Stifel Canada Has Optimistic Outlook of TFPM FY2025 Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Equities research analysts at Stifel Canada raised their FY2025 earnings per share (EPS) estimates for Triple Flag Precious Metals in a report issued on Monday, April 21st. Stifel Canada analyst I. Rico now forecasts that the company will post earnings per share of $0.81 for the year, up from their previous forecast of $0.67. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.71 per share. Stifel Canada also issued estimates for Triple Flag Precious Metals’ FY2026 earnings at $0.88 EPS and FY2027 earnings at $1.05 EPS.

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

TFPM has been the topic of several other research reports. Scotiabank restated a “sector perform” rating on shares of Triple Flag Precious Metals in a report on Monday, April 14th. Jefferies Financial Group increased their target price on Triple Flag Precious Metals from $24.00 to $26.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Raymond James reaffirmed an “outperform” rating on shares of Triple Flag Precious Metals in a research report on Friday, April 4th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Triple Flag Precious Metals presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.00.

Triple Flag Precious Metals Price Performance

Triple Flag Precious Metals stock opened at $21.12 on Wednesday. Triple Flag Precious Metals has a one year low of $13.94 and a one year high of $22.96. The business’s fifty day moving average is $18.97 and its 200 day moving average is $17.26. The stock has a market capitalization of $4.24 billion, a PE ratio of -192.00, a price-to-earnings-growth ratio of 0.78 and a beta of -0.25.

Triple Flag Precious Metals Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend was Monday, March 3rd. Triple Flag Precious Metals’s dividend payout ratio is presently -200.00%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC increased its holdings in shares of Triple Flag Precious Metals by 148.3% in the 3rd quarter. Geode Capital Management LLC now owns 64,744 shares of the company’s stock worth $1,235,000 after buying an additional 38,673 shares during the last quarter. Perfromance Wealth Partners LLC increased its position in shares of Triple Flag Precious Metals by 69.6% during 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. Barclays PLC increased its position in Triple Flag Precious Metals by 21.5% during the third quarter. Barclays PLC now owns 142,444 shares of the company’s stock valued at $2,304,000 after acquiring an additional 25,220 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Triple Flag Precious Metals by 24.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 69,094 shares of the company’s stock worth $1,118,000 after purchasing an additional 13,790 shares during the period. Finally, Norges Bank bought a new position in Triple Flag Precious Metals during the 4th quarter valued at about $15,696,000. 82.91% of the stock is owned by hedge funds and other institutional investors.

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.