall MarketRank^™