Raymond James Has Bearish Forecast for IAMGOLD Q1 Earnings

IAMGOLD Co. (NYSE:IAG) (TSE:IMG) – Equities researchers at Raymond James reduced their Q1 2025 EPS estimates for shares of IAMGOLD in a research report issued on Tuesday, March 4th. Raymond James analyst F. Hamed now anticipates that the mining company will earn $0.13 per share for the quarter, down from their prior forecast 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 released 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 net margin of 50.19% and a return on equity of 10.64%. The company had revenue of $469.90 million for the quarter, compared to the consensus estimate of $498.68 million.

A number of other analysts have also recently commented 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 cut shares of IAMGOLD from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th. Finally, CIBC upgraded 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 issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, IAMGOLD currently has an average rating of “Moderate Buy” and a consensus price target of $6.57.

IAMGOLD Stock Performance

Shares of IAG stock opened at $5.48 on Thursday. The stock has a market capitalization of $3.13 billion, a P/E ratio of 3.78 and a beta of 1.56. The company has a current ratio of 0.89, a quick ratio of 0.61 and a debt-to-equity ratio of 0.24. The firm’s 50 day moving average is $5.84 and its 200 day moving average is $5.48. IAMGOLD has a 12 month low of $2.90 and a 12 month high of $6.69.

Institutional Trading of IAMGOLD

Several institutional investors and hedge funds have recently bought and sold shares of IAG. Tobam purchased a new stake in IAMGOLD in the 4th quarter worth approximately $25,000. Blue Trust Inc. lifted its stake 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 in the last quarter. Raab & Moskowitz Asset Management LLC purchased a new stake in shares of IAMGOLD during the 4th quarter valued at $56,000. Atria Wealth Solutions Inc. purchased a new stake in shares of IAMGOLD during the 4th quarter valued at $68,000. Finally, Choreo LLC purchased a new stake in shares of IAMGOLD during the 4th quarter valued at $88,000. 47.08% of the stock is currently owned by hedge funds and other institutional investors.

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.