Zacks Research Has Pessimistic View of TSE:AEM Q2 Earnings

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Research analysts at Zacks Research cut their Q2 2026 earnings per share estimates for shares of Agnico Eagle Mines in a research note issued on Wednesday, May 13th. Zacks Research analyst Team now expects that the company will post earnings per share of $4.28 for the quarter, down from their prior estimate of $4.34. 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’ Q4 2026 earnings at $4.30 EPS, FY2026 earnings at $17.53 EPS, Q1 2027 earnings at $4.32 EPS, Q2 2027 earnings at $4.48 EPS, Q3 2027 earnings at $4.34 EPS and Q1 2028 earnings at $4.38 EPS.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last issued its quarterly earnings data on Thursday, April 30th. The company reported C$4.73 earnings per share for the quarter. Agnico Eagle Mines had a return on equity of 22.08% and a net margin of 39.48%.The business had revenue of C$5.70 billion for the quarter.

A number of other research analysts also recently weighed in on AEM. Erste Group Bank downgraded Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Stifel Nicolaus raised their target price on Agnico Eagle Mines from C$300.00 to C$350.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. TD Securities raised their target price on Agnico Eagle Mines from C$241.00 to C$251.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. ATB Cormark Capital Markets raised Agnico Eagle Mines from a “sector” rating to an “outperform” rating in a report on Monday, May 4th. Finally, BMO Capital Markets raised their target price on Agnico Eagle Mines from C$350.00 to C$370.00 in a report on Wednesday, April 22nd. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Agnico Eagle Mines presently has an average rating of “Moderate Buy” and an average price target of C$324.20.

Agnico Eagle Mines Stock Down 1.6%

Shares of AEM stock opened at C$264.27 on Friday. The stock’s 50 day simple moving average is C$279.75 and its 200 day simple moving average is C$266.29. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.89 and a current ratio of 3.15. Agnico Eagle Mines has a twelve month low of C$145.03 and a twelve month high of C$348.94. The company has a market capitalization of C$132.40 billion, a price-to-earnings ratio of 24.88, a PEG ratio of 22.97 and a beta of 1.87.

Agnico Eagle Mines Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 16th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, March 2nd. This is a boost from Agnico Eagle Mines’s previous quarterly dividend of $0.40. Agnico Eagle Mines’s payout ratio is 15.54%.

Insider Buying and Selling at Agnico Eagle Mines

In other news, insider Guy Gosselin sold 4,947 shares of Agnico Eagle Mines stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of C$310.00, for a total transaction of C$1,533,570.00. Following the sale, the insider owned 31,381 shares of the company’s stock, valued at approximately C$9,728,110. This trade represents a 13.62% decrease in their position. Insiders own 0.08% of the company’s stock.

About Agnico Eagle Mines

Canadian-based and led, Agnico Eagle is Canada’s largest mining company and the second largest gold producer in the world, operating mines in Canada, Australia, Finland and Mexico. The Company is advancing a pipeline of high-quality development projects in these regions to support sustainable growth over the next decade. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.