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

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Equities research analysts at Stifel Canada issued their FY2028 earnings per share estimates for shares of Agnico Eagle Mines in a research note issued to investors on Wednesday, March 19th. Stifel Canada analyst R. Profiti expects that the mining company will post earnings per share of $2.62 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.

Other equities analysts have also issued reports about the company. TD Securities reduced their price objective on Agnico Eagle Mines from $108.00 to $106.00 and set a “buy” rating on the stock in a research note on Wednesday, February 19th. Royal Bank of Canada lifted their price objective on Agnico Eagle Mines from $96.00 to $105.00 and gave the company an “outperform” rating in a research note on Tuesday, February 11th. Raymond James set a $105.00 price objective on Agnico Eagle Mines and gave the company an “outperform” rating in a research note on Tuesday, February 4th. Scotiabank lifted their price objective 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. Finally, StockNews.com lowered Agnico Eagle Mines from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 25th. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $95.78.

Agnico Eagle Mines Stock Performance

NYSE AEM opened at $104.33 on Thursday. The firm has a market capitalization of $52.48 billion, a P/E ratio of 27.60, a P/E/G ratio of 0.66 and a beta of 1.00. Agnico Eagle Mines has a 1-year low of $55.64 and a 1-year high of $107.88. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.86 and a quick ratio of 0.86. The business’s 50-day simple moving average is $95.77 and its 200-day simple moving average is $86.82.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last issued its quarterly earnings results on Thursday, February 13th. The mining company reported $1.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.70 by ($0.44). Agnico Eagle Mines had a return on equity of 10.45% and a net margin of 22.88%.

Agnico Eagle Mines Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a dividend of $0.40 per share. The ex-dividend date was Friday, February 28th. This represents a $1.60 annualized dividend and a yield of 1.53%. Agnico Eagle Mines’s dividend payout ratio is presently 42.33%.

Institutional Investors Weigh In On Agnico Eagle Mines

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Van ECK Associates Corp increased its holdings in shares of Agnico Eagle Mines by 3.6% in the 4th quarter. Van ECK Associates Corp now owns 22,322,859 shares of the mining company’s stock valued at $1,745,858,000 after acquiring an additional 778,919 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Agnico Eagle Mines by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 19,865,285 shares of the mining company’s stock valued at $1,554,180,000 after acquiring an additional 331,087 shares during the last quarter. FMR LLC increased its holdings in shares of Agnico Eagle Mines by 43.5% in the 3rd quarter. FMR LLC now owns 15,061,244 shares of the mining company’s stock valued at $1,213,311,000 after acquiring an additional 4,562,005 shares during the last quarter. Capital World Investors increased its holdings in shares of Agnico Eagle Mines by 41.9% in the 4th quarter. Capital World Investors now owns 13,952,061 shares of the mining company’s stock valued at $1,091,550,000 after acquiring an additional 4,121,164 shares during the last quarter. Finally, Deutsche Bank AG increased its holdings in shares of Agnico Eagle Mines by 0.7% in the 4th quarter. Deutsche Bank AG now owns 11,916,739 shares of the mining company’s stock valued at $932,008,000 after acquiring an additional 87,410 shares during the last quarter. 68.34% of the stock is currently owned by hedge funds and other institutional investors.

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.