Iamgold Corporation Company Profile (NYSE:IAG)

About Iamgold Corporation (NYSE:IAG)

Iamgold Corporation logoIAMGOLD Corporation (IAMGOLD) is engaged primarily in the exploration for, and the development and production of, mineral resource properties throughout the world. Through its holdings, IAMGOLD has interests in various operations, exploration and development properties. IAMGOLD is a mid-tier mining company with approximately four operating gold mines on over three continents. The Company's gold mine segment is divided into geographic segments, such as Burkina Faso - Essakane mine; Suriname-Rosebel mine; Canada-Doyon division, which includes the Westwood mine and the Doyon mine, and Joint ventures (Mali)-Sadiola mine (41%) and Yatela mine (40%). The Company's non-gold segments are divided into Exploration and evaluation, and Corporate, which includes royalty interests located in Canada and investments in associates and joint ventures. In Canada, the Company owns the Westwood mine in Quebec and the Cote Gold project, a development project located in Ontario.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Gold Mining
  • Sub-Industry: N/A
  • Symbol: NYSE:IAG
  • CUSIP: N/A
  • Web: www.iamgold.com
Capitalization:
  • Market Cap: $2.63542 billion
  • Outstanding Shares: 464,800,000
Average Prices:
  • 50 Day Moving Avg: $5.25
  • 200 Day Moving Avg: $4.58
  • 52 Week Range: $3.14 - $5.93
P/E:
  • Trailing P/E Ratio: 5.20
  • Foreward P/E Ratio: 51.82
  • P/E Growth: 63.00
Sales & Book Value:
  • Annual Revenue: $1.07 billion
  • Price / Sales: 2.48
  • Book Value: $5.94 per share
  • Price / Book: 0.96
Profitability:
  • EBIDTA: $857.4 million
  • Net Margins: 46.75%
  • Return on Equity: 1.43%
  • Return on Assets: 0.95%
Debt:
  • Debt-to-Equity Ratio: 0.14%
  • Current Ratio: 5.17%
  • Quick Ratio: 4.19%
Misc:
  • Average Volume: 5.97 million shs.
  • Beta: -0.31
  • Short Ratio: 0.75
 

Frequently Asked Questions for Iamgold Corporation (NYSE:IAG)

What is Iamgold Corporation's stock symbol?

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

How were Iamgold Corporation's earnings last quarter?

Iamgold Corporation (NYSE:IAG) released its quarterly earnings data on Wednesday, August, 9th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.01. The business had revenue of $274.50 million for the quarter, compared to the consensus estimate of $267.07 million. Iamgold Corporation had a return on equity of 1.43% and a net margin of 46.75%. The company's revenue was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.01 EPS. View Iamgold Corporation's Earnings History.

When will Iamgold Corporation make its next earnings announcement?

Iamgold Corporation is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Iamgold Corporation.

Where is Iamgold Corporation's stock going? Where will Iamgold Corporation's stock price be in 2017?

8 brokerages have issued 1-year price objectives for Iamgold Corporation's shares. Their forecasts range from $5.00 to $6.25. On average, they anticipate Iamgold Corporation's stock price to reach $5.85 in the next twelve months. View Analyst Ratings for Iamgold Corporation.

What are analysts saying about Iamgold Corporation stock?

Here are some recent quotes from research analysts about Iamgold Corporation stock:

  • 1. According to Zacks Investment Research, "IAMGOLD Corp is an international gold exploration and mining company based in Canada. It holds a 38% stake in the Sadiola Gold Mine and a 40% stake in the Yatela Gold Mine. Both are located in Mali, West Africa. Measured and indicated resources at Sadiola and Yatela are 5.5 million ounces of gold (including reserves of 5.2 million ounces). Inferred resources are 5.9 million ounces. IAMGOLD is actively exploring highly prospective ground in Africa and South America. " (8/8/2017)
  • 2. BMO Capital Markets analysts commented, "We are initiating coverage of IAMGOLD (IAG-NYSE) with a Market Perform rating and $4.75 target price. Despite a stable production profile, optionality to growth, relative balance sheet strength and improving track record, IAG appears fully valued relative to peers at current gold prices. A short reserve life and high costs relative to peers influence our view. For those investors with a positive outlook on gold, IAG provides above-average liquidity and leverage relative to peers." (2/6/2017)

Who are some of Iamgold Corporation's key competitors?

