Raymond James Increases Earnings Estimates for Trisura Group

Trisura Group Ltd. (TSE:TSU - Free Report) - Raymond James increased their FY2024 earnings per share (EPS) estimates for Trisura Group in a research report issued on Friday, November 8th. Raymond James analyst S. Boland now anticipates that the company will post earnings of $2.78 per share for the year, up from their previous forecast of $2.69. The consensus estimate for Trisura Group's current full-year earnings is $3.13 per share. Raymond James also issued estimates for Trisura Group's FY2025 earnings at $3.18 EPS.

TSU has been the subject of several other research reports. Scotiabank lifted their price target on Trisura Group from C$62.00 to C$63.00 and gave the stock an "outperform" rating in a research note on Friday, August 2nd. TD Securities set a C$52.00 price objective on Trisura Group and gave the stock a "buy" rating in a report on Thursday, September 19th. Nine research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of C$57.44.

Trisura Group Price Performance

TSU stock traded down C$0.11 during mid-day trading on Monday, hitting C$40.99. 145,448 shares of the stock were exchanged, compared to its average volume of 74,294. The company has a debt-to-equity ratio of 15.83, a current ratio of 76.83 and a quick ratio of 0.22. The business has a fifty day moving average price of C$42.19 and a 200 day moving average price of C$42.31. Trisura Group has a 12 month low of C$30.82 and a 12 month high of C$46.75. The stock has a market capitalization of C$1.95 billion, a price-to-earnings ratio of 22.04 and a beta of 0.82.

Insider Activity at Trisura Group

In related news, Director David James Clare sold 2,907 shares of the business's stock in a transaction dated Friday, August 30th. The stock was sold at an average price of C$41.76, for a total transaction of C$121,396.32. In related news, Director David James Clare sold 2,907 shares of the business's stock in a transaction dated Friday, August 30th. The stock was sold at an average price of C$41.76, for a total transaction of C$121,396.32. Also, Director Michael Beasley sold 33,176 shares of the business's stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of C$39.95, for a total value of C$1,325,530.49. 1.09% of the stock is owned by company insiders.

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.