Erste Group Bank Has Positive Outlook of AEM FY2026 Earnings

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Stock analysts at Erste Group Bank boosted their FY2026 earnings per share (EPS) estimates for shares of Agnico Eagle Mines in a research report issued on Thursday, June 25th. Erste Group Bank analyst H. Engel now forecasts that the mining company will post earnings of $13.76 per share for the year, up from their previous forecast of $13.61. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $13.20 per share.

AEM has been the topic of a number of other reports. Zacks Research lowered Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 30th. Barclays began coverage on shares of Agnico Eagle Mines in a report on Thursday, May 21st. They set an “overweight” rating and a $213.00 target price for the company. UBS Group decreased their price target on shares of Agnico Eagle Mines from $210.00 to $170.00 and set a “neutral” rating on the stock in a research note on Tuesday. Weiss Ratings lowered shares of Agnico Eagle Mines from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Finally, Canadian Imperial Bank of Commerce boosted their price target on shares of Agnico Eagle Mines from C$304.00 to C$310.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $232.75.

Agnico Eagle Mines Price Performance

Shares of Agnico Eagle Mines stock opened at $155.09 on Wednesday. The business has a 50 day simple moving average of $177.76 and a two-hundred day simple moving average of $194.03. Agnico Eagle Mines has a 12 month low of $115.19 and a 12 month high of $255.24. The stock has a market capitalization of $78.71 billion, a P/E ratio of 14.58, a PEG ratio of 3.38 and a beta of 0.56. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.15 and a quick ratio of 2.18.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last announced its earnings results on Thursday, April 30th. The mining company reported $3.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.19 by $0.21. Agnico Eagle Mines had a net margin of 39.46% and a return on equity of 21.09%. The business had revenue of $4 billion for the quarter, compared to analyst estimates of $3.96 billion. During the same quarter last year, the business earned $1.53 earnings per share. The company’s revenue for the quarter was up 66.1% compared to the same quarter last year.

Institutional Trading of Agnico Eagle Mines

Large investors have recently added to or reduced their stakes in the stock. Acumen Wealth Advisors LLC purchased a new position in shares of Agnico Eagle Mines during the 4th quarter worth $26,000. Abound Wealth Management boosted its position in shares of Agnico Eagle Mines by 99.0% during the 4th quarter. Abound Wealth Management now owns 209 shares of the mining company’s stock valued at $35,000 after acquiring an additional 104 shares during the last quarter. Lodestone Wealth Management LLC purchased a new stake in shares of Agnico Eagle Mines in the fourth quarter valued at about $35,000. Jessup Wealth Management Inc purchased a new stake in shares of Agnico Eagle Mines in the fourth quarter valued at about $35,000. Finally, Bangor Savings Bank acquired a new stake in Agnico Eagle Mines during the fourth quarter worth about $37,000. 68.34% of the stock is currently owned by hedge funds and other institutional investors.

Agnico Eagle Mines Company Profile

Agnico Eagle Mines Limited (NYSE: AEM) is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.

Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.