Stifel Canada Has Bullish Forecast for TFPM FY2025 Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Equities research analysts at Stifel Canada upped their FY2025 earnings per share (EPS) estimates for Triple Flag Precious Metals in a note issued to investors on Monday, April 21st. Stifel Canada analyst I. Rico now anticipates that the company will post earnings per share of $0.81 for the year, up from their previous forecast of $0.67. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.71 per share. Stifel Canada also issued estimates for Triple Flag Precious Metals’ FY2026 earnings at $0.88 EPS and FY2027 earnings at $1.05 EPS.

Triple Flag Precious Metals (NYSE:TFPM) last announced its quarterly earnings data on Wednesday, February 19th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.02. Triple Flag Precious Metals had a negative net margin of 8.58% and a positive return on equity of 6.63%. The firm had revenue of $74.21 million for the quarter, compared to analyst estimates of $74.10 million.

Other research analysts also recently issued research reports about the stock. Jefferies Financial Group upped their price objective on shares of Triple Flag Precious Metals from $24.00 to $26.00 and gave the stock a “buy” rating in a report on Tuesday. Scotiabank reiterated a “sector perform” rating on shares of Triple Flag Precious Metals in a research note on Monday, April 14th. Finally, Raymond James reissued an “outperform” rating on shares of Triple Flag Precious Metals in a research note on Friday, April 4th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $22.00.

Triple Flag Precious Metals Stock Down 4.3 %

NYSE TFPM opened at $21.12 on Wednesday. Triple Flag Precious Metals has a 52 week low of $13.94 and a 52 week high of $22.96. The business has a 50 day moving average price of $18.97 and a 200-day moving average price of $17.26. The company has a market cap of $4.24 billion, a price-to-earnings ratio of -192.00, a P/E/G ratio of 0.78 and a beta of -0.25.

Institutional Trading of Triple Flag Precious Metals

Several hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC lifted its holdings in shares of Triple Flag Precious Metals by 148.3% in the third quarter. Geode Capital Management LLC now owns 64,744 shares of the company’s stock worth $1,235,000 after buying an additional 38,673 shares in the last quarter. Perfromance Wealth Partners LLC increased its holdings in shares of Triple Flag Precious Metals by 69.6% in the 4th quarter. Perfromance Wealth Partners LLC now owns 68,304 shares of the company’s stock worth $1,027,000 after buying an additional 28,026 shares during the last quarter. Barclays PLC grew its position in Triple Flag Precious Metals by 21.5% in the third quarter. Barclays PLC now owns 142,444 shares of the company’s stock worth $2,304,000 after acquiring an additional 25,220 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Triple Flag Precious Metals by 24.9% during the third quarter. JPMorgan Chase & Co. now owns 69,094 shares of the company’s stock worth $1,118,000 after purchasing an additional 13,790 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Triple Flag Precious Metals during the 4th quarter valued at about $15,696,000. 82.91% of the stock is currently owned by institutional investors.

Triple Flag Precious Metals Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, March 3rd were given a $0.055 dividend. This represents a $0.22 annualized dividend and a yield of 1.04%. The ex-dividend date was Monday, March 3rd. Triple Flag Precious Metals’s dividend payout ratio is -200.00%.

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.