Q3 EPS Forecast for Agnico Eagle Mines Increased by Analyst

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Analysts at Zacks Research increased their Q3 2026 earnings per share estimates for Agnico Eagle Mines in a note issued to investors on Wednesday, May 7th. Zacks Research analyst A. Barman now anticipates that the mining company will post earnings of $1.15 per share for the quarter, up from their previous estimate of $0.99. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $4.63 per share. Zacks Research also issued estimates for Agnico Eagle Mines’ Q4 2026 earnings at $1.07 EPS.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last released its earnings results on Thursday, April 24th. The mining company reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.14. Agnico Eagle Mines had a return on equity of 10.45% and a net margin of 22.88%. The firm had revenue of $2.38 billion during the quarter, compared to the consensus estimate of $2.27 billion. During the same period in the prior year, the company posted $0.76 EPS. The company’s revenue was up 34.9% compared to the same quarter last year.

A number of other brokerages also recently weighed in on AEM. Bank of America upped their price target on shares of Agnico Eagle Mines from $119.00 to $142.00 and gave the stock a “buy” rating in a report on Tuesday, April 8th. Stifel Canada raised Agnico Eagle Mines to a “strong-buy” rating in a report on Wednesday, March 19th. Cfra Research raised Agnico Eagle Mines to a “strong-buy” rating in a report on Friday, April 25th. Royal Bank of Canada raised their price objective on Agnico Eagle Mines from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Friday, April 4th. Finally, Raymond James increased their target price on shares of Agnico Eagle Mines from $105.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, April 4th. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and four have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $124.40.

Agnico Eagle Mines Trading Up 2.1 %

AEM opened at $117.04 on Friday. The company has a quick ratio of 0.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.06. Agnico Eagle Mines has a twelve month low of $63.01 and a twelve month high of $126.76. The stock has a market capitalization of $58.90 billion, a price-to-earnings ratio of 30.96, a P/E/G ratio of 0.66 and a beta of 0.54. The company has a 50-day simple moving average of $109.90 and a 200 day simple moving average of $94.79.

Agnico Eagle Mines Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be paid a $0.40 dividend. The ex-dividend date is Monday, December 1st. This represents a $1.60 annualized dividend and a dividend yield of 1.37%. Agnico Eagle Mines’s payout ratio is 34.04%.

Hedge Funds Weigh In On Agnico Eagle Mines

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Van ECK Associates Corp lifted its position in shares of Agnico Eagle Mines by 3.6% in the 4th quarter. Van ECK Associates Corp now owns 22,322,859 shares of the mining company’s stock worth $1,745,858,000 after purchasing an additional 778,919 shares during the period. Vanguard Group Inc. lifted its holdings in Agnico Eagle Mines by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 19,865,285 shares of the mining company’s stock valued at $1,554,180,000 after buying an additional 331,087 shares during the period. Capital World Investors boosted its position in Agnico Eagle Mines by 41.9% during the fourth quarter. Capital World Investors now owns 13,952,061 shares of the mining company’s stock valued at $1,091,550,000 after acquiring an additional 4,121,164 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Agnico Eagle Mines by 3.9% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 13,441,198 shares of the mining company’s stock worth $1,457,160,000 after acquiring an additional 499,362 shares in the last quarter. Finally, Deutsche Bank AG raised its position in shares of Agnico Eagle Mines by 0.7% in the 4th quarter. Deutsche Bank AG now owns 11,916,739 shares of the mining company’s stock worth $932,008,000 after acquiring an additional 87,410 shares in the last quarter. 68.34% of the stock is owned by institutional investors and hedge funds.

Agnico Eagle Mines Company Profile

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.