FY2027 EPS Estimates for TSE:AEM Increased by Analyst

Agnico Eagle Mines Limited (TSE:AEMFree Report) (NYSE:AEM) – Equities research analysts at Erste Group Bank raised their FY2027 earnings per share (EPS) estimates for shares of Agnico Eagle Mines in a report released on Tuesday, September 8th. Erste Group Bank analyst H. Engel now expects that the company will post earnings of $17.49 per share for the year, up from their previous forecast of $17.43. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share.

AEM has been the topic of several other research reports. Jefferies Financial Group raised Agnico Eagle Mines from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. 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. National Bank Financial decreased their price objective on shares of Agnico Eagle Mines from C$350.00 to C$275.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 14th. Finally, Barclays lowered their price objective on shares of Agnico Eagle Mines from C$298.00 to C$266.00 in a research note on Thursday, July 16th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Agnico Eagle Mines currently has an average rating of “Moderate Buy” and a consensus price target of C$295.33.

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Agnico Eagle Mines Stock Performance

Shares of AEM stock opened at C$274.59 on Monday. The stock has a fifty day moving average price of C$244.32 and a 200 day moving average price of C$257.39. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.89 and a current ratio of 2.86. The stock has a market cap of C$137.57 billion, a PE ratio of 23.51, a P/E/G ratio of 22.97 and a beta of 2.02. Agnico Eagle Mines has a 1 year low of C$188.48 and a 1 year high of C$348.94.

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

Insider Buying and Selling

In other Agnico Eagle Mines news, Director John Merfyn Roberts sold 1,500 shares of the firm’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of C$273.35, for a total transaction of C$410,025.00. Following the completion of the transaction, the director owned 16,182 shares of the company’s stock, valued at approximately C$4,423,349.70. This trade represents a 8.48% decrease in their ownership of the stock. Company insiders own 0.08% of the company’s stock.

Agnico Eagle Mines Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Tuesday, September 1st. Agnico Eagle Mines’s dividend payout ratio is 14.55%.

Agnico Eagle Mines Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Agnico Eagle Mines (TSE:AEM)

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