Equities Analysts Offer Predictions for TFPM FY2027 Earnings

Key Points

• Scotiabank cut its FY2027 EPS forecast for Triple Flag Precious Metals to $1.07 from $1.16, maintaining a Sector Perform rating and a $39 price target.
• Third-quarter EPS of $0.26 beat consensus of $0.23, while revenue matched expectations at $106.7 million; operating cash flow per share increased 15% year over year.
• Analysts have a consensus “Moderate Buy” rating and a $39.25 price target. Triple Flag also declared a quarterly dividend of $0.06 per share.

Triple Flag Precious Metals Corp. (NYSE:TFPM - Free Report) - Equities researchers at Scotiabank decreased their FY2027 EPS estimates for Triple Flag Precious Metals in a research report issued to clients and investors on Monday, November 2nd. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings per share of $1.07 for the year, down from their prior estimate of $1.16. Scotiabank currently has a "Sector Perform" rating and a $39.00 target price on the stock. The consensus estimate for Triple Flag Precious Metals' current full-year earnings is $1.33 per share.

Triple Flag Precious Metals (NYSE:TFPM - Get Free Report) last announced its earnings results on Tuesday, November 3rd. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.03. The business had revenue of $106.70 million during the quarter, compared to analyst estimates of $106.70 million. Triple Flag Precious Metals had a net margin of 82.56% and a return on equity of 14.01%.

A number of other analysts also recently weighed in on TFPM. Wall Street Zen downgraded Triple Flag Precious Metals from a "buy" rating to a "hold" rating in a research report on Sunday, July 12th. Weiss Ratings upgraded shares of Triple Flag Precious Metals from a "buy (b-)" rating to a "buy (b)" rating in a research report on Wednesday, October 14th. Royal Bank Of Canada lifted their price target on shares of Triple Flag Precious Metals from $40.00 to $41.00 and gave the stock a "sector perform" rating in a research note on Wednesday, September 16th. Zacks Research upgraded shares of Triple Flag Precious Metals from a "strong sell" rating to a "hold" rating in a report on Monday, August 10th. Finally, Bank of America cut their price objective on shares of Triple Flag Precious Metals from $39.00 to $37.00 and set a "buy" rating for the company in a research note on Thursday, July 9th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $39.25.

Triple Flag Precious Metals Stock Performance

NYSE TFPM opened at $30.14 on Thursday. The company has a fifty day moving average of $31.53 and a 200-day moving average of $32.70. Triple Flag Precious Metals has a 52-week low of $26.61 and a 52-week high of $41.70. The company has a market capitalization of $6.20 billion, a P/E ratio of 15.07, a P/E/G ratio of 3.01 and a beta of -0.09.

Institutional Trading of Triple Flag Precious Metals

Several hedge funds and other institutional investors have recently bought and sold shares of TFPM. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Triple Flag