Research Analysts Issue Forecasts for AEM FY2025 Earnings

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Stock analysts at Scotiabank lowered their FY2025 earnings per share (EPS) estimates for shares of Agnico Eagle Mines in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now expects that the mining company will post earnings per share of $4.27 for the year, down from their prior estimate of $4.52. Scotiabank has a “Sector Outperform” rating and a $105.00 price objective 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 posted its quarterly earnings results on Thursday, February 13th. The mining company reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate 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 equities analysts have also issued reports about the stock. TD Securities cut their price objective on shares of Agnico Eagle Mines from $108.00 to $106.00 and set a “buy” rating on the stock in a report on Wednesday, February 19th. Stifel Canada raised Agnico Eagle Mines to a “strong-buy” rating in a research note on Wednesday, March 19th. Raymond James set a $105.00 price objective on Agnico Eagle Mines and gave the stock an “outperform” rating in a research note on Tuesday, February 4th. StockNews.com lowered Agnico Eagle Mines from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 25th. Finally, Jefferies Financial Group boosted their target price on Agnico Eagle Mines from $85.00 to $88.00 and gave the stock a “hold” rating in a research report on Tuesday, January 7th. One analyst has rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $95.78.

Agnico Eagle Mines Stock Down 0.2 %

Shares of NYSE AEM opened at $104.18 on Monday. Agnico Eagle Mines has a 1 year low of $55.98 and a 1 year high of $107.88. The firm’s 50-day moving average is $96.20 and its 200-day moving average is $87.12. The company has a current ratio of 1.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $52.40 billion, a PE ratio of 27.56, a price-to-earnings-growth ratio of 0.66 and a beta of 1.00.

Hedge Funds Weigh In On Agnico Eagle Mines

Several institutional investors have recently modified their holdings of AEM. Versant Capital Management Inc acquired a new stake in Agnico Eagle Mines during the 4th quarter worth approximately $26,000. Smartleaf Asset Management LLC increased its position in shares of Agnico Eagle Mines by 859.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 355 shares of the mining company’s stock worth $28,000 after acquiring an additional 318 shares in the last quarter. Decker Retirement Planning Inc. acquired a new stake in shares of Agnico Eagle Mines during the fourth quarter worth $29,000. Fifth Third Bancorp lifted its position in Agnico Eagle Mines by 176.9% in the 4th quarter. Fifth Third Bancorp now owns 407 shares of the mining company’s stock valued at $32,000 after acquiring an additional 260 shares in the last quarter. Finally, Duncker Streett & Co. Inc. boosted its stake in Agnico Eagle Mines by 37.3% in the 4th quarter. Duncker Streett & Co. Inc. now owns 412 shares of the mining company’s stock worth $32,000 after purchasing an additional 112 shares during the period. Institutional investors own 68.34% of the company’s stock.

Agnico Eagle Mines Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date of this dividend was Friday, February 28th. Agnico Eagle Mines’s dividend payout ratio is currently 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.