Q3 EPS Estimates for Iamgold Cut by Raymond James Financial

Iamgold Corporation (NYSE:IAG) (TSE:IMG) – Raymond James Financial decreased their Q3 2025 earnings per share (EPS) estimates for shares of Iamgold in a research report issued to clients and investors on Thursday, October 23rd. Raymond James Financial analyst J. Elliott now anticipates that the mining company will earn $0.21 per share for the quarter, down from their prior forecast of $0.23. Raymond James Financial has a “Market Perform” rating and a $13.00 price objective on the stock. The consensus estimate for Iamgold’s current full-year earnings is $0.67 per share. Raymond James Financial also issued estimates for Iamgold’s FY2025 earnings at $0.82 EPS.

Iamgold (NYSE:IAG) (TSE:IMG) last released its quarterly earnings results on Thursday, August 7th. The mining company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.01). The firm had revenue of $587.21 million for the quarter, compared to analyst estimates of $663.21 million. Iamgold had a return on equity of 8.54% and a net margin of 40.61%.

Several other equities research analysts also recently commented on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Iamgold in a report on Wednesday, October 8th. Royal Bank Of Canada raised Iamgold from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from $9.00 to $14.00 in a report on Wednesday, September 10th. CIBC increased their price objective on Iamgold from $10.40 to $19.00 and gave the company an “outperformer” rating in a report on Friday, October 10th. Stifel Canada raised Iamgold from a “hold” rating to a “strong-buy” rating in a report on Monday, October 20th. Finally, Zacks Research downgraded Iamgold from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. Three equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $15.25.

Iamgold Trading Down 3.2%

NYSE IAG opened at $11.50 on Monday. The company has a market cap of $6.62 billion, a PE ratio of 8.28, a PEG ratio of 0.42 and a beta of 1.24. The company has a current ratio of 1.47, a quick ratio of 0.76 and a debt-to-equity ratio of 0.31. Iamgold has a 12 month low of $4.89 and a 12 month high of $14.67. The stock has a 50 day moving average of $11.38 and a 200-day moving average of $8.66.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Parallel Advisors LLC boosted its stake in shares of Iamgold by 272.9% during the second quarter. Parallel Advisors LLC now owns 3,584 shares of the mining company’s stock valued at $26,000 after purchasing an additional 2,623 shares in the last quarter. Hsbc Holdings PLC boosted its stake in shares of Iamgold by 17.8% during the first quarter. Hsbc Holdings PLC now owns 19,973 shares of the mining company’s stock valued at $125,000 after purchasing an additional 3,020 shares in the last quarter. Measured Wealth Private Client Group LLC boosted its stake in shares of Iamgold by 4.0% during the second quarter. Measured Wealth Private Client Group LLC now owns 89,293 shares of the mining company’s stock valued at $656,000 after purchasing an additional 3,396 shares in the last quarter. Banque Transatlantique SA acquired a new stake in shares of Iamgold during the second quarter valued at about $26,000. Finally, Vanguard Personalized Indexing Management LLC raised its position in shares of Iamgold by 10.7% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 36,901 shares of the mining company’s stock worth $271,000 after acquiring an additional 3,562 shares during the last quarter. Institutional investors 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.