FY2024 EPS Estimates for Trisura Group Reduced by Desjardins

Trisura Group Ltd. (TSE:TSU) – Equities research analysts at Desjardins dropped their FY2024 earnings per share (EPS) estimates for shares of Trisura Group in a research report issued on Tuesday, October 22nd. Desjardins analyst D. Young now expects that the company will earn $2.60 per share for the year, down from their prior estimate of $2.68. The consensus estimate for Trisura Group’s current full-year earnings is $3.13 per share. Desjardins also issued estimates for Trisura Group’s FY2025 earnings at $3.10 EPS and FY2026 earnings at $3.45 EPS.

A number of other analysts have also weighed in on TSU. Scotiabank upped their target price on Trisura Group from C$62.00 to C$63.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. TD Securities set a C$52.00 price objective 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, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$57.44.

Trisura Group Price Performance

Shares of TSU opened at C$42.02 on Thursday. 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 50 day moving average price of C$42.12 and a 200-day moving average price of C$42.26. Trisura Group has a fifty-two week low of C$29.39 and a fifty-two week high of C$46.75. The stock has a market capitalization of C$2.00 billion, a PE ratio of 22.59 and a beta of 0.82.

Trisura Group (TSE:TSU) last released its quarterly earnings data on Thursday, August 1st. The company reported C$0.65 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.66 by C($0.01). The business had revenue of C$772.20 million during the quarter. Trisura Group had a return on equity of 14.65% and a net margin of 2.92%.

Insider Buying and Selling

In other Trisura Group news, Director Michael Beasley sold 33,176 shares of the stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of C$39.95, for a total value of C$1,325,530.49. In other Trisura Group news, Director Michael Beasley sold 33,176 shares of the company’s stock in a transaction that occurred on 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. Also, Director David James Clare sold 2,907 shares of the firm’s stock in a transaction 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. 1.09% of the stock is owned by company insiders.

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.