Raymond James Comments on IAMGOLD’s Q3 Earnings (NYSE:IAG)

IAMGOLD Co. (NYSE:IAG) (TSE:IMG) – Research analysts at Raymond James lifted their Q3 2025 earnings estimates for IAMGOLD in a report issued 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 objective 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.

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

IAMGOLD Trading Down 3.4 %

Shares of IAMGOLD stock opened at $7.82 on Friday. IAMGOLD has a 12-month low of $3.44 and a 12-month high of $8.38. The stock has a market capitalization of $4.47 billion, a P/E ratio of 5.39 and a beta of 1.52. The company has a 50-day simple moving average of $6.19 and a 200 day simple moving average of $5.74. The company has a quick ratio of 0.61, a current ratio of 0.89 and a debt-to-equity ratio of 0.24.

IAMGOLD (NYSE:IAG) (TSE:IMG) last released its quarterly earnings data on Thursday, February 20th. The mining company reported $0.10 earnings per share (EPS) 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 company had revenue of $469.90 million for the quarter, compared to analyst estimates of $498.68 million.

Institutional Trading of IAMGOLD

Institutional investors have recently bought and sold shares of the business. Donald Smith & CO. Inc. grew its stake in shares of IAMGOLD by 0.7% during the fourth quarter. Donald Smith & CO. Inc. now owns 31,233,874 shares of the mining company’s stock worth $161,167,000 after purchasing an additional 216,751 shares during the period. RCF Management L.L.C. bought a new stake in shares of IAMGOLD in the 4th quarter valued at about $128,174,000. Vanguard Group Inc. raised its position in shares of IAMGOLD by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 21,232,871 shares of the mining company’s stock valued at $109,741,000 after acquiring an additional 321,458 shares during the period. Millennium Management LLC boosted its stake in IAMGOLD by 88.4% during the 4th quarter. Millennium Management LLC now owns 10,330,194 shares of the mining company’s stock worth $53,307,000 after acquiring an additional 4,846,254 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in IAMGOLD by 25.9% during the fourth quarter. American Century Companies Inc. now owns 10,162,314 shares of the mining company’s stock valued at $52,499,000 after purchasing an additional 2,092,803 shares during the period. Institutional investors and hedge funds own 47.08% of the company’s stock.

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.