What is Scotiabank’s Estimate for TFPM FY2027 Earnings?

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Stock analysts at Scotiabank dropped their FY2027 earnings per share (EPS) estimates for Triple Flag Precious Metals in a research report issued to clients and investors on Monday, November 2nd. Scotiabank analyst T. Jakusconek now forecasts that the company will earn $1.07 per share for the year, down from their prior forecast of $1.16. Scotiabank currently has a “Sector Perform” rating and a $39.00 price target on the stock. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $1.33 per share.

Triple Flag Precious Metals (NYSE:TFPM) last announced its quarterly earnings results on Tuesday, November 3rd. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.03. The company had revenue of $106.70 million during the quarter, compared to analyst estimates of $106.70 million. Triple Flag Precious Metals had a return on equity of 14.01% and a net margin of 82.56%.

A number of other equities research analysts have also weighed in on TFPM. Wall Street Zen lowered shares of Triple Flag Precious Metals from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Zacks Research raised shares of Triple Flag Precious Metals from a “strong sell” rating to a “hold” rating in a research note on Monday, August 10th. Royal Bank Of Canada increased their price target on shares of Triple Flag Precious Metals from $40.00 to $41.00 and gave the stock a “sector perform” rating in a research note on Wednesday, September 16th. Weiss Ratings upgraded shares of Triple Flag Precious Metals from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, October 14th. Finally, Bank of America cut their price objective on 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. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $39.25.

Triple Flag Precious Metals Trading Up 6.7%

Shares of Triple Flag Precious Metals stock opened at $30.14 on Thursday. The company’s fifty day simple moving average is $31.53 and its two-hundred day simple moving average is $32.70. The company has a market cap of $6.20 billion, a P/E ratio of 15.07, a PEG ratio of 3.01 and a beta of -0.09. Triple Flag Precious Metals has a 12-month low of $26.61 and a 12-month high of $41.70.

Hedge Funds Weigh In On Triple Flag Precious Metals

Several institutional investors and hedge funds have recently added to or reduced their stakes in TFPM. Integrated Wealth Concepts LLC bought a new stake in shares of Triple Flag Precious Metals during the 2nd quarter valued at $44,000. Fiduciary Financial Advisors purchased a new stake in shares of Triple Flag Precious Metals in the 2nd quarter worth about $47,000. EverSource Wealth Advisors LLC increased its stake in shares of Triple Flag Precious Metals by 60.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,947 shares of the company’s stock worth $68,000 after acquiring an additional 730 shares in the last quarter. Evelyn Partners Asset Management Ltd increased its stake in shares of Triple Flag Precious Metals by 33.3% in the 1st quarter. Evelyn Partners Asset Management Ltd now owns 4,000 shares of the company’s stock worth $139,000 after acquiring an additional 1,000 shares in the last quarter. Finally, SG Americas Securities LLC bought a new position in shares of Triple Flag Precious Metals in the 1st quarter worth about $184,000. Hedge funds and other institutional investors own 82.91% of the company’s stock.

Triple Flag Precious Metals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be issued a $0.06 dividend. The ex-dividend date is Monday, November 30th. This represents a $0.24 dividend on an annualized basis and a yield of 0.8%. Triple Flag Precious Metals’s dividend payout ratio is 12.06%.

More Triple Flag Precious Metals News

Here are the key news stories impacting Triple Flag Precious Metals this week:

• Positive Sentiment: Q3 EPS was $0.26, above the $0.23 consensus estimate, while revenue of $106.7 million matched expectations. Operating cash flow per share rose 15% year over year to $0.45, supporting the company’s report of strong quarterly performance. Triple Flag Q3 results
• Positive Sentiment: The board declared a quarterly dividend of US$0.06 per share, payable December 15 to shareholders of record November 30. The payment maintains a regular shareholder return; the annualized dividend is US$0.24. Dividend announcement

About Triple Flag Precious Metals

Triple Flag Precious Metals Corp. is a precious metals streaming and royalty company headquartered in Toronto, Canada. The company provides upfront financing to mining companies in exchange for the right to purchase a portion of future production, typically at predetermined prices. Its agreements are primarily focused on gold and silver, along with other precious metals and related by-products.

Triple Flag does not generally operate mines directly. Instead, it builds a diversified portfolio of streams and royalties linked to producing, developing and exploration-stage assets.