Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM) – Equities researchers at Stifel Canada issued their FY2025 earnings estimates for Agnico Eagle Mines in a research report issued on Wednesday, March 19th. Stifel Canada analyst R. Profiti expects that the mining company will earn $4.72 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. Stifel Canada also issued estimates for Agnico Eagle Mines’ FY2026 earnings at $4.00 EPS and FY2027 earnings at $2.90 EPS.
A number of other brokerages have also recently weighed in on AEM. Royal Bank of Canada upped their price target on shares of Agnico Eagle Mines from $96.00 to $105.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 11th. Scotiabank increased their target price on 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. TD Securities dropped their target price on Agnico Eagle Mines from $108.00 to $106.00 and set a “buy” rating on the stock in a report on Wednesday, February 19th. Raymond James set a $105.00 price target on Agnico Eagle Mines and gave the stock an “outperform” rating in a report on Tuesday, February 4th. Finally, Jefferies Financial Group lifted 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. One investment analyst has rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $95.78.
Agnico Eagle Mines Stock Down 1.0 %
AEM opened at $104.33 on Friday. Agnico Eagle Mines has a 1 year low of $55.64 and a 1 year high of $107.88. The firm has a 50 day moving average price of $95.77 and a 200 day moving average price of $86.82. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.86 and a current ratio of 1.86. The company has a market cap of $52.48 billion, a PE ratio of 27.60, a price-to-earnings-growth ratio of 0.66 and a beta of 1.00.
Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) last issued its 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 return on equity of 10.45% and a net margin of 22.88%.
Hedge Funds Weigh In On Agnico Eagle Mines
Institutional investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC grew its position in Agnico Eagle Mines by 37.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 30,997 shares of the mining company’s stock worth $2,424,000 after purchasing an additional 8,390 shares during the last quarter. PKO Investment Management Joint Stock Co acquired a new stake in Agnico Eagle Mines in the 4th quarter valued at approximately $14,361,000. Total Wealth Planning & Management Inc. acquired a new stake in Agnico Eagle Mines in the 4th quarter valued at approximately $593,000. Employees Retirement System of Texas raised its stake in Agnico Eagle Mines by 2.1% during the 4th quarter. Employees Retirement System of Texas now owns 84,041 shares of the mining company’s stock valued at $6,573,000 after acquiring an additional 1,690 shares in the last quarter. Finally, Azzad Asset Management Inc. ADV boosted its position in Agnico Eagle Mines by 1.9% during the 4th quarter. Azzad Asset Management Inc. ADV now owns 63,328 shares of the mining company’s stock worth $4,953,000 after acquiring an additional 1,175 shares during the period. 68.34% of the stock is owned by institutional investors.
Agnico Eagle Mines Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a $0.40 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.53%. Agnico Eagle Mines’s dividend payout ratio (DPR) is 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.
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