NYSE:IAG IAMGOLD (IAG) Stock Forecast, Price & News $2.31 -0.12 (-4.95%) (As of 09/21/2023 ET) Add Compare Share Share Today's Range$2.30▼$2.3650-Day Range$2.12▼$2.9452-Week Range$0.92▼$3.34Volume1.98 million shsAverage Volume4.19 million shsMarket Capitalization$1.11 billionP/E Ratio76.86Dividend YieldN/APrice Target$3.47 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media IAMGOLD MarketRank™ ForecastAnalyst RatingHold2.22 Rating ScoreUpside/Downside50.6% Upside$3.47 Price TargetShort InterestHealthy1.77% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.82Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth350.00%From $0.04 to $0.18 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.66 out of 5 starsBasic Materials Sector42nd out of 167 stocksGold & Silver Ores Industry4th out of 35 stocks 3.1 Analyst's Opinion Consensus RatingIAMGOLD has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 3 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.47, IAMGOLD has a forecasted upside of 50.6% from its current price of $2.31.Amount of Analyst CoverageIAMGOLD has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.77% of the float of IAMGOLD has been sold short.Short Interest Ratio / Days to CoverIAMGOLD has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in IAMGOLD has recently increased by 11.56%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldIAMGOLD does not currently pay a dividend.Dividend GrowthIAMGOLD does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IAG. Previous Next 3.2 News and Social Media Coverage News SentimentIAMGOLD has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 4 news articles for IAMGOLD this week, compared to 2 articles on an average week.Search InterestOnly 7 people have searched for IAG on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat Follows6 people have added IAMGOLD to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, IAMGOLD insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.17% of the stock of IAMGOLD is held by insiders.Percentage Held by Institutions49.40% of the stock of IAMGOLD is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for IAMGOLD are expected to grow by 350.00% in the coming year, from $0.04 to $0.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of IAMGOLD is 76.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.53.Price to Earnings Ratio vs. SectorThe P/E ratio of IAMGOLD is 76.86, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 96.32.Price to Earnings Growth RatioIAMGOLD has a PEG Ratio of 1.48. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioIAMGOLD has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About IAMGOLD (NYSE:IAG) StockIAMGOLD Corporation, through its subsidiaries, explores, develops, and operates gold mining properties in North America and West Africa. The company owns 100% interest in the Westwood mine, covers an area of 1,925 hectare and located in Quebec and the Côté gold project, which covers an area of 596 square kilometer located in Ontario, Canada; and 90% interests in the Essakane mine situated in Burkina Faso and Boto gold project located in Senegal, West Africa. Its exploration and development projects include the 100% owned Diakha-Siribaya project that covers an area of approximately 600 square kilometres situated in Mali; the Monster Lake projects located in Quebec, Canada; and the Karita project that covers an area of approximately 100 square kilometres located in Guinea, as well as Pitangui project in Brazil, and 75% owned the Nelligan located in Québec. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.Read More IAG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IAG Stock News HeadlinesSeptember 20, 2023 | americanbankingnews.comShort Interest in IAMGOLD Co. (NYSE:IAG) Expands By 11.6%September 17, 2023 | americanbankingnews.comIAMGOLD (NYSE:IAG) Shares Gap Up to $2.39September 21, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...September 15, 2023 | finance.yahoo.comUnveiling Iamgold (IAG)'s Value: Is It Really Priced Right? A Comprehensive GuideSeptember 15, 2023 | finance.yahoo.comUnraveling the Future of Iamgold Corp (IAG): A Deep Dive into Key MetricsSeptember 13, 2023 | benzinga.comJaguar Mining Completes Strategic Acquisition of the Brazilian Assets of IAMGOLDSeptember 