Iamgold (IAG) Expected to Announce Earnings on Thursday

Key Points

• Iamgold (IAG) is set to release its Q2 2025 earnings on Thursday, August 7th, with expectations of $0.17 per share and revenue of $663.21 million.
• In the last reported quarter, Iamgold achieved a net margin of 45.42% but fell short of revenue expectations, recording only $457.23 million.
• Iamgold's current stock rating is a "Moderate Buy" with an average price target of $8.53, as analysts remain optimistic about its performance despite recent trading down by 3.3%.

Iamgold (NYSE:IAG - Get Free Report) TSE: IMG is projected to release its Q2 2025 earnings data after the market closes on Thursday, August 7th. Analysts expect Iamgold to post earnings of $0.17 per share and revenue of $663.21 million for the quarter.

Iamgold (NYSE:IAG - Get Free Report) TSE: IMG last released its quarterly earnings results on Tuesday, May 6th. The mining company reported $0.10 EPS 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 firm had revenue of $457.23 million for the quarter, compared to analyst estimates of $578.70 million. On average, analysts expect Iamgold to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Iamgold Stock Up 4.9%

IAG stock traded up $0.33 during trading on Monday, reaching $7.19. 4,093,916 shares of the stock were exchanged, compared to its average volume of 14,183,687. The firm has a market cap of $4.14 billion, a P/E ratio of 5.10, a price-to-earnings-growth ratio of 0.21 and a beta of 1.08. Iamgold has a twelve month low of $3.44 and a twelve month high of $8.38. The firm's 50 day moving average is $7.20 and its 200 day moving average is $6.65. The company has a current ratio of 1.41, a quick ratio of 0.83 and a debt-to-equity ratio of 0.29.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. National Bankshares reaffirmed an "outperform" rating on shares of Iamgold in a report on Tuesday, June 24th. BMO Capital Markets began coverage on Iamgold in a research note on Wednesday, April 16th. They issued an "outperform" rating for the company. CIBC reiterated an "outperform" rating on shares of Iamgold in a report on Tuesday, July 15th. Scotiabank boosted their price target on Iamgold from $7.50 to $7.75 and gave the stock a "sector perform" rating in a research report on Monday, May 12th. Finally, Raymond James Financial raised Iamgold to a "hold" rating and set a $8.00 price target on the stock in a report on Monday, June 30th. Four equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $8.53.

Institutional Investors Weigh In On Iamgold

Large investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. increased its position in Iamgold by 6.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,420,263 shares of the mining company's stock valued at $15,127,000 after acquiring an additional 144,160 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Iamgold by 67.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,005,292 shares of the mining company's stock valued at $6,283,000 after buying an additional 404,645 shares in the last quarter. Finally, Royal Bank of Canada lifted its position in shares of Iamgold by 14.0% in the first quarter. Royal Bank of Canada now owns 691,322 shares of the mining company's stock worth $4,321,000 after purchasing an additional 84,939 shares in the last quarter. Institutional investors and hedge funds own 47.08% of the company's stock.

About Iamgold

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.