Cormark Has Pessimistic View of IAMGOLD FY2025 Earnings

IAMGOLD Co. (NYSE:IAG) (TSE:IMG) – Equities researchers at Cormark cut their FY2025 EPS estimates for IAMGOLD in a research note issued to investors on Wednesday, February 26th. Cormark analyst R. Gray now anticipates that the mining company will post earnings of $0.31 per share for the year, down from their prior forecast of $0.62. The consensus estimate for IAMGOLD’s current full-year earnings is $0.67 per share. Cormark also issued estimates for IAMGOLD’s Q4 2025 earnings at $0.10 EPS and FY2026 earnings at $0.69 EPS.

IAMGOLD (NYSE:IAG) (TSE:IMG) last issued its earnings results on Thursday, February 20th. The mining company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.05). IAMGOLD had a net margin of 50.19% and a return on equity of 10.64%. The business had revenue of $469.90 million for the quarter, compared to analyst estimates of $498.68 million.

Other analysts have also issued research reports about the company. StockNews.com lowered IAMGOLD from a “buy” rating to a “hold” rating in a research note on Thursday. Cibc World Mkts raised IAMGOLD from a “hold” rating to a “strong-buy” rating in a report on Monday, December 2nd. CIBC raised IAMGOLD from a “neutral” rating to a “sector outperform” rating in a report on Monday, December 2nd. Finally, Raymond James raised IAMGOLD from a “strong sell” rating to a “hold” rating in a research note on Monday, February 3rd. Four research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, IAMGOLD has a consensus rating of “Moderate Buy” and a consensus target price of $6.57.

IAMGOLD Stock Down 6.6 %

NYSE IAG opened at $5.45 on Friday. IAMGOLD has a 1-year low of $2.53 and a 1-year high of $6.69. The company has a market capitalization of $3.11 billion, a price-to-earnings ratio of 3.76 and a beta of 1.56. The stock’s 50 day moving average is $5.80 and its two-hundred day moving average is $5.46. 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 Investors Weigh In On IAMGOLD

Hedge funds and other institutional investors have recently made changes to their positions in the company. Tobam bought a new position in IAMGOLD in the fourth quarter valued at about $25,000. Blue Trust Inc. raised its stake in shares of IAMGOLD by 157.1% during the fourth quarter. Blue Trust Inc. now owns 9,018 shares of the mining company’s stock worth $47,000 after buying an additional 5,511 shares during the last quarter. Raab & Moskowitz Asset Management LLC bought a new position in IAMGOLD in the fourth quarter valued at approximately $56,000. Atria Wealth Solutions Inc. acquired a new stake in IAMGOLD during the 4th quarter worth $68,000. Finally, Choreo LLC acquired a new stake in IAMGOLD during the 4th quarter worth $88,000. 47.08% of the stock is owned by institutional investors and hedge funds.

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.