Stifel Canada Predicts IAMGOLD's FY2025 Earnings (TSE:IMG)

Key Points

• Stifel Canada has lowered its FY2025 earnings per share (EPS) estimate for IAMGOLD to $0.84, down from $1.04, while maintaining a "Strong-Buy" rating on the stock.
• National Bankshares recently raised its price target for IAMGOLD from C$21.00 to C$23.00, highlighting a generally positive outlook across several analysts.
• The current consensus rating for IAMGOLD is "Buy" with an average target price of C$21.20, despite the stock experiencing a 1.4% drop recently.

IAMGOLD Co. (TSE:IMG - Free Report) NYSE: IAG - Stock analysts at Stifel Canada decreased their FY2025 EPS estimates for shares of IAMGOLD in a report released on Monday, October 20th. Stifel Canada analyst I. Rico now anticipates that the mining company will earn $0.84 per share for the year, down from their prior forecast of $1.04. Stifel Canada has a "Strong-Buy" rating on the stock. The consensus estimate for IAMGOLD's current full-year earnings is $1.11 per share. Stifel Canada also issued estimates for IAMGOLD's FY2026 earnings at $1.63 EPS and FY2027 earnings at $1.34 EPS.

A number of other analysts have also recently weighed in on the stock. National Bankshares increased their price target on shares of IAMGOLD from C$21.00 to C$23.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 15th. Royal Bank Of Canada upgraded shares of IAMGOLD from a "hold" rating to a "moderate buy" rating in a research report on Wednesday, September 10th. Stifel Nicolaus upgraded shares of IAMGOLD from a "hold" rating to a "buy" rating and upped their price objective for the stock from C$11.00 to C$28.00 in a research report on Monday. Bank of America upped their price objective on shares of IAMGOLD from C$13.00 to C$15.50 in a research report on Friday, August 29th. Finally, Raymond James Financial upgraded shares of IAMGOLD to a "hold" rating in a research report on Monday, June 30th. Four research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of C$21.20.

IAMGOLD Stock Down 1.4%

Shares of TSE:IMG opened at C$16.84 on Thursday. The stock has a market cap of C$9.68 billion, a P/E ratio of 11.78, a P/E/G ratio of -0.28 and a beta of 1.30. The firm has a fifty day moving average price of C$15.48 and a 200 day moving average price of C$11.76. The company has a debt-to-equity ratio of 28.93, a current ratio of 0.89 and a quick ratio of 1.19. IAMGOLD has a 1-year low of C$6.87 and a 1-year high of C$20.63.

IAMGOLD Company Profile

Iamgold Corp is a mid-tier gold mining company operating in three regions globally North America, South America and West Africa. Within these regions, the company is developing potential mining districts that encompass operating mines and construction, development and exploration projects. The company's operating mines include Essakane in Burkina Faso, Rosebel in Suriname and Westwood in Canada.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.