Raymond James Has Negative Outlook for TFPM Q4 Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Equities research analysts at Raymond James decreased their Q4 2024 earnings estimates for shares of Triple Flag Precious Metals in a research note issued on Tuesday, December 17th. Raymond James analyst B. Macarthur now expects that the company will earn $0.14 per share for the quarter, down from their prior estimate of $0.15. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.56 per share. Raymond James also issued estimates for Triple Flag Precious Metals’ Q4 2025 earnings at $0.17 EPS.

Separately, Jefferies Financial Group raised their price target on shares of Triple Flag Precious Metals from $20.00 to $22.00 and gave the stock a “buy” rating in a research note on Friday, October 4th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $20.50.

Triple Flag Precious Metals Stock Down 0.2 %

TFPM opened at $15.38 on Thursday. The firm has a market cap of $3.10 billion, a P/E ratio of -59.15, a PEG ratio of 0.86 and a beta of -0.18. The business’s fifty day simple moving average is $16.83 and its 200 day simple moving average is $16.21. Triple Flag Precious Metals has a 52 week low of $11.75 and a 52 week high of $18.88. The company has a quick ratio of 3.05, a current ratio of 3.18 and a debt-to-equity ratio of 0.02.

Triple Flag Precious Metals (NYSE:TFPM) last announced its earnings results on Tuesday, November 5th. The company reported $0.15 EPS for the quarter, beating 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 firm had revenue of $73.67 million for the quarter. During the same quarter last year, the company posted $0.09 EPS.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of TFPM. Tidal Investments LLC grew its holdings in Triple Flag Precious Metals by 1.8% in the third quarter. Tidal Investments LLC now owns 533,520 shares of the company’s stock valued at $8,632,000 after purchasing an additional 9,184 shares during the period. Virtu Financial LLC raised its position in shares of Triple Flag Precious Metals by 6.0% in the 3rd quarter. Virtu Financial LLC now owns 15,066 shares of the company’s stock worth $244,000 after buying an additional 857 shares during the period. Geode Capital Management LLC grew its position in Triple Flag Precious Metals by 148.3% during the third quarter. Geode Capital Management LLC now owns 64,744 shares of the company’s stock valued at $1,235,000 after acquiring an additional 38,673 shares during the period. Barclays PLC increased its stake in Triple Flag Precious Metals by 21.5% during the third quarter. Barclays PLC now owns 142,444 shares of the company’s stock worth $2,304,000 after acquiring an additional 25,220 shares during the last quarter. Finally, Orion Portfolio Solutions LLC raised its holdings in shares of Triple Flag Precious Metals by 103.4% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 46,902 shares of the company’s stock worth $759,000 after purchasing an additional 23,840 shares during the period. 82.91% of the stock is currently owned by hedge funds and other institutional investors.

Triple Flag Precious Metals Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Investors 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 yield of 1.43%. Triple Flag Precious Metals’s payout ratio is currently -84.62%.

Triple Flag Precious Metals Company Profile

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.