Triple Flag Precious Metals Corp. (NYSE:TFPM – Free Report) – Analysts at National Bank Financial increased their FY2025 earnings per share (EPS) estimates for shares of Triple Flag Precious Metals in a research note issued to investors on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now expects that the company will earn $0.87 per share for the year, up from their previous forecast of $0.83. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.71 per share. National Bank Financial also issued estimates for Triple Flag Precious Metals’ FY2026 earnings at $0.92 EPS.
Triple Flag Precious Metals (NYSE:TFPM – Get Free Report) last issued its earnings results on Wednesday, August 6th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.03. Triple Flag Precious Metals had a net margin of 53.11% and a return on equity of 8.81%. The firm had revenue of $94.09 million during the quarter, compared to analyst estimates of $82.76 million.
Check Out Our Latest Analysis on Triple Flag Precious Metals
Triple Flag Precious Metals Trading Up 2.1%
Shares of Triple Flag Precious Metals stock opened at $28.57 on Friday. The firm has a market cap of $5.90 billion, a PE ratio of 33.22, a PEG ratio of 1.20 and a beta of -0.19. Triple Flag Precious Metals has a 12 month low of $14.51 and a 12 month high of $29.30. The stock has a 50 day moving average of $26.33 and a 200 day moving average of $23.31.
Hedge Funds Weigh In On Triple Flag Precious Metals
A number of large investors have recently made changes to their positions in the business. SVB Wealth LLC acquired a new position in shares of Triple Flag Precious Metals during the first quarter worth $34,000. Employees Retirement System of Texas acquired a new position in Triple Flag Precious Metals during the 2nd quarter valued at about $36,000. ORG Wealth Partners LLC acquired a new position in Triple Flag Precious Metals during the 2nd quarter valued at about $97,000. Tower Research Capital LLC TRC increased its position in Triple Flag Precious Metals by 160.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,015 shares of the company’s stock valued at $119,000 after buying an additional 3,086 shares in the last quarter. Finally, Osaic Holdings Inc. increased its position in Triple Flag Precious Metals by 4,954.7% during the 2nd quarter. Osaic Holdings Inc. now owns 5,914 shares of the company’s stock valued at $140,000 after buying an additional 5,797 shares in the last quarter. 82.91% of the stock is owned by institutional investors and hedge funds.
Triple Flag Precious Metals Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were issued a $0.0575 dividend. This is a boost from Triple Flag Precious Metals’s previous quarterly dividend of $0.06. This represents a $0.23 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Tuesday, September 2nd. Triple Flag Precious Metals’s dividend payout ratio is presently 26.74%.
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.
Featured Stories
- Five stocks we like better than Triple Flag Precious Metals
- What is the Australian Securities Exchange (ASX)
- Pfizer is Locking in New Growth Through a New Acquisition
- What Are Dividend Contenders? Investing in Dividend Contenders
- Copper Giant Freeport Slumps but Analysts See 33% Upside
- ETF Screener: Uses and Step-by-Step Guide
- The BYD Opportunity: Tesla-Like Growth at a Fraction of the Price
Receive News & Ratings for Triple Flag Precious Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Triple Flag Precious Metals and related companies with MarketBeat.com's FREE daily email newsletter.