Iamgold (IAG) Projected to Announce Earnings on Thursday

Iamgold (NYSE:IAGGet Free Report) (TSE:IMG) is expected to be releasing its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to post earnings of $0.42 per share and revenue of $882.9240 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Friday, August 7, 2026 at 8:30 AM ET.

Iamgold (NYSE:IAGGet Free Report) (TSE:IMG) last announced its earnings results on Tuesday, May 5th. The mining company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.14. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $955.17 million. Iamgold had a net margin of 29.49% and a return on equity of 26.65%. On average, analysts expect Iamgold to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Iamgold Stock Up 1.2%

Shares of NYSE:IAG traded up $0.18 during midday trading on Tuesday, reaching $14.93. The company’s stock had a trading volume of 1,530,100 shares, compared to its average volume of 7,107,565. The company has a quick ratio of 1.21, a current ratio of 1.89 and a debt-to-equity ratio of 0.12. The firm has a 50 day moving average of $15.82 and a 200-day moving average of $18.13. The firm has a market capitalization of $8.57 billion, a P/E ratio of 8.67, a PEG ratio of 0.63 and a beta of 1.30. Iamgold has a 12-month low of $7.07 and a 12-month high of $24.87.

Analyst Upgrades and Downgrades

IAG has been the topic of several research reports. Weiss Ratings lowered shares of Iamgold from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 9th. Wall Street Zen lowered shares of Iamgold from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 25th. Scotiabank dropped their price target on Iamgold from $25.00 to $22.00 and set a “sector perform” rating on the stock in a research report on Tuesday, July 14th. Bank of America dropped their price target on Iamgold from $22.50 to $21.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Finally, Royal Bank Of Canada reduced their price objective on Iamgold from $22.00 to $20.00 and set an “outperform” rating for the company in a research report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Iamgold presently has an average rating of “Moderate Buy” and a consensus price target of $19.00.

Read Our Latest Stock Report on Iamgold

Institutional Trading of Iamgold

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Royal Bank of Canada lifted its stake in shares of Iamgold by 14.0% in the first quarter. Royal Bank of Canada now owns 691,322 shares of the mining company’s stock worth $4,321,000 after buying an additional 84,939 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Iamgold by 6.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,420,263 shares of the mining company’s stock worth $15,127,000 after acquiring an additional 144,160 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Iamgold by 67.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,005,292 shares of the mining company’s stock valued at $6,283,000 after acquiring an additional 404,645 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Iamgold by 64.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 228,257 shares of the mining company’s stock valued at $1,678,000 after acquiring an additional 89,197 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in Iamgold by 16.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 532,137 shares of the mining company’s stock valued at $3,899,000 after purchasing an additional 77,016 shares during the last quarter. 47.08% of the stock is currently owned by institutional investors.

About Iamgold

(Get Free Report)

IAMGOLD Corporation, founded in 1990 and headquartered in Toronto, is a mid-tier gold producer engaged in the exploration, development and operation of gold mining assets. The company’s primary focus is on the discovery and extraction of gold, with a portfolio that spans both operating mines and advanced development projects. IAMGOLD combines in-house technical expertise with strategic partnerships to advance projects from exploration through to production.

The company’s principal producing assets include the Essakane gold mine in Burkina Faso, which began commercial production in 2010, and the Westwood underground gold mine in Quebec’s Abitibi region.

Further Reading

Earnings History for Iamgold (NYSE:IAG)

Receive News & Ratings for Iamgold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iamgold and related companies with MarketBeat.com's FREE daily email newsletter.