Raymond James Predicts Stronger Earnings for Trisura Group

Trisura Group Ltd. (TSE:TSU) – Stock analysts at Raymond James upped their FY2024 earnings per share estimates for shares of Trisura Group in a research report issued to clients and investors on Friday, November 8th. Raymond James analyst S. Boland now anticipates that the company will earn $2.78 per share for the year, up from their prior estimate of $2.69. The consensus estimate for Trisura Group’s current full-year earnings is $3.13 per share. Raymond James also issued estimates for Trisura Group’s FY2025 earnings at $3.18 EPS.

Several other research analysts have also commented on TSU. Scotiabank lifted their price target on Trisura Group from C$62.00 to C$63.00 and gave the stock an “outperform” rating in a research report on Friday, August 2nd. TD Securities set a C$52.00 target price on Trisura Group and gave the company a “buy” rating in a research report on Thursday, September 19th. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Trisura Group has an average rating of “Buy” and an average target price of C$57.44.

Trisura Group Price Performance

The business has a fifty day simple moving average of C$42.18 and a 200-day simple moving average of C$42.29. The company has a debt-to-equity ratio of 15.83, a quick ratio of 0.22 and a current ratio of 76.83. The company has a market cap of C$1.93 billion, a P/E ratio of 22.04 and a beta of 0.82. Trisura Group has a fifty-two week low of C$30.82 and a fifty-two week high of C$46.75.

Insider Activity

In related news, Director David James Clare sold 2,907 shares of the firm’s stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of C$41.76, for a total transaction of C$121,396.32. In related news, Director David James Clare sold 2,907 shares of the firm’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of C$41.76, for a total value of C$121,396.32. Also, Director Michael Beasley sold 33,176 shares of Trisura Group stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of C$39.95, for a total transaction of C$1,325,530.49. Insiders own 1.09% of the company’s stock.

Trisura Group Company Profile

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.