Zacks Research Has Negative Estimate for AEM FY2026 Earnings

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Analysts at Zacks Research dropped their FY2026 earnings per share estimates for Agnico Eagle Mines in a research note issued to investors on Wednesday, November 11th. Zacks Research analyst Team now anticipates that the mining company will post earnings of $11.22 per share for the year, down from their previous estimate of $11.65. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $11.41 per share. Zacks Research also issued estimates for Agnico Eagle Mines’ Q1 2027 earnings at $2.62 EPS, Q2 2027 earnings at $2.53 EPS, Q3 2027 earnings at $2.52 EPS, Q4 2027 earnings at $2.50 EPS, FY2027 earnings at $10.17 EPS, Q1 2028 earnings at $2.66 EPS, Q2 2028 earnings at $2.74 EPS and Q3 2028 earnings at $2.62 EPS.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last released its quarterly earnings data on Wednesday, October 28th. The mining company reported $2.62 earnings per share for the quarter, beating analysts’ consensus estimates of $2.47 by $0.15. Agnico Eagle Mines had a return on equity of 21.68% and a net margin of 41.01%. The firm had revenue of $3.54 billion during the quarter, compared to analyst estimates of $3.51 billion. During the same quarter in the prior year, the firm posted $2.10 earnings per share. The business’s quarterly revenue was up 17.1% compared to the same quarter last year.

A number of other equities research analysts have also commented on AEM. JPMorgan Chase & Co. upped their price target on shares of Agnico Eagle Mines from $190.00 to $193.00 and gave the company a “neutral” rating in a report on Friday, October 30th. Citigroup cut their price target on shares of Agnico Eagle Mines from $256.00 to $200.00 and set a “buy” rating on the stock in a report on Monday, July 27th. Freedom Broker upgraded shares of Agnico Eagle Mines from a “hold” rating to a “buy” rating and set a $212.00 price objective on the stock in a research report on Monday, November 2nd. UBS Group boosted their price objective on shares of Agnico Eagle Mines from $170.00 to $190.00 and gave the company a “neutral” rating in a research report on Thursday, October 8th. Finally, Weiss Ratings raised shares of Agnico Eagle Mines from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, October 14th. Thirteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Agnico Eagle Mines currently has a consensus rating of “Moderate Buy” and a consensus price target of $227.00.

Agnico Eagle Mines Stock Down 4.1%

Shares of NYSE AEM opened at $178.42 on Friday. The company has a quick ratio of 1.90, a current ratio of 2.75 and a debt-to-equity ratio of 0.01. Agnico Eagle Mines has a 52 week low of $134.38 and a 52 week high of $255.24. The firm’s fifty day moving average is $188.10 and its 200 day moving average is $188.49. The company has a market cap of $90.26 billion, a price-to-earnings ratio of 14.55, a PEG ratio of 2.83 and a beta of 0.69.

Institutional Investors Weigh In On Agnico Eagle Mines

Large investors have recently made changes to their positions in the business. BIP Wealth LLC bought a new position in Agnico Eagle Mines in the 2nd quarter worth $1,167,000. Engineers Gate Manager LP lifted its position in shares of Agnico Eagle Mines by 914.3% in the 2nd quarter. Engineers Gate Manager LP now owns 30,246 shares of the mining company’s stock worth $4,692,000 after purchasing an additional 27,264 shares during the period. Annex Advisory Services LLC boosted its stake in shares of Agnico Eagle Mines by 70.5% during the 2nd quarter. Annex Advisory Services LLC now owns 29,007 shares of the mining company’s stock valued at $4,500,000 after purchasing an additional 11,995 shares in the last quarter. K.J. Harrison & Partners Inc bought a new stake in shares of Agnico Eagle Mines during the 2nd quarter valued at about $6,923,000. Finally, PensionDanmark Pensionsforsikringsaktieselskab boosted its stake in shares of Agnico Eagle Mines by 12.0% during the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 103,312 shares of the mining company’s stock valued at $16,046,000 after purchasing an additional 11,100 shares in the last quarter. 68.34% of the stock is currently owned by institutional investors.

Recent Agnico Eagle Mines Headlines

Here are a few of the latest headlines about AEM:

• Neutral Sentiment: The company is maintaining its outlook despite rising costs as projects advance, offering some reassurance, though cost pressure remains a concern. Agnico Eagle Mines Stock Holds Outlook as Costs Rise
• Negative Sentiment: Zacks Research cut its estimates across fiscal 2026 and 2027 and multiple quarters through Q3 2028, including lowering FY2027 EPS to $10.17 from $10.62. The repeated downgrades may weigh on sentiment, although Zacks retained a “Hold” rating. Agnico Eagle Mines Analyst Estimates
• Negative Sentiment: Recent coverage also flagged higher all-in sustaining costs and lower year-over-year gold output, raising questions about the quality and durability of cash generation despite the company’s dividend and buybacks. Investors React to Higher Costs and Lower Output

About Agnico Eagle Mines

Agnico Eagle Mines Limited (NYSE:AEM) is a Canadian gold mining company engaged in the exploration, development and production of gold, as well as related activities such as mineral processing and mine-site reclamation. The company’s principal product is gold, with silver and other byproducts also recovered from certain operations. Founded in 1957 through the merger of Agnico Mines and Eagle Mines, Agnico Eagle has grown into one of the world’s largest gold producers. Its operating portfolio is concentrated in established mining regions, including the Canadian provinces of Ontario and Quebec, Nunavut in northern Canada, and Finland.