Trisura Group Q3 EPS Lowered by National Bank Financial

Trisura Group Ltd. (TSE:TSU) – Equities research analysts at National Bank Financial reduced their Q3 2024 earnings per share estimates for Trisura Group in a report issued on Tuesday, October 29th. National Bank Financial analyst J. Gloyn now anticipates that the company will post earnings of $0.68 per share for the quarter, down from their prior estimate of $0.70. 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 $0.62 EPS, FY2024 earnings at $2.63 EPS and FY2025 earnings at $3.24 EPS.

Trisura Group (TSE:TSU) last released its quarterly earnings results on Thursday, August 1st. The company reported C$0.65 EPS for the quarter, missing the consensus estimate of C$0.66 by C($0.01). Trisura Group had a net margin of 2.92% and a return on equity of 14.65%. The business had revenue of C$772.20 million during the quarter.

A number of other equities analysts have also issued reports on TSU. TD Securities set a C$52.00 price target on Trisura Group and gave the stock a “buy” rating in a report on Thursday, September 19th. Scotiabank lifted their target price on Trisura Group from C$62.00 to C$63.00 and gave the company an “outperform” rating in a research note on Friday, August 2nd. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Trisura Group currently has a consensus rating of “Buy” and an average target price of C$57.44.

Trisura Group Trading Down 1.6 %

TSE TSU opened at C$41.20 on Thursday. The firm’s fifty day moving average is C$42.11 and its two-hundred day moving average is C$42.28. Trisura Group has a one year low of C$30.11 and a one year high of C$46.75. The company has a debt-to-equity ratio of 15.83, a quick ratio of 0.22 and a current ratio of 76.83. The firm has a market cap of C$1.96 billion, a PE ratio of 22.04 and a beta of 0.82.

Insiders Place Their Bets

In other Trisura Group news, Director David James Clare sold 2,907 shares of the stock in a transaction dated Friday, August 30th. The shares were sold at an average price of C$41.76, for a total value of C$121,396.32. In other news, Director David James Clare sold 2,907 shares of the firm’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of C$41.76, for a total value of C$121,396.32. Also, Director Michael Beasley sold 33,176 shares of the business’s stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of C$39.95, for a total transaction of C$1,325,530.49. Insiders own 1.09% of the company’s stock.

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.