FY2026 EPS Estimate for Agnico Eagle Mines Cut by Analyst

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Stock analysts at Scotiabank dropped their FY2026 EPS estimates for Agnico Eagle Mines in a note issued to investors on Tuesday, July 7th. Scotiabank analyst T. Jakusconek now forecasts that the mining company will post earnings per share of $11.81 for the year, down from their previous estimate of $12.16. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $13.22 per share.

Other research analysts also recently issued reports about the company. TD upped their target price on Agnico Eagle Mines from $251.00 to $252.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Wall Street Zen upgraded shares of Agnico Eagle Mines from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Jefferies Financial Group raised shares of Agnico Eagle Mines from a “hold” rating to a “buy” rating and raised their price target for the company from $187.00 to $200.00 in a research note on Monday. Weiss Ratings cut Agnico Eagle Mines from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 2nd. Finally, Erste Group Bank cut Agnico Eagle Mines from a “buy” rating to a “hold” rating in a report on Tuesday, March 24th. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $236.85.

Agnico Eagle Mines Stock Performance

NYSE AEM opened at $150.21 on Wednesday. The stock has a market capitalization of $76.24 billion, a price-to-earnings ratio of 14.12, a PEG ratio of 3.40 and a beta of 0.60. The stock has a 50-day moving average of $172.67 and a 200 day moving average of $193.51. The company has a current ratio of 3.15, a quick ratio of 2.18 and a debt-to-equity ratio of 0.01. Agnico Eagle Mines has a twelve month low of $115.19 and a twelve month high of $255.24.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last posted its earnings results on Thursday, April 30th. The mining company reported $3.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.19 by $0.21. Agnico Eagle Mines had a net margin of 39.46% and a return on equity of 21.09%. The business had revenue of $4 billion for the quarter, compared to analyst estimates of $3.96 billion. During the same period in the prior year, the company posted $1.53 EPS. The company’s revenue for the quarter was up 66.1% on a year-over-year basis.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Salvus Wealth Management LLC raised its stake in shares of Agnico Eagle Mines by 0.9% in the 4th quarter. Salvus Wealth Management LLC now owns 6,301 shares of the mining company’s stock valued at $1,068,000 after acquiring an additional 57 shares during the period. Brookwood Investment Group LLC increased its holdings in Agnico Eagle Mines by 4.5% in the 4th quarter. Brookwood Investment Group LLC now owns 1,361 shares of the mining company’s stock valued at $231,000 after purchasing an additional 58 shares during the last quarter. Baron Wealth Management LLC raised its position in Agnico Eagle Mines by 3.2% in the fourth quarter. Baron Wealth Management LLC now owns 1,879 shares of the mining company’s stock valued at $319,000 after purchasing an additional 59 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Agnico Eagle Mines by 1.1% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 5,266 shares of the mining company’s stock valued at $893,000 after purchasing an additional 59 shares during the period. Finally, Baker Ellis Asset Management LLC lifted its stake in Agnico Eagle Mines by 0.8% during the fourth quarter. Baker Ellis Asset Management LLC now owns 7,550 shares of the mining company’s stock worth $1,280,000 after purchasing an additional 63 shares in the last quarter. Institutional investors and hedge funds own 68.34% of the company’s stock.

About Agnico Eagle Mines

Agnico Eagle Mines Limited (NYSE: AEM) is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.

Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.