Trisura Group (TSU) Scheduled to Post Quarterly Earnings on Thursday

Trisura Group (TSE:TSU) is set to post its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect Trisura Group to post earnings of C$0.68 per share for the quarter.

Trisura Group (TSE:TSU) last issued its quarterly earnings results on Thursday, February 8th. The company reported C$0.54 EPS for the quarter, beating analysts’ consensus estimates of C$0.49 by C$0.05. The company had revenue of C$754.95 million for the quarter. Trisura Group had a return on equity of 12.03% and a net margin of 2.36%.

Trisura Group Price Performance

Shares of TSU opened at C$42.05 on Wednesday. The stock’s fifty day moving average is C$42.43 and its 200-day moving average is C$37.02. Trisura Group has a one year low of C$29.05 and a one year high of C$44.83. The firm has a market capitalization of C$1.99 billion, a price-to-earnings ratio of 280.33 and a beta of 0.82. The company has a debt-to-equity ratio of 13.67, a quick ratio of 0.22 and a current ratio of 2.46.

Insider Activity

In other news, Director Chris Yoshio Sekine sold 55,518 shares of the firm’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$43.23, for a total value of C$2,399,837.72. In other news, Director Chris Yoshio Sekine sold 55,518 shares of the firm’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$43.23, for a total value of C$2,399,837.72. Also, Director Michael Beasley sold 38,822 shares of the stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of C$43.28, for a total transaction of C$1,680,022.05. In the last quarter, insiders have sold 94,825 shares of company stock valued at $4,100,283. 1.62% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Raymond James increased their price target on Trisura Group from C$54.00 to C$64.00 and gave the company an “outperform” rating in a research report on Monday, February 12th. National Bankshares increased their price target on Trisura Group from C$64.00 to C$65.00 and gave the company an “outperform” rating in a report on Monday, February 12th. CIBC upped their price objective on shares of Trisura Group from C$50.00 to C$55.00 and gave the stock an “outperform” rating in a report on Monday, February 12th. BMO Capital Markets upped their target price on shares of Trisura Group from C$49.00 to C$52.00 and gave the company an “outperform” rating in a research note on Monday, February 12th. Finally, Scotiabank upped their target price on shares of Trisura Group from C$56.00 to C$59.00 in a research note on Friday, April 26th. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$56.00.

About Trisura Group

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.