Who are Iamgold Corporation's key executives?

Iamgold Corporation's management team includes the folowing people:

  • Donald K. Charter, Independent Chairman of the Board
  • Stephen Joseph James Letwin, President, Chief Executive Officer, Executive Director
  • Carol T. Banducci, Chief Financial Officer, Executive Vice President
  • P. Gordon Stothart, Chief Operating Officer, Executive Vice President
  • Jeffery A. Snow, Senior Vice President - Business Development, General Counsel
  • Benjamin R. Little, Senior Vice President - Corporate Affairs, HSS & People
  • Craig S. MacDougall, Senior Vice President - Exploration
  • Sybil Elsa Veenman, Director
  • John Edward Caldwell, Independent Director
  • Richard James Hall, Independent Director

Who owns Iamgold Corporation stock?

Iamgold Corporation's stock is owned by many different of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (12.02%), Donald Smith & CO. Inc. (9.61%), Renaissance Technologies LLC (4.06%), Vanguard Group Inc. (2.04%), Bank of New York Mellon Corp (1.52%) and Tocqueville Asset Management L.P. (1.47%). View Institutional Ownership Trends for Iamgold Corporation.

Who sold Iamgold Corporation stock? Who is selling Iamgold Corporation stock?

Iamgold Corporation's stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Contrarius Investment Management Ltd, Heartland Advisors Inc., Schroder Investment Management Group, Bank of New York Mellon Corp, TD Asset Management Inc., Russell Investments Group Ltd. and Donald Smith & CO. Inc.. View Insider Buying and Selling for Iamgold Corporation.

Who bought Iamgold Corporation stock? Who is buying Iamgold Corporation stock?

Iamgold Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Tocqueville Asset Management L.P., Royal Bank of Canada, JPMorgan Chase & Co., Alps Advisors Inc., Fiera Capital Corp, Hillsdale Investment Management Inc., Renaissance Technologies LLC and Vanguard Group Inc.. View Insider Buying and Selling for Iamgold Corporation.

How do I buy Iamgold Corporation stock?

Shares of Iamgold Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Iamgold Corporation's stock price today?

One share of Iamgold Corporation stock can currently be purchased for approximately $5.70.


MarketBeat Community Rating for Iamgold Corporation (NYSE IAG)
Community Ranking:  1.4 out of 5 ()
Outperform Votes:  167 (Vote Outperform)
Underperform Votes:  425 (Vote Underperform)
Total Votes:  592
MarketBeat's community ratings are surveys of what our community members think about Iamgold Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Iamgold Corporation (NYSE:IAG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $5.85 (2.63% upside)

Analysts' Ratings History for Iamgold Corporation (NYSE:IAG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/1/2017ScotiabankBoost Price TargetSector Perform$5.75 -> $6.25HighView Rating Details
7/28/2017Royal Bank Of CanadaLower Price TargetSector Perform$6.50 -> $6.00LowView Rating Details
7/18/2017Credit Suisse GroupSet Price TargetHold$6.00LowView Rating Details
6/15/2017Raymond James Financial, Inc.Reiterated RatingMarket Perform$6.00LowView Rating Details
6/6/2017BMO Capital MarketsSet Price TargetHold$5.00LowView Rating Details
5/23/2017Bank of America CorporationUpgradeUnderperform -> NeutralHighView Rating Details
5/14/2017National Bank FinancialReiterated RatingOutperform Market WeightHighView Rating Details
11/8/2016TD SecuritiesUpgradeHold -> BuyN/AView Rating Details
10/19/2016Canaccord GenuityUpgradeHold -> BuyN/AView Rating Details
7/18/2016Paradigm CapitalUpgradeHold -> BuyN/AView Rating Details
6/27/2016CIBCUpgradeSector Underperform -> Sector PerformN/AView Rating Details
5/18/2016Howard WeilDowngradeSector Perform -> UnderperformN/AView Rating Details
5/5/2016MacquarieUpgradeUnderperform -> NeutralN/AView Rating Details
2/19/2016MackieDowngradeHold -> Sell$2.00 -> $2.50N/AView Rating Details
2/12/2016Goldman Sachs Group, Inc. (The)UpgradeSell -> NeutralN/AView Rating Details
1/14/2016Barclays PLCLower Price Target$2.00 -> $1.50N/AView Rating Details
11/25/2015Morgan StanleyInitiated CoverageUnderweight$1.35N/AView Rating Details
11/24/2015HSBC Holdings plcUpgradeReduce -> HoldN/AView Rating Details
(Data available from 8/19/2015 forward)

