Iamgold Corp (NYSE:IAG) has a beta value of 1.00 and has seen 2.08 million shares traded in the recent trading session. The company, currently valued at $4.54B, closed the recent trade at $7.89 per share which meant it gained $0.11 on the day or 1.48% during that session. The IAG stock price is -6.21% off its 52-week high price of $8.38 and 56.4% above the 52-week low of $3.44. If we look at the company’s 10-day average daily trading volume, we find that it stood at 20.48 million shares traded. The 3-month trading volume is 13.77 million shares.
The consensus among analysts is that Iamgold Corp (IAG) is Hold stock at the moment, with a recommendation rating of 1.73. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 9 out of 14 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.07.
Iamgold Corp (NYSE:IAG) trade information
Sporting 1.48% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the IAG stock price touched $7.89 or saw a rise of 5.85%. Year-to-date, Iamgold Corp shares have moved 53.00%, while the 5-day performance has seen it change 8.30%. Over the past 30 days, the shares of Iamgold Corp (NYSE:IAG) have changed 30.71%. Short interest in the company has seen 9.72 million shares shorted with days to cover at 0.67.
Wall Street analysts have a consensus price target for the stock at $8.2, which means that the shares’ value could jump 3.78% from the levels at last check today.. The projected low price target is $8.0 while the price target rests at a high of $8.4. In that case, then, we find that the latest price level in today’s session is -6.46% off the targeted high while a plunge would see the stock gain -1.39% from the levels at last check today..
Iamgold Corp (IAG) estimates and forecasts
The company’s shares have gained 54.50% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 48.09%.
1 analysts offering their estimates for the company have set an average revenue estimate of 521.08M for the current quarter. 1 have an estimated revenue figure of 580.38M for the next ending quarter. Year-ago sales stood 338.9M and 385.3M respectively for this quarter and the next, and analysts expect sales will grow by 53.76% for the current quarter and 48.09% for the next.
Earnings growth for 2025 is a modest 28.54% while over the next 5 years, the company’s earnings are expected to increase by 16.67%.
IAG Dividends
Iamgold Corp is expected to release its next earnings report on 2025-Feb-19 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Iamgold Corp (NYSE:IAG)’s Major holders
Insiders own 0.11% of the company shares, while shares held by institutions stand at 70.84% with a share float percentage of 70.92%. Investors are also buoyed by the number of investors in a company, with Iamgold Corp having a total of 331.0 institutions that hold shares in the company. The top two institutional holders are VAN ECK ASSOCIATES CORP with over 48.63 million shares worth more than $182.36 million. As of 2024-06-30, VAN ECK ASSOCIATES CORP held 9.2553% of shares outstanding.
The other major institutional holder is DONALD SMITH & CO., INC., with the holding of over 34.89 million shares as of 2024-06-30. The firm’s total holdings are worth over $130.84 million and represent 6.6408% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF . As of Mar 31, 2025 , the former fund manager holds about 3.57% shares in the company for having 20.55 shares of worth $163.58 million while later fund manager owns 18.71 shares of worth $148.91 million as of Mar 31, 2025 , which makes it owner of about 3.25% of company’s outstanding stock.
