Raymond James Issues Pessimistic Estimate for TFPM Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Investment analysts at Raymond James decreased their FY2025 earnings per share estimates for Triple Flag Precious Metals in a report issued on Tuesday, December 17th. Raymond James analyst B. Macarthur now forecasts that the company will earn $0.66 per share for the year, down from their previous estimate of $0.68. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.56 per share.

Separately, Jefferies Financial Group lifted their price target on shares of Triple Flag Precious Metals from $20.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, October 4th. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $20.50.

Triple Flag Precious Metals Stock Performance

NYSE:TFPM opened at $15.22 on Friday. The stock has a market cap of $3.07 billion, a P/E ratio of -58.54, a price-to-earnings-growth ratio of 0.86 and a beta of -0.18. The stock’s 50-day moving average is $16.81 and its 200-day moving average is $16.20. The company has a current ratio of 3.18, a quick ratio of 3.05 and a debt-to-equity ratio of 0.02. Triple Flag Precious Metals has a 1-year low of $11.75 and a 1-year high of $18.88.

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

Triple Flag Precious Metals Dividend Announcement

The firm 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. This represents a $0.22 annualized dividend and a yield of 1.45%. The ex-dividend date was Friday, November 29th. Triple Flag Precious Metals’s dividend payout ratio is presently -84.62%.

Institutional Trading of Triple Flag Precious Metals

A number of hedge funds have recently added to or reduced their stakes in the business. Point72 Asset Management L.P. acquired a new stake in Triple Flag Precious Metals during the 3rd quarter valued at approximately $111,000. Versor Investments LP acquired a new stake in shares of Triple Flag Precious Metals during the 2nd quarter valued at about $160,000. 1832 Asset Management L.P. purchased a new position in Triple Flag Precious Metals during the second quarter worth approximately $165,000. CIBC Asset Management Inc acquired a new position in Triple Flag Precious Metals during the second quarter worth $179,000. Finally, XTX Topco Ltd acquired a new stake in Triple Flag Precious Metals in the 3rd quarter worth about $220,000. 82.91% of the stock is owned by hedge funds and other 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.