Earnings

Earnings History for Iamgold Corporation (NYSE:IAG)
Earnings by Quarter for Iamgold Corporation (NYSE:IAG)
Earnings History by Quarter for Iamgold Corporation (NYSE IAG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017        
8/9/20176/30/2017$0.01$0.01$267.07 million$274.50 millionViewListenView Earnings Details
5/9/20173/31/2017($0.01)$0.01$264.54 million$260.50 millionViewListenView Earnings Details
2/22/2017Q416$0.01$0.01$248.31 million$252.50 millionViewN/AView Earnings Details
11/7/2016Q316$0.02$0.05$258.10 million$282.40 millionViewListenView Earnings Details
8/3/2016Q216($0.02)$0.01$245.68 million$232.50 millionViewN/AView Earnings Details
5/3/2016Q116($0.06)($0.02)$224.24 million$219.70 millionViewN/AView Earnings Details
2/17/2016Q415($0.11)($0.16)$218.58 million$238.20 millionViewListenView Earnings Details
11/3/2015Q315($0.09)($0.12)$215.30 million$207.60 millionViewN/AView Earnings Details
8/5/2015Q215($0.06)($0.08)$237.63 million$226.50 millionViewN/AView Earnings Details
5/5/2015Q115($0.05)($0.07)$246.90 million$244.70 millionViewN/AView Earnings Details
2/18/2015Q414$0.01$0.03$316.50 million$272.50 millionViewN/AView Earnings Details
8/13/2014Q214$0.02$0.02$274.57 million$288.60 millionViewN/AView Earnings Details
5/6/2014Q114$0.02$0.03$278.78 million$279.30 millionViewN/AView Earnings Details
2/19/2014Q413$0.04$0.05$277.00 million$247.20 millionViewN/AView Earnings Details
11/5/2013Q313$0.07$0.07$346.24 million$293.50 millionViewN/AView Earnings Details
8/12/2013Q2 2013$0.09$0.08$323.62 million$301.10 millionViewN/AView Earnings Details
5/7/2013Q1 2013$0.14$0.15$381.28 million$305.30 millionViewN/AView Earnings Details
2/20/2013$0.25$0.24$458.30 million$468.40 millionViewN/AView Earnings Details
11/13/2012Q312$0.25$0.16$427.95 million$386.80 millionViewN/AView Earnings Details
2/23/2012$0.34$0.29ViewN/AView Earnings Details
11/8/2011$0.32$0.30ViewN/AView Earnings Details
5/12/2011$0.31$0.36ViewN/AView Earnings Details
2/24/2011$0.29$0.39ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Iamgold Corporation (NYSE:IAG)
2017 EPS Consensus Estimate: ($0.07)
2018 EPS Consensus Estimate: $0.08
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20172($0.03)($0.02)($0.03)
Q3 20172($0.02)($0.02)($0.02)
Q4 20172($0.02)($0.02)($0.02)
Q1 20181$0.02$0.02$0.02
Q2 20181$0.02$0.02$0.02
Q3 20181$0.02$0.02$0.02
Q4 20181$0.02$0.02$0.02
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Iamgold Corporation (NYSE:IAG)
Most Recent Dividend:7/12/2013
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Iamgold Corporation (NYSE:IAG)

