Erste Group Bank Has Weak Estimate for AEM FY2026 Earnings

Posted by Brian Himes on Jul 22nd, 2026

Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM) – Equities research analysts at Erste Group Bank reduced their FY2026 EPS estimates for shares of Agnico Eagle Mines in a research report issued on Wednesday, July 15th. Erste Group Bank analyst H. Engel now anticipates that the mining company will post earnings of $12.86 per share for the year, down from their prior estimate of $13.76. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $12.09 per share.

Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) last issued its quarterly earnings data on Thursday, April 30th. The mining company reported $3.40 earnings per share for the quarter, beating analysts’ consensus estimates of $3.19 by $0.21. Agnico Eagle Mines had a return on equity of 21.09% and a net margin of 39.46%.The firm had revenue of $4 billion during the quarter, compared to analyst estimates of $3.96 billion. During the same quarter last year, the business posted $1.53 earnings per share. The business’s quarterly revenue was up 66.1% compared to the same quarter last year.

Other research analysts have also issued reports about the stock. Citigroup reissued a “positive” rating on shares of Agnico Eagle Mines in a report on Wednesday, July 15th. Bank of America decreased their price target on shares of Agnico Eagle Mines from $302.00 to $240.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Scotia lowered their price objective on shares of Agnico Eagle Mines from $280.00 to $278.00 and set a “sector outperform” rating for the company in a research report on Friday, July 3rd. Zacks Research cut shares of Agnico Eagle Mines from a “hold” rating to a “strong sell” rating in a research note on Friday, July 17th. Finally, Weiss Ratings downgraded shares of Agnico Eagle Mines from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 2nd. Twelve analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $230.00.

Read Our Latest Research Report on Agnico Eagle Mines

Agnico Eagle Mines Stock Up 3.8%

Shares of AEM opened at $141.55 on Monday. The stock has a market capitalization of $71.85 billion, a price-to-earnings ratio of 13.30, a price-to-earnings-growth ratio of 1.84 and a beta of 0.60. Agnico Eagle Mines has a 1 year low of $122.32 and a 1 year high of $255.24. The business’s 50 day simple moving average is $163.09 and its 200-day simple moving average is $191.11. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.15 and a quick ratio of 2.18.

Institutional Trading of Agnico Eagle Mines

A number of institutional investors have recently bought and sold shares of the stock. Sumitomo Mitsui Trust Group Inc. raised its position in Agnico Eagle Mines by 42.9% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 65,404 shares of the mining company’s stock worth $11,088,000 after purchasing an additional 19,647 shares during the period. Gunderson Capital Management Inc. boosted its position in shares of Agnico Eagle Mines by 187.6% during the fourth quarter. Gunderson Capital Management Inc. now owns 48,104 shares of the mining company’s stock valued at $8,155,000 after buying an additional 31,378 shares during the period. TB Alternative Assets Ltd. grew its stake in shares of Agnico Eagle Mines by 34.2% during the fourth quarter. TB Alternative Assets Ltd. now owns 229,630 shares of the mining company’s stock valued at $38,929,000 after buying an additional 58,490 shares during the last quarter. J. Safra Sarasin Holding AG grew its stake in shares of Agnico Eagle Mines by 36.1% during the fourth quarter. J. Safra Sarasin Holding AG now owns 46,141 shares of the mining company’s stock valued at $7,822,000 after buying an additional 12,244 shares during the last quarter. Finally, SteelPeak Wealth LLC purchased a new stake in shares of Agnico Eagle Mines in the fourth quarter worth approximately $2,198,000. 68.34% of the stock is currently owned by institutional investors.

Agnico Eagle Mines News Summary

Here are the key news stories impacting Agnico Eagle Mines this week:

Negative Sentiment: JPMorgan lowered its price target on Agnico Eagle Mines from $222 to $175 and kept a neutral rating, signaling less upside than before and pressuring investor expectations. Benzinga report on JPMorgan price target cut
Negative Sentiment: Zacks added AEM to its Rank #5 “Strong Sell” list, which can weigh on the stock because it reflects weakening near-term earnings sentiment. Yahoo Finance/Zacks Strong Sell article
Negative Sentiment: Another Zacks article repeated the Strong Sell designation, reinforcing the cautious analyst tone around AEM. Zacks Strong Sell article
Neutral Sentiment: Separately, a Seeking Alpha piece argued Agnico Eagle remains undervalued and could benefit from its Finland expansion, highlighting long-term growth potential rather than a near-term catalyst. Seeking Alpha Agnico Eagle Finland expansion article
Neutral Sentiment: Broader commentary on gold miners suggested the group may be undervalued relative to gold prices, but this was industry-wide and not specific to AEM’s immediate fundamentals. MarketBeat gold miners article

About Agnico Eagle Mines

(Get Free Report)

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.