Raymond James Issues Pessimistic Forecast for TFPM Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Raymond James dropped their Q4 2024 earnings per share (EPS) estimates for shares of Triple Flag Precious Metals in a research report issued to clients and investors on Tuesday, December 17th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings of $0.14 per share for the quarter, down from their previous forecast of $0.15. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.56 per share. Raymond James also issued estimates for Triple Flag Precious Metals’ Q4 2025 earnings at $0.17 EPS.

Triple Flag Precious Metals (NYSE:TFPM) last released its quarterly earnings data on Tuesday, November 5th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.14 by $0.01. Triple Flag Precious Metals had a positive return on equity of 5.51% and a negative net margin of 22.15%. The company had revenue of $73.67 million for the quarter. During the same period last year, the business earned $0.09 earnings per share.

Separately, Jefferies Financial Group boosted their target price on shares of Triple Flag Precious Metals from $20.00 to $22.00 and gave the stock a “buy” rating in a research report on Friday, October 4th. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $20.50.

Triple Flag Precious Metals Stock Performance

Triple Flag Precious Metals stock opened at $15.22 on Thursday. The firm has a market capitalization of $3.07 billion, a PE ratio of -58.54, a price-to-earnings-growth ratio of 0.86 and a beta of -0.18. Triple Flag Precious Metals has a one year low of $11.75 and a one year high of $18.88. The stock’s 50 day moving average price is $16.81 and its 200 day moving average price is $16.20. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.05 and a current ratio of 3.18.

Institutional Investors Weigh In On Triple Flag Precious Metals

Institutional investors and hedge funds have recently made changes to their positions in the company. Tidal Investments LLC raised its holdings in shares of Triple Flag Precious Metals by 1.8% during the third quarter. Tidal Investments LLC now owns 533,520 shares of the company’s stock worth $8,632,000 after purchasing an additional 9,184 shares during the period. Virtu Financial LLC grew its position in shares of Triple Flag Precious Metals by 6.0% during the 3rd quarter. Virtu Financial LLC now owns 15,066 shares of the company’s stock valued at $244,000 after buying an additional 857 shares during the last quarter. Geode Capital Management LLC raised its stake in Triple Flag Precious Metals by 148.3% during the third quarter. Geode Capital Management LLC now owns 64,744 shares of the company’s stock worth $1,235,000 after acquiring an additional 38,673 shares during the period. Barclays PLC lifted its holdings in Triple Flag Precious Metals by 21.5% in the third quarter. Barclays PLC now owns 142,444 shares of the company’s stock worth $2,304,000 after acquiring an additional 25,220 shares during the last quarter. Finally, Orion Portfolio Solutions LLC boosted its stake in Triple Flag Precious Metals by 103.4% in the third quarter. Orion Portfolio Solutions LLC now owns 46,902 shares of the company’s stock valued at $759,000 after acquiring an additional 23,840 shares during the period. 82.91% of the stock is owned by institutional investors and hedge funds.

Triple Flag Precious Metals Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were given a $0.055 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.22 annualized dividend and a dividend yield of 1.45%. Triple Flag Precious Metals’s payout ratio is -84.62%.

About Triple Flag Precious Metals

Triple Flag Precious Metals Corp., a precious-metals-focused streaming and royalty company, engages in acquiring and managing precious metals, streams, royalties and other mineral interests in Australia, Canada, Colombia, Cote d'Ivoire, Honduras, Mexico, Mongolia, Peru, South Africa, the United States, and internationally.