Research Analysts Issue Forecasts for AEM FY2025 Earnings

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Equities researchers at Stifel Canada increased their FY2025 earnings per share estimates for shares of Agnico Eagle Mines in a research note issued to investors on Monday, October 21st. Stifel Canada analyst I. Rico now forecasts that the mining company will post earnings per share of $5.57 for the year, up from their prior estimate of $3.99. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $3.88 per share. Stifel Canada also issued estimates for Agnico Eagle Mines’ FY2026 earnings at $4.79 EPS.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last released its earnings results on Wednesday, July 31st. The mining company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.14. Agnico Eagle Mines had a return on equity of 7.16% and a net margin of 8.44%. The firm had revenue of $2.08 billion for the quarter, compared to analysts’ expectations of $2.03 billion. During the same quarter in the previous year, the business posted $0.65 earnings per share. The business’s revenue for the quarter was up 20.9% on a year-over-year basis.

A number of other brokerages have also recently commented on AEM. TD Securities increased their price target on Agnico Eagle Mines from $90.00 to $91.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. UBS Group began coverage on Agnico Eagle Mines in a report on Tuesday, September 17th. They set a “buy” rating and a $95.00 price target on the stock. CIBC raised their price objective on shares of Agnico Eagle Mines from $81.00 to $101.00 and gave the company an “outperformer” rating in a report on Wednesday, July 10th. Scotiabank boosted their target price on shares of Agnico Eagle Mines from $81.00 to $94.00 and gave the stock a “sector outperform” rating in a report on Monday, August 19th. Finally, Royal Bank of Canada raised their price target on shares of Agnico Eagle Mines from $80.00 to $87.00 and gave the company an “outperform” rating in a research note on Tuesday, September 10th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy 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 price target of $86.78.

Agnico Eagle Mines Price Performance

Shares of NYSE:AEM opened at $86.92 on Thursday. Agnico Eagle Mines has a one year low of $44.37 and a one year high of $89.00. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.51 and a quick ratio of 0.76. The company has a market cap of $43.48 billion, a price-to-earnings ratio of 91.49, a PEG ratio of 0.71 and a beta of 1.10. The firm has a 50 day simple moving average of $81.78 and a 200 day simple moving average of $73.24.

Hedge Funds Weigh In On Agnico Eagle Mines

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Continuum Advisory LLC raised its position in shares of Agnico Eagle Mines by 1,134.4% in the 2nd quarter. Continuum Advisory LLC now owns 395 shares of the mining company’s stock worth $26,000 after acquiring an additional 363 shares in the last quarter. Stephens Consulting LLC acquired a new stake in Agnico Eagle Mines during the first quarter worth approximately $30,000. Abich Financial Wealth Management LLC bought a new stake in Agnico Eagle Mines in the second quarter worth approximately $32,000. FSC Wealth Advisors LLC acquired a new position in Agnico Eagle Mines in the third quarter valued at approximately $32,000. Finally, McClarren Financial Advisors Inc. boosted its holdings in shares of Agnico Eagle Mines by 684.6% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 510 shares of the mining company’s stock worth $41,000 after buying an additional 445 shares in the last quarter. Institutional investors and hedge funds own 68.34% of the company’s stock.

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.