Erste Group Bank Estimates TSE:AEM FY2026 Earnings

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

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

Other equities research analysts have also issued reports about the stock. Barclays reduced their price objective on shares of Agnico Eagle Mines from C$298.00 to C$266.00 in a report on Thursday, July 16th. National Bank Financial lowered their target price on shares of Agnico Eagle Mines from C$350.00 to C$275.00 and set an “outperform” rating for the company in a research note on Tuesday, July 14th. Jefferies Financial Group raised Agnico Eagle Mines from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. Finally, Stifel Nicolaus cut their price target on Agnico Eagle Mines from C$350.00 to C$310.00 in a research note on Friday, July 17th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$295.33.

Agnico Eagle Mines Trading Down 4.4%

TSE AEM opened at C$268.76 on Monday. The company has a quick ratio of 0.89, a current ratio of 2.86 and a debt-to-equity ratio of 1.12. Agnico Eagle Mines has a 52 week low of C$188.48 and a 52 week high of C$348.94. The stock has a market capitalization of C$134.65 billion, a PE ratio of 23.01, a price-to-earnings-growth ratio of 22.97 and a beta of 1.83. The firm has a 50 day moving average of C$233.87 and a two-hundred day moving average of C$259.07.

Agnico Eagle Mines Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders 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 annualized dividend and a dividend yield of 0.7%. Agnico Eagle Mines’s dividend payout ratio is presently 14.55%.

Insider Activity

In related news, Director John Merfyn Roberts sold 1,000 shares of the stock in a transaction on Monday, August 10th. The shares were sold at an average price of C$244.66, for a total value of C$244,660.00. Following the transaction, the director directly owned 17,682 shares of the company’s stock, valued at C$4,326,078.12. This trade represents a 5.35% decrease in their position. Insiders own 0.08% of the company’s stock.

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.