FY2026 Earnings Estimate for IAMGOLD Issued By Cormark

IAMGOLD Co. (NYSE:IAG) (TSE:IMG) – Research analysts at Cormark issued their FY2026 EPS estimates for shares of IAMGOLD in a research report issued on Monday, November 11th. Cormark analyst R. Gray expects that the mining company will post earnings per share of $1.37 for the year. The consensus estimate for IAMGOLD’s current full-year earnings is $0.56 per share.

Several other equities research analysts have also issued reports on the stock. CIBC raised their price target on shares of IAMGOLD from $5.40 to $6.40 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. StockNews.com upgraded shares of IAMGOLD from a “hold” rating to a “buy” rating in a research note on Monday. Royal Bank of Canada reiterated a “sector perform” rating and issued a $6.00 price objective on shares of IAMGOLD in a research note on Tuesday, October 22nd. National Bank Financial raised shares of IAMGOLD from a “sector perform” rating to an “outperform” rating in a report on Thursday, October 10th. Finally, Scotiabank raised their price target on shares of IAMGOLD from $4.75 to $5.50 and gave the company a “sector perform” rating in a report on Monday, August 19th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $6.68.

IAMGOLD Stock Performance

NYSE:IAG opened at $4.99 on Thursday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.61 and a current ratio of 0.89. The firm has a market cap of $2.85 billion, a price-to-earnings ratio of 3.90 and a beta of 1.57. IAMGOLD has a 52 week low of $2.11 and a 52 week high of $6.37. The firm has a 50-day moving average price of $5.29 and a two-hundred day moving average price of $4.54.

Hedge Funds Weigh In On IAMGOLD

A number of institutional investors have recently bought and sold shares of IAG. Vanguard Group Inc. grew its holdings in shares of IAMGOLD by 1.0% during the first quarter. Vanguard Group Inc. now owns 17,678,843 shares of the mining company’s stock valued at $58,871,000 after buying an additional 168,302 shares during the last quarter. Donald Smith & CO. Inc. raised its position in IAMGOLD by 0.8% in the first quarter. Donald Smith & CO. Inc. now owns 36,077,268 shares of the mining company’s stock worth $120,137,000 after acquiring an additional 298,959 shares during the period. Linscomb Wealth Inc. bought a new stake in shares of IAMGOLD during the 1st quarter valued at $67,000. Virtu Financial LLC raised its position in shares of IAMGOLD by 1,034.3% during the 1st quarter. Virtu Financial LLC now owns 339,792 shares of the mining company’s stock valued at $1,132,000 after purchasing an additional 309,836 shares during the period. Finally, Cetera Advisors LLC bought a new stake in shares of IAMGOLD during the 1st quarter valued at $50,000. 47.08% of the stock is owned by 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.