Q2 EPS Estimates for Iamgold Cut by Raymond James Financial

Key Points

• Raymond James Financial has cut its Q2 2025 EPS estimates for Iamgold to $0.17, down from $0.24, maintaining a "Hold" rating with a price objective of $8.00.
• For 2025, Iamgold's anticipated earnings have been adjusted with Q3 at $0.26 EPS and Q4 at $0.29 EPS, while the full-year estimate stands at $0.82 EPS.
• Iamgold's stock recently traded down by 0.4%, closing at $7.03, with analysts currently giving it an average rating of "Moderate Buy" and a target price of $8.53.

Iamgold Corporation (NYSE:IAG - Free Report) TSE: IMG - Analysts at Raymond James Financial reduced their Q2 2025 earnings per share (EPS) estimates for shares of Iamgold in a research report issued to clients and investors on Wednesday, July 23rd. Raymond James Financial analyst J. Elliott now anticipates that the mining company will earn $0.17 per share for the quarter, down from their prior forecast of $0.24. Raymond James Financial currently has a "Hold" rating and a $8.00 target price on the stock. The consensus estimate for Iamgold's current full-year earnings is $0.67 per share. Raymond James Financial also issued estimates for Iamgold's Q3 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.29 EPS, FY2025 earnings at $0.82 EPS, Q1 2026 earnings at $0.35 EPS, Q2 2026 earnings at $0.35 EPS, Q3 2026 earnings at $0.34 EPS, Q4 2026 earnings at $0.34 EPS and FY2026 earnings at $1.37 EPS.

A number of other research analysts have also commented on IAG. CIBC reaffirmed an "outperform" rating on shares of Iamgold in a report on Tuesday, July 15th. BMO Capital Markets assumed coverage on Iamgold in a report on Wednesday, April 16th. They issued an "outperform" rating on the stock. National Bankshares restated an "outperform" rating on shares of Iamgold in a research report on Tuesday, June 24th. Finally, Scotiabank boosted their price target on Iamgold from $7.50 to $7.75 and gave the company a "sector perform" rating in a research note on Monday, May 12th. Four equities research analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $8.53.

Iamgold Stock Performance

NYSE IAG traded down $0.15 on Friday, reaching $6.89. The stock had a trading volume of 4,925,853 shares, compared to its average volume of 14,288,613. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.41 and a quick ratio of 0.83. The firm has a fifty day moving average of $7.18 and a two-hundred day moving average of $6.60. Iamgold has a 1-year low of $3.44 and a 1-year high of $8.38. The company has a market cap of $3.96 billion, a P/E ratio of 4.88, a price-to-earnings-growth ratio of 0.34 and a beta of 1.15.

Iamgold (NYSE:IAG - Get Free Report) TSE: IMG last posted its quarterly earnings results on Tuesday, May 6th. The mining company reported $0.10 earnings per share for the quarter, meeting analysts' consensus estimates of $0.10. Iamgold had a return on equity of 9.26% and a net margin of 45.42%. The business had revenue of $457.23 million for the quarter, compared to analysts' expectations of $578.70 million.

Hedge Funds Weigh In On Iamgold

Several large investors have recently bought and sold shares of the company. Franklin Resources Inc. raised its position in Iamgold by 5.3% in the fourth quarter. Franklin Resources Inc. now owns 36,156 shares of the mining company's stock valued at $187,000 after purchasing an additional 1,836 shares during the last quarter. Parallel Advisors LLC raised its position in shares of Iamgold by 272.9% during the second quarter. Parallel Advisors LLC now owns 3,584 shares of the mining company's stock worth $26,000 after acquiring an additional 2,623 shares during the last quarter. Hsbc Holdings PLC raised its position in shares of Iamgold by 17.8% during the first quarter. Hsbc Holdings PLC now owns 19,973 shares of the mining company's stock worth $125,000 after acquiring an additional 3,020 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its position in shares of Iamgold by 10.7% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 36,901 shares of the mining company's stock worth $271,000 after acquiring an additional 3,562 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Iamgold by 12.7% during the fourth quarter. Bank of New York Mellon Corp now owns 35,046 shares of the mining company's stock worth $181,000 after acquiring an additional 3,961 shares during the last quarter. 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.