Raymond James Weighs in on IAMGOLD's Q1 Earnings (NYSE:IAG)

IAMGOLD Co. (NYSE:IAG - Free Report) TSE: IMG - Investment analysts at Raymond James cut their Q1 2025 earnings per share estimates for shares of IAMGOLD in a research note issued on Monday, February 3rd. Raymond James analyst F. Hamed now anticipates that the mining company will post earnings of $0.19 per share for the quarter, down from their prior estimate of $0.20. Raymond James currently has a "Hold" rating on the stock. The consensus estimate for IAMGOLD's current full-year earnings is $0.57 per share. Raymond James also issued estimates for IAMGOLD's Q3 2025 earnings at $0.19 EPS and FY2025 earnings at $0.78 EPS.

IAMGOLD (NYSE:IAG - Get Free Report) TSE: IMG last announced its quarterly earnings results on Thursday, November 7th. The mining company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.07. IAMGOLD had a return on equity of 10.01% and a net margin of 49.56%. The firm had revenue of $438.90 million during the quarter. During the same quarter in the prior year, the company posted ($0.01) earnings per share.

A number of other analysts have also issued reports on IAG. Canaccord Genuity Group upgraded shares of IAMGOLD from a "hold" rating to a "buy" rating in a research note on Tuesday, October 22nd. CIBC raised shares of IAMGOLD from a "neutral" rating to a "sector outperform" rating in a research report on Monday, December 2nd. StockNews.com raised IAMGOLD from a "hold" rating to a "buy" rating in a research report on Thursday. Cibc World Mkts raised IAMGOLD from a "hold" rating to a "strong-buy" rating in a report on Monday, December 2nd. Finally, Royal Bank of Canada restated a "sector perform" rating and set a $6.00 price objective on shares of IAMGOLD in a report on Tuesday, October 22nd. Three investment analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $6.57.

IAMGOLD Stock Down 0.9 %

Shares of NYSE:IAG traded down $0.06 during mid-day trading on Wednesday, hitting $6.41. 11,268,177 shares of the company traded hands, compared to its average volume of 12,636,900. The firm's 50 day simple moving average is $5.61 and its 200 day simple moving average is $5.24. The firm has a market cap of $3.66 billion, a P/E ratio of 5.00 and a beta of 1.56. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.61 and a current ratio of 0.89. IAMGOLD has a 52-week low of $2.32 and a 52-week high of $6.64.

Institutional Investors Weigh In On IAMGOLD

A number of hedge funds have recently made changes to their positions in IAG. Tobam bought a new stake in IAMGOLD during the 4th quarter valued at $25,000. ORG Partners LLC acquired a new position in IAMGOLD during the 3rd quarter valued at about $29,000. Eastern Bank acquired a new stake in shares of IAMGOLD in the 3rd quarter worth approximately $30,000. Blue Trust Inc. boosted its holdings in shares of IAMGOLD by 157.1% in 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 in the last quarter. Finally, Raab & Moskowitz Asset Management LLC acquired a new position in shares of IAMGOLD during the fourth quarter valued at approximately $56,000. 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.