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October 17, 2024
PI Global Investments
Precious Metals

Raymond James Comments on Triple Flag Precious Metals Corp.’s Q2 2025 Earnings (NYSE:TFPM)



Triple Flag Precious Metals Corp. (NYSE:TFPMFree Report) – Analysts at Raymond James decreased their Q2 2025 earnings per share estimates for shares of Triple Flag Precious Metals in a research report issued on Thursday, August 8th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings per share of $0.12 for the quarter, down from their previous forecast of $0.13. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.50 per share. Raymond James also issued estimates for Triple Flag Precious Metals’ Q3 2025 earnings at $0.12 EPS, Q4 2025 earnings at $0.13 EPS and FY2025 earnings at $0.49 EPS.

Other equities analysts have also recently issued reports about the company. Scotiabank lowered their price target on Triple Flag Precious Metals from $20.50 to $20.00 and set a “sector outperform” rating on the stock in a research report on Thursday, July 18th. Jefferies Financial Group lifted their price target on Triple Flag Precious Metals from $19.00 to $20.00 and gave the company a “buy” rating in a research report on Friday, July 12th. Bank of America lifted their price target on Triple Flag Precious Metals from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, May 28th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $19.00 price target (up from $15.00) on shares of Triple Flag Precious Metals in a research report on Wednesday, May 29th. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Triple Flag Precious Metals currently has an average rating of “Moderate Buy” and a consensus price target of $21.08.

Check Out Our Latest Stock Analysis on TFPM

Triple Flag Precious Metals Price Performance

Shares of TFPM stock traded up $0.12 during mid-day trading on Friday, hitting $15.05. 182,361 shares of the stock traded hands, compared to its average volume of 204,785. Triple Flag Precious Metals has a twelve month low of $11.75 and a twelve month high of $18.08. The firm has a market cap of $3.03 billion, a price-to-earnings ratio of 79.13, a price-to-earnings-growth ratio of 0.89 and a beta of -0.14. The company’s 50-day simple moving average is $15.51 and its 200-day simple moving average is $14.89. The company has a debt-to-equity ratio of 0.03, a quick ratio of 4.40 and a current ratio of 4.40.

Triple Flag Precious Metals (NYSE:TFPMGet Free Report) last posted its earnings results on Tuesday, May 7th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. Triple Flag Precious Metals had a return on equity of 4.17% and a net margin of 17.59%. The firm had revenue of $57.53 million for the quarter.

Hedge Funds Weigh In On Triple Flag Precious Metals

A number of hedge funds have recently modified their holdings of TFPM. Dimensional Fund Advisors LP boosted its position in shares of Triple Flag Precious Metals by 37.0% in the second quarter. Dimensional Fund Advisors LP now owns 361,459 shares of the company’s stock worth $5,602,000 after buying an additional 97,630 shares during the period. American Century Companies Inc. acquired a new stake in shares of Triple Flag Precious Metals in the second quarter worth $2,389,000. Acadian Asset Management LLC acquired a new stake in shares of Triple Flag Precious Metals in the second quarter worth $1,705,000. Versor Investments LP acquired a new stake in shares of Triple Flag Precious Metals in the second quarter worth $160,000. Finally, CIBC Asset Management Inc acquired a new stake in shares of Triple Flag Precious Metals in the second quarter worth $179,000. 82.91% of the stock is currently owned by institutional investors and hedge funds.

Triple Flag Precious Metals Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Friday, August 30th will be issued a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Friday, August 30th. Triple Flag Precious Metals’s payout ratio is 110.53%.

Triple Flag Precious Metals Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Triple Flag Precious Metals (NYSE:TFPM)



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