Raymond James Financial Forecasts Iamgold Q2 Earnings

Iamgold Corporation (NYSE:IAG - Free Report) TSE: IMG - Investment analysts at Raymond James Financial issued their Q2 2025 earnings per share estimates for Iamgold in a research report issued on Monday, June 30th. Raymond James Financial analyst J. Elliott expects that the mining company will post earnings of $0.24 per share for the quarter. Raymond James Financial has a "Hold" rating and a $8.00 price objective 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 $0.28 EPS, Q4 2025 earnings at $0.30 EPS and FY2025 earnings at $0.98 EPS.

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

IAG has been the subject of a number of other research reports. BMO Capital Markets initiated coverage on shares of Iamgold in a report on Wednesday, April 16th. They issued an "outperform" rating for the company. National Bank Financial raised Iamgold to a "strong-buy" rating in a research note on Friday, March 21st. Scotiabank lifted their price target on shares of Iamgold from $7.50 to $7.75 and gave the company a "sector perform" rating in a research note on Monday, May 12th. National Bankshares reiterated an "outperform" rating on shares of Iamgold in a report on Tuesday, June 24th. Finally, CIBC lifted their price target on Iamgold from $8.40 to $9.20 and gave the company an "outperformer" rating in a research note on Thursday, May 8th. Four 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 company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $8.29.

Iamgold Price Performance

Shares of IAG traded up $0.16 during trading hours on Wednesday, reaching $7.44. The stock had a trading volume of 19,762,287 shares, compared to its average volume of 11,493,481. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.83 and a current ratio of 1.41. Iamgold has a 12 month low of $3.44 and a 12 month high of $8.38. The stock has a market capitalization of $4.28 billion, a PE ratio of 5.28, a PEG ratio of 0.40 and a beta of 1.15. The company's 50-day moving average is $7.05 and its two-hundred day moving average is $6.36.

Hedge Funds Weigh In On Iamgold

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IAG. Franklin Resources Inc. increased 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 purchasing an additional 1,836 shares during the period. Hsbc Holdings PLC raised its position in Iamgold by 17.8% during the first quarter. Hsbc Holdings PLC now owns 19,973 shares of the mining company's stock valued at $125,000 after purchasing an additional 3,020 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Iamgold by 12.7% in the 4th quarter. Bank of New York Mellon Corp now owns 35,046 shares of the mining company's stock worth $181,000 after buying an additional 3,961 shares during the last quarter. Northwest & Ethical Investments L.P. lifted its holdings in shares of Iamgold by 4.6% in the 4th quarter. Northwest & Ethical Investments L.P. now owns 91,623 shares of the mining company's stock worth $473,000 after acquiring an additional 4,013 shares during the last quarter. Finally, Freedom Investment Management Inc. boosted its stake in shares of Iamgold by 4.2% in the 4th quarter. Freedom Investment Management Inc. now owns 108,747 shares of the mining company's stock valued at $561,000 after purchasing an additional 4,399 shares in the last quarter. 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.