Triumph Financial, Inc. (NYSE:TFIN) Stock Has Consensus Target Price of $84.80

Key Points

• Analysts hold a neutral view: Six of seven brokerages rate Triumph Financial “Hold,” while one rates it “Buy.” The consensus 12-month price target is $84.80, above the reported share price of $61.29.
• Recent quarterly results met expectations: Triumph Financial reported earnings of $0.44 per share, matching consensus, while revenue of $120.24 million exceeded estimates of $114.67 million.
• Insider selling contrasts with strong institutional ownership: Two executive vice presidents recently sold shares under pre-arranged trading plans, while hedge funds and other institutions own 91.11% of the company.

Shares of Triumph Financial, Inc. (NYSE:TFIN - Get Free Report) have earned an average recommendation of "Hold" from the seven brokerages that are covering the firm, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $84.80.

Several analysts have recently issued reports on the stock. Weiss Ratings reiterated a "hold (c)" rating on shares of Triumph Financial in a research note on Friday, August 7th. Stephens raised their price target on shares of Triumph Financial from $82.00 to $88.00 and gave the company an "equal weight" rating in a research report on Thursday, July 23rd. DA Davidson boosted their price target on shares of Triumph Financial from $65.00 to $82.00 and gave the stock a "neutral" rating in a report on Wednesday, July 29th. Zacks Research downgraded shares of Triumph Financial from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 28th. Finally, Raymond James Financial decreased their price objective on shares of Triumph Financial from $89.00 to $84.00 and set an "outperform" rating for the company in a research note on Friday.

Insider Activity at Triumph Financial

In related news, EVP Edward Schreyer sold 2,900 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $73.75, for a total transaction of $213,875.00. Following the completion of the sale, the executive vice president directly owned 15,534 shares of the company's stock, valued at approximately $1,145,632.50. This trade represents a 15.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Adam Nelson sold 3,750 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $79.05, for a total value of $296,437.50. Following the sale, the executive vice president directly owned 23,755 shares of the company's stock, valued at $1,877,832.75. The trade was a 13.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 5.51% of the company's stock.

Institutional Investors Weigh In On Triumph Financial

Several large investors have recently made changes to their positions in TFIN. Illinois Municipal Retirement Fund raised its position in Triumph Financial by 3.6% in the first quarter. Illinois Municipal Retirement Fund now owns 11,319 shares of the company's stock worth $675,000 after acquiring an additional 397 shares during the period. Quantbot Technologies LP bought a new position in shares of Triumph Financial during the 2nd quarter valued at approximately $40,000. Integrated Wealth Concepts LLC bought a new position in shares of Triumph Financial during the 2nd quarter valued at approximately $43,000. Cetera Investment Advisers increased its stake in shares of Triumph Financial by 4.7% during the 1st quarter. Cetera Investment Advisers now owns 14,423 shares of the company's stock worth $860,000 after purchasing an additional 652 shares during the last quarter. Finally, Nykredit A S purchased a new stake in shares of Triumph Financial during the 2nd quarter worth approximately $105,000. 91.11% of the stock is owned by hedge funds and other institutional investors.

Triumph Financial Stock Down 0.3%

Shares of NYSE:TFIN opened at $61.29 on Monday. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 41.41 and a beta of 1.37. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.05. Triumph Financial has a 12-month low of $46.43 and a 12-month high of $83.52. The business's 50 day moving average is $71.96 and its 200 day moving average is $69.06.

Triumph Financial (NYSE:TFIN - Get Free Report) last announced its quarterly earnings results on Tuesday, July 21st. The company reported $0.44 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.44. Triumph Financial had a return on equity of 4.69% and a net margin of 7.17%.The business had revenue of $120.24 million during the quarter, compared to the consensus estimate of $114.67 million. On average, sell-side analysts forecast that Triumph Financial will post 1.91 earnings per share for the current fiscal year.

About Triumph Financial

Triumph Financial, Inc is a financial holding company headquartered in Dallas, Texas. Formerly known as Triumph Bancorp, the company changed its name to Triumph Financial in 2023 to reflect its broader focus on technology-enabled financial services. It serves businesses and consumers primarily in the United States through banking, payments and factoring solutions.

Through its banking operations, Triumph Financial provides commercial and personal banking products, including deposit accounts, treasury management services, commercial lending and consumer financial products.

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