What is Stifel Canada's Estimate for AEM FY2028 Earnings?

Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM - Stifel Canada issued their FY2028 earnings estimates for Agnico Eagle Mines in a research report issued on Wednesday, March 19th. Stifel Canada analyst R. Profiti anticipates that the mining company will post earnings of $2.62 per share for the year. 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.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last announced its quarterly earnings results on Thursday, February 13th. The mining company reported $1.26 earnings per share (EPS) 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%.

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

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Agnico Eagle Mines Stock Down 0.2 %

Agnico Eagle Mines stock traded down $0.17 during midday trading on Thursday, hitting $104.18. 1,934,187 shares of the company were exchanged, compared to its average volume of 2,323,007. The company has a market cap of $52.40 billion, a PE ratio of 27.56, a price-to-earnings-growth ratio of 0.66 and a beta of 1.00. The company's fifty day moving average price is $96.20 and its 200-day moving average price is $87.12. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.86 and a quick ratio of 0.86. Agnico Eagle Mines has a fifty-two week low of $55.98 and a fifty-two week high of $107.88.

Institutional Trading of Agnico Eagle Mines

Several large investors have recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in Agnico Eagle Mines in the fourth quarter worth about $573,446,000. FMR LLC lifted its holdings in shares of Agnico Eagle Mines by 43.5% in the third quarter. FMR LLC now owns 15,061,244 shares of the mining company's stock valued at $1,213,311,000 after buying an additional 4,562,005 shares during the period. Capital World Investors boosted its stake in 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 valued at $1,091,550,000 after buying an additional 4,121,164 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Agnico Eagle Mines by 81.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 7,051,473 shares of the mining company's stock worth $551,339,000 after acquiring an additional 3,155,927 shares during the period. Finally, AGF Management Ltd. raised its position in Agnico Eagle Mines by 184.6% in the fourth quarter. AGF Management Ltd. now owns 1,395,850 shares of the mining company's stock worth $109,205,000 after acquiring an additional 905,328 shares in the last quarter. 68.34% of the stock is currently owned by institutional investors and hedge funds.

Agnico Eagle Mines Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date of this dividend was Friday, February 28th. Agnico Eagle Mines's dividend payout ratio (DPR) is 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.