What is Erste Group Bank’s Estimate for AEM FY2026 Earnings?

Agnico Eagle Mines Limited (NYSE:AEMFree Report) (TSE:AEM) – Analysts at Erste Group Bank lifted their FY2026 earnings per share (EPS) estimates for Agnico Eagle Mines in a research report issued to clients and investors on Wednesday, February 18th. Erste Group Bank analyst H. Engel now forecasts that the mining company will post earnings of $13.05 per share for the year, up from their previous forecast of $12.69. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $4.63 per share. Erste Group Bank also issued estimates for Agnico Eagle Mines’ FY2027 earnings at $13.89 EPS.

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

Other equities research analysts have also recently issued reports about the company. Canadian Imperial Bank of Commerce set a $296.00 price target on Agnico Eagle Mines and gave the company an “outperform” rating in a research note on Wednesday, February 4th. JPMorgan Chase & Co. lowered their target price on shares of Agnico Eagle Mines from $248.00 to $235.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Raymond James Financial restated an “outperform” rating and set a $225.00 price target on shares of Agnico Eagle Mines in a research note on Wednesday, January 14th. Weiss Ratings downgraded shares of Agnico Eagle Mines from a “buy (a-)” rating to a “buy (b)” rating in a research note on Monday, January 12th. Finally, Jefferies Financial Group set a $189.00 price target on Agnico Eagle Mines in a research report 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 data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $234.91.

Check Out Our Latest Research Report on Agnico Eagle Mines

Agnico Eagle Mines Price Performance

Shares of AEM opened at $228.11 on Monday. The company has a 50 day moving average of $194.91 and a two-hundred day moving average of $171.34. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.01. Agnico Eagle Mines has a twelve month low of $92.11 and a twelve month high of $229.09. The company has a market cap of $114.29 billion, a price-to-earnings ratio of 25.69, a price-to-earnings-growth ratio of 0.53 and a beta of 0.63.

Agnico Eagle Mines Increases Dividend

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

Hedge Funds Weigh In On Agnico Eagle Mines

Several institutional investors and hedge funds have recently bought and sold shares of the business. TD Waterhouse Canada Inc. grew its stake in Agnico Eagle Mines by 13.4% in the third quarter. TD Waterhouse Canada Inc. now owns 1,133,384 shares of the mining company’s stock valued at $192,951,000 after acquiring an additional 134,147 shares during the period. Ninety One UK Ltd increased its stake in Agnico Eagle Mines by 386.5% during the 3rd quarter. Ninety One UK Ltd now owns 188,189 shares of the mining company’s stock worth $31,703,000 after purchasing an additional 149,506 shares in the last quarter. Campbell & CO Investment Adviser LLC increased its stake in Agnico Eagle Mines by 1,560.8% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 48,677 shares of the mining company’s stock worth $8,205,000 after purchasing an additional 45,746 shares in the last quarter. AustralianSuper Pty Ltd acquired a new stake in Agnico Eagle Mines during the 3rd quarter worth approximately $23,958,000. Finally, Addenda Capital Inc. lifted its stake in Agnico Eagle Mines by 2.3% in the third quarter. Addenda Capital Inc. now owns 724,231 shares of the mining company’s stock valued at $122,076,000 after buying an additional 15,965 shares in the last quarter. Hedge funds and other institutional investors own 68.34% of the company’s stock.

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About Agnico Eagle Mines

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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.

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Earnings History and Estimates for Agnico Eagle Mines (NYSE:AEM)

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