Raymond James Analysts Cut Earnings Estimates for TFPM

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Equities research analysts at Raymond James cut their Q4 2024 earnings estimates for Triple Flag Precious Metals in a research report issued to clients and investors on Tuesday, December 17th. Raymond James analyst B. Macarthur now anticipates that the company will earn $0.14 per share for the quarter, down from their previous forecast of $0.15. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.56 per share. Raymond James also issued estimates for Triple Flag Precious Metals’ Q4 2025 earnings at $0.17 EPS.

Triple Flag Precious Metals (NYSE:TFPM) last issued its quarterly earnings results on Tuesday, November 5th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.01. The company had revenue of $73.67 million for the quarter. Triple Flag Precious Metals had a positive return on equity of 5.51% and a negative net margin of 22.15%. During the same quarter last year, the business posted $0.09 earnings per share.

Separately, Jefferies Financial Group lifted their price objective on shares of Triple Flag Precious Metals from $20.00 to $22.00 and gave the stock a “buy” rating in a research note on Friday, October 4th. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Triple Flag Precious Metals has a consensus rating of “Moderate Buy” and a consensus price target of $20.50.

Triple Flag Precious Metals Price Performance

NYSE:TFPM opened at $15.22 on Thursday. Triple Flag Precious Metals has a 52-week low of $11.75 and a 52-week high of $18.88. The company has a quick ratio of 3.05, a current ratio of 3.18 and a debt-to-equity ratio of 0.02. The firm has a market cap of $3.07 billion, a P/E ratio of -58.54, a PEG ratio of 0.86 and a beta of -0.18. The business’s 50-day moving average price is $16.81 and its 200 day moving average price is $16.20.

Triple Flag Precious Metals Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were given a $0.055 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.45%. Triple Flag Precious Metals’s dividend payout ratio (DPR) is -84.62%.

Institutional Trading of Triple Flag Precious Metals

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Tidal Investments LLC boosted its holdings in shares of Triple Flag Precious Metals by 1.8% in the third quarter. Tidal Investments LLC now owns 533,520 shares of the company’s stock worth $8,632,000 after buying an additional 9,184 shares during the period. Virtu Financial LLC lifted its position in shares of Triple Flag Precious Metals by 6.0% in the 3rd quarter. Virtu Financial LLC now owns 15,066 shares of the company’s stock valued at $244,000 after acquiring an additional 857 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Triple Flag Precious Metals by 148.3% in the 3rd quarter. Geode Capital Management LLC now owns 64,744 shares of the company’s stock valued at $1,235,000 after acquiring an additional 38,673 shares in the last quarter. Barclays PLC boosted its stake in Triple Flag Precious Metals by 21.5% in the 3rd quarter. Barclays PLC now owns 142,444 shares of the company’s stock worth $2,304,000 after purchasing an additional 25,220 shares during the period. Finally, Orion Portfolio Solutions LLC grew its position in Triple Flag Precious Metals by 103.4% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 46,902 shares of the company’s stock worth $759,000 after purchasing an additional 23,840 shares in the last quarter. Institutional investors and hedge funds own 82.91% of the company’s stock.

Triple Flag Precious Metals Company Profile

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.