Scotiabank Has Bullish Outlook for TFPM FY2026 Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Scotiabank raised their FY2026 earnings per share estimates for Triple Flag Precious Metals in a note issued to investors on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings per share of $1.25 for the year, up from their prior estimate of $1.24. 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 $1.36 per share.

Several other analysts also recently weighed in on TFPM. BMO Capital Markets reiterated a “market perform” rating on shares of Triple Flag Precious Metals in a research report on Friday, June 12th. Zacks Research downgraded shares of Triple Flag Precious Metals from a “hold” rating to a “strong sell” rating in a research note on Friday, July 10th. Weiss Ratings lowered shares of Triple Flag Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 12th. Wall Street Zen cut shares of Triple Flag Precious Metals from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Finally, Bank of America decreased their price objective on shares of Triple Flag Precious Metals from $39.00 to $37.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Six investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Triple Flag Precious Metals currently has a consensus rating of “Moderate Buy” and an average price target of $38.67.

Triple Flag Precious Metals Price Performance

TFPM opened at $27.38 on Friday. The stock’s 50 day simple moving average is $30.13 and its 200 day simple moving average is $33.67. Triple Flag Precious Metals has a 1 year low of $22.60 and a 1 year high of $41.70. The firm has a market cap of $5.66 billion, a price-to-earnings ratio of 18.13, a PEG ratio of 2.53 and a beta of -0.19.

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

Hedge Funds Weigh In On Triple Flag Precious Metals

Hedge funds and other institutional investors have recently made changes to their positions in the business. Banque Cantonale Vaudoise purchased a new stake in Triple Flag Precious Metals in the first quarter worth $33,000. Quarry LP purchased a new position in Triple Flag Precious Metals during the 3rd quarter valued at $33,000. Aventura Private Wealth LLC bought a new position in Triple Flag Precious Metals in the 4th quarter worth $38,000. EverSource Wealth Advisors LLC raised its holdings 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 in the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in shares of 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 period. Institutional investors own 82.91% of the company’s stock.

Triple Flag Precious Metals Dividend Announcement

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

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.