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

IAMGOLD Co. (NYSE:IAG) (TSE:IMG) – Analysts at Raymond James decreased their Q1 2025 earnings estimates for shares of IAMGOLD in a research note issued on Monday, February 3rd. Raymond James analyst F. Hamed now forecasts that the mining company will post earnings per share of $0.19 for the quarter, down from their prior forecast of $0.20. Raymond James currently has a “Hold” rating on the stock. The consensus estimate for IAMGOLD’s current full-year earnings is $0.58 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) (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 analysts’ consensus estimates of $0.11 by $0.07. The business had revenue of $438.90 million during the quarter. IAMGOLD had a net margin of 49.56% and a return on equity of 10.01%. During the same quarter in the prior year, the business earned ($0.01) EPS.

A number of other brokerages have also recently commented on IAG. CIBC raised shares of IAMGOLD from a “neutral” rating to a “sector outperform” rating in a research note on Monday, December 2nd. StockNews.com cut shares of IAMGOLD from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th. Cibc World Mkts raised shares of IAMGOLD from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 2nd. Canaccord Genuity Group raised shares of IAMGOLD from a “hold” rating to a “buy” rating in a research note on Tuesday, October 22nd. Finally, National Bank Financial raised shares of IAMGOLD from a “sector perform” rating to an “outperform” rating in a research note on Thursday, October 10th. Four investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $6.57.

IAMGOLD Price Performance

Shares of NYSE IAG opened at $6.37 on Wednesday. The stock has a market cap of $3.64 billion, a price-to-earnings ratio of 4.97 and a beta of 1.56. IAMGOLD has a 52 week low of $2.32 and a 52 week high of $6.64. The company’s 50-day moving average price is $5.55 and its 200 day moving average price is $5.21. 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 Investors Weigh In On IAMGOLD

Hedge funds and other institutional investors have recently modified their holdings of the company. Tobam purchased a new stake in IAMGOLD in the fourth quarter valued at approximately $25,000. ORG Partners LLC purchased a new stake in IAMGOLD in the third quarter valued at approximately $29,000. Eastern Bank purchased a new stake in IAMGOLD in the third quarter valued at approximately $30,000. Blue Trust Inc. grew its holdings in 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 purchasing an additional 5,511 shares during the period. Finally, Raab & Moskowitz Asset Management LLC purchased a new stake in IAMGOLD in the fourth quarter valued at approximately $56,000. 47.08% of the stock is currently owned by hedge funds and other institutional investors.

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.