Triumph Financial (TFIN) to Release Earnings on Wednesday

Triumph Financial (NASDAQ:TFIN) is scheduled to release its earnings data after the market closes on Wednesday, October 16th. Analysts expect Triumph Financial to post earnings of $0.17 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Triumph Financial (NASDAQ:TFIN) last released its quarterly earnings data on Wednesday, July 17th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.13). Triumph Financial had a net margin of 6.05% and a return on equity of 3.57%. The company had revenue of $124.18 million during the quarter, compared to analysts’ expectations of $103.43 million. During the same period last year, the business earned $0.29 earnings per share. On average, analysts expect Triumph Financial to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Triumph Financial Price Performance

TFIN stock opened at $79.07 on Monday. The firm has a market cap of $1.85 billion, a P/E ratio of 71.88 and a beta of 1.20. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.99 and a current ratio of 0.99. Triumph Financial has a 1 year low of $56.91 and a 1 year high of $95.46. The stock has a 50-day simple moving average of $80.61 and a 200-day simple moving average of $78.84.

Insider Buying and Selling

In other Triumph Financial news, COO Edward Joseph Schreyer sold 6,128 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $81.41, for a total transaction of $498,880.48. Following the sale, the chief operating officer now owns 39,698 shares in the company, valued at $3,231,814.18. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 6.15% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on TFIN shares. Keefe, Bruyette & Woods cut shares of Triumph Financial from a “market perform” rating to an “underperform” rating and reduced their target price for the stock from $75.00 to $70.00 in a research report on Friday, July 19th. B. Riley reiterated a “neutral” rating and issued a $65.00 price objective on shares of Triumph Financial in a report on Wednesday, October 2nd. Piper Sandler raised their target price on Triumph Financial from $60.00 to $65.00 and gave the company an “underweight” rating in a research note on Friday, July 19th. DA Davidson boosted their price target on Triumph Financial from $68.00 to $74.00 and gave the stock a “neutral” rating in a research note on Friday, July 19th. Finally, Stephens restated an “equal weight” rating and set a $74.00 price objective on shares of Triumph Financial in a research note on Thursday, July 18th. Two analysts have rated the stock with a sell rating and three have given a hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $69.60.

Triumph Financial Company Profile

Triumph Financial, Inc, a financial holding company, provides various payments, factoring, and banking services in the United States. It operates through Banking, Factoring, and Payments segments. The company offers deposit products, including checking, savings, money market and certificates of deposit; and loan products, such as commercial real estate, land, commercial construction and land development, residential real estate, commercial agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans.