FY2024 EPS Estimates for Trisura Group Raised by Analyst

Trisura Group Ltd. (TSE:TSU) – National Bank Financial lifted their FY2024 earnings per share estimates for shares of Trisura Group in a report issued on Sunday, February 2nd. National Bank Financial analyst J. Gloyn now anticipates that the company will post earnings per share of $2.74 for the year, up from their previous forecast of $2.59. The consensus estimate for Trisura Group’s current full-year earnings is $3.13 per share. National Bank Financial also issued estimates for Trisura Group’s Q4 2024 earnings at $0.72 EPS.

Trisura Group (TSE:TSU) last posted its quarterly earnings data on Thursday, November 7th. The company reported C$0.68 EPS for the quarter, hitting the consensus estimate of C$0.68. Trisura Group had a net margin of 2.92% and a return on equity of 14.65%. During the same quarter last year, the firm posted $0.67 earnings per share.

Separately, CIBC dropped their price objective on shares of 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. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$56.33.

Trisura Group Stock Down 1.7 %

Shares of TSU stock opened at C$32.43 on Wednesday. Trisura Group has a 1-year low of C$31.74 and a 1-year high of C$46.75. The company has a debt-to-equity ratio of 15.83, a current ratio of 76.83 and a quick ratio of 0.22. The company has a market cap of C$1.54 billion, a price-to-earnings ratio of 17.44 and a beta of 0.82. The stock’s fifty day moving average price is C$37.59 and its 200 day moving average price is C$40.44.

About Trisura Group

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.