Stifel Canada Weighs in on TSE:AEM FY2028 Earnings

Agnico Eagle Mines Limited (TSE:AEMFree Report) (NYSE:AEM) – Equities research analysts at Stifel Canada issued their FY2028 EPS estimates for shares of Agnico Eagle Mines in a research note issued on Wednesday, March 19th. Stifel Canada analyst R. Profiti forecasts that the company will post earnings per share of $3.75 for the year. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share.

A number of other analysts have also recently weighed in on AEM. National Bankshares increased their price objective on shares of Agnico Eagle Mines from C$160.00 to C$190.00 and gave the stock an “outperform” rating in a report on Wednesday. Royal Bank of Canada raised their target price on shares of Agnico Eagle Mines to C$105.00 and gave the company a “buy” rating in a research note on Thursday, March 6th. Four investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Agnico Eagle Mines presently has an average rating of “Buy” and an average price target of C$128.71.

Check Out Our Latest Analysis on Agnico Eagle Mines

Agnico Eagle Mines Stock Down 0.2 %

AEM stock opened at C$150.88 on Thursday. The company has a quick ratio of 0.89, a current ratio of 1.75 and a debt-to-equity ratio of 7.88. Agnico Eagle Mines has a fifty-two week low of C$75.74 and a fifty-two week high of C$153.94. The firm’s 50-day simple moving average is C$136.87 and its 200 day simple moving average is C$122.06. The stock has a market cap of C$53.35 billion, a PE ratio of 53.01, a price-to-earnings-growth ratio of 22.97 and a beta of 1.10.

Insider Buying and Selling at Agnico Eagle Mines

In other news, Senior Officer Dominique Girard sold 10,000 shares of the firm’s stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of C$148.32, for a total transaction of C$1,483,200.00. Also, Director Martine Celej sold 2,208 shares of the firm’s stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of C$111.84, for a total transaction of C$246,942.72. In the last 90 days, insiders have sold 80,269 shares of company stock valued at $9,879,772. Company insiders own 0.08% of the company’s stock.

Agnico Eagle Mines Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, March 14th were paid 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 1.06%. Agnico Eagle Mines’s payout ratio is 76.24%.

About Agnico Eagle Mines

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Agnico Eagle Mines (TSE:AEM)

Receive News & Ratings for Agnico Eagle Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agnico Eagle Mines and related companies with MarketBeat.com's FREE daily email newsletter.