Dividend History by Quarter for Iamgold Corporation (NYSE IAG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/5/2013semiannual$0.134.55%7/1/20137/3/20137/12/2013
12/11/2012semiannual$0.132.23%12/19/201212/21/20121/7/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Iamgold Corporation (NYSE:IAG)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Iamgold Corporation (NYSE:IAG)
Latest Headlines for Iamgold Corporation (NYSE:IAG)
Source:
DateHeadline
americanbankingnews.com logoIamgold Corporation (IAG) Upgraded at BidaskClub
www.americanbankingnews.com - August 19 at 6:28 PM
americanbankingnews.com logoIamgold Corporation (IAG) Lifted to B at TheStreet
www.americanbankingnews.com - August 19 at 7:08 AM
nasdaq.com logoSurging Earnings Estimates Signal Good News for IAMGOLD (IAG) - Nasdaq
www.nasdaq.com - August 19 at 12:30 AM
nasdaq.com logoIamgold (IAG) Scales New 52-Week High on Bright Prospects ... - Nasdaq
www.nasdaq.com - August 19 at 12:30 AM
finance.yahoo.com logoSurging Earnings Estimates Signal Good News for IAMGOLD (IAG)
finance.yahoo.com - August 18 at 7:29 PM
americanbankingnews.com logoIamgold Corporation (IAG) versus Agnico Eagle Mines Limited (AEM) Critical Contrast
www.americanbankingnews.com - August 17 at 8:26 PM
nasdaq.com logoIamgold (IAG) Acquires Common Shares of TomaGold for $2.5M - Nasdaq
www.nasdaq.com - August 17 at 5:47 AM
finance.yahoo.com logoIamgold (IAG) Acquires Common Shares of TomaGold for $2.5M
finance.yahoo.com - August 16 at 7:42 PM
finance.yahoo.com logoIamgold Acquires a 19.98% Stake in TomaGold
finance.yahoo.com - August 16 at 7:42 PM
seekingalpha.com logoIAMGOLD: What To Do Now - Seeking Alpha
seekingalpha.com - August 15 at 3:01 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about IAMGOLD Corp.
finance.yahoo.com - August 14 at 10:00 PM
finance.yahoo.com logoIAMGOLD Corporation Announces Acquisition of Common Shares of TomaGold Corporation
finance.yahoo.com - August 14 at 10:00 PM
americanbankingnews.com logoBrokers Issue Forecasts for Iamgold Corporation's FY2017 Earnings (NYSE:IAG)
www.americanbankingnews.com - August 14 at 5:32 AM
americanbankingnews.com logoFY2017 Earnings Forecast for Iamgold Corporation Issued By National Bank Financial (NYSE:IAG)
www.americanbankingnews.com - August 14 at 5:32 AM
seekingalpha.com logoIAMGOLD (IAG) CEO Steve Letwin on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 12 at 11:49 PM
americanbankingnews.com logoIamgold Corporation (NYSE:IAG) and Pershing Gold Corporation (PGLC) Critical Review
www.americanbankingnews.com - August 12 at 12:12 PM
americanbankingnews.com logoIamgold Corporation (NYSE:IAG) Expected to Earn FY2018 Earnings of $0.07 Per Share
www.americanbankingnews.com - August 11 at 3:40 PM
nasdaq.com logoIamgold (IAG) Posts in-Line Earnings in Q2, Sales Rise Y/Y - Nasdaq
www.nasdaq.com - August 11 at 3:15 AM
finance.yahoo.com logoInvestor Network: IAMGOLD Corporation to Host Earnings Call
finance.yahoo.com - August 11 at 3:15 AM
finance.yahoo.com logoIamgold (IAG) Posts in-Line Earnings in Q2, Sales Rise Y/Y
finance.yahoo.com - August 11 at 3:15 AM
finance.yahoo.com logoIamgold Beats Expectations on 2nd-Quarter Revenue
finance.yahoo.com - August 11 at 3:15 AM
streetinsider.com logoIAMGOLD Corp. (IAG) Reports In-Line Q2 EPS - StreetInsider.com
www.streetinsider.com - August 10 at 1:19 AM
americanbankingnews.com logoIamgold Corporation (IAG) Issues Earnings Results
www.americanbankingnews.com - August 9 at 10:28 PM
finance.yahoo.com logoMining Stocks Q2 Earnings Roster for Aug 9: PAAS, IAG & SSRM
finance.yahoo.com - August 8 at 7:22 PM
americanbankingnews.com logoIamgold Corporation (NYSE:IAG) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 5 at 5:02 PM