13, 2023 | americanbankingnews.comIAMGOLD (NYSE:IAG) Upgraded at Royal Bank of CanadaSeptember 12, 2023 | msn.comIamgold upgraded at RBC with risks easing as Côté project moves to forefrontSeptember 21, 2023 | Behind the Markets (Ad)AI Creates New Cancer Drug - In Just 30 Days!On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...September 12, 2023 | markets.businessinsider.comIamgold's Côté Gold Project Anticipated To Boost Production Amid Rising Gold Price Predictions: AnalystAugust 29, 2023 | thestreet.comIAMGOLD (IAG) Stock Closed Down After Gold Prices Hit Five Year LowAugust 16, 2023 | markets.businessinsider.comRBC Capital Keeps Their Sell Rating on IAMGOLD (IAG)August 11, 2023 | markets.businessinsider.comBank of America Securities Keeps Their Buy Rating on IAMGOLD (IAG)August 11, 2023 | seekingalpha.comIAMGOLD Corporation 2023 Q2 - Results - Earnings Call PresentationAugust 11, 2023 | seekingalpha.comIamgold: Cote Gold Is 85.7% CompletedAugust 11, 2023 | finanznachrichten.deIAMGOLD Corporation: IAMGOLD Reports Second Quarter 2023 ResultsAugust 11, 2023 | finance.yahoo.comIAMGOLD Reports Second Quarter 2023 ResultsAugust 9, 2023 | markets.businessinsider.comHere's what Wall Street expects from Iamgold's earnings reportAugust 2, 2023 | finance.yahoo.comJaguar Mining Announces Agreement to Acquire the Pitangui Project and Remaining Interest in the Acurui Project From IAMGOLDAugust 1, 2023 | bbc.co.ukBritish Airways owner IAG sees record profits as air travel recoversJuly 25, 2023 | fool.com.auThe IAG share price just hit a 3-year high. Too late to buy?July 12, 2023 | fool.com.auWhat is Goldman Sachs saying about IAG shares?July 10, 2023 | finance.yahoo.comIAMGOLD Provides Notice of Second Quarter 2023 Results and Conference CallJuly 4, 2023 | finance.yahoo.comIamgold (IAG) Moves to Buy: Rationale Behind the UpgradeJune 30, 2023 | fool.com.auWhy did the IAG share price jump 10% in June?June 13, 2023 | fool.com.auIs the IAG share price heading higher in June?May 31, 2023 | seekingalpha.comIamgold At 90% Off Its PeakSee More Headlines Receive IAG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for IAMGOLD and its competitors with MarketBeat's FREE daily newsletter. Email Address IAG Company Calendar Last Earnings8/11/2023Today9/21/2023Next Earnings (Estimated)11/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Gold & silver ores Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:IAG CUSIPN/A CIK1203464 Webwww.iamgold.com Phone(416) 360-4710Fax416-360-4750Employees5,065Year FoundedN/APrice Target and Rating Average Stock Price Forecast$3.00 High Stock Price Forecast$5.50 Low Stock Price Forecast$1.65 Forecasted Upside/Downside+49.0%Consensus RatingHold Rating Score (0-4)2.22 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.03 Trailing P/E Ratio77.69 Forward P/E Ratio58.25 P/E Growth1.48Net Income$-70,100,000.00 Net Margins1.99% Pretax Margin11.78% Return on Equity-0.05% Return on Assets-0.03% Debt Debt-to-Equity Ratio0.36 Current Ratio2.38 Quick Ratio1.87 Sales & Book Value Annual Sales$958.80 million Price / Sales1.17 Cash Flow$0.41 per share Price / Cash Flow5.73 Book Value$4.61 per share Price / Book0.51Miscellaneous Outstanding Shares481,140,000Free Float480,319,000Market Cap$1.12 billion OptionableOptionable Beta1.47 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Marthinus Wilhelmus Theunissen (Age 43)Chief Financial Officer Comp: $553.71kMr. Bruno LemelinSr. VP of Operations & ProjectsMr. Craig Stephen MacDougall M.Sc. (Age 60)B.Sc. (Hons), P.Geo., Exec. VP of Growth Comp: $723.57kMr. Oumar ToguyeniSr. VP of International Affairs & SustainabilityMr. Renaud Adams P.Eng. (Age 53)CEO, Pres & Director Mr. Graeme Douglas Jennings C.F.A.VP of Investor Relations & Corp. CommunicationsMr. Timothy R. BradburnSr. VP, Gen. Counsel & Corp. Sec.Stephen EddyDirector of Corp. Devel.Ms. Dorena QuinnSr. VP of PeopleLuc-Bernard Denoncourt Ing.Project DirectorMore ExecutivesKey CompetitorsCenterra GoldNYSE:CGAUSeabridge GoldNYSE:SASandstorm GoldNYSE:SANDFortuna Silver MinesNYSE:FSMFirst Majestic SilverNYSE:AGView All CompetitorsInstitutional OwnershipGTS Securities LLCBought 84,417 shares on 8/16/2023Ownership: 0.018%CreativeOne Wealth LLCBought 16,431 shares on 8/16/2023Ownership: 0.003%Citadel Advisors LLCSold 22,200 shares on 8/15/2023Ownership: 0.000%Y Intercept Hong Kong LtdBought 37,262 shares on 8/15/2023Ownership: 0.008%State of Tennessee Treasury DepartmentBought 20,700 shares on 8/15/2023Ownership: 0.004%View All Institutional Transactions IAG Stock - Frequently Asked Questions Should I buy or sell IAMGOLD stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IAMGOLD in the last year. