Scotiabank Forecasts Reduced Earnings for Agnico Eagle Mines

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Scotiabank lowered their FY2026 earnings per share estimates for shares of Agnico Eagle Mines in a research report issued on Thursday, February 19th. Scotiabank analyst T. Jakusconek now forecasts that the mining company will post earnings per share of $12.16 for the year, down from their previous estimate of $12.67. Scotiabank currently has a “Outperform” rating and a $280.00 target price on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $4.63 per share. Scotiabank also issued estimates for Agnico Eagle Mines’ FY2027 earnings at $12.09 EPS.

Several other analysts have also weighed in on AEM. Citigroup lifted their price objective on shares of Agnico Eagle Mines from $198.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, January 15th. Zacks Research downgraded shares of Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 23rd. Canadian Imperial Bank of Commerce set a $296.00 price objective on shares of Agnico Eagle Mines and gave the company an “outperform” rating in a report on Wednesday, February 4th. TD Securities set a $251.00 price objective on shares of Agnico Eagle Mines and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Finally, Jefferies Financial Group set a $189.00 target price on Agnico Eagle Mines in a research note on Sunday, December 7th. Three research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $234.91.

Agnico Eagle Mines Price Performance

Agnico Eagle Mines stock opened at $228.11 on Monday. The stock has a market capitalization of $114.29 billion, a price-to-earnings ratio of 25.69, a PEG ratio of 0.53 and a beta of 0.63. Agnico Eagle Mines has a 52-week low of $92.11 and a 52-week high of $229.09. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.33 and a current ratio of 2.02. The stock’s 50 day moving average price is $194.91 and its two-hundred day moving average price is $171.34.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last released its earnings results on Thursday, February 12th. The mining company reported $2.69 EPS for the quarter, topping the consensus estimate of $2.56 by $0.13. The business had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.40 billion. Agnico Eagle Mines had a return on equity of 18.09% and a net margin of 37.47%.The firm’s revenue was up 60.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.26 earnings per share.

Agnico Eagle Mines Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a $0.45 dividend. The ex-dividend date is Monday, March 2nd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. This is a boost from Agnico Eagle Mines’s previous quarterly dividend of $0.40. Agnico Eagle Mines’s dividend payout ratio (DPR) is currently 18.02%.

Hedge Funds Weigh In On Agnico Eagle Mines

A number of hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its stake in shares of Agnico Eagle Mines by 11.5% in the fourth quarter. Brighton Jones LLC now owns 3,216 shares of the mining company’s stock worth $252,000 after purchasing an additional 331 shares during the last quarter. AQR Capital Management LLC grew its holdings in Agnico Eagle Mines by 36.4% during the first quarter. AQR Capital Management LLC now owns 19,829 shares of the mining company’s stock worth $2,150,000 after buying an additional 5,293 shares in the last quarter. Sivia Capital Partners LLC raised its position in Agnico Eagle Mines by 57.2% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,188 shares of the mining company’s stock valued at $379,000 after buying an additional 1,160 shares during the last quarter. Stephens Inc. AR raised its position in Agnico Eagle Mines by 14.9% in the 2nd quarter. Stephens Inc. AR now owns 2,947 shares of the mining company’s stock valued at $350,000 after buying an additional 382 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC lifted its stake in Agnico Eagle Mines by 17.3% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 2,615 shares of the mining company’s stock valued at $312,000 after acquiring an additional 385 shares in the last quarter. Institutional investors and hedge funds own 68.34% of the company’s stock.

Key Headlines Impacting Agnico Eagle Mines

Here are the key news stories impacting Agnico Eagle Mines this week:

• Positive Sentiment: Agnico bought a significant stake in Maple Gold Mines and released an aggressive 2026 exploration and drilling plan aimed at resource growth and new discoveries — a move that adds near‑term optionality and long‑term reserve upside to AEM’s pipeline. Agnico Eagle Deepens Exploration Push With Maple Gold Stake And 2026 Plans
• Positive Sentiment: FY2025 results and capital allocation: AEM posted strong production, record free cash flow and raised its dividend while executing buybacks — supporting the bull case that the company can return cash while funding growth. Agnico Eagle: The More Things Change, The More They Stay The Same
• Neutral Sentiment: Coverage and peer comparisons are spotlighting AEM (Zacks and analyst writeups), bringing additional investor attention but not necessarily altering fundamentals immediately. This can increase trading volume and volatility. CGAU vs. AEM: Which Stock Should Value Investors Buy Now?
• Neutral Sentiment: Analysts and articles note a trade‑off: upbeat earnings and revenue beat versus rising unit costs — a mixed signal that tempers enthusiasm while keeping the stock supported by cash returns and growth plans. Can Agnico Eagle’s Profits Keep Shining Amid Rising Production Costs?
• Negative Sentiment: JPMorgan published a pessimistic forecast for AEM’s stock price, which can weigh on sentiment and short‑term momentum among institutional investors. JPMorgan Chase & Co. Issues Pessimistic Forecast for Agnico Eagle Mines (NYSE:AEM) Stock Price
• Negative Sentiment: Industry cost pressure: coverage of higher unit costs at peers (e.g., Barrick) highlights inflationary risks and potential margin pressure that could challenge AEM’s operating leverage if costs continue to rise. Will Barrick Mining’s Higher Costs Dent Its Profit Momentum Ahead?

Agnico Eagle Mines Company Profile

Agnico Eagle Mines Limited (NYSE: AEM) is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.

Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.