americanbankingnews.com logoIamgold Corporation (IAG) vs. DRDGOLD Limited (DRD) Head to Head Review
www.americanbankingnews.com - August 4 at 2:23 PM
americanbankingnews.com logo$0.01 EPS Expected for Iamgold Corporation (IAG) This Quarter
www.americanbankingnews.com - August 3 at 8:28 PM
americanbankingnews.com logoAlio Gold (ALO) versus Iamgold Corporation (NYSE:IAG) Head to Head Analysis
www.americanbankingnews.com - August 2 at 8:22 PM
americanbankingnews.com logoIamgold Corporation (IAG) to Release Earnings on Wednesday
www.americanbankingnews.com - August 2 at 7:26 AM
americanbankingnews.com logoFinancial Review: Royal Gold (RGLD) and Iamgold Corporation (NYSE:IAG)
www.americanbankingnews.com - August 2 at 7:18 AM
americanbankingnews.com logoContrasting Iamgold Corporation (IAG) & Newmont Mining Corporation (NEM)
www.americanbankingnews.com - August 2 at 12:16 AM
americanbankingnews.com logoIamgold Corporation (IAG) Upgraded to "Buy" by Zacks Investment Research
www.americanbankingnews.com - August 1 at 11:04 PM
americanbankingnews.com logoIamgold Corporation (NYSE:IAG) Given New $6.25 Price Target at Scotiabank
www.americanbankingnews.com - August 1 at 2:40 PM
americanbankingnews.com logoRoyal Bank Of Canada Cuts Iamgold Corporation (NYSE:IAG) Price Target to $6.00
www.americanbankingnews.com - July 28 at 4:09 PM
finance.yahoo.com logoIs This The Next Gold Major?
finance.yahoo.com - July 24 at 11:19 PM
finance.yahoo.com logoWhat's in Store for Freeport (FCX) this Earnings Season?
finance.yahoo.com - July 21 at 4:12 PM
americanbankingnews.com logoIamgold Corporation (NYSE:IAG) PT Set at $6.00 by Credit Suisse Group
www.americanbankingnews.com - July 20 at 12:58 AM
finance.yahoo.com logoThe Latest Upgrades and Downgrades for Intermediate Miners
finance.yahoo.com - July 19 at 8:16 PM
americanbankingnews.com logoIamgold Corporation (NYSE:IAG) Sees Significant Drop in Short Interest
www.americanbankingnews.com - July 19 at 8:51 AM
americanbankingnews.com logoReviewing Newmont Mining Corporation (NEM) & Iamgold Corporation (NYSE:IAG)
www.americanbankingnews.com - July 18 at 1:17 PM
americanbankingnews.com logoReviewing Iamgold Corporation (NYSE:IAG) & Pershing Gold Corporation (PGLC)
www.americanbankingnews.com - July 18 at 1:16 PM
americanbankingnews.com logoIamgold Corporation (IAG) Upgraded to Buy by Zacks Investment Research
www.americanbankingnews.com - July 18 at 12:56 AM
seekingalpha.com logoIAMGOLD Makes A Major Discovery - Seeking Alpha
seekingalpha.com - July 14 at 3:10 AM
finance.yahoo.com logoIAMGOLD Announces Dates For Its Second Quarter 2017 Results
finance.yahoo.com - July 13 at 2:58 AM
americanbankingnews.com logo Analysts Anticipate Iamgold Corporation (NYSE:IAG) Will Announce Earnings of -$0.02 Per Share
www.americanbankingnews.com - July 12 at 2:30 PM
americanbankingnews.com logoIamgold Corporation (NYSE:IAG) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 11 at 5:36 PM
prnewswire.com logoTechnical Research on Gold Equities -- Kinross Gold, Gold Fields, Goldcorp, and IAMGOLD
www.prnewswire.com - July 7 at 6:20 AM
finance.yahoo.com logoIAMGOLD Reports Further High Grade Results from the Monster Lake Project, Quebec
finance.yahoo.com - July 7 at 6:20 AM
americanbankingnews.com logoReviewing Kinross Gold Corporation (KGC) & Iamgold Corporation (IAG)
www.americanbankingnews.com - July 6 at 10:08 AM
americanbankingnews.com logoIamgold Corporation (NYSE:IAG) Downgraded by Zacks Investment Research
www.americanbankingnews.com - July 1 at 12:14 AM

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Iamgold Corporation (IAG) Chart for Saturday, August, 19, 2017

This page was last updated on 8/19/2017 by MarketBeat.com Staff