Q3 Earnings Forecast for Trisura Group Issued By Desjardins

Trisura Group Ltd. (TSE:TSU) – Analysts at Desjardins reduced their Q3 2024 EPS estimates for shares of Trisura Group in a research note issued to investors on Tuesday, October 22nd. Desjardins analyst D. Young now anticipates that the company will earn $0.64 per share for the quarter, down from their prior forecast of $0.73. The consensus estimate for Trisura Group’s current full-year earnings is $3.13 per share.

Trisura Group (TSE:TSU) last issued its quarterly earnings data on Thursday, August 1st. The company reported C$0.65 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.66 by C($0.01). Trisura Group had a net margin of 2.92% and a return on equity of 14.65%. The business had revenue of C$772.20 million for the quarter.

Several other equities analysts have also recently commented on TSU. TD Securities set a C$52.00 price target on shares of Trisura Group and gave the stock a “buy” rating in a research report on Thursday, September 19th. Scotiabank increased their target price on Trisura Group from C$62.00 to C$63.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. Nine research analysts have rated the stock with a buy rating, According to MarketBeat, Trisura Group currently has an average rating of “Buy” and a consensus target price of C$57.44.

Trisura Group Trading Down 0.2 %

TSU opened at C$42.02 on Friday. Trisura Group has a 12-month low of C$29.39 and a 12-month high of C$46.75. The company has a debt-to-equity ratio of 15.83, a current ratio of 76.83 and a quick ratio of 0.22. The stock has a market capitalization of C$2.00 billion, a PE ratio of 22.59 and a beta of 0.82. The firm’s fifty day moving average price is C$42.12 and its 200 day moving average price is C$42.27.

Insider Buying and Selling

In other news, Director Michael Beasley sold 33,176 shares of the business’s stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of C$39.95, for a total transaction of C$1,325,530.49. In other news, Director Michael Beasley sold 33,176 shares of the business’s stock in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of C$39.95, for a total transaction of C$1,325,530.49. Also, Director David James Clare sold 2,907 shares of the firm’s stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of C$41.76, for a total value of C$121,396.32. 1.09% of the stock is owned by company insiders.

Trisura Group Company Profile

Trisura Group Ltd., a specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada, the United States, and internationally. The company operates through Trisura Canada and Trisura the United States segments. It also offers risk solutions, fronting, and insurance products, as well as provides business underwriting services.