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Q3 Earnings Estimate for Trisura Group Issued By Desjardins

Trisura Group logo with Financial Services background

Trisura Group Ltd. (TSE:TSU - Free Report) - Research analysts at Desjardins reduced their Q3 2024 earnings per share (EPS) estimates for shares of Trisura Group in a report released on Tuesday, October 22nd. Desjardins analyst D. Young now expects that the company will post earnings of $0.64 per share for the quarter, down from their previous estimate of $0.73. The consensus estimate for Trisura Group's current full-year earnings is $3.13 per share.

Trisura Group (TSE:TSU - Get Free Report) last announced its quarterly earnings results on Thursday, August 1st. The company reported C$0.65 EPS for the quarter, missing the consensus estimate of C$0.66 by C($0.01). The firm had revenue of C$772.20 million for the quarter. Trisura Group had a return on equity of 14.65% and a net margin of 2.92%.

TSU has been the topic of several other research reports. Scotiabank boosted 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 target on Trisura Group and gave the stock a "buy" rating in a research note on Thursday, September 19th. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of C$57.44.

View Our Latest Report on Trisura Group

Trisura Group Price Performance

Shares of TSE:TSU traded down C$0.09 during trading on Friday, hitting C$42.02. 39,946 shares of the stock were exchanged, compared to its average volume of 73,390. The company has a fifty day moving average price of C$42.12 and a two-hundred day moving average price of C$42.26. The company has a market cap of C$2.00 billion, a PE ratio of 22.64 and a beta of 0.82. The company has a current ratio of 76.83, a quick ratio of 0.22 and a debt-to-equity ratio of 15.83. Trisura Group has a 12-month low of C$29.39 and a 12-month high of C$46.75.

Insider Activity at Trisura Group

In other Trisura Group news, Director Michael Beasley sold 33,176 shares of the stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of C$39.95, for a total transaction of C$1,325,530.49. In other news, Director David James Clare sold 2,907 shares of the company's stock in a transaction on 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 company's stock in a transaction on Wednesday, September 4th. The stock was 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 corporate insiders.

Trisura Group Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Trisura Group (TSE:TSU)

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