What is Erste Group Bank’s Estimate for AEM FY2026 Earnings?

by · The Markets Daily

Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM) – Equities researchers at Erste Group Bank decreased their FY2026 earnings per share estimates for shares of Agnico Eagle Mines in a report released on Friday, September 18th. Erste Group Bank analyst H. Engel now expects that the mining company will earn $11.15 per share for the year, down from their previous forecast of $12.15. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $11.46 per share. Erste Group Bank also issued estimates for Agnico Eagle Mines’ FY2027 earnings at $12.50 EPS.

AEM has been the subject of a number of other research reports. Barclays cut their target price on shares of Agnico Eagle Mines from $210.00 to $188.00 and set an “overweight” rating for the company in a research note on Wednesday, July 15th. JPMorgan Chase & Co. lifted their price objective on Agnico Eagle Mines from $175.00 to $179.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Jefferies Financial Group upgraded Agnico Eagle Mines from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $187.00 to $200.00 in a research note on Monday, July 6th. Citigroup cut their price objective on Agnico Eagle Mines from $256.00 to $200.00 and set a “buy” rating for the company in a research note on Monday, July 27th. Finally, Zacks Research upgraded Agnico Eagle Mines from a “strong sell” rating to a “hold” rating in a research report on Monday, September 7th. Twelve analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Agnico Eagle Mines currently has a consensus rating of “Moderate Buy” and a consensus target price of $227.15.

View Our Latest Analysis on AEM

Agnico Eagle Mines Stock Performance

NYSE:AEM opened at $195.48 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.02 and a current ratio of 2.86. The stock has a market capitalization of $99.09 billion, a PE ratio of 16.72, a P/E/G ratio of 2.55 and a beta of 0.67. Agnico Eagle Mines has a fifty-two week low of $134.38 and a fifty-two week high of $255.24. The company has a fifty day moving average of $182.66 and a two-hundred day moving average of $183.64.

Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) last released its quarterly earnings results on Wednesday, July 29th. The mining company reported $3.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.89 by $0.16. The firm had revenue of $3.77 billion for the quarter, compared to analysts’ expectations of $3.78 billion. Agnico Eagle Mines had a net margin of 40.44% and a return on equity of 22.04%. The firm’s revenue for the quarter was up 35.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.94 EPS.

Hedge Funds Weigh In On Agnico Eagle Mines

Several hedge funds and other institutional investors have recently modified their holdings of the business. BIP Wealth LLC purchased a new position in Agnico Eagle Mines in the second quarter valued at approximately $1,167,000. Annex Advisory Services LLC lifted its position in shares of Agnico Eagle Mines by 70.5% during the 2nd quarter. Annex Advisory Services LLC now owns 29,007 shares of the mining company’s stock worth $4,500,000 after buying an additional 11,995 shares during the last quarter. K.J. Harrison & Partners Inc purchased a new stake in shares of Agnico Eagle Mines during the 2nd quarter worth approximately $6,923,000. PensionDanmark Pensionsforsikringsaktieselskab boosted its holdings in shares of Agnico Eagle Mines by 12.0% in the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 103,312 shares of the mining company’s stock valued at $16,046,000 after buying an additional 11,100 shares in the last quarter. Finally, Danske Bank A S acquired a new position in shares of Agnico Eagle Mines in the 2nd quarter valued at $737,000. 68.34% of the stock is owned by hedge funds and other institutional investors.

Agnico Eagle Mines Company Profile

(Get Free Report)

Agnico Eagle Mines Limited is a Canadian-based gold mining company engaged in the exploration, development and production of gold and other mineral resources. The company’s primary product is gold, with silver and other byproducts also recovered from certain operations. Its activities include operating mines, advancing development projects and conducting exploration to expand and replace mineral reserves.

Founded in 1957 through the merger of Agnico Mines and Eagle Mines, Agnico Eagle has grown into one of the world’s major gold producers.

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