Cormark Has Bearish Forecast for 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 - Equities researchers at Cormark lowered their Q3 2025 earnings estimates for shares of Iamgold in a report issued on Monday, August 11th. Cormark analyst R. Gray now forecasts 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.

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

A number of other research firms also recently issued reports on IAG. Scotiabank boosted their target price on shares of Iamgold from $7.50 to $7.75 and gave the company a "sector perform" rating in a report on Monday, May 12th. Raymond James Financial raised shares of Iamgold to a "hold" rating and set a $8.00 target price for the company in a research note on Monday, June 30th. CIBC restated an "outperform" rating on shares of Iamgold in a research report on Tuesday, July 15th. Finally, National Bankshares restated an "outperform" rating on shares of Iamgold in a report on Tuesday, June 24th. Four investment analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $8.53.

Iamgold Price Performance

Shares of NYSE IAG traded up $0.14 during midday trading on Wednesday, hitting $8.14. The company had a trading volume of 17,593,072 shares, compared to its average volume of 13,376,783. The company has a quick ratio of 0.83, a current ratio of 1.47 and a debt-to-equity ratio of 0.31. Iamgold has a twelve month low of $4.44 and a twelve month high of $8.38. The business has a 50-day simple moving average of $7.32 and a two-hundred day simple moving average of $6.78. The firm has a market capitalization of $4.68 billion, a price-to-earnings ratio of 5.86, a price-to-earnings-growth ratio of 0.26 and a beta of 1.08.

Institutional Investors Weigh In On Iamgold

Hedge funds have recently added to or reduced their stakes in the business. Parallel Advisors LLC increased its position in shares of Iamgold by 272.9% during the 2nd quarter. Parallel Advisors LLC now owns 3,584 shares of the mining company's stock valued at $26,000 after purchasing an additional 2,623 shares during the last quarter. Banque Transatlantique SA purchased a new position in shares of Iamgold during the 2nd quarter valued at $26,000. Summit Securities Group LLC purchased a new position in Iamgold during the first quarter worth about $35,000. Tableaux LLC purchased a new stake in Iamgold in the second quarter valued at approximately $61,000. Finally, Alpha Omega Wealth Management LLC purchased a new position in shares of Iamgold in 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.