TSE:AEM

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

C$68.31

-0.71 (-1.03%)

(As of 05/30/2023 ET)

Compare

Today's Range: C$67.79
▼
C$69.64
50-Day Range: C$67.88
▼
C$81.75
52-Week Range: C$48.88
▼
C$82.90

Volume: 1.27 million shs
Average Volume: 1.79 million shs
Market Capitalization: C$33.77 billion

P/E Ratio: 9.73
Dividend Yield: 3.13%
Price Target: C$79.31

Agnico Eagle Mines MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 16.1% Upside
C$79.31 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.25
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.79 out of 5 stars

2.5

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.
Price Target Upside/Downside
According to analysts' consensus price target of C$79.31, Agnico Eagle Mines has a forecasted upside of 16.1% from its current price of C$68.31.
Amount of Analyst Coverage
Agnico Eagle Mines has only been the subject of 2 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 3.10%, 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 30.48%. 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.

1.0

News and Social Media Coverage

News Sentiment
Agnico Eagle Mines has a news sentiment score of -0.25. 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 0.32 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Agnico Eagle Mines this week, compared to 3 articles on an average week.
Search Interest
Only 40 people have searched for AEM on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Agnico Eagle Mines to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% 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 0.11% of the stock of Agnico Eagle Mines is held by insiders.
Percentage Held by Institutions
66.97% 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 9.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of Agnico Eagle Mines is 9.73, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 87.06.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Agnico Eagle Mines, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Agnico Eagle Mines has a P/B Ratio of 1.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Agnico Eagle Mines (TSE:AEM) Stock

Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. It operates through Northern Business and Southern Business segments. The company primarily produces and sells gold deposits, as well as explores for silver, zinc, and copper deposits. Its flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2021, the company's LaRonde mine had proven and probable mineral reserves of approximately 3.0 million ounces of gold. It is also involved in exploration activities in Europe, Latin America, and the United States. The company was incorporated in 1953 and is headquartered in Toronto, Canada.

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AEM Stock News Headlines

May 30, 2023 | finance.yahoo.com

Tech Roars Back As MSFT, ASML, AMAT, ORCL Lead Industry Charge

May 29, 2023 | americanbankingnews.com

Agnico Eagle Mines Limited (TSE:AEM) to Issue Quarterly Dividend of $0.54

May 30, 2023 | Behind the Markets (Ad)

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May 25, 2023 | msn.com

Agnico Eagle Mines Unusual Options Activity For May 25

May 25, 2023 | finance.yahoo.com

Wall Street Analysts Think Agnico (AEM) Is a Good Investment: Is It?

May 25, 2023 | finance.yahoo.com

Down -6.92% in 4 Weeks, Here's Why You Should You Buy the Dip in Agnico (AEM)

May 23, 2023 | americanbankingnews.com

Q3 2023 EPS Estimates for Agnico Eagle Mines Limited (TSE:AEM) Lowered by Raymond James

May 18, 2023 | msn.com

Unusual Call Option Trade in Agnico Eagle Mines (AEM) Worth $906.00K

May 30, 2023 | Behind the Markets (Ad)

WARNING TO ALL U.S. INVESTORS

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May 16, 2023 | americanbankingnews.com

Zacks Research Research Analysts Decrease Earnings Estimates for Agnico Eagle Mines Limited (TSE:AEM)

May 15, 2023 | finance.yahoo.com

Agnico Eagle Mines (NYSE:AEM) Will Pay A Dividend Of $0.40

May 13, 2023 | theglobeandmail.com

Closing Bell: Agnico Eagle Mines Ltd up on Friday (AEM)

May 10, 2023 | marketwatch.com

Agnico-Eagle Mines Ltd. stock falls Wednesday, underperforms market

May 6, 2023 | americanbankingnews.com

Equities Analysts Set Expectations for Agnico Eagle Mines Limited's FY2024 Earnings (TSE:AEM)

May 6, 2023 | americanbankingnews.com

Agnico Eagle Mines Limited (TSE:AEM) Forecasted to Earn FY2024 Earnings of $3.96 Per Share

May 6, 2023 | americanbankingnews.com

Agnico Eagle Mines (TSE:AEM) PT Raised to C$98.00

May 6, 2023 | americanbankingnews.com

Agnico Eagle Mines (TSE:AEM) Hits New 1-Year High Following Analyst Upgrade

May 5, 2023 | americanbankingnews.com

National Bank Financial Analysts Boost Earnings Estimates for Agnico Eagle Mines Limited (TSE:AEM)

May 5, 2023 | americanbankingnews.com

National Bank Financial Boosts Agnico Eagle Mines (TSE:AEM) Price Target to C$98.00

May 5, 2023 | americanbankingnews.com

Q2 2023 EPS Estimates for Agnico Eagle Mines Limited Raised by Cormark (TSE:AEM)

May 5, 2023 | marketwatch.com

Agnico-Eagle Mines Ltd. stock rises Thursday, outperforms market

May 2, 2023 | theglobeandmail.com

Agnico Eagle disappears a director - but what does it mean for Rogers?

