Scotiabank Has Pessimistic Outlook of TFPM FY2026 Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPMFree Report) – Equities research analysts at Scotiabank decreased their FY2026 EPS estimates for Triple Flag Precious Metals in a research note issued on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now anticipates that the company will earn $0.69 per share for the year, down from their prior forecast of $0.75. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.71 per share.

Triple Flag Precious Metals Stock Up 0.8 %

Shares of TFPM stock opened at $19.45 on Monday. The stock has a market capitalization of $3.91 billion, a PE ratio of -176.82, a P/E/G ratio of 0.78 and a beta of -0.08. The firm has a 50 day moving average of $17.14 and a two-hundred day moving average of $16.68. Triple Flag Precious Metals has a 52 week low of $13.79 and a 52 week high of $19.83.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in TFPM. FMR LLC lifted its stake in Triple Flag Precious Metals by 8.9% during the third quarter. FMR LLC now owns 4,061,121 shares of the company’s stock worth $65,761,000 after purchasing an additional 333,574 shares during the last quarter. Tidal Investments LLC boosted its holdings in shares of Triple Flag Precious Metals by 221.9% in the fourth quarter. Tidal Investments LLC now owns 1,717,347 shares of the company’s stock valued at $25,829,000 after acquiring an additional 1,183,827 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in Triple Flag Precious Metals by 18.0% during the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,595,829 shares of the company’s stock worth $25,838,000 after purchasing an additional 242,906 shares during the period. Norges Bank acquired a new position in Triple Flag Precious Metals during the fourth quarter worth $15,696,000. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Triple Flag Precious Metals by 377.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 908,888 shares of the company’s stock worth $13,652,000 after purchasing an additional 718,408 shares during the period. Institutional investors and hedge funds own 82.91% of the company’s stock.

Triple Flag Precious Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, March 3rd were paid a $0.055 dividend. This represents a $0.22 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend was Monday, March 3rd. Triple Flag Precious Metals’s payout ratio is presently -200.00%.

Triple Flag Precious Metals Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Triple Flag Precious Metals (NYSE:TFPM)

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.