Analysts Set Expectations for AEM Q1 Earnings

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Equities researchers at National Bank Financial issued their Q1 2025 EPS estimates for shares of Agnico Eagle Mines in a note issued to investors on Tuesday, April 22nd. National Bank Financial analyst S. Nagle forecasts that the mining company will earn $1.46 per share for the quarter. National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $4.63 per share.

AEM has been the topic of several other reports. UBS Group increased their price objective on shares of Agnico Eagle Mines from $110.00 to $115.00 and gave the company a “neutral” rating in a research report on Friday, April 11th. Royal Bank of Canada raised their price target on shares of Agnico Eagle Mines from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Friday, April 4th. Jefferies Financial Group upped their price objective on Agnico Eagle Mines from $85.00 to $88.00 and gave the company a “hold” rating in a research report on Tuesday, January 7th. TD Securities reduced their target price on Agnico Eagle Mines from $108.00 to $106.00 and set a “buy” rating for the company in a report on Wednesday, February 19th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Agnico Eagle Mines in a report on Monday, April 14th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, Agnico Eagle Mines currently has a consensus rating of “Buy” and an average price target of $124.40.

Agnico Eagle Mines Stock Down 0.8 %

AEM stock opened at $118.68 on Thursday. Agnico Eagle Mines has a twelve month low of $63.01 and a twelve month high of $126.76. The company has a quick ratio of 0.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.06. The business has a 50 day moving average of $106.09 and a 200 day moving average of $92.48. The firm has a market cap of $59.73 billion, a PE ratio of 31.40, a price-to-earnings-growth ratio of 0.66 and a beta of 0.87.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last announced its quarterly earnings data on Thursday, April 24th. The mining company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.39 by $0.14. Agnico Eagle Mines had a net margin of 22.88% and a return on equity of 10.45%. The business had revenue of $2.38 billion for the quarter, compared to analysts’ expectations of $2.27 billion.

Agnico Eagle Mines Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be given a $0.40 dividend. The ex-dividend date is Monday, December 1st. This represents a $1.60 annualized dividend and a yield of 1.35%. Agnico Eagle Mines’s payout ratio is 42.33%.

Institutional Trading of Agnico Eagle Mines

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Van ECK Associates Corp grew its position in shares of Agnico Eagle Mines by 3.6% during the 4th quarter. Van ECK Associates Corp now owns 22,322,859 shares of the mining company’s stock valued at $1,745,858,000 after acquiring an additional 778,919 shares during the period. Vanguard Group Inc. grew its holdings in Agnico Eagle Mines by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 19,865,285 shares of the mining company’s stock valued at $1,554,180,000 after purchasing an additional 331,087 shares during the period. Capital World Investors increased its position in Agnico Eagle Mines by 41.9% in the fourth quarter. Capital World Investors now owns 13,952,061 shares of the mining company’s stock worth $1,091,550,000 after buying an additional 4,121,164 shares in the last quarter. Deutsche Bank AG raised its stake in shares of Agnico Eagle Mines by 0.7% in the fourth quarter. Deutsche Bank AG now owns 11,916,739 shares of the mining company’s stock worth $932,008,000 after buying an additional 87,410 shares during the period. Finally, Norges Bank purchased a new position in shares of Agnico Eagle Mines during the 4th quarter valued at about $573,446,000. 68.34% of the stock is owned by hedge funds and other institutional investors.

Agnico Eagle Mines Company Profile

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.