Erste Group Bank Has Strong Estimate for AEM FY2026 Earnings

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Equities researchers at Erste Group Bank upped their FY2026 earnings per share (EPS) estimates for Agnico Eagle Mines in a research note issued to investors on Thursday, June 25th. Erste Group Bank analyst H. Engel now anticipates 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 has a “Hold” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $13.20 per share.

Several other brokerages have also recently issued reports on AEM. Wall Street Zen upgraded shares of Agnico Eagle Mines from a “hold” rating to a “buy” rating in a report on Saturday. Weiss Ratings cut shares of Agnico Eagle Mines from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. JPMorgan Chase & Co. increased their price objective on shares of Agnico Eagle Mines from $220.00 to $222.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. Zacks Research lowered shares of Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a report on Monday, March 30th. Finally, 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 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Agnico Eagle Mines currently has an average rating of “Moderate Buy” and an average price target of $232.75.

Agnico Eagle Mines Stock Up 0.9%

Shares of NYSE AEM opened at $155.09 on Wednesday. Agnico Eagle Mines has a 52-week low of $115.19 and a 52-week high of $255.24. The firm has a market capitalization of $78.71 billion, a price-to-earnings ratio of 14.58, a PEG ratio of 3.38 and a beta of 0.56. The stock has a 50 day moving average price of $177.76 and a 200 day moving average price of $194.03. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.18 and a current ratio of 3.15.

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. The business had revenue of $4 billion during the quarter, compared to analyst estimates of $3.96 billion. Agnico Eagle Mines had a return on equity of 21.09% and a net margin of 39.46%.The company’s revenue for the quarter was up 66.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.53 earnings per share.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. VectorGlobal IAG Inc. acquired a new position in Agnico Eagle Mines during the first quarter valued at $429,000. Western Wealth Management LLC purchased a new stake in Agnico Eagle Mines in the first quarter valued at $208,000. Parallel Advisors LLC grew its position in Agnico Eagle Mines by 9.3% during the 1st quarter. Parallel Advisors LLC now owns 2,100 shares of the mining company’s stock worth $426,000 after purchasing an additional 179 shares during the period. Axiom Investment Management LLC acquired a new stake in Agnico Eagle Mines during the 1st quarter worth about $382,000. Finally, BankChampaign National Association purchased a new position in shares of Agnico Eagle Mines during the 1st quarter valued at about $1,555,000. Hedge funds and other institutional investors own 68.34% of the company’s stock.

About Agnico Eagle Mines

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.