Research Analysts Set Expectations for IAMGOLD Q1 Earnings

IAMGOLD Co. (NYSE:IAG) (TSE:IMG) – Stock analysts at National Bank Financial issued their Q1 2025 earnings per share estimates for shares of IAMGOLD in a research report issued to clients and investors on Tuesday, April 22nd. National Bank Financial analyst M. Sidibe forecasts that the mining company will post earnings of $0.11 per share for the quarter. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for IAMGOLD’s current full-year earnings is $0.67 per share. National Bank Financial also issued estimates for IAMGOLD’s FY2025 earnings at $0.88 EPS and FY2026 earnings at $1.23 EPS.

IAMGOLD (NYSE:IAG) (TSE:IMG) last announced its earnings results on Thursday, February 20th. The mining company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.05). The firm had revenue of $469.90 million during the quarter, compared to analyst estimates of $498.68 million. IAMGOLD had a return on equity of 10.64% and a net margin of 50.19%.

Several other equities research analysts have also recently weighed in on the stock. Scotiabank raised their price objective on shares of IAMGOLD from $6.75 to $7.50 and gave the company a “sector perform” rating in a research report on Monday, April 14th. CIBC reaffirmed an “outperform” rating on shares of IAMGOLD in a report on Thursday, March 20th. BMO Capital Markets began coverage on shares of IAMGOLD in a research report on Wednesday, April 16th. They set an “outperform” rating on the stock. StockNews.com downgraded shares of IAMGOLD from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th. Finally, Raymond James restated a “market perform” rating and set a $8.00 price objective on shares of IAMGOLD in a report on Friday, April 4th. Four analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $7.57.

IAMGOLD Trading Down 5.4 %

Shares of NYSE:IAG opened at $7.23 on Thursday. The firm has a fifty day moving average price of $6.25 and a 200 day moving average price of $5.79. IAMGOLD has a 1 year low of $3.44 and a 1 year high of $8.38. The stock has a market capitalization of $4.16 billion, a PE ratio of 4.99 and a beta of 1.52. The company has a current ratio of 0.89, a quick ratio of 0.61 and a debt-to-equity ratio of 0.24.

Institutional Trading of IAMGOLD

Several hedge funds have recently modified their holdings of IAG. Allspring Global Investments Holdings LLC increased its stake in shares of IAMGOLD by 27.4% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,289,000 shares of the mining company’s stock worth $6,654,000 after acquiring an additional 277,000 shares during the last quarter. Cibc World Market Inc. boosted its stake in shares of IAMGOLD by 54.0% during the fourth quarter. Cibc World Market Inc. now owns 5,119,599 shares of the mining company’s stock worth $26,452,000 after buying an additional 1,795,869 shares during the period. Triasima Portfolio Management inc. raised its holdings in IAMGOLD by 44.5% during the fourth quarter. Triasima Portfolio Management inc. now owns 352,315 shares of the mining company’s stock worth $1,820,000 after purchasing an additional 108,524 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of IAMGOLD by 66.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,511,328 shares of the mining company’s stock worth $7,904,000 after purchasing an additional 604,259 shares in the last quarter. Finally, Atria Wealth Solutions Inc. purchased a new position in shares of IAMGOLD during the 4th quarter worth approximately $68,000. 47.08% of the stock is owned by hedge funds and other institutional investors.

About IAMGOLD

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.