Zacks Research Has Optimistic Outlook of AEM FY2027 Earnings

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Investment analysts at Zacks Research upped their FY2027 earnings estimates for Agnico Eagle Mines in a research report issued on Wednesday, May 13th. Zacks Research analyst Team now expects that the mining company will post earnings per share of $12.82 for the year, up from their previous forecast of $11.90. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $13.14 per share. Zacks Research also issued estimates for Agnico Eagle Mines’ Q4 2027 earnings at $3.23 EPS and FY2028 earnings at $13.16 EPS.

AEM has been the topic of several other research reports. Scotiabank reiterated an “outperform” rating and issued a $280.00 target price on shares of Agnico Eagle Mines in a research report on Tuesday, February 17th. ATB Cormark Capital Markets raised shares of Agnico Eagle Mines from a “hold” rating to an “outperform” rating in a research note on Monday, May 4th. TD raised their price target on shares of Agnico Eagle Mines from $251.00 to $252.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Weiss Ratings downgraded shares of Agnico Eagle Mines from a “buy (b+)” rating to a “buy (b)” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. raised their price target on shares of Agnico Eagle Mines from $220.00 to $222.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Eleven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $238.18.

Agnico Eagle Mines Stock Up 0.0%

Shares of NYSE AEM opened at $180.38 on Monday. The company’s 50-day simple moving average is $202.61 and its 200-day simple moving average is $193.34. Agnico Eagle Mines has a 52-week low of $103.96 and a 52-week high of $255.24. The firm has a market cap of $90.28 billion, a price-to-earnings ratio of 16.95, a price-to-earnings-growth ratio of 3.93 and a beta of 0.58. The company has a quick ratio of 2.18, a current ratio of 3.15 and a debt-to-equity ratio of 0.01.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last announced its earnings results on Thursday, April 30th. The mining company reported $3.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.19 by $0.21. Agnico Eagle Mines had a net margin of 39.46% and a return on equity of 21.09%. The business had revenue of $4 billion for the quarter, compared to analyst estimates of $3.96 billion. During the same quarter last year, the business earned $1.53 earnings per share. The company’s revenue for the quarter was up 66.1% compared to the same quarter last year.

Hedge Funds Weigh In On Agnico Eagle Mines

A number of institutional investors have recently bought and sold shares of the company. The Manufacturers Life Insurance Company raised its stake in Agnico Eagle Mines by 9.0% during the first quarter. The Manufacturers Life Insurance Company now owns 4,091,837 shares of the mining company’s stock worth $829,916,000 after purchasing an additional 338,486 shares during the period. Quantinno Capital Management LP raised its stake in Agnico Eagle Mines by 15.2% during the first quarter. Quantinno Capital Management LP now owns 58,706 shares of the mining company’s stock worth $11,916,000 after purchasing an additional 7,756 shares during the period. OMERS ADMINISTRATION Corp purchased a new position in Agnico Eagle Mines during the first quarter worth about $12,436,000. Themes Management Co LLC raised its stake in Agnico Eagle Mines by 15.4% during the first quarter. Themes Management Co LLC now owns 7,517 shares of the mining company’s stock worth $1,526,000 after purchasing an additional 1,005 shares during the period. Finally, Van Diest Capital LLC acquired a new stake in shares of Agnico Eagle Mines during the first quarter valued at about $383,000. 68.34% of the stock is owned by hedge funds and other institutional investors.

Agnico Eagle Mines News Summary

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

• Negative Sentiment: Gold prices dropped about 2% intraday as rising Treasury yields and a stronger U.S. dollar pressured non-yielding assets, dragging down gold miners including AEM. Agnico Eagle Mines slides as gold pulls back sharply on higher yields and a stronger dollar
• Negative Sentiment: Zacks Research trimmed some near-term earnings estimates for Agnico Eagle, including Q2 2026 and Q4 2026, which may add to caution around the stock despite still having a Hold rating.
• Positive Sentiment: Several analysts remain constructive after Q1 results, with recent coverage highlighting AEM as a potential defensive gold name in falling markets and noting upgrades from ATB Cormark.
• Positive Sentiment: A separate article highlighted Agnico Eagle among the best gold mining stocks to own as central banks continue buying bullion, reinforcing the long-term bullish case for gold exposure. 5 Best Gold Mining Stocks to Buy as Central Banks Buy Bullion
• Neutral Sentiment: Recent reports also pointed to Agnico Eagle’s large Ontario growth plan and continued analyst price-target activity, but these are longer-term themes and do not appear to be the main driver of today’s move.

About Agnico Eagle Mines

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.