Scotiabank Has Positive Outlook for TFPM FY2026 Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Stock analysts at Scotiabank boosted their FY2026 earnings estimates for Triple Flag Precious Metals in a research report issued on Thursday, March 5th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings of $1.25 per share for the year, up from their prior forecast of $1.15. Scotiabank has a “Sector Perform” rating and a $43.00 price objective on the stock. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.71 per share.

Triple Flag Precious Metals (NYSE:TFPM) last issued its earnings results on Wednesday, February 18th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.01. Triple Flag Precious Metals had a net margin of 61.74% and a return on equity of 10.82%. The company had revenue of $118.92 million for the quarter, compared to analysts’ expectations of $114.92 million.

TFPM has been the topic of several other research reports. Zacks Research upgraded shares of Triple Flag Precious Metals from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of Triple Flag Precious Metals in a research report on Wednesday, January 21st. BMO Capital Markets reissued a “market perform” rating on shares of Triple Flag Precious Metals in a report on Thursday, January 15th. Wall Street Zen upgraded Triple Flag Precious Metals from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Triple Flag Precious Metals in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $32.25.

Triple Flag Precious Metals Stock Performance

NYSE TFPM opened at $38.88 on Friday. Triple Flag Precious Metals has a one year low of $17.26 and a one year high of $41.70. The company has a 50-day simple moving average of $36.56 and a 200-day simple moving average of $32.33. The firm has a market capitalization of $8.03 billion, a PE ratio of 32.95, a price-to-earnings-growth ratio of 1.97 and a beta of -0.28.

Triple Flag Precious Metals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be paid a $0.0575 dividend. The ex-dividend date is Monday, March 2nd. This represents a $0.23 annualized dividend and a dividend yield of 0.6%. Triple Flag Precious Metals’s dividend payout ratio (DPR) is presently 19.49%.

Hedge Funds Weigh In On Triple Flag Precious Metals

Several hedge funds and other institutional investors have recently made changes to their positions in TFPM. Caitong International Asset Management Co. Ltd bought a new position in Triple Flag Precious Metals in the 4th quarter worth approximately $208,000. Virtu Financial LLC acquired a new position in Triple Flag Precious Metals during the 4th quarter worth $707,000. Caitlin John LLC grew its stake in shares of Triple Flag Precious Metals by 11.2% in the fourth quarter. Caitlin John LLC now owns 3,730 shares of the company’s stock worth $124,000 after purchasing an additional 375 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of Triple Flag Precious Metals by 4,948.8% during the fourth quarter. NewEdge Advisors LLC now owns 6,311 shares of the company’s stock valued at $210,000 after purchasing an additional 6,186 shares during the period. Finally, Oxford Asset Management LLP increased its holdings in shares of Triple Flag Precious Metals by 25.1% during the fourth quarter. Oxford Asset Management LLP now owns 24,438 shares of the company’s stock valued at $812,000 after purchasing an additional 4,904 shares during the period. 82.91% of the stock is currently owned by institutional investors and hedge funds.

Triple Flag Precious Metals Company Profile

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.