Agnico Eagle Mines (AEM) Scheduled to Post Earnings on Thursday

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) is scheduled to issue its quarterly earnings data after the market closes on Thursday, April 25th. Analysts expect the company to announce earnings of $0.52 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last announced its quarterly earnings data on Friday, February 16th. The mining company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.48 by $0.09. Agnico Eagle Mines had a net margin of 29.29% and a return on equity of 5.54%. The firm had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.72 billion. During the same quarter last year, the business earned $0.41 earnings per share. The business’s revenue for the quarter was up 26.9% compared to the same quarter last year. On average, analysts expect Agnico Eagle Mines to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Agnico Eagle Mines Stock Down 2.5 %

Shares of NYSE AEM opened at $62.22 on Tuesday. The company has a quick ratio of 0.74, a current ratio of 2.09 and a debt-to-equity ratio of 0.10. Agnico Eagle Mines has a 52 week low of $43.22 and a 52 week high of $64.19. The firm has a 50-day moving average price of $55.45 and a 200 day moving average price of $52.16. The stock has a market capitalization of $31.02 billion, a price-to-earnings ratio of 15.14, a price-to-earnings-growth ratio of 0.96 and a beta of 1.06.

Agnico Eagle Mines Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.57%. The ex-dividend date was Thursday, February 29th. Agnico Eagle Mines’s dividend payout ratio (DPR) is 38.93%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on AEM shares. Raymond James raised their target price on shares of Agnico Eagle Mines from $66.00 to $71.00 and gave the company an “outperform” rating in a report on Friday, January 12th. CIBC dropped their target price on shares of Agnico Eagle Mines from $72.00 to $69.00 and set an “outperform” rating for the company in a report on Wednesday, February 7th. TD Securities dropped their target price on shares of Agnico Eagle Mines from $64.00 to $62.00 and set a “buy” rating for the company in a report on Wednesday, February 21st. National Bank Financial reiterated an “outperform overweight” rating on shares of Agnico Eagle Mines in a report on Monday, April 8th. Finally, Jefferies Financial Group lifted their price target on shares of Agnico Eagle Mines from $54.00 to $57.00 and gave the stock a “hold” rating in a report on Monday. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Agnico Eagle Mines presently has a consensus rating of “Moderate Buy” and an average target price of $64.14.

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.