Raymond James Issues Optimistic Outlook for TFPM Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Equities researchers at Raymond James raised their Q4 2024 earnings per share (EPS) estimates for Triple Flag Precious Metals in a report released on Wednesday, January 15th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $0.16 per share for the quarter, up from their prior forecast of $0.14. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.55 per share. Raymond James also issued estimates for Triple Flag Precious Metals’ Q4 2025 earnings at $0.18 EPS and FY2025 earnings at $0.68 EPS.

Triple Flag Precious Metals (NYSE:TFPM) last posted its earnings results on Tuesday, November 5th. The company reported $0.15 earnings per share 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 company had revenue of $73.67 million during the quarter. During the same period in the prior year, the business posted $0.09 EPS.

Separately, Jefferies Financial Group raised their price target on Triple Flag Precious Metals from $20.00 to $22.00 and gave the stock a “buy” rating in a research report on Friday, October 4th.

Triple Flag Precious Metals Price Performance

Shares of NYSE TFPM opened at $15.76 on Monday. The business has a fifty day moving average price of $15.94 and a two-hundred day moving average price of $16.19. The stock has a market capitalization of $3.17 billion, a PE ratio of -60.61, a P/E/G ratio of 0.66 and a beta of -0.09. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.18 and a quick ratio of 3.05. Triple Flag Precious Metals has a fifty-two week low of $11.75 and a fifty-two week high of $18.88.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of TFPM. Perfromance Wealth Partners LLC lifted its stake in Triple Flag Precious Metals by 69.6% in the 4th quarter. Perfromance Wealth Partners LLC now owns 68,304 shares of the company’s stock valued at $1,027,000 after purchasing an additional 28,026 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Triple Flag Precious Metals by 24.9% during the third quarter. JPMorgan Chase & Co. now owns 69,094 shares of the company’s stock worth $1,118,000 after buying an additional 13,790 shares in the last quarter. Tidal Investments LLC lifted its stake in shares of Triple Flag Precious Metals by 1.8% in the 3rd quarter. Tidal Investments LLC now owns 533,520 shares of the company’s stock valued at $8,632,000 after acquiring an additional 9,184 shares during the last quarter. Virtu Financial LLC boosted its holdings in shares of Triple Flag Precious Metals by 6.0% during the 3rd quarter. Virtu Financial LLC now owns 15,066 shares of the company’s stock valued at $244,000 after acquiring an additional 857 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in Triple Flag Precious Metals by 148.3% during the 3rd quarter. Geode Capital Management LLC now owns 64,744 shares of the company’s stock worth $1,235,000 after acquiring an additional 38,673 shares during the last quarter. Institutional investors own 82.91% of the company’s stock.

Triple Flag Precious Metals Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were paid a $0.055 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.22 annualized dividend and a dividend yield of 1.40%. Triple Flag Precious Metals’s payout ratio is -84.62%.

About Triple Flag Precious Metals

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.