Research Analysts Issue Forecasts for Iamgold Q2 Earnings

Iamgold Corporation (NYSE:IAG - Free Report) TSE: IMG - Investment analysts at National Bank Financial issued their Q2 2025 earnings per share (EPS) estimates for shares of Iamgold in a research note issued to investors on Tuesday, July 15th. National Bank Financial analyst M. Sidibe expects that the mining company will post earnings per share of $0.15 for the quarter. The consensus estimate for Iamgold's current full-year earnings is $0.67 per share.

Several other research analysts have also commented on the stock. National Bankshares reissued an "outperform" rating on shares of Iamgold in a research note on Tuesday, June 24th. BMO Capital Markets assumed 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 research note on Tuesday, July 15th. Raymond James Financial upgraded Iamgold to a "hold" rating and set a $8.00 price objective for the company in a research note on Monday, June 30th. Finally, Scotiabank boosted their price objective 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 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 company. According to data from MarketBeat, Iamgold presently has a consensus rating of "Moderate Buy" and an average price target of $8.53.

Iamgold Stock Down 1.6%

Shares of NYSE IAG traded down $0.11 during midday trading on Thursday, hitting $6.91. The company's stock had a trading volume of 7,925,306 shares, compared to its average volume of 11,601,714. The business's fifty day simple moving average is $7.08 and its two-hundred day simple moving average is $6.53. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.41 and a quick ratio of 0.83. Iamgold has a 1 year low of $3.44 and a 1 year high of $8.38. The firm has a market capitalization of $3.97 billion, a price-to-earnings ratio of 4.90, a price-to-earnings-growth ratio of 0.33 and a beta of 1.15.

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

Institutional Investors Weigh In On Iamgold

Several large investors have recently modified their holdings of IAG. Donald Smith & CO. Inc. raised its position in Iamgold by 0.7% in the fourth quarter. Donald Smith & CO. Inc. now owns 31,233,874 shares of the mining company's stock worth $161,167,000 after acquiring an additional 216,751 shares in the last quarter. RCF Management L.L.C. acquired a new stake in Iamgold in the fourth quarter valued at $128,174,000. Vanguard Group Inc. grew its holdings in Iamgold by 1.7% in the first quarter. Vanguard Group Inc. now owns 21,594,479 shares of the mining company's stock valued at $134,764,000 after purchasing an additional 361,608 shares during the last quarter. American Century Companies Inc. grew its holdings in Iamgold by 19.0% in the first quarter. American Century Companies Inc. now owns 12,092,101 shares of the mining company's stock valued at $75,489,000 after purchasing an additional 1,929,787 shares during the last quarter. Finally, Millennium Management LLC boosted its stake in shares of Iamgold by 88.4% during 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 last quarter. Hedge funds and other institutional investors 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.