Iamgold (IAG) Expected to Release Earnings on Thursday

Iamgold (NYSE:IAGGet Free Report) (TSE:IMG) is projected to issue its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect Iamgold to post earnings of $0.42 per share and revenue of $882.9240 million for the quarter. Investors may review the information on 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 posted its earnings results on Tuesday, May 5th. The mining company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.14. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates 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 Down 2.4%

Shares of NYSE IAG opened at $13.91 on Thursday. 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 business’s 50 day moving average is $15.95 and its two-hundred day moving average is $18.19. Iamgold has a 52-week low of $6.69 and a 52-week high of $24.87. The firm has a market cap of $7.99 billion, a price-to-earnings ratio of 8.09, a PEG ratio of 0.63 and a beta of 1.30.

Institutional Investors Weigh In On Iamgold

A number of large investors have recently modified their holdings of the company. Voloridge Investment Management LLC lifted its position in shares of Iamgold by 261.8% during the 4th quarter. Voloridge Investment Management LLC now owns 3,502,469 shares of the mining company’s stock worth $57,756,000 after purchasing an additional 2,534,395 shares during the last quarter. SummitTX Capital L.P. purchased a new position in Iamgold in the fourth quarter valued at $195,000. Oxford Asset Management LLP acquired a new stake in Iamgold in the fourth quarter valued at $855,000. Orion Resource Partners LP lifted its holdings in Iamgold by 5.4% during the 4th quarter. Orion Resource Partners LP now owns 124,438 shares of the mining company’s stock worth $2,054,000 after buying an additional 6,375 shares during the last quarter. Finally, Millennium Management LLC boosted its position in shares of Iamgold by 4.4% during the 4th quarter. Millennium Management LLC now owns 3,300,768 shares of the mining company’s stock worth $54,432,000 after acquiring an additional 137,691 shares in the last quarter. 47.08% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

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Iamgold Company Profile

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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.

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Earnings History for Iamgold (NYSE:IAG)

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