Triple Flag Precious Metals Corp. (NYSE:TFPM - Free Report) - Equities research analysts at Stifel Canada raised their FY2026 EPS estimates for shares of Triple Flag Precious Metals in a note issued to investors on Monday, October 21st. Stifel Canada analyst I. Rico now forecasts that the company will post earnings of $0.65 per share for the year, up from their previous estimate of $0.48. The consensus estimate for Triple Flag Precious Metals' current full-year earnings is $0.55 per share.
Triple Flag Precious Metals (NYSE:TFPM - Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.01. Triple Flag Precious Metals had a negative net margin of 40.62% and a positive return on equity of 4.73%. The firm had revenue of $63.58 million during the quarter.
TFPM has been the topic of several other reports. Scotiabank boosted their target price on Triple Flag Precious Metals from $20.00 to $21.00 and gave the company a "sector outperform" rating in a research note on Monday, August 19th. Jefferies Financial Group raised their price objective on shares of Triple Flag Precious Metals from $20.00 to $22.00 and gave the stock a "buy" rating in a report on Friday, October 4th. One 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.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $20.50.
Read Our Latest Stock Analysis on Triple Flag Precious Metals
Triple Flag Precious Metals Price Performance
NYSE TFPM traded down $0.10 on Thursday, hitting $18.26. The stock had a trading volume of 346,991 shares, compared to its average volume of 204,829. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.59 and a current ratio of 5.80. Triple Flag Precious Metals has a 52-week low of $11.75 and a 52-week high of $18.88. The company has a market capitalization of $3.68 billion, a price-to-earnings ratio of -41.73, a price-to-earnings-growth ratio of 1.26 and a beta of -0.14. The firm has a 50-day moving average of $16.51 and a 200-day moving average of $16.12.
Triple Flag Precious Metals Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, August 30th were issued a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend was Friday, August 30th. Triple Flag Precious Metals's dividend payout ratio is presently -50.00%.
Institutional Investors Weigh In On Triple Flag Precious Metals
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Sunbelt Securities Inc. grew its stake in Triple Flag Precious Metals by 112.7% in the 1st quarter. Sunbelt Securities Inc. now owns 7,604 shares of the company's stock valued at $110,000 after acquiring an additional 4,029 shares during the last quarter. Versor Investments LP bought a new stake in shares of Triple Flag Precious Metals in the 2nd quarter worth about $160,000. 1832 Asset Management L.P. bought a new stake in Triple Flag Precious Metals during the second quarter valued at $165,000. CIBC Asset Management Inc bought a new position in Triple Flag Precious Metals during the 2nd quarter worth $179,000. Finally, Magnetar Financial LLC bought a new position in Triple Flag Precious Metals in the 2nd quarter worth approximately $228,000. 82.91% of the stock is currently owned by institutional investors and hedge funds.
About Triple Flag Precious Metals
(
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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.
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