May 2, 2023 | juniorminingnetwork.com

Agnico Eagle Mines Announces Renewal of Normal Course Issuer Bid

May 2, 2023 | msn.com

Agnico Eagle Mines gets TSX nod to renew NCIB

May 2, 2023 | msn.com

Here's How Much $100 Invested In Agnico Eagle Mines 20 Years Ago Would Be Worth Today

May 2, 2023 | finance.yahoo.com

AGNICO EAGLE ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID

April 30, 2023 | msn.com

Agnico Eagle Mines (AEM) Declares $0.40 Dividend

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AEM Company Calendar

Ex-Dividend for 3/15 Dividend: 2/28/2023
Dividend Payable: 3/15/2023
Today: 5/30/2023
Ex-Dividend for 6/15 Dividend: 5/31/2023
Dividend Payable: 6/15/2023
Next Earnings (Estimated): 7/26/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Gold
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:AEM
CUSIP: N/A
CIK: N/A
Web: www.agnicoeagle.com
Phone: +1-416-9471212
Fax: N/A
Employees: 6,810
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$79.31
High Stock Price Forecast: C$98.00
Low Stock Price Forecast: C$50.00
Forecasted Upside/Downside: +16.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$7.02
Trailing P/E Ratio: 9.72
Forward P/E Ratio: 27.76
P/E Growth: -1.52
Net Income: C$2.37 billion
Net Margins: 39.97%
Pretax Margin: N/A
Return on Equity: 13.14%
Return on Assets: 3.45%

Debt

Debt-to-Equity Ratio: 12.70
Current Ratio: 2.32
Quick Ratio: 0.89

Sales & Book Value

Annual Sales: C$5.93 billion
Price / Sales: 5.69
Cash Flow: C$1.87 per share
Price / Cash Flow: 36.39
Book Value: C$40.09 per share
Price / Book: 1.70

Miscellaneous

Outstanding Shares: 494,380,000
Free Float: N/A
Market Cap: C$33.72 billion
Optionable: Optionable
Beta: 0.81

Key Executives

Mr. Sean Boyd C.A. (Age 63)
CPA, F.C.A., FCPA, Exec. Chairman
Comp: $4.68M

Mr. Ammar Al-Joundi M.B.A. (Age 58)
CEO & Non-Independent Director
Comp: $1.65M

Mr. David Smith C.Dir. (Age 58)
M.Sc., M.Sc. Ing., P.Eng., Exec. VP of Fin. & CFO
Comp: $1.11M

Mr. Jean Robitaille (Age 59)
Exec. VP and Chief Strategy & Technology Officer
Comp: $935.68k

Mr. Christopher Vollmershausen L.L.B.
Exec. VP of Legal, Gen. Counsel & Corp. Sec.

Mr. Peter J. Netupsky C.A. (Age 41)
C.F.A., CPA, VP of Corp. Devel.

Jason Allaire
VP of People & Social Affairs

Mr. Dominique Girard B.Sc.
ENG., P.Eng., Exec. VP and COO Nunavut, Quebec & Europe

Mr. Guy Gosselin Eng.
Ing, M.Sc., P.Eng., P.Geo., Exec. VP of Exploration

Ms. Natasha Nella Dominica Vaz MBA
P. Eng., Exec. VP and COO of Ontario, Australia & Mexico

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

AEM Stock - Frequently Asked Questions

Should I buy or sell Agnico Eagle Mines stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agnico Eagle Mines in the last twelve months. There are currently 5 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.
What is Agnico Eagle Mines' stock price forecast for 2023?: 5 Wall Street research analysts have issued 12-month target prices for Agnico Eagle Mines' stock. Their AEM share price forecasts range from C$50.00 to C$98.00. On average, they predict the company's stock price to reach C$79.31 in the next year. This suggests a possible upside of 16.3% 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 2023?: Agnico Eagle Mines' stock was trading at C$70.36 at the beginning of the year. Since then, AEM stock has decreased by 3.1% and is now trading at C$68.20.
View the best growth stocks for 2023 here.
When is Agnico Eagle Mines' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our AEM earnings forecast.
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, April 27th. Stockholders of record on Thursday, June 1st will be given a dividend of 0.541 per share on Thursday, June 15th. This represents a $2.16 annualized dividend and a dividend yield of 3.17%. The ex-dividend date is Wednesday, May 31st. This is an increase from the stock's previous quarterly dividend of C$0.53.
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$2.14 per share and currently has a dividend yield of 3.10%. The dividend payout ratio is 30.48%. 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).
What is Agnico Eagle Mines' stock symbol?: Agnico Eagle Mines trades on the Toronto Stock Exchange (TSX) under the ticker symbol "AEM."
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.
What is Agnico Eagle Mines' stock price today?: One share of AEM stock can currently be purchased for approximately C$68.20.
How much money does Agnico Eagle Mines make?: Agnico Eagle Mines (TSE:AEM) has a market capitalization of C$33.72 billion and generates C$5.93 billion in revenue each year. The company earns C$2.37 billion in net income (profit) each year or C$7.02 on an earnings per share basis.
How many employees does Agnico Eagle Mines have?: The company employs 6,810 workers across the globe.
How can I contact Agnico Eagle Mines?: Agnico Eagle Mines' mailing address is 145 King St E Suite 400, TORONTO, ON M5C 2Y7, Canada. The official website for the company is www.agnicoeagle.com. The company can be reached via phone at +1-416-9471212.

This page (TSE:AEM) was last updated on 5/30/2023 by MarketBeat.com Staff

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

Agnico Eagle Mines MarketRank™ Forecast

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 (TSE:AEM) Stock

AEM Stock News Headlines

AEM Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

AEM Stock - Frequently Asked Questions

Overall MarketRank^™