Scotiabank Has Bearish Outlook for TFPM FY2026 Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Analysts at Scotiabank dropped their FY2026 earnings per share estimates for shares of Triple Flag Precious Metals in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now expects that the company will post earnings per share of $0.69 for the year, down from their prior forecast of $0.75. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.71 per share.

Triple Flag Precious Metals Stock Up 1.0 %

TFPM stock opened at $19.32 on Monday. The company has a market cap of $3.88 billion, a price-to-earnings ratio of -175.60, a PEG ratio of 0.78 and a beta of -0.08. Triple Flag Precious Metals has a 12-month low of $13.63 and a 12-month high of $19.50. The company has a 50 day moving average of $17.06 and a two-hundred day moving average of $16.65.

Triple Flag Precious Metals (NYSE:TFPM) last announced its quarterly earnings data on Wednesday, February 19th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.02. The firm had revenue of $74.21 million during the quarter, compared to the consensus estimate of $74.10 million. Triple Flag Precious Metals had a positive return on equity of 6.63% and a negative net margin of 8.58%.

Triple Flag Precious Metals Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, March 3rd were given a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a yield of 1.14%. The ex-dividend date of this dividend was Monday, March 3rd. Triple Flag Precious Metals’s payout ratio is -200.00%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC lifted its position in shares of Triple Flag Precious Metals by 175.6% during the 4th quarter. Farther Finance Advisors LLC now owns 1,896 shares of the company’s stock worth $29,000 after purchasing an additional 1,208 shares during the last quarter. Northwest & Ethical Investments L.P. acquired a new stake in Triple Flag Precious Metals during the fourth quarter worth $45,000. Point72 Asset Management L.P. bought a new stake in Triple Flag Precious Metals in the 3rd quarter valued at $111,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Triple Flag Precious Metals during the 4th quarter worth about $134,000. Finally, Drive Wealth Management LLC acquired a new stake in shares of Triple Flag Precious Metals during the 4th quarter valued at about $175,000. 82.91% of the stock is owned by institutional investors.

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.