FY2026 EPS Forecast for Agnico Eagle Mines Cut by Analyst

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Stock analysts at Erste Group Bank dropped their FY2026 earnings estimates for shares of Agnico Eagle Mines in a research note issued on Thursday, August 27th. Erste Group Bank analyst H. Engel now anticipates that the company will earn $16.89 per share for the year, down from their prior forecast of $17.06. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share.

AEM has been the subject of a number of other research reports. ATB Cormark Capital Markets upgraded Agnico Eagle Mines from a “sector” rating to an “outperform” rating in a report on Monday, May 4th. National Bank Financial reduced their target price on Agnico Eagle Mines from C$350.00 to C$275.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 14th. Stifel Nicolaus decreased their target price on Agnico Eagle Mines from C$350.00 to C$310.00 in a research report on Friday, July 17th. Jefferies Financial Group raised shares of Agnico Eagle Mines from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 6th. Finally, Barclays cut their price target on shares of Agnico Eagle Mines from C$298.00 to C$266.00 in a report on Thursday, July 16th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Agnico Eagle Mines presently has a consensus rating of “Moderate Buy” and a consensus price target of C$295.33.

Agnico Eagle Mines Trading Down 1.9%

Shares of TSE AEM opened at C$281.23 on Monday. Agnico Eagle Mines has a fifty-two week low of C$188.48 and a fifty-two week high of C$348.94. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.89 and a current ratio of 2.86. The company has a market cap of C$140.89 billion, a price-to-earnings ratio of 24.08, a PEG ratio of 22.97 and a beta of 1.83. The business’s 50 day moving average price is C$233.05 and its 200-day moving average price is C$259.26.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last announced its earnings results on Wednesday, July 29th. The company reported C$4.33 earnings per share (EPS) for the quarter. The business had revenue of C$5.53 billion during the quarter. Agnico Eagle Mines had a return on equity of 22.69% and a net margin of 40.45%.

Insider Transactions at Agnico Eagle Mines

In other Agnico Eagle Mines news, Director John Merfyn Roberts sold 1,000 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of C$244.66, for a total transaction of C$244,660.00. Following the transaction, the director directly owned 17,682 shares in the company, valued at C$4,326,078.12. This trade represents a 5.35% decrease in their position. 0.08% of the stock is currently owned by company insiders.

Agnico Eagle Mines Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 15th will be issued a $0.45 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.6%. Agnico Eagle Mines’s payout ratio is presently 14.55%.

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.