FY2027 Earnings Forecast for TFPM Issued By Scotiabank

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Analysts at Scotiabank increased their FY2027 EPS estimates for shares of Triple Flag Precious Metals in a research report issued on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings per share of $1.16 for the year, up from their previous forecast of $1.14. Scotiabank has a “Sector Perform” rating and a $39.00 price target on the stock. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $1.36 per share.

Triple Flag Precious Metals (NYSE:TFPM) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.02. The company had revenue of $147.00 million during the quarter, compared to analyst estimates of $147.00 million. Triple Flag Precious Metals had a net margin of 68.68% and a return on equity of 12.90%.

Several other analysts also recently weighed in on the stock. Canaccord Genuity Group raised shares of Triple Flag Precious Metals from a “hold” rating to a “buy” rating in a research note on Friday, June 12th. Bank of America dropped their price objective on Triple Flag Precious Metals from $39.00 to $37.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Wall Street Zen downgraded Triple Flag Precious Metals from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Triple Flag Precious Metals in a research report on Friday, June 12th. Finally, Jefferies Financial Group decreased their target price on Triple Flag Precious Metals from $43.00 to $40.00 and set a “buy” rating for the company in a research report on Monday, July 6th. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $38.67.

Triple Flag Precious Metals Price Performance

Shares of TFPM stock opened at $27.38 on Monday. The company has a market capitalization of $5.66 billion, a P/E ratio of 18.13, a P/E/G ratio of 2.55 and a beta of -0.19. The company’s 50-day simple moving average is $30.13 and its two-hundred day simple moving average is $33.68. Triple Flag Precious Metals has a one year low of $22.60 and a one year high of $41.70.

Institutional Trading of Triple Flag Precious Metals

Several hedge funds and other institutional investors have recently bought and sold shares of TFPM. Assenagon Asset Management S.A. purchased a new position in shares of Triple Flag Precious Metals in the 4th quarter valued at $7,816,000. JPMorgan Chase & Co. raised its position in shares of Triple Flag Precious Metals by 26.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 379,368 shares of the company’s stock worth $11,100,000 after acquiring an additional 79,655 shares in the last quarter. U S Global Investors Inc. lifted its stake in shares of Triple Flag Precious Metals by 30.7% during the 4th quarter. U S Global Investors Inc. now owns 279,270 shares of the company’s stock worth $9,277,000 after purchasing an additional 65,605 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Triple Flag Precious Metals by 82.2% during the 4th quarter. Vanguard Group Inc. now owns 1,691,194 shares of the company’s stock worth $56,198,000 after purchasing an additional 762,826 shares during the last quarter. Finally, Intact Investment Management Inc. boosted its position in Triple Flag Precious Metals by 107.7% during the fourth quarter. Intact Investment Management Inc. now owns 108,000 shares of the company’s stock valued at $3,589,000 after purchasing an additional 56,000 shares in the last quarter. Institutional investors own 82.91% of the company’s stock.

Triple Flag Precious Metals Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a $0.0575 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.23 dividend on an annualized basis and a yield of 0.8%. Triple Flag Precious Metals’s payout ratio is 15.23%.

Triple Flag Precious Metals Company Profile

Triple Flag Precious Metals Corp. is a Toronto-based precious metals streaming and royalty company traded on the New York Stock Exchange under the ticker TFPM. The company specializes in providing upfront financing to mining operators in exchange for the right to purchase a fixed percentage of future gold and silver production at discounted prices. By structuring these streaming and royalty agreements, Triple Flag Precious Metals aims to optimize its capital deployment and maintain a predictable cost profile while benefitting from upside in precious metal prices.

Since its formation in mid-2022, Triple Flag Precious Metals has established a diversified portfolio of streaming and royalty assets across a variety of jurisdictions.