FY2025 EPS Estimate for Agnico Eagle Mines Raised by Analyst

Agnico Eagle Mines Limited (TSE:AEM - Free Report) NYSE: AEM - Investment analysts at Stifel Canada raised their FY2025 earnings per share (EPS) estimates for Agnico Eagle Mines in a research note issued to investors on Monday, October 21st. Stifel Canada analyst I. Rico now forecasts that the company will post earnings of $7.69 per share for the year, up from their previous forecast of $5.47. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $5.50 per share. Stifel Canada also issued estimates for Agnico Eagle Mines' FY2026 earnings at $6.61 EPS.

Agnico Eagle Mines (TSE:AEM - Get Free Report) NYSE: AEM last posted its quarterly earnings results on Wednesday, July 31st. The company reported C$1.46 earnings per share for the quarter, beating the consensus estimate of C$1.27 by C$0.19. Agnico Eagle Mines had a net margin of 8.49% and a return on equity of 3.10%. The firm had revenue of C$2.84 billion during the quarter, compared to the consensus estimate of C$2.36 billion.

Several other analysts also recently weighed in on AEM. UBS Group raised shares of Agnico Eagle Mines to a "strong-buy" rating in a research note on Tuesday, September 17th. Eight Capital lifted their price target on shares of Agnico Eagle Mines from C$105.00 to C$115.00 in a research note on Thursday, July 11th. Canaccord Genuity Group boosted their price objective on shares of Agnico Eagle Mines from C$105.00 to C$118.00 in a research note on Tuesday, July 23rd. Finally, Stifel Nicolaus boosted their price objective on shares of Agnico Eagle Mines from C$114.00 to C$140.00 in a research note on Monday. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Agnico Eagle Mines has a consensus rating of "Buy" and a consensus price target of C$110.29.

Agnico Eagle Mines Stock Performance

The company's fifty day moving average is C$109.71 and its 200 day moving average is C$98.35. The company has a quick ratio of 0.89, a current ratio of 1.51 and a debt-to-equity ratio of 9.94. Agnico Eagle Mines has a 12 month low of C$60.17 and a 12 month high of C$123.08. The company has a market capitalization of C$61.03 billion, a P/E ratio of 75.06, a PEG ratio of 22.97 and a beta of 1.10.

Insider Transactions at Agnico Eagle Mines

In other news, Senior Officer Carol-Ann Plummer-Theriault sold 25,000 shares of the company's stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of C$101.85, for a total transaction of C$2,546,250.00. In other news, Senior Officer Carol-Ann Plummer-Theriault sold 25,000 shares of the company's stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of C$101.85, for a total transaction of C$2,546,250.00. Also, Director John Merfyn Roberts sold 2,000 shares of the business's stock in a transaction on Friday, August 23rd. The shares were sold at an average price of C$111.84, for a total transaction of C$223,680.00. Over the last three months, insiders have sold 115,000 shares of company stock valued at $12,518,150. Corporate insiders own 0.08% of the company's stock.

Agnico Eagle Mines Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Friday, August 30th were paid a $0.547 dividend. This is an increase from Agnico Eagle Mines's previous quarterly dividend of $0.40. The ex-dividend date was Friday, August 30th. This represents a $2.19 dividend on an annualized basis and a yield of ∞. Agnico Eagle Mines's payout ratio is 135.63%.

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.