Raymond James Financial Estimates Iamgold Q2 Earnings

Iamgold Corporation (NYSE:IAG - Free Report) TSE: IMG - Analysts at Raymond James Financial cut their Q2 2025 earnings per share estimates for shares of Iamgold in a research note issued on Wednesday, July 23rd. Raymond James Financial analyst J. Elliott now anticipates that the mining company will post earnings of $0.17 per share for the quarter, down from their prior estimate 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.

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. The company had revenue of $457.23 million for the quarter, compared to the consensus estimate of $578.70 million. Iamgold had a net margin of 45.42% and a return on equity of 9.26%.

A number of other equities analysts have also recently issued reports on the company. CIBC reaffirmed an "outperform" rating on shares of Iamgold in a report on Tuesday, July 15th. Scotiabank raised their price objective 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. National Bankshares reissued an "outperform" rating on shares of Iamgold in a report on Tuesday, June 24th. Finally, BMO Capital Markets assumed coverage on shares of Iamgold in a report on Wednesday, April 16th. They set an "outperform" rating on the stock. Four investment analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $8.53.

Iamgold Price Performance

Iamgold stock traded down $0.03 during mid-day trading on Friday, reaching $7.03. The company had a trading volume of 15,133,411 shares, compared to its average volume of 12,562,073. Iamgold has a fifty-two week low of $3.44 and a fifty-two week high of $8.38. The company has a market cap of $4.04 billion, a P/E ratio of 4.98, a P/E/G ratio of 0.34 and a beta of 1.15. The company has a current ratio of 1.41, a quick ratio of 0.83 and a debt-to-equity ratio of 0.29. The business has a fifty day simple moving average of $7.16 and a 200 day simple moving average of $6.58.

Institutional Trading of Iamgold

A number of large investors have recently bought and sold shares of the business. RCF Management L.L.C. bought a new position in shares of Iamgold during the 4th quarter worth about $128,174,000. T. Rowe Price Investment Management Inc. bought a new position in Iamgold in the first quarter worth approximately $45,911,000. Millennium Management LLC grew its stake in Iamgold by 88.4% in the fourth quarter. Millennium Management LLC now owns 10,330,194 shares of the mining company's stock valued at $53,307,000 after acquiring an additional 4,846,254 shares during the period. Nuveen LLC acquired a new position in shares of Iamgold during the first quarter worth approximately $20,620,000. Finally, Anson Funds Management LP lifted its holdings in shares of Iamgold by 2,100.0% in the 1st quarter. Anson Funds Management LP now owns 3,300,000 shares of the mining company's stock worth $20,598,000 after purchasing an additional 3,150,000 shares in the last quarter. 47.08% of the stock is currently owned by institutional investors and hedge funds.

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.