FY2026 Earnings Estimate for IAMGOLD Issued By Stifel Canada

IAMGOLD Co. (NYSE:IAG - Free Report) TSE: IMG - Research analysts at Stifel Canada boosted their FY2026 earnings per share estimates for shares of IAMGOLD in a report issued on Monday, April 21st. Stifel Canada analyst I. Rico now forecasts that the mining company will post earnings per share of $1.19 for the year, up from their previous forecast of $0.97. The consensus estimate for IAMGOLD's current full-year earnings is $0.67 per share. Stifel Canada also issued estimates for IAMGOLD's FY2027 earnings at $1.22 EPS.

IAG has been the subject of a number of other reports. BMO Capital Markets initiated coverage on shares of IAMGOLD in a research note on Wednesday, April 16th. They issued an "outperform" rating for the company. National Bank Financial upgraded IAMGOLD to a "strong-buy" rating in a research report on Friday, March 21st. Scotiabank increased their price objective on IAMGOLD from $6.75 to $7.50 and gave the stock a "sector perform" rating in a report on Monday, April 14th. CIBC reaffirmed an "outperform" rating on shares of IAMGOLD in a report on Thursday, March 20th. Finally, StockNews.com downgraded shares of IAMGOLD from a "buy" rating to a "hold" rating in a report on Thursday, February 27th. Four investment analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, IAMGOLD presently has a consensus rating of "Moderate Buy" and a consensus price target of $7.57.

IAMGOLD Stock Performance

NYSE:IAG traded down $0.15 on Wednesday, reaching $7.04. 10,282,192 shares of the company's stock were exchanged, compared to its average volume of 10,123,037. The stock has a fifty day simple moving average of $6.28 and a 200-day simple moving average of $5.83. IAMGOLD has a 52 week low of $3.44 and a 52 week high of $8.38. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.89 and a quick ratio of 0.61. The firm has a market cap of $4.05 billion, a price-to-earnings ratio of 4.86 and a beta of 1.52.

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

Institutional Trading of IAMGOLD

Several institutional investors and hedge funds have recently made changes to their positions in IAG. Tobam bought a new stake in IAMGOLD during the fourth quarter worth about $25,000. Blue Trust Inc. grew its position in IAMGOLD by 157.1% during the fourth quarter. Blue Trust Inc. now owns 9,018 shares of the mining company's stock valued at $47,000 after acquiring an additional 5,511 shares during the last quarter. Raab & Moskowitz Asset Management LLC purchased a new position in shares of IAMGOLD during the fourth quarter worth approximately $56,000. Atria Wealth Solutions Inc. bought a new stake in shares of IAMGOLD in the 4th quarter worth approximately $68,000. Finally, Alpha Omega Wealth Management LLC purchased a new stake in shares of IAMGOLD in the 1st quarter valued at $75,000. Hedge funds and other institutional investors own 47.08% of the company's stock.

IAMGOLD Company Profile

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.