Scotiabank Has Bullish Forecast for TFPM FY2027 Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPMFree Report) – Research analysts at Scotiabank boosted their FY2027 EPS estimates for Triple Flag Precious Metals in a research note issued to investors on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now expects that the company will post earnings of $1.16 per share for the year, up from their prior estimate of $1.14. Scotiabank currently has a “Sector Perform” rating and a $39.00 target price on the stock. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $1.43 per share.

Triple Flag Precious Metals (NYSE:TFPMGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.02. Triple Flag Precious Metals had a net margin of 68.68% and a return on equity of 12.90%. The business had revenue of $147.00 million during the quarter, compared to the consensus estimate of $147.00 million.

A number of other equities research analysts have also recently issued reports on TFPM. Canaccord Genuity Group upgraded shares of Triple Flag Precious Metals from a “hold” rating to a “buy” rating in a report on Friday, June 12th. Bank of America cut their price objective on Triple Flag Precious Metals from $39.00 to $37.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Wall Street Zen downgraded Triple Flag Precious Metals from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Triple Flag Precious Metals in a report on Friday, June 12th. Finally, Weiss Ratings lowered Triple Flag Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 12th. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $38.67.

Check Out Our Latest Stock Analysis on TFPM

Triple Flag Precious Metals Price Performance

Shares of TFPM opened at $28.50 on Monday. The company has a market capitalization of $5.89 billion, a PE ratio of 18.87, a price-to-earnings-growth ratio of 2.42 and a beta of -0.19. Triple Flag Precious Metals has a one year low of $22.60 and a one year high of $41.70. The company’s fifty day moving average price is $29.83 and its 200 day moving average price is $33.60.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Banque Cantonale Vaudoise bought a new position in Triple Flag Precious Metals in the 1st quarter valued at $33,000. Quarry LP acquired a new stake in shares of Triple Flag Precious Metals in the third quarter valued at approximately $33,000. Aventura Private Wealth LLC acquired a new stake in shares of Triple Flag Precious Metals in the fourth quarter valued at approximately $38,000. EverSource Wealth Advisors LLC raised its position in Triple Flag Precious Metals by 120.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,217 shares of the company’s stock worth $40,000 after purchasing an additional 664 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its position in Triple Flag Precious Metals by 160.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,015 shares of the company’s stock worth $119,000 after purchasing an additional 3,086 shares during the last quarter. Institutional investors own 82.91% of the company’s stock.

Triple Flag Precious Metals Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a dividend of $0.0575 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.23 dividend on an annualized basis and a dividend yield of 0.8%. Triple Flag Precious Metals’s dividend payout ratio (DPR) is presently 15.23%.

Triple Flag Precious Metals Company Profile

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Triple Flag Precious Metals Corp. is a Toronto-based precious metals streaming and royalty company traded on the New York Stock Exchange under the ticker TFPM. The company specializes in providing upfront financing to mining operators in exchange for the right to purchase a fixed percentage of future gold and silver production at discounted prices. By structuring these streaming and royalty agreements, Triple Flag Precious Metals aims to optimize its capital deployment and maintain a predictable cost profile while benefitting from upside in precious metal prices.

Since its formation in mid-2022, Triple Flag Precious Metals has established a diversified portfolio of streaming and royalty assets across a variety of jurisdictions.

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Earnings History and Estimates for Triple Flag Precious Metals (NYSE:TFPM)

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