Raymond James Has Negative Outlook of IAMGOLD Q1 Earnings

IAMGOLD Co. (NYSE:IAG) (TSE:IMG) – Research analysts at Raymond James decreased their Q1 2025 EPS estimates for shares of IAMGOLD in a research report issued on Tuesday, March 4th. Raymond James analyst F. Hamed now expects that the mining company will post earnings per share of $0.13 for the quarter, down from their previous estimate of $0.19. Raymond James has a “Hold” rating 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 Q2 2025 earnings at $0.12 EPS, Q3 2025 earnings at $0.12 EPS and Q4 2025 earnings at $0.12 EPS.

IAMGOLD (NYSE:IAG) (TSE:IMG) last posted its earnings results on Thursday, February 20th. The mining company reported $0.10 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 firm had revenue of $469.90 million for the quarter, compared to the consensus estimate of $498.68 million.

A number of other research analysts have also weighed in on IAG. Cibc World Mkts upgraded shares of IAMGOLD from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 2nd. StockNews.com downgraded shares of IAMGOLD from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. Finally, CIBC raised shares of IAMGOLD from a “neutral” rating to a “sector outperform” rating in a research note on Monday, December 2nd. Four research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has 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 $6.57.

IAMGOLD Trading Up 2.1 %

Shares of IAG stock opened at $5.67 on Thursday. IAMGOLD has a 12-month low of $2.85 and a 12-month high of $6.69. The firm has a market cap of $3.24 billion, a P/E ratio of 3.91 and a beta of 1.56. The company has a quick ratio of 0.61, a current ratio of 0.89 and a debt-to-equity ratio of 0.24. The company has a 50 day moving average of $5.83 and a 200-day moving average of $5.48.

Institutional Investors Weigh In On IAMGOLD

A number of hedge funds and other institutional investors have recently bought and sold shares of IAG. Tobam purchased a new stake in IAMGOLD in the fourth quarter worth about $25,000. Blue Trust Inc. grew its position in IAMGOLD by 157.1% in the 4th quarter. Blue Trust Inc. now owns 9,018 shares of the mining company’s stock worth $47,000 after purchasing an additional 5,511 shares during the period. Raab & Moskowitz Asset Management LLC bought a new stake in IAMGOLD in the 4th quarter worth approximately $56,000. Atria Wealth Solutions Inc. bought a new stake in IAMGOLD in the 4th quarter worth approximately $68,000. Finally, Choreo LLC bought a new stake in IAMGOLD in the 4th quarter worth approximately $88,000. 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.