Trisura Group FY2024 EPS Boosted by National Bank Financial

Trisura Group Ltd. (TSE:TSU) – Investment analysts at National Bank Financial upped their FY2024 EPS estimates for Trisura Group in a research report issued to clients and investors on Sunday, February 2nd. National Bank Financial analyst J. Gloyn now anticipates that the company will earn $2.74 per share for the year, up from their previous estimate of $2.59. The consensus estimate for Trisura Group’s current full-year earnings is $3.13 per share. National Bank Financial also issued estimates for Trisura Group’s Q4 2024 earnings at $0.72 EPS.

Trisura Group (TSE:TSU) last announced its quarterly earnings results on Thursday, November 7th. The company reported C$0.68 earnings per share for the quarter, hitting analysts’ consensus estimates of C$0.68. Trisura Group had a return on equity of 14.65% and a net margin of 2.92%. During the same quarter in the prior year, the firm earned $0.67 EPS.

Separately, CIBC lowered their price target on shares of Trisura Group from C$60.00 to C$50.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of C$56.33.

Trisura Group Stock Up 2.7 %

TSU stock opened at C$33.30 on Wednesday. The business’s 50 day simple moving average is C$37.45 and its 200 day simple moving average is C$40.39. The company has a current ratio of 76.83, a quick ratio of 0.22 and a debt-to-equity ratio of 15.83. The firm has a market capitalization of C$1.58 billion, a PE ratio of 17.90 and a beta of 0.82. Trisura Group has a 1-year low of C$31.74 and a 1-year high of C$46.75.

About Trisura Group

Trisura Group Ltd., a specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada, the United States, and internationally. The company operates through Trisura Canada and Trisura the United States segments. It also offers risk solutions, fronting, and insurance products, as well as provides business underwriting services.