FY2025 Earnings Estimate for TFPM Issued By Raymond James

Triple Flag Precious Metals Corp. (NYSE:TFPM - Free Report) - Research analysts at Raymond James lowered their FY2025 earnings per share (EPS) estimates for 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 earn $0.66 per share for the year, down from their prior forecast of $0.68. The consensus estimate for Triple Flag Precious Metals' current full-year earnings is $0.56 per share.

Separately, Jefferies Financial Group lifted their price objective on 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 research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Triple Flag Precious Metals currently has a consensus rating of "Moderate Buy" and a consensus target price of $20.50.

Triple Flag Precious Metals Price Performance

TFPM traded down $0.16 during trading on Friday, reaching $15.22. The company's stock had a trading volume of 1,701,393 shares, compared to its average volume of 236,473. The company has a quick ratio of 3.05, a current ratio of 3.18 and a debt-to-equity ratio of 0.02. The firm has a fifty day simple moving average of $16.81 and a two-hundred day simple moving average of $16.20. The company has a market cap of $3.07 billion, a price-to-earnings ratio of -58.54, a PEG ratio of 0.86 and a beta of -0.18. Triple Flag Precious Metals has a 1 year low of $11.75 and a 1 year high of $18.88.

Triple Flag Precious Metals (NYSE:TFPM - Get Free Report) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.01. Triple Flag Precious Metals had a negative net margin of 22.15% and a positive return on equity of 5.51%. The firm had revenue of $73.67 million for the quarter. During the same period in the prior year, the business posted $0.09 earnings per share.

Institutional Investors Weigh In On Triple Flag Precious Metals

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Point72 Asset Management L.P. purchased a new stake in shares of Triple Flag Precious Metals in the 3rd quarter valued at approximately $111,000. Versor Investments LP acquired a new position in Triple Flag Precious Metals during the second quarter worth $160,000. 1832 Asset Management L.P. purchased a new position in shares of Triple Flag Precious Metals during the second quarter worth $165,000. CIBC Asset Management Inc acquired a new stake in shares of Triple Flag Precious Metals in the second quarter valued at $179,000. Finally, XTX Topco Ltd purchased a new stake in shares of Triple Flag Precious Metals in the 3rd quarter valued at $220,000. Hedge funds and other institutional investors own 82.91% of the company's stock.

Triple Flag Precious Metals Dividend Announcement

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

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.