Equities Analysts Offer Predictions for AEM FY2026 Earnings

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Equities researchers at Erste Group Bank reduced their FY2026 EPS estimates for Agnico Eagle Mines in a research report issued on Wednesday, July 15th. Erste Group Bank analyst H. Engel now expects that the mining company will post earnings of $12.86 per share for the year, down from their prior forecast of $13.76. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $12.29 per share.

Other research analysts have also issued reports about the company. Barclays reduced their price target on Agnico Eagle Mines from $210.00 to $188.00 and set an “overweight” rating on the stock in a research report on Wednesday. Citigroup reiterated a “positive” rating on shares of Agnico Eagle Mines in a report on Wednesday. Wall Street Zen lowered Agnico Eagle Mines from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. ATB Cormark Capital Markets upgraded Agnico Eagle Mines from a “hold” rating to an “outperform” rating in a report on Monday, May 4th. Finally, Scotiabank decreased their target price on Agnico Eagle Mines from $278.00 to $260.00 and set a “sector outperform” rating for the company in a research report on Tuesday, July 14th. Twelve investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $233.62.

Agnico Eagle Mines Stock Performance

Shares of Agnico Eagle Mines stock opened at $136.89 on Monday. The firm has a fifty day moving average of $165.41 and a two-hundred day moving average of $191.56. The stock has a market capitalization of $69.48 billion, a price-to-earnings ratio of 12.87, a PEG ratio of 1.82 and a beta of 0.60. Agnico Eagle Mines has a 52 week low of $117.65 and a 52 week high of $255.24. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.18 and a current ratio of 3.15.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last announced its quarterly earnings data on Thursday, April 30th. The mining company reported $3.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $4 billion for the quarter, compared to analysts’ expectations of $3.96 billion. During the same period last year, the firm earned $1.53 earnings per share. The business’s revenue for the quarter was up 66.1% on a year-over-year basis.

Hedge Funds Weigh In On Agnico Eagle Mines

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Capital World Investors increased its position in shares of Agnico Eagle Mines by 2.8% in the 4th quarter. Capital World Investors now owns 21,338,277 shares of the mining company’s stock valued at $3,618,730,000 after buying an additional 572,473 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Agnico Eagle Mines by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 20,979,666 shares of the mining company’s stock worth $3,557,772,000 after acquiring an additional 309,717 shares in the last quarter. Van ECK Associates Corp grew its stake in Agnico Eagle Mines by 21.6% in the fourth quarter. Van ECK Associates Corp now owns 17,225,477 shares of the mining company’s stock valued at $2,920,258,000 after acquiring an additional 3,062,705 shares during the period. TD Asset Management Inc grew its stake in Agnico Eagle Mines by 1.7% in the fourth quarter. TD Asset Management Inc now owns 9,665,456 shares of the mining company’s stock valued at $1,641,239,000 after acquiring an additional 165,263 shares during the period. Finally, Mackenzie Financial Corp grew its stake in Agnico Eagle Mines by 4.0% in the fourth quarter. Mackenzie Financial Corp now owns 8,687,624 shares of the mining company’s stock valued at $1,489,509,000 after acquiring an additional 332,797 shares during the period. 68.34% of the stock is owned by institutional investors.

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.