Equities Analysts Set Expectations for TFPM FY2025 Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPM) – National Bank Financial raised their FY2025 earnings per share (EPS) estimates for shares of Triple Flag Precious Metals in a research report issued to clients and investors on Tuesday, October 22nd. National Bank Financial analyst S. Nagle now anticipates that the company will earn $0.76 per share for the year, up from their prior forecast of $0.70. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.55 per share.

Several other analysts have also issued reports on the company. Jefferies Financial Group upped their target price on Triple Flag Precious Metals from $20.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, October 4th. Scotiabank upped their price objective on Triple Flag Precious Metals from $20.00 to $21.00 and gave the stock a “sector outperform” rating in a research note on Monday, August 19th. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Triple Flag Precious Metals currently has a consensus rating of “Moderate Buy” and a consensus target price of $20.50.

Triple Flag Precious Metals Trading Down 0.2 %

Shares of NYSE:TFPM opened at $18.22 on Thursday. The company’s 50-day moving average price is $16.60 and its two-hundred day moving average price is $16.15. Triple Flag Precious Metals has a one year low of $11.75 and a one year high of $18.88. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.80 and a quick ratio of 5.59. The stock has a market capitalization of $3.67 billion, a PE ratio of -41.41, a price-to-earnings-growth ratio of 1.26 and a beta of -0.14.

Triple Flag Precious Metals (NYSE:TFPM) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. The business had revenue of $63.58 million for the quarter. Triple Flag Precious Metals had a negative net margin of 40.62% and a positive return on equity of 4.73%.

Triple Flag Precious Metals Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, August 30th were given a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date of this dividend was Friday, August 30th. Triple Flag Precious Metals’s dividend payout ratio (DPR) is presently -50.00%.

Institutional Trading of Triple Flag Precious Metals

Several institutional investors and hedge funds have recently bought and sold shares of the business. Sunbelt Securities Inc. raised its position in shares of Triple Flag Precious Metals by 112.7% in the first quarter. Sunbelt Securities Inc. now owns 7,604 shares of the company’s stock valued at $110,000 after purchasing an additional 4,029 shares during the period. Versor Investments LP bought a new position in Triple Flag Precious Metals in the 2nd quarter valued at about $160,000. 1832 Asset Management L.P. acquired a new stake in Triple Flag Precious Metals during the second quarter worth approximately $165,000. CIBC Asset Management Inc bought a new stake in shares of Triple Flag Precious Metals during the second quarter worth approximately $179,000. Finally, Magnetar Financial LLC acquired a new position in shares of Triple Flag Precious Metals in the second quarter valued at approximately $228,000. Institutional investors own 82.91% of the company’s stock.

Triple Flag Precious Metals Company Profile

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.