Zacks Research Issues Optimistic Forecast for AEM Earnings

Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM - Investment analysts at Zacks Research upped their Q1 2025 earnings per share estimates for shares of Agnico Eagle Mines in a research report issued to clients and investors on Wednesday, February 26th. Zacks Research analyst A. Barman now forecasts that the mining company will post earnings of $1.00 per share for the quarter, up from their prior forecast of $0.79. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $4.63 per share. Zacks Research also issued estimates for Agnico Eagle Mines' FY2025 earnings at $4.05 EPS and FY2026 earnings at $3.79 EPS.

Several other brokerages also recently commented on AEM. Scotiabank lifted their target price on shares of Agnico Eagle Mines from $103.00 to $105.00 and gave the stock a "sector outperform" rating in a research note on Tuesday, January 21st. Jefferies Financial Group upped their price objective on shares of Agnico Eagle Mines from $85.00 to $88.00 and gave the company a "hold" rating in a research note on Tuesday, January 7th. Raymond James set a $105.00 target price on Agnico Eagle Mines and gave the stock an "outperform" rating in a research note on Tuesday, February 4th. Royal Bank of Canada upped their price target on Agnico Eagle Mines from $96.00 to $105.00 and gave the company an "outperform" rating in a research report on Tuesday, February 11th. Finally, StockNews.com lowered Agnico Eagle Mines from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, February 25th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $95.78.

Agnico Eagle Mines Trading Down 1.1 %

AEM stock traded down $1.11 during midday trading on Monday, hitting $98.44. The company had a trading volume of 678,088 shares, compared to its average volume of 2,352,658. The stock has a market cap of $49.51 billion, a price-to-earnings ratio of 26.00, a PEG ratio of 0.66 and a beta of 1.10. Agnico Eagle Mines has a 52 week low of $53.11 and a 52 week high of $101.45. The company has a current ratio of 1.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.06. The stock's 50 day moving average price is $90.12 and its 200 day moving average price is $85.04.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last posted its quarterly earnings results on Thursday, February 13th. The mining company reported $1.26 EPS for the quarter, missing the consensus estimate of $1.70 by ($0.44). Agnico Eagle Mines had a return on equity of 10.45% and a net margin of 22.88%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Versant Capital Management Inc purchased a new position in shares of Agnico Eagle Mines during the 4th quarter valued at $26,000. Smartleaf Asset Management LLC raised its stake in Agnico Eagle Mines by 859.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 355 shares of the mining company's stock valued at $28,000 after purchasing an additional 318 shares during the period. Decker Retirement Planning Inc. purchased a new position in Agnico Eagle Mines in the 4th quarter worth approximately $29,000. Fifth Third Bancorp boosted its stake in Agnico Eagle Mines by 176.9% in the 4th quarter. Fifth Third Bancorp now owns 407 shares of the mining company's stock worth $32,000 after purchasing an additional 260 shares during the period. Finally, Duncker Streett & Co. Inc. grew its holdings in Agnico Eagle Mines by 37.3% during the 4th quarter. Duncker Streett & Co. Inc. now owns 412 shares of the mining company's stock valued at $32,000 after buying an additional 112 shares in the last quarter. 68.34% of the stock is owned by hedge funds and other institutional investors.

Agnico Eagle Mines Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.63%. The ex-dividend date is Friday, February 28th. Agnico Eagle Mines's dividend payout ratio is presently 42.33%.

Agnico Eagle Mines Company Profile

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.