Cormark Has Pessimistic Outlook of Iamgold Q3 Earnings

Key Points

• Cormark has revised its Q3 2025 earnings per share estimate for Iamgold down to $0.16, reflecting a decrease from the previous forecast of $0.18.
• The company missed analysts' consensus earnings expectations for its latest quarter, reporting $0.13 per share against a projection of $0.14.
• Institutional ownership in Iamgold stands at 47.08%, with several large investors increasing their stakes during recent quarters.

Iamgold Corporation (NYSE:IAG - Free Report) TSE: IMG - Research analysts at Cormark decreased their Q3 2025 earnings per share (EPS) estimates for Iamgold in a research report issued on Monday, August 11th. Cormark analyst R. Gray now anticipates that the mining company will earn $0.16 per share for the quarter, down from their prior forecast of $0.18. The consensus estimate for Iamgold's current full-year earnings is $0.67 per share. Cormark also issued estimates for Iamgold's Q4 2025 earnings at $0.18 EPS, FY2025 earnings at $0.57 EPS and FY2026 earnings at $0.77 EPS.

Other equities research analysts also recently issued research reports about the company. National Bankshares reaffirmed an "outperform" rating on shares of Iamgold in a report on Tuesday, June 24th. Raymond James Financial raised Iamgold to a "hold" rating and set a $8.00 target price on the stock in a report on Monday, June 30th. BMO Capital Markets assumed coverage on Iamgold in a report on Wednesday, April 16th. They issued an "outperform" rating on the stock. Scotiabank raised their target price on Iamgold from $7.50 to $7.75 and gave the company a "sector perform" rating in a report on Monday, May 12th. Finally, CIBC reaffirmed an "outperform" rating on shares of Iamgold in a report on Tuesday, July 15th. Four analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, Iamgold currently has an average rating of "Moderate Buy" and an average target price of $8.53.

Iamgold Stock Up 6.6%

NYSE IAG opened at $8.05 on Wednesday. The business has a fifty day moving average price of $7.29 and a two-hundred day moving average price of $6.73. The stock has a market capitalization of $4.63 billion, a PE ratio of 5.79, a PEG ratio of 0.23 and a beta of 1.08. Iamgold has a fifty-two week low of $4.44 and a fifty-two week high of $8.38. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.47 and a quick ratio of 0.83.

Iamgold (NYSE:IAG - Get Free Report) TSE: IMG last issued its quarterly earnings results on Thursday, August 7th. The mining company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by ($0.01). The company had revenue of $587.21 million for the quarter, compared to analyst estimates of $663.21 million. Iamgold had a return on equity of 8.54% and a net margin of 40.61%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Parallel Advisors LLC raised its position in Iamgold by 272.9% during the 2nd quarter. Parallel Advisors LLC now owns 3,584 shares of the mining company's stock worth $26,000 after purchasing an additional 2,623 shares during the last quarter. Summit Securities Group LLC bought a new position in Iamgold during the 1st quarter worth $35,000. Tableaux LLC bought a new position in Iamgold during the 2nd quarter worth $61,000. Olympiad Research LP bought a new position in Iamgold during the 2nd quarter worth $87,000. Finally, Alpha Omega Wealth Management LLC acquired a new stake in Iamgold during the 1st quarter worth about $75,000. 47.08% of the stock is currently owned by institutional investors.

Iamgold Company Profile

IAMGOLD Corporation, through its subsidiaries, operates as an intermediate gold producer and developer in Canada and Burkina Faso. It owns 100% interest in the Westwood project that covers an area of 1,925 hectare and located in Quebec; a 60% interest in the Côté gold project, which covers an area of 596 square kilometer located in Ontario, Canada; and a 90% interests in the Essakane project that covers an area of 274,000 square kilometer situated in Burkina Faso.

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