Stifel Canada Forecasts IAMGOLD's FY2026 Earnings (NYSE:IAG)

IAMGOLD Co. (NYSE:IAG - Free Report) TSE: IMG - Analysts at Stifel Canada boosted their FY2026 EPS estimates for shares of IAMGOLD in a research report issued on Monday, April 21st. Stifel Canada analyst I. Rico now forecasts that the mining company will earn $1.19 per share for the year, up from their prior estimate of $0.97. The consensus estimate for IAMGOLD's current full-year earnings is $0.67 per share. Stifel Canada also issued estimates for IAMGOLD's FY2027 earnings at $1.22 EPS.

IAG has been the topic of a number of other reports. National Bank Financial raised IAMGOLD to a "strong-buy" rating in a research note on Friday, March 21st. Scotiabank upped their price target on shares of IAMGOLD from $6.75 to $7.50 and gave the company a "sector perform" rating in a report on Monday, April 14th. StockNews.com lowered shares of IAMGOLD from a "buy" rating to a "hold" rating in a report on Thursday, February 27th. BMO Capital Markets initiated coverage on shares of IAMGOLD in a research report on Wednesday, April 16th. They issued an "outperform" rating on the stock. Finally, CIBC reiterated an "outperform" rating on shares of IAMGOLD in a report on Thursday, March 20th. Four research analysts have rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, IAMGOLD has an average rating of "Moderate Buy" and a consensus target price of $7.57.

IAMGOLD Trading Up 2.6 %

NYSE:IAG traded up $0.18 during trading hours on Wednesday, reaching $7.21. The company's stock had a trading volume of 16,309,167 shares, compared to its average volume of 10,170,069. The firm has a market capitalization of $4.15 billion, a price-to-earnings ratio of 4.97 and a beta of 1.52. The firm has a 50-day simple moving average of $6.28 and a 200-day simple moving average of $5.84. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.61 and a current ratio of 0.89. IAMGOLD has a 1 year low of $3.44 and a 1 year high of $8.38.

IAMGOLD (NYSE:IAG - Get Free Report) TSE: IMG last announced its earnings results on Thursday, February 20th. The mining company reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by ($0.05). IAMGOLD had a net margin of 50.19% and a return on equity of 10.64%. The company had revenue of $469.90 million during the quarter, compared to analysts' expectations of $498.68 million.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Franklin Resources Inc. boosted its holdings in shares of IAMGOLD by 5.3% in the fourth quarter. Franklin Resources Inc. now owns 36,156 shares of the mining company's stock worth $187,000 after buying an additional 1,836 shares during the last quarter. CIBC Asset Management Inc increased its stake in shares of IAMGOLD by 0.4% in the 4th quarter. CIBC Asset Management Inc now owns 700,955 shares of the mining company's stock worth $3,615,000 after purchasing an additional 2,848 shares in the last quarter. Bank of New York Mellon Corp lifted its position in 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 valued at $181,000 after purchasing an additional 3,961 shares in the last quarter. Northwest & Ethical Investments L.P. grew its holdings in IAMGOLD by 4.6% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 91,623 shares of the mining company's stock valued at $473,000 after purchasing an additional 4,013 shares during the period. Finally, Freedom Investment Management Inc. increased its position in IAMGOLD by 4.2% in the fourth quarter. Freedom Investment Management Inc. now owns 108,747 shares of the mining company's stock worth $561,000 after buying an additional 4,399 shares in the last quarter. Institutional investors own 47.08% of the company's stock.

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.