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 note issued on Tuesday, March 4th. Raymond James analyst F. Hamed now expects that the mining company will post earnings of $0.13 per share for the quarter, down from their prior estimate of $0.19. Raymond James currently 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 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.05). IAMGOLD had a return on equity of 10.64% and a net margin of 50.19%. The business had revenue of $469.90 million during the quarter, compared to the consensus estimate of $498.68 million.

Several other equities analysts also recently commented on IAG. CIBC upgraded shares of IAMGOLD from a “neutral” rating to a “sector outperform” rating in a report on Monday, December 2nd. Cibc World Mkts raised shares of IAMGOLD from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd. Finally, StockNews.com cut shares of IAMGOLD from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th. Four investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $6.57.

IAMGOLD Stock Performance

Shares of NYSE:IAG opened at $5.67 on Thursday. The company has a market capitalization of $3.24 billion, a price-to-earnings ratio of 3.91 and a beta of 1.56. IAMGOLD has a 12 month low of $2.85 and a 12 month high of $6.69. The firm’s 50-day moving average is $5.83 and its 200 day moving average is $5.48. 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 Trading of IAMGOLD

A number of hedge funds have recently added to or reduced their stakes in the company. Donald Smith & CO. Inc. boosted its holdings in 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 buying an additional 216,751 shares in the last quarter. RCF Management L.L.C. purchased a new position in shares of IAMGOLD in the fourth quarter worth about $128,174,000. Vanguard Group Inc. lifted its stake in shares of IAMGOLD by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 21,232,871 shares of the mining company’s stock worth $109,741,000 after buying an additional 321,458 shares in the last quarter. Millennium Management LLC increased its position in IAMGOLD by 88.4% during the fourth quarter. Millennium Management LLC now owns 10,330,194 shares of the mining company’s stock worth $53,307,000 after purchasing an additional 4,846,254 shares during the last quarter. Finally, American Century Companies Inc. increased its position 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 worth $52,499,000 after purchasing an additional 2,092,803 shares during the last quarter. 47.08% of the stock is 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.