Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM) – Equities research analysts at Zacks Research cut their Q3 2026 earnings per share estimates for Agnico Eagle Mines in a report released on Wednesday, August 12th. Zacks Research analyst Team now expects that the mining company will post earnings of $2.59 per share for the quarter, down from their prior estimate of $3.13. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $11.68 per share. Zacks Research also issued estimates for Agnico Eagle Mines’ Q4 2026 earnings at $2.60 EPS, FY2026 earnings at $11.65 EPS, Q1 2027 earnings at $2.71 EPS, Q2 2027 earnings at $2.73 EPS, Q3 2027 earnings at $2.59 EPS, Q4 2027 earnings at $2.59 EPS, FY2027 earnings at $10.62 EPS and FY2028 earnings at $12.07 EPS.
Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) last issued its earnings results on Wednesday, July 29th. The mining company reported $3.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $0.16. Agnico Eagle Mines had a return on equity of 22.04% and a net margin of 40.44%.The business had revenue of $3.77 billion during the quarter, compared to analysts’ expectations of $3.78 billion. During the same period in the prior year, the firm posted $1.94 EPS. Agnico Eagle Mines’s quarterly revenue was up 35.0% compared to the same quarter last year.
Read Our Latest Analysis on AEM
Agnico Eagle Mines Price Performance
Agnico Eagle Mines stock opened at $180.69 on Friday. The business has a 50 day simple moving average of $156.21 and a 200 day simple moving average of $187.05. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.86 and a quick ratio of 2.02. The company has a market capitalization of $91.57 billion, a PE ratio of 15.46, a price-to-earnings-growth ratio of 2.28 and a beta of 0.60. Agnico Eagle Mines has a one year low of $130.04 and a one year high of $255.24.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Acumen Wealth Advisors LLC bought a new stake in Agnico Eagle Mines during the 4th quarter worth about $26,000. Dunhill Financial LLC bought a new position in shares of Agnico Eagle Mines in the second quarter worth about $31,000. Fiduciary Financial Advisors acquired a new position in shares of Agnico Eagle Mines during the second quarter worth approximately $32,000. Jessup Wealth Management Inc acquired a new position in shares of Agnico Eagle Mines during the fourth quarter worth approximately $35,000. Finally, Allied Private Wealth LLC bought a new stake in shares of Agnico Eagle Mines during the second quarter valued at approximately $36,000. Institutional investors and hedge funds own 68.34% of the company’s stock.
Key Stories Impacting Agnico Eagle Mines
Here are the key news stories impacting Agnico Eagle Mines this week:
- Neutral Sentiment: Gold prices remain a key support for Agnico Eagle, keeping the company in focus as investors assess the outlook for precious-metals prices and upcoming economic data. What Is Keeping Agnico Eagle Mines in Focus as Gold Stays Firm Before the July CPI Read
- Neutral Sentiment: Agnico Eagle disclosed details of contingent value rights connected with its Rupert Resources transaction. The filing provides additional deal information but does not appear to materially change the company’s near-term operating outlook. Agnico Eagle Details Contingent Value Rights in Rupert Resources Deal
- Negative Sentiment: Zacks Research cut its EPS forecast for the third quarter of 2026 to $2.59 from $3.13 and its fourth-quarter forecast to $2.60 from $3.14. Its full-year 2026 estimate fell to $11.65 from $12.79, roughly in line with the broader $11.68 consensus.
- Negative Sentiment: The analyst also reduced its 2027 EPS forecast to $10.62 from $12.82, with cuts to each quarter, and lowered its 2028 forecast to $12.07 from $13.16. Zacks maintains a “Strong Sell” rating on AEM, making the revisions a clear near-term headwind despite Agnico Eagle’s strong balance sheet and exposure to elevated gold prices. Erste Group Bank Has Pessimistic View of AEM FY2026 Earnings
Agnico Eagle Mines Company Profile
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.
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