Research Analysts Set Expectations for Iamgold Q3 Earnings

Key Points

• Stifel Canada forecasts Iamgold will earn $0.22 per share in Q3 2025, maintaining a "Strong-Buy" rating on the stock, while the current full-year earnings estimate is $0.67 per share.
• Iamgold reported Q2 2023 earnings of $0.13 per share, missing estimates, and revenue of $587.21 million, significantly below expectations of $663.21 million.
• Multiple research firms, including Royal Bank of Canada and CIBC, have raised their price targets for Iamgold, indicating a consensus average target price of $13.44 and a prevailing "Buy" rating.

Iamgold Corporation (NYSE:IAG - Free Report) TSE: IMG - Equities researchers at Stifel Canada issued their Q3 2025 EPS estimates for Iamgold in a research note issued on Monday, October 20th. Stifel Canada analyst I. Rico anticipates that the mining company will earn $0.22 per share for the quarter. Stifel Canada currently has a "Strong-Buy" rating on the stock. The consensus estimate for Iamgold's current full-year earnings is $0.67 per share. Stifel Canada also issued estimates for Iamgold's FY2025 earnings at $0.84 EPS.

Iamgold (NYSE:IAG - Get Free Report) TSE: IMG last posted its quarterly earnings data on Thursday, August 7th. The mining company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by ($0.01). The company had revenue of $587.21 million for the quarter, compared to analysts' expectations of $663.21 million. Iamgold had a return on equity of 8.54% and a net margin of 40.61%.

A number of other research firms have also commented on IAG. Weiss Ratings reiterated a "buy (b)" rating on shares of Iamgold in a report on Wednesday, October 8th. National Bankshares reiterated an "outperform" rating on shares of Iamgold in a research note on Tuesday, June 24th. Raymond James Financial increased their price objective on shares of Iamgold from $9.00 to $13.00 and gave the company a "market perform" rating in a research report on Friday, October 10th. Royal Bank Of Canada raised shares of Iamgold from a "sector perform" rating to an "outperform" rating and raised their price target for the company from $9.00 to $14.00 in a report on Wednesday, September 10th. Finally, CIBC increased their price objective on shares of Iamgold from $10.40 to $19.00 and gave the stock an "outperformer" rating in a research note on Friday, October 10th. Three research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $13.44.

Iamgold Trading Down 11.0%

Shares of Iamgold stock opened at $12.17 on Wednesday. The firm has a market cap of $7.00 billion, a PE ratio of 8.75, a PEG ratio of 0.49 and a beta of 1.24. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.47 and a quick ratio of 0.76. Iamgold has a 1 year low of $4.89 and a 1 year high of $14.67. The company has a 50 day simple moving average of $11.08 and a two-hundred day simple moving average of $8.48.

Institutional Investors Weigh In On Iamgold

Institutional investors and hedge funds have recently modified their holdings of the stock. Parallel Advisors LLC raised its position in shares of Iamgold by 272.9% during the second quarter. Parallel Advisors LLC now owns 3,584 shares of the mining company's stock valued at $26,000 after buying an additional 2,623 shares during the last quarter. Banque Transatlantique SA bought a new stake in shares of Iamgold during the second quarter valued at approximately $26,000. Summit Securities Group LLC bought a new stake in shares of Iamgold during the first quarter valued at approximately $35,000. Tableaux LLC bought a new stake in shares of Iamgold during the second quarter valued at approximately $61,000. Finally, Avantax Advisory Services Inc. bought a new stake in shares of Iamgold during the first quarter valued at approximately $86,000. 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.

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