Erste Group Bank Forecasts TSE:AEM FY2026 Earnings

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Analysts at Erste Group Bank decreased their FY2026 earnings estimates for Agnico Eagle Mines in a research note issued to investors on Monday, July 27th. Erste Group Bank analyst H. Engel now forecasts that the company will earn $17.26 per share for the year, down from their previous estimate of $18.07. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last issued its quarterly earnings results on Thursday, April 30th. The company reported C$4.73 earnings per share for the quarter. Agnico Eagle Mines had a net margin of 39.48% and a return on equity of 22.08%. The company had revenue of C$5.70 billion during the quarter.

A number of other equities analysts also recently weighed in on the company. Jefferies Financial Group raised Agnico Eagle Mines from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th. National Bank Financial cut their price target on shares of Agnico Eagle Mines from C$350.00 to C$275.00 and set an “outperform” rating for the company in a report on Tuesday, July 14th. BMO Capital Markets lifted their price objective on shares of Agnico Eagle Mines from C$350.00 to C$370.00 in a research note on Wednesday, April 22nd. JPMorgan Chase & Co. lowered their price target on Agnico Eagle Mines from C$321.00 to C$300.00 in a report on Thursday, April 23rd. Finally, Stifel Nicolaus decreased their price target on shares of Agnico Eagle Mines from C$350.00 to C$310.00 in a report on Friday, July 17th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$295.33.

Agnico Eagle Mines Trading Down 1.6%

Shares of Agnico Eagle Mines stock opened at C$202.91 on Wednesday. Agnico Eagle Mines has a 12-month low of C$169.73 and a 12-month high of C$348.94. The company has a quick ratio of 0.89, a current ratio of 3.15 and a debt-to-equity ratio of 1.21. The business’s 50 day moving average is C$223.66 and its 200-day moving average is C$262.73. The stock has a market cap of C$101.46 billion, a P/E ratio of 19.11, a P/E/G ratio of 22.97 and a beta of 1.84.

Agnico Eagle Mines Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 15th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Monday, June 1st. Agnico Eagle Mines’s dividend payout ratio (DPR) is 15.54%.

About Agnico Eagle Mines

Canadian-based and led, Agnico Eagle is Canada’s largest mining company and the second largest gold producer in the world, operating mines in Canada, Australia, Finland and Mexico. The Company is advancing a pipeline of high-quality development projects in these regions to support sustainable growth over the next decade. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.