What is Stifel Canada's Estimate for AEM Q1 Earnings?

Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM - Stifel Canada issued their Q1 2025 earnings per share estimates for shares of Agnico Eagle Mines in a report issued on Monday, April 21st. Stifel Canada analyst R. Profiti anticipates that the mining company will post earnings per share of $1.36 for the quarter. Stifel Canada has a "Strong-Buy" rating on the stock. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $4.63 per share.

Other equities research analysts have also recently issued reports about the company. UBS Group lifted their price objective on Agnico Eagle Mines from $110.00 to $115.00 and gave the stock a "neutral" rating in a report on Friday, April 11th. TD Securities decreased their target price on shares of Agnico Eagle Mines from $108.00 to $106.00 and set a "buy" rating on the stock in a research report on Wednesday, February 19th. StockNews.com lowered Agnico Eagle Mines from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, February 25th. Royal Bank of Canada boosted their price target on shares of Agnico Eagle Mines from $110.00 to $115.00 and gave the stock an "outperform" rating in a research note on Friday, April 4th. Finally, Bank of America raised their price objective on shares of Agnico Eagle Mines from $119.00 to $142.00 and gave the company a "buy" rating in a report on Tuesday, April 8th. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $124.40.

Agnico Eagle Mines Stock Performance

NYSE:AEM traded down $0.95 during trading hours on Tuesday, reaching $118.68. The company had a trading volume of 3,214,609 shares, compared to its average volume of 2,452,000. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.86 and a quick ratio of 0.86. The business's 50 day moving average price is $105.66 and its 200-day moving average price is $92.20. Agnico Eagle Mines has a 1-year low of $63.01 and a 1-year high of $126.76. The firm has a market cap of $59.73 billion, a PE ratio of 31.40, a price-to-earnings-growth ratio of 0.66 and a beta of 0.87.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last released its earnings results on Thursday, April 24th. The mining company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.14. Agnico Eagle Mines had a net margin of 22.88% and a return on equity of 10.45%. The company had revenue of $2.38 billion for the quarter, compared to the consensus estimate of $2.27 billion.

Hedge Funds Weigh In On Agnico Eagle Mines

Large investors have recently made changes to their positions in the stock. Van ECK Associates Corp grew its holdings in Agnico Eagle Mines by 3.6% in the fourth quarter. Van ECK Associates Corp now owns 22,322,859 shares of the mining company's stock valued at $1,745,858,000 after purchasing an additional 778,919 shares during the last quarter. Vanguard Group Inc. increased its position in Agnico Eagle Mines by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 19,865,285 shares of the mining company's stock worth $1,554,180,000 after purchasing an additional 331,087 shares in the last quarter. Capital World Investors grew its holdings in shares of Agnico Eagle Mines by 41.9% during the fourth quarter. Capital World Investors now owns 13,952,061 shares of the mining company's stock worth $1,091,550,000 after buying an additional 4,121,164 shares in the last quarter. Deutsche Bank AG raised its position in shares of Agnico Eagle Mines by 0.7% in the fourth quarter. Deutsche Bank AG now owns 11,916,739 shares of the mining company's stock valued at $932,008,000 after buying an additional 87,410 shares during the last quarter. Finally, Norges Bank acquired a new stake in Agnico Eagle Mines during the fourth quarter worth approximately $573,446,000. Hedge funds and other institutional investors own 68.34% of the company's stock.

Agnico Eagle Mines Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date is Monday, December 1st. Agnico Eagle Mines's dividend payout ratio is presently 42.33%.

About Agnico Eagle Mines

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.