NYSE:IAG - Iamgold Stock Price, Forecast & News

Iamgold trades on the New York Stock Exchange (NYSE) under the ticker symbol "IAG."

Iamgold Corp (NYSE:IAG) announced its quarterly earnings data on Wednesday, February, 20th. The mining company reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.01) by $0.02. The mining company earned $274.30 million during the quarter, compared to analysts' expectations of $273.84 million. Iamgold had a negative net margin of 8.94% and a negative return on equity of 1.33%. The company's revenue for the quarter was down 5.8% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.03) EPS. View Iamgold's Earnings History.

Iamgold is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Iamgold.

8 equities research analysts have issued 1 year price targets for Iamgold's shares. Their forecasts range from $3.25 to $5.00. On average, they anticipate Iamgold's share price to reach $4.00 in the next twelve months. This suggests a possible upside of 28.2% from the stock's current price. View Analyst Price Targets for Iamgold.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Iamgold in the last year. There are currently 8 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Iamgold.

Media stories about IAG stock have been trending very negative recently, according to InfoTrie. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Iamgold earned a daily sentiment score of -3.1 on InfoTrie's scale. They also gave news headlines about the mining company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Iamgold.

Some companies that are related to Iamgold include Gold Fields (GFI), Pan American Silver (PAAS), Yamana Gold (AUY), Alamos Gold (AGI), First Majestic Silver (AG), Harmony Gold Mining (HMY), Osisko gold royalties (OR), Coeur Mining (CDE), Eldorado Gold (EGO), Seabridge Gold (SA), Fortuna Silver Mines (FSM), DRDGOLD (DRD), McEwen Mining (MUX), Endeavour Silver (EXK) and Corvus Gold (CORVF).

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), General Motors (GM), Yamana Gold (AUY), Alibaba Group (BABA), Newmont Goldcorp (NEM) and First Majestic Silver (AG).

Iamgold's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (11.79%), Donald Smith & CO. Inc. (10.65%), Renaissance Technologies LLC (4.90%), Ruffer LLP (4.63%), Tocqueville Asset Management L.P. (2.25%) and Franklin Resources Inc. (0.97%). View Institutional Ownership Trends for Iamgold.

IAG stock was sold by a variety of institutional investors in the last quarter, including Sun Valley Gold LLC, Franklin Resources Inc., Goldman Sachs Group Inc., Tocqueville Asset Management L.P., Bank of New York Mellon Corp, Contrarius Investment Management Ltd, CIBC World Markets Inc. and Loews Corp. View Insider Buying and Selling for Iamgold.

IAG stock was bought by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., Schroder Investment Management Group, Van ECK Associates Corp, Ruffer LLP, Jane Street Group LLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Connor Clark & Lunn Investment Management Ltd. and Credit Suisse AG. View Insider Buying and Selling for Iamgold.

Shares of IAG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of IAG stock can currently be purchased for approximately $3.12.

Iamgold has a market capitalization of $1.46 billion and generates $1.11 billion in revenue each year. The mining company earns $-28,200,000.00 in net income (profit) each year or $0.06 on an earnings per share basis. Iamgold employs 4,948 workers across the globe.View Additional Information About Iamgold.

The official website for Iamgold is http://www.iamgold.com/.

Iamgold's mailing address is 401 BAY STREET SUITE 3200, TORONTO A6, M5H 2Y4. The mining company can be reached via phone at 416-360-4710 or via email at [email protected]