What is Scotiabank’s Forecast for TFPM FY2027 Earnings?

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Stock analysts at Scotiabank dropped their FY2027 earnings per share (EPS) estimates for Triple Flag Precious Metals in a note issued to investors on Thursday, May 14th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings of $1.27 per share for the year, down from their prior forecast of $1.28. Scotiabank has a “Sector Perform” rating and a $43.00 price target on the stock. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $1.40 per share.

Other research analysts have also recently issued reports about the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Triple Flag Precious Metals in a research note on Monday, April 20th. Wall Street Zen raised Triple Flag Precious Metals from a “hold” rating to a “buy” rating in a report on Sunday, April 26th. Zacks Research cut Triple Flag Precious Metals from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 9th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Triple Flag Precious Metals in a research report on Wednesday, February 4th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Triple Flag Precious Metals in a research report on Thursday, January 15th. Five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $34.33.

Triple Flag Precious Metals Trading Down 3.8%

Shares of Triple Flag Precious Metals stock opened at $34.22 on Friday. The company has a market cap of $7.07 billion, a PE ratio of 22.66, a price-to-earnings-growth ratio of 3.09 and a beta of -0.20. The company has a 50 day moving average of $34.76 and a 200-day moving average of $34.32. Triple Flag Precious Metals has a 1-year low of $19.41 and a 1-year high of $41.70.

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

Institutional Trading of Triple Flag Precious Metals

Several hedge funds and other institutional investors have recently made changes to their positions in the company. PFG Investments LLC raised its holdings in Triple Flag Precious Metals by 3.1% in the 4th quarter. PFG Investments LLC now owns 9,149 shares of the company’s stock valued at $304,000 after buying an additional 279 shares during the last quarter. Linden Thomas Advisory Services LLC increased its position in Triple Flag Precious Metals by 4.2% in the 4th quarter. Linden Thomas Advisory Services LLC now owns 7,253 shares of the company’s stock valued at $241,000 after acquiring an additional 290 shares during the period. Public Employees Retirement System of Ohio raised its stake in shares of Triple Flag Precious Metals by 2.2% during the third quarter. Public Employees Retirement System of Ohio now owns 16,751 shares of the company’s stock valued at $491,000 after acquiring an additional 368 shares during the last quarter. Caitlin John LLC raised its stake in shares of Triple Flag Precious Metals by 11.2% during the fourth quarter. Caitlin John LLC now owns 3,730 shares of the company’s stock valued at $124,000 after acquiring an additional 375 shares during the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of Triple Flag Precious Metals by 4.2% during the fourth quarter. Blue Trust Inc. now owns 15,163 shares of the company’s stock worth $504,000 after purchasing an additional 609 shares during the period. 82.91% of the stock is currently owned by institutional investors.

Triple Flag Precious Metals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a $0.0575 dividend. The ex-dividend date is Monday, June 1st. This represents a $0.23 annualized dividend and a yield of 0.7%. Triple Flag Precious Metals’s dividend payout ratio (DPR) is currently 15.23%.

About Triple Flag Precious Metals

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.