Zacks Research Estimates TSE:AEM FY2024 Earnings

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Zacks Research issued their FY2024 EPS estimates for shares of Agnico Eagle Mines in a report issued on Tuesday, November 12th. Zacks Research analyst A. Barman anticipates that the company will earn $5.47 per share for the year. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share. Zacks Research also issued estimates for Agnico Eagle Mines’ Q1 2025 earnings at $1.09 EPS, Q2 2025 earnings at $1.20 EPS, Q3 2025 earnings at $1.26 EPS, FY2025 earnings at $4.88 EPS, Q2 2026 earnings at $1.19 EPS, Q3 2026 earnings at $1.21 EPS and FY2026 earnings at $4.67 EPS.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last announced its quarterly earnings results on Wednesday, October 30th. The company reported C$1.56 earnings per share for the quarter, topping the consensus estimate of C$1.35 by C$0.21. The company had revenue of C$2.94 billion for the quarter, compared to the consensus estimate of C$2.50 billion. Agnico Eagle Mines had a return on equity of 3.10% and a net margin of 8.49%.

Several other equities analysts have also weighed in on AEM. National Bankshares lifted their target price on shares of Agnico Eagle Mines from C$143.00 to C$144.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Stifel Nicolaus lifted their price target on shares of Agnico Eagle Mines from C$114.00 to C$140.00 in a research note on Monday, October 21st. UBS Group raised shares of Agnico Eagle Mines to a “strong-buy” rating in a report on Tuesday, September 17th. Finally, Canaccord Genuity Group upped their price target on shares of Agnico Eagle Mines from C$105.00 to C$118.00 in a research report on Tuesday, July 23rd. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$116.00.

Agnico Eagle Mines Trading Up 2.6 %

Shares of TSE:AEM opened at C$109.24 on Friday. The company has a current ratio of 1.51, a quick ratio of 0.89 and a debt-to-equity ratio of 9.94. Agnico Eagle Mines has a 12-month low of C$60.17 and a 12-month high of C$123.86. The business has a 50 day moving average of C$112.52 and a two-hundred day moving average of C$101.81. The company has a market capitalization of C$54.73 billion, a PE ratio of 68.28, a PEG ratio of 22.97 and a beta of 1.10.

Insider Buying and Selling

In other news, Senior Officer Carol-Ann Plummer-Theriault sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of C$110.34, for a total transaction of C$1,103,400.00. Also, Senior Officer Ammar Al-Joundi sold 19,900 shares of Agnico Eagle Mines stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of C$109.25, for a total transaction of C$2,174,075.00. Over the last three months, insiders have sold 103,900 shares of company stock worth $11,613,395. 0.08% of the stock is owned by insiders.

Agnico Eagle Mines Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.46%. The ex-dividend date is Friday, November 29th. Agnico Eagle Mines’s dividend payout ratio is currently 135.63%.

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.