Scotiabank Has Pessimistic View of TFPM FY2026 Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPMFree Report) – Equities research analysts at Scotiabank reduced their FY2026 earnings estimates for Triple Flag Precious Metals in a research note issued on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now expects that the company will earn $0.69 per share for the year, down from their previous estimate of $0.75. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.71 per share.

Triple Flag Precious Metals (NYSE:TFPMGet Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.02. The business had revenue of $74.21 million for the quarter, compared to the consensus estimate of $74.10 million. Triple Flag Precious Metals had a negative net margin of 8.58% and a positive return on equity of 6.63%.

Triple Flag Precious Metals Stock Performance

Shares of TFPM stock opened at $19.14 on Monday. Triple Flag Precious Metals has a one year low of $13.63 and a one year high of $19.48. The company has a 50 day moving average price of $16.98 and a 200 day moving average price of $16.62. The firm has a market capitalization of $3.85 billion, a price-to-earnings ratio of -174.00, a price-to-earnings-growth ratio of 0.78 and a beta of -0.08.

Triple Flag Precious Metals Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, March 3rd were given a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a yield of 1.15%. The ex-dividend date was Monday, March 3rd. Triple Flag Precious Metals’s dividend payout ratio (DPR) is -200.00%.

Hedge Funds Weigh In On Triple Flag Precious Metals

Several institutional investors and hedge funds have recently bought and sold shares of TFPM. Farther Finance Advisors LLC increased its position in shares of Triple Flag Precious Metals by 175.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,896 shares of the company’s stock worth $29,000 after acquiring an additional 1,208 shares in the last quarter. Northwest & Ethical Investments L.P. acquired a new stake in shares of Triple Flag Precious Metals in the fourth quarter worth $45,000. Point72 Asset Management L.P. acquired a new stake in shares of Triple Flag Precious Metals in the third quarter worth $111,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Triple Flag Precious Metals in the fourth quarter worth $134,000. Finally, Drive Wealth Management LLC acquired a new stake in shares of Triple Flag Precious Metals in the fourth quarter worth $175,000. Institutional investors and hedge funds own 82.91% of the company’s stock.

About Triple Flag Precious Metals

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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.

Further Reading

Earnings History and Estimates for Triple Flag Precious Metals (NYSE:TFPM)

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