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" IAG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IAG, but not buy additional shares or sell existing shares. View IAG analyst ratings or view top-rated stocks. What is IAMGOLD's stock price forecast for 2023? 9 Wall Street analysts have issued twelve-month price targets for IAMGOLD's stock. Their IAG share price forecasts range from $1.65 to $5.50. On average, they expect the company's share price to reach $3.00 in the next twelve months. This suggests a possible upside of 28.8% from the stock's current price. View analysts price targets for IAG or view top-rated stocks among Wall Street analysts. How have IAG shares performed in 2023? IAMGOLD's stock was trading at $2.58 at the beginning of the year. Since then, IAG shares have decreased by 9.7% and is now trading at $2.33. View the best growth stocks for 2023 here. Are investors shorting IAMGOLD? IAMGOLD saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 8,490,000 shares, an increase of 11.6% from the August 15th total of 7,610,000 shares. Based on an average trading volume of 2,930,000 shares, the short-interest ratio is presently 2.9 days. Approximately 1.8% of the company's shares are sold short. View IAMGOLD's Short Interest. When is IAMGOLD's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023. View our IAG earnings forecast. How were IAMGOLD's earnings last quarter? IAMGOLD Co. (NYSE:IAG) issued its quarterly earnings data on Friday, August, 11th. The mining company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.01. The mining company earned $238.80 million during the quarter. IAMGOLD had a negative trailing twelve-month return on equity of 0.05% and a net margin of 1.99%. During the same quarter last year, the company posted ($0.01) earnings per share. What is Peter Harmer's approval rating as IAMGOLD's CEO? 87 employees have rated IAMGOLD Chief Executive Officer Peter Harmer on Glassdoor.com. Peter Harmer has an approval rating of 84% among the company's employees. What other stocks do shareholders of IAMGOLD own? Based on aggregate information from My MarketBeat watchlists, some companies that other IAMGOLD investors own include IAMGOLD (IMG), Mega Uranium (MGA), Kinross Gold (KGC), B2Gold (BTG), Barrick Gold (GOLD), Yamana Gold (AUY), General Motors (GM), Newmont (NEM), Eldorado Gold (EGO) and First Majestic Silver (AG). What is IAMGOLD's stock symbol? IAMGOLD trades on the New York Stock Exchange (NYSE) under the ticker symbol "IAG." Who are IAMGOLD's major shareholders? IAMGOLD's stock is owned by many different retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (9.35%), Donald Smith & CO. Inc. (6.52%), Kopernik Global Investors LLC (3.72%), Renaissance Technologies LLC (3.37%), Polunin Capital Partners Ltd (2.15%) and P Schoenfeld Asset Management LP (1.64%). View institutional ownership trends. How do I buy shares of IAMGOLD? Shares of IAG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is IAMGOLD's stock price today? One share of IAG stock can currently be purchased for approximately $2.33. How much money does IAMGOLD make? IAMGOLD (NYSE:IAG) has a market capitalization of $1.12 billion and generates $958.80 million in revenue each year. The mining company earns $-70,100,000.00 in net income (profit) each year or $0.03 on an earnings per share basis. How many employees does IAMGOLD have? The company employs 5,065 workers across the globe. How can I contact IAMGOLD? IAMGOLD's mailing address is 401 BAY STREET SUITE 3200, TORONTO A6, M5H 2Y4. The official website for the company is www.iamgold.com. The mining company can be reached via phone at (416) 360-4710, via email at nfo@iamgold.com, or via fax at 416-360-4750. This page (NYSE:IAG) was last updated on 9/21/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding IAMGOLD Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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