FY2028 Earnings Estimate for AEM Issued By Stifel Canada

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Stock analysts at Stifel Canada issued their FY2028 EPS estimates for Agnico Eagle Mines in a research note issued to investors on Wednesday, March 19th. Stifel Canada analyst R. Profiti forecasts 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) (TSE:AEM) last announced its quarterly earnings results on Thursday, February 13th. The mining company reported $1.26 earnings per share for the quarter, missing analysts’ consensus estimates of $1.70 by ($0.44). Agnico Eagle Mines had a net margin of 22.88% and a return on equity of 10.45%.

Other research analysts have also recently issued research reports about the stock. StockNews.com cut shares of Agnico Eagle Mines from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 25th. TD Securities dropped their price objective on shares of Agnico Eagle Mines from $108.00 to $106.00 and set a “buy” rating for the company in a report on Wednesday, February 19th. Raymond James set a $105.00 price objective on shares of Agnico Eagle Mines and gave the company an “outperform” rating in a report on Tuesday, February 4th. Jefferies Financial Group boosted their price target on shares of Agnico Eagle Mines from $85.00 to $88.00 and gave the stock a “hold” rating in a report on Tuesday, January 7th. Finally, Royal Bank of Canada boosted their price target on shares of Agnico Eagle Mines from $96.00 to $105.00 and gave the stock an “outperform” rating in a report on Tuesday, February 11th. One investment analyst has rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $95.78.

Agnico Eagle Mines Trading Down 0.3 %

Shares of AEM stock opened at $105.52 on Thursday. 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 stock has a market capitalization of $53.07 billion, a P/E ratio of 27.91, a price-to-earnings-growth ratio of 0.66 and a beta of 1.00. The company has a 50 day moving average price of $94.93 and a 200 day moving average price of $86.53. Agnico Eagle Mines has a fifty-two week low of $54.02 and a fifty-two week high of $107.88.

Agnico Eagle Mines Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.60 annualized dividend and a yield of 1.52%. Agnico Eagle Mines’s dividend payout ratio is presently 42.33%.

Hedge Funds Weigh In On Agnico Eagle Mines

Hedge funds and other institutional investors have recently bought and sold shares of the company. Versant Capital Management Inc acquired a new position in Agnico Eagle Mines during the fourth quarter worth $26,000. Smartleaf Asset Management LLC grew 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 valued at $28,000 after acquiring an additional 318 shares during the period. Decker Retirement Planning Inc. purchased a new stake in shares of Agnico Eagle Mines in the fourth quarter worth about $29,000. Fifth Third Bancorp boosted 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 worth $32,000 after buying an additional 260 shares during the period. Finally, Duncker Streett & Co. Inc. lifted its stake in shares of Agnico Eagle Mines by 37.3% in the fourth quarter. Duncker Streett & Co. Inc. now owns 412 shares of the mining company’s stock worth $32,000 after acquiring an additional 112 shares in the last quarter. 68.34% of the stock is owned by institutional investors and hedge funds.

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.