Raymond James Issues Pessimistic Estimate for TFPM Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Equities research analysts at Raymond James lowered their Q4 2024 EPS estimates for Triple Flag Precious Metals in a report released on Tuesday, December 17th. Raymond James analyst B. Macarthur now anticipates that the company will earn $0.14 per share for the quarter, down from their previous forecast 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 lifted their target price on shares of Triple Flag Precious Metals from $20.00 to $22.00 and gave the company a “buy” rating in a report on Friday, October 4th. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $20.50.

Triple Flag Precious Metals Price Performance

Shares of NYSE TFPM opened at $15.38 on Thursday. The stock has a market cap of $3.10 billion, a P/E ratio of -59.15, a P/E/G ratio of 0.86 and a beta of -0.18. Triple Flag Precious Metals has a twelve month low of $11.75 and a twelve month high of $18.88. The stock has a 50 day moving average of $16.83 and a two-hundred day moving average of $16.21. The company has a current ratio of 3.18, a quick ratio of 3.05 and a debt-to-equity ratio of 0.02.

Triple Flag Precious Metals (NYSE:TFPM) last posted its earnings results on Tuesday, November 5th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.01. The business had revenue of $73.67 million during the quarter. Triple Flag Precious Metals had a positive return on equity of 5.51% and a negative net margin of 22.15%. During the same period in the previous year, the firm posted $0.09 earnings per share.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in TFPM. Point72 Asset Management L.P. acquired a new position in shares of Triple Flag Precious Metals during the 3rd quarter worth $111,000. Versor Investments LP acquired a new position in Triple Flag Precious Metals during the second quarter worth about $160,000. 1832 Asset Management L.P. purchased a new position in Triple Flag Precious Metals in the second quarter valued at about $165,000. CIBC Asset Management Inc acquired a new stake in shares of Triple Flag Precious Metals during the 2nd quarter valued at approximately $179,000. Finally, XTX Topco Ltd acquired a new stake in shares of Triple Flag Precious Metals during the 3rd quarter valued at approximately $220,000. 82.91% of the stock is owned by hedge funds and other institutional investors.

Triple Flag Precious Metals Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were given a $0.055 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.22 dividend on an annualized basis and a yield of 1.43%. Triple Flag Precious Metals’s dividend payout ratio (DPR) is -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.