Triple Flag Precious Metals Corp. (NYSE:TFPM – Free Report) – Research analysts at Stifel Canada boosted their FY2026 earnings per share estimates for Triple Flag Precious Metals in a research report issued on Monday, October 20th. Stifel Canada analyst I. Rico now anticipates that the company will earn $1.08 per share for the year, up from their prior estimate of $0.81. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.71 per share. Stifel Canada also issued estimates for Triple Flag Precious Metals’ FY2027 earnings at $1.35 EPS.
TFPM has been the subject of several other research reports. Raymond James Financial reiterated an “outperform” rating on shares of Triple Flag Precious Metals in a research note on Friday, October 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of Triple Flag Precious Metals in a research note on Wednesday, October 8th. Bank of America increased their target price on shares of Triple Flag Precious Metals from $33.00 to $37.00 and gave the stock a “buy” rating in a research note on Thursday, October 16th. CIBC reissued an “outperform” rating on shares of Triple Flag Precious Metals in a report on Tuesday, July 15th. Finally, Zacks Research raised shares of Triple Flag Precious Metals from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 25th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Triple Flag Precious Metals currently has an average rating of “Moderate Buy” and a consensus target price of $27.25.
Triple Flag Precious Metals Price Performance
NYSE TFPM opened at $29.31 on Thursday. Triple Flag Precious Metals has a 1 year low of $14.51 and a 1 year high of $33.51. The company has a market capitalization of $6.05 billion, a PE ratio of 34.08, a P/E/G ratio of 0.94 and a beta of -0.18. The company has a fifty day moving average of $28.48 and a two-hundred day moving average of $24.71.
Triple Flag Precious Metals (NYSE:TFPM – Get Free Report) last issued its earnings results on Wednesday, August 6th. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.03. The firm had revenue of $94.09 million during the quarter, compared to the consensus estimate of $82.76 million. Triple Flag Precious Metals had a net margin of 53.11% and a return on equity of 8.81%.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. SVB Wealth LLC purchased a new position in Triple Flag Precious Metals in the first quarter valued at about $34,000. Employees Retirement System of Texas purchased a new position in Triple Flag Precious Metals in the second quarter valued at about $36,000. ORG Wealth Partners LLC purchased a new position in Triple Flag Precious Metals in the second quarter valued at about $97,000. Tower Research Capital LLC TRC increased its holdings in Triple Flag Precious Metals by 160.0% in the second 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 holdings in Triple Flag Precious Metals by 4,954.7% in the second 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 hedge funds and other institutional investors.
Triple Flag Precious Metals Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were issued a dividend of $0.0575 per share. This is an increase from Triple Flag Precious Metals’s previous quarterly dividend of $0.06. This represents a $0.23 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, September 2nd. Triple Flag Precious Metals’s dividend payout ratio is currently 26.74%.
About Triple Flag Precious Metals
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.
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