Desjardins Forecasts Reduced Earnings for Trisura Group

Trisura Group Ltd. (TSE:TSU) – Research analysts at Desjardins reduced their FY2025 earnings per share estimates for shares of Trisura Group in a report released on Wednesday, April 23rd. Desjardins analyst D. Young now anticipates that the company will post earnings per share of $3.05 for the year, down from their prior forecast of $3.10. The consensus estimate for Trisura Group’s current full-year earnings is $3.13 per share.

Several other research analysts also recently weighed in on the stock. Cormark decreased their price target on shares of Trisura Group from C$54.00 to C$47.00 in a research report on Monday, February 10th. CIBC decreased their target price on Trisura Group from C$60.00 to C$50.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Scotiabank cut their price target on Trisura Group from C$52.00 to C$49.00 and set a “sector perform” rating for the company in a report on Thursday, March 27th. Finally, Raymond James decreased their price objective on Trisura Group from C$64.00 to C$57.00 in a research note on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Trisura Group currently has an average rating of “Moderate Buy” and an average target price of C$53.44.

Trisura Group Stock Up 0.5 %

Trisura Group stock opened at C$37.25 on Monday. Trisura Group has a 52-week low of C$30.77 and a 52-week high of C$46.75. The company has a market cap of C$1.78 billion, a P/E ratio of 16.01 and a beta of 0.82. The business has a 50-day simple moving average of C$33.61 and a two-hundred day simple moving average of C$36.99.

About Trisura Group

Trisura Group Ltd is a Canadian based company engages in the provision of specialty insurance. The company’s operations currently include specialty property and casualty insurance (Surety, Risk Solutions, and Corporate Insurance business lines), underwritten predominantly in Canada. The operating business segments are Trisura Guarantee, Trisura Specialty, and Trisura International.