Brokers Set Expectations for Titan Machinery Q3 Earnings

Titan Machinery Inc. (NASDAQ:TITNFree Report) – Equities researchers at Northland Capmk issued their Q3 2026 earnings per share (EPS) estimates for shares of Titan Machinery in a report released on Friday, May 23rd. Northland Capmk analyst E. Jackson anticipates that the company will post earnings of ($0.26) per share for the quarter. Northland Capmk currently has a “Strong-Buy” rating on the stock. Northland Capmk also issued estimates for Titan Machinery’s FY2030 earnings at $0.22 EPS.

Titan Machinery (NASDAQ:TITNGet Free Report) last issued its quarterly earnings data on Thursday, May 22nd. The company reported ($0.58) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.79) by $0.21. Titan Machinery had a return on equity of 5.91% and a net margin of 1.10%. The firm had revenue of $594.34 million during the quarter, compared to the consensus estimate of $445.76 million.

TITN has been the subject of a number of other research reports. Robert W. Baird lowered their price objective on Titan Machinery from $25.00 to $24.00 and set an “outperform” rating for the company in a research report on Friday, March 21st. Northland Securities raised Titan Machinery from a “market perform” rating to an “outperform” rating and set a $25.00 price objective for the company in a research report on Friday, April 11th. Baird R W raised Titan Machinery from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 27th. B. Riley started coverage on Titan Machinery in a research report on Thursday, March 27th. They issued a “neutral” rating and a $19.00 price objective for the company. Finally, Lake Street Capital lifted their price objective on Titan Machinery from $15.00 to $18.00 and gave the company a “hold” rating in a research report on Friday. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $20.40.

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Titan Machinery Trading Down 1.1%

Shares of TITN opened at $19.91 on Monday. The stock has a fifty day moving average of $17.44 and a two-hundred day moving average of $16.27. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.15 and a current ratio of 1.32. The company has a market capitalization of $459.64 million, a PE ratio of 14.86 and a beta of 1.35. Titan Machinery has a fifty-two week low of $12.30 and a fifty-two week high of $23.41.

Insider Activity at Titan Machinery

In other news, Chairman David Joseph Meyer bought 22,524 shares of Titan Machinery stock in a transaction that occurred on Friday, March 21st. The shares were purchased at an average price of $16.83 per share, for a total transaction of $379,078.92. Following the completion of the acquisition, the chairman now owns 135,388 shares of the company’s stock, valued at $2,278,580.04. The trade was a 19.96% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders have bought 26,182 shares of company stock worth $439,661. 10.28% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. lifted its stake in shares of Titan Machinery by 91.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 8,611 shares of the company’s stock worth $122,000 after purchasing an additional 4,103 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Titan Machinery by 2.1% during the fourth quarter. JPMorgan Chase & Co. now owns 176,652 shares of the company’s stock worth $2,496,000 after purchasing an additional 3,626 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of Titan Machinery by 5.1% during the fourth quarter. Empowered Funds LLC now owns 20,000 shares of the company’s stock worth $283,000 after purchasing an additional 962 shares in the last quarter. US Bancorp DE lifted its stake in shares of Titan Machinery by 23.8% during the fourth quarter. US Bancorp DE now owns 3,861 shares of the company’s stock worth $55,000 after purchasing an additional 741 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Titan Machinery by 8.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,655 shares of the company’s stock worth $208,000 after purchasing an additional 1,197 shares in the last quarter. Institutional investors and hedge funds own 78.38% of the company’s stock.

Titan Machinery Company Profile

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Titan Machinery Inc owns and operates a network of full service agricultural and construction equipment stores in the United States, Europe, and Australia. It operates through four segments: Agriculture, Construction, Europe, and Australia. The company sells new and used equipment, including agricultural and construction equipment manufactured under the CNH Industrial family of brands, as well as equipment from various other manufacturers.

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Earnings History and Estimates for Titan Machinery (NASDAQ:TITN)

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