Erste Group Bank Comments on TSE:AEM FY2026 Earnings

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Research analysts at Erste Group Bank raised their FY2026 earnings per share (EPS) estimates for shares of Agnico Eagle Mines in a research report issued on Wednesday, October 21st. Erste Group Bank analyst H. Engel now forecasts that the company will post earnings of $16.53 per share for the year, up from their previous forecast of $13.95. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share. Erste Group Bank also issued estimates for Agnico Eagle Mines’ FY2027 earnings at $17.29 EPS.

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

Several other research firms have also recently weighed in on AEM. Stifel Nicolaus reduced their price target on shares of Agnico Eagle Mines from C$350.00 to C$310.00 in a report on Friday, July 17th. Jefferies Financial Group upgraded shares of Agnico Eagle Mines from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. Barclays dropped their price objective on shares of Agnico Eagle Mines from C$298.00 to C$266.00 in a report on Thursday, July 16th. TD cut their price objective on shares of Agnico Eagle Mines from C$244.00 to C$242.00 and set a “buy” rating on the stock in a research report on Tuesday, October 20th. Finally, National Bank Financial reduced their target price on shares of Agnico Eagle Mines from C$315.00 to C$310.00 and set an “outperform” rating for the company in a research note on Tuesday, October 20th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$292.71.

Agnico Eagle Mines Stock Performance

Shares of AEM stock opened at C$253.75 on Monday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.89 and a current ratio of 2.86. Agnico Eagle Mines has a 52 week low of C$188.48 and a 52 week high of C$348.94. The company’s 50 day moving average price is C$272.38 and its two-hundred day moving average price is C$263.17. The company has a market capitalization of C$127.13 billion, a P/E ratio of 21.73, a price-to-earnings-growth ratio of 22.97 and a beta of 2.00.

Insider Transactions at Agnico Eagle Mines

In other Agnico Eagle Mines news, Director John Merfyn Roberts sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of C$273.35, for a total transaction of C$410,025.00. Following the completion of the transaction, the director owned 16,182 shares of the company’s stock, valued at C$4,423,349.70. This represents a 8.48% decrease in their position. Corporate insiders own 0.08% of the company’s stock.

Agnico Eagle Mines Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 15th were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, September 1st. Agnico Eagle Mines’s dividend payout ratio (DPR) is currently 14.55%.

Agnico Eagle Mines Company Profile

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.