TSE:AEM FY2026 EPS Estimate Increased by Erste Group Bank

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Erste Group Bank increased their FY2026 earnings per share estimates for Agnico Eagle Mines in a report released on Tuesday, March 24th. Erste Group Bank analyst H. Engel now anticipates that the company will post earnings per share of $19.58 for the year, up from their prior estimate of $17.85. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share.

AEM has been the topic of a number of other reports. JPMorgan Chase & Co. set a C$337.00 target price on Agnico Eagle Mines and gave the stock a “neutral” rating in a research report on Thursday, January 29th. TD Securities increased their price target on Agnico Eagle Mines from C$241.00 to C$251.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. National Bank Financial lifted their price target on Agnico Eagle Mines from C$300.00 to C$320.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Stifel Nicolaus boosted their price objective on Agnico Eagle Mines from C$300.00 to C$350.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Finally, Royal Bank Of Canada lowered shares of Agnico Eagle Mines from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Agnico Eagle Mines has an average rating of “Moderate Buy” and a consensus price target of C$314.50.

Agnico Eagle Mines Trading Up 3.2%

AEM opened at C$268.22 on Friday. The firm has a market capitalization of C$134.38 billion, a P/E ratio of 30.27, a P/E/G ratio of 22.97 and a beta of 1.67. The company has a quick ratio of 0.89, a current ratio of 2.02 and a debt-to-equity ratio of 1.68. The firm’s 50 day moving average is C$291.40 and its 200-day moving average is C$254.85. Agnico Eagle Mines has a 52-week low of C$135.40 and a 52-week high of C$348.94.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last announced its earnings results on Friday, February 13th. The company reported C$3.71 EPS for the quarter. Agnico Eagle Mines had a return on equity of 19.37% and a net margin of 37.50%.The business had revenue of C$4.89 billion for the quarter.

Agnico Eagle Mines Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 16th were paid a dividend of $0.45 per share. This is an increase from Agnico Eagle Mines’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.80 annualized dividend and a yield of 0.7%. Agnico Eagle Mines’s dividend payout ratio (DPR) is presently 18.06%.

Insider Activity

In other news, insider Guy Gosselin sold 4,947 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of C$310.00, for a total value of C$1,533,570.00. Following the completion of the sale, the insider owned 31,381 shares in the company, valued at C$9,728,110. This represents a 13.62% decrease in their ownership of the stock. 0.08% of the stock is owned by insiders.

Agnico Eagle Mines Company Profile

Agnico Eagle Mines is a gold miner operating mines in Canada, Mexico, and Finland. It also owns 50% of the Canadian Malartic mine. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines on line in rapid succession in the following years. The company produced more than 1.7 million gold ounces in 2020. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions.