Raymond James Issues Positive Forecast for IAMGOLD Earnings

IAMGOLD Co. (NYSE:IAG - Free Report) TSE: IMG - Analysts at Raymond James raised their Q3 2025 earnings estimates for IAMGOLD in a research report issued to clients and investors on Wednesday, April 16th. Raymond James analyst F. Hamed now expects that the mining company will post earnings per share of $0.28 for the quarter, up from their prior forecast of $0.27. Raymond James has a "Market Perform" rating and a $8.00 price target on the stock. The consensus estimate for IAMGOLD's current full-year earnings is $0.67 per share. Raymond James also issued estimates for IAMGOLD's Q4 2025 earnings at $0.30 EPS.

A number of other brokerages have also commented on IAG. National Bank Financial upgraded shares of IAMGOLD to a "strong-buy" rating in a report on Friday, March 21st. CIBC reiterated 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 issued an "outperform" rating on the stock. Scotiabank increased their price objective on shares of IAMGOLD from $6.75 to $7.50 and gave the stock a "sector perform" rating in a research report on Monday, April 14th. Finally, StockNews.com lowered shares of IAMGOLD from a "buy" rating to a "hold" rating in a report on Thursday, February 27th. Four analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $7.57.

IAMGOLD Price Performance

IAG traded down $0.32 on Friday, reaching $7.32. The stock had a trading volume of 11,875,452 shares, compared to its average volume of 10,097,901. The firm has a 50-day moving average of $6.24 and a 200-day moving average of $5.78. IAMGOLD has a fifty-two week low of $3.44 and a fifty-two week high of $8.38. The company has a current ratio of 0.89, a quick ratio of 0.61 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $4.21 billion, a price-to-earnings ratio of 5.05 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 analysts' consensus estimates of $0.15 by ($0.05). The company had revenue of $469.90 million during the quarter, compared to analyst estimates of $498.68 million. IAMGOLD had a net margin of 50.19% and a return on equity of 10.64%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. RCF Management L.L.C. bought a new stake in IAMGOLD in the 4th quarter valued at about $128,174,000. Millennium Management LLC grew its holdings in IAMGOLD by 88.4% during the 4th quarter. Millennium Management LLC now owns 10,330,194 shares of the mining company's stock valued at $53,307,000 after buying an additional 4,846,254 shares in the last quarter. Invesco Ltd. increased its position in shares of IAMGOLD by 41.6% during the fourth quarter. Invesco Ltd. now owns 7,139,935 shares of the mining company's stock valued at $36,842,000 after buying an additional 2,098,215 shares during the period. American Century Companies Inc. lifted its holdings in shares of IAMGOLD by 25.9% in the fourth quarter. American Century Companies Inc. now owns 10,162,314 shares of the mining company's stock worth $52,499,000 after buying an additional 2,092,803 shares in the last quarter. Finally, Cibc World Market Inc. boosted its position in shares of IAMGOLD by 54.0% in the fourth quarter. Cibc World Market Inc. now owns 5,119,599 shares of the mining company's stock valued at $26,452,000 after acquiring an additional 1,795,869 shares during the period. 47.08% of the stock is currently 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.