DA Davidson Has Negative Forecast for TFIN FY2025 Earnings

Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) - DA Davidson lowered their FY2025 earnings estimates for shares of Triumph Financial in a research note issued on Monday, April 21st. DA Davidson analyst G. Tenner now anticipates that the company will post earnings of $0.71 per share for the year, down from their prior forecast of $1.06. DA Davidson currently has a "Neutral" rating and a $56.00 target price on the stock. The consensus estimate for Triumph Financial's current full-year earnings is $1.08 per share.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last released its earnings results on Wednesday, April 16th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.02). The business had revenue of $101.57 million for the quarter, compared to the consensus estimate of $104.49 million. Triumph Financial had a net margin of 3.30% and a return on equity of 1.93%. During the same period in the prior year, the business posted $0.14 EPS.

Several other equities research analysts have also recently commented on the stock. Stephens reaffirmed an "equal weight" rating and issued a $109.00 target price on shares of Triumph Financial in a research report on Thursday, January 23rd. B. Riley reissued a "neutral" rating and set a $55.00 price objective (down previously from $65.00) on shares of Triumph Financial in a research report on Wednesday, April 23rd. Finally, Keefe, Bruyette & Woods dropped their target price on Triumph Financial from $68.00 to $56.00 and set a "market perform" rating on the stock in a report on Monday, April 21st. One analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. According to data from MarketBeat.com, Triumph Financial has an average rating of "Hold" and an average target price of $68.20.

Triumph Financial Trading Down 0.2 %

TFIN traded down $0.11 during trading on Wednesday, hitting $52.55. 97,656 shares of the stock traded hands, compared to its average volume of 167,314. The firm has a market capitalization of $1.23 billion, a P/E ratio of 97.29 and a beta of 1.18. Triumph Financial has a 12-month low of $42.90 and a 12-month high of $110.58. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a 50-day moving average of $58.35 and a 200 day moving average of $79.28.

Insiders Place Their Bets

In other Triumph Financial news, Director Debra A. Bradford bought 1,508 shares of the business's stock in a transaction that occurred on Wednesday, April 23rd. The stock was purchased at an average price of $49.39 per share, for a total transaction of $74,480.12. Following the completion of the transaction, the director now owns 3,348 shares of the company's stock, valued at $165,357.72. This trade represents a 81.96 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 5.58% of the company's stock.

Institutional Investors Weigh In On Triumph Financial

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its stake in shares of Triumph Financial by 478.3% during the 4th quarter. Bank of America Corp DE now owns 350,573 shares of the company's stock worth $31,860,000 after purchasing an additional 289,955 shares during the period. American Century Companies Inc. increased its position in Triumph Financial by 34.0% during the 4th quarter. American Century Companies Inc. now owns 782,198 shares of the company's stock valued at $71,086,000 after purchasing an additional 198,611 shares during the period. Norges Bank purchased a new stake in shares of Triumph Financial in the 4th quarter worth approximately $6,151,000. Hodges Capital Management Inc. lifted its stake in shares of Triumph Financial by 42.3% during the 4th quarter. Hodges Capital Management Inc. now owns 148,435 shares of the company's stock worth $13,490,000 after purchasing an additional 44,100 shares during the last quarter. Finally, Curi RMB Capital LLC grew its position in shares of Triumph Financial by 133.9% in the 4th quarter. Curi RMB Capital LLC now owns 72,022 shares of the company's stock worth $6,545,000 after buying an additional 41,226 shares during the last quarter. 91.11% of the stock is currently owned by hedge funds and other institutional investors.

Triumph Financial Company Profile

Triumph Financial, Inc, a financial holding company, provides various payments, factoring, and banking services in the United States. It operates through Banking, Factoring, and Payments segments. The company offers deposit products, including checking, savings, money market and certificates of deposit; and loan products, such as commercial real estate, land, commercial construction and land development, residential real estate, commercial agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans.