What is Scotiabank's Estimate for AEM FY2025 Earnings?

Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM - Research analysts at Scotiabank cut their FY2025 earnings per share (EPS) estimates for shares of Agnico Eagle Mines in a research report issued on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now forecasts that the mining company will post earnings of $4.27 per share for the year, down from their previous forecast of $4.52. Scotiabank currently has a "Sector Outperform" rating and a $105.00 target price on the stock. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $4.63 per share.

AEM has been the subject of several other reports. National Bank Financial raised Agnico Eagle Mines to a "strong-buy" rating in a research report on Friday, March 21st. Stifel Canada raised Agnico Eagle Mines to a "strong-buy" rating in a research report on Wednesday, March 19th. TD Securities lowered their price objective on shares of Agnico Eagle Mines from $108.00 to $106.00 and set a "buy" rating on the stock in a report on Wednesday, February 19th. Royal Bank of Canada raised their target price on shares of 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, Raymond James set a $105.00 price target on shares of Agnico Eagle Mines and gave the stock an "outperform" rating in a research report on Tuesday, February 4th. One investment analyst has rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $95.78.

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Agnico Eagle Mines Stock Down 0.2 %

NYSE AEM traded down $0.21 on Monday, reaching $105.24. The company had a trading volume of 373,391 shares, compared to its average volume of 2,315,837. The company's fifty day moving average is $96.63 and its 200-day moving average is $87.32. The firm has a market capitalization of $52.93 billion, a price-to-earnings ratio of 27.81, a price-to-earnings-growth ratio of 0.66 and a beta of 1.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.86 and a current ratio of 1.86. Agnico Eagle Mines has a 1-year low of $56.05 and a 1-year high of $107.88.

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

Agnico Eagle Mines Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date of this dividend was Friday, February 28th. Agnico Eagle Mines's payout ratio is currently 42.33%.

Hedge Funds Weigh In On Agnico Eagle Mines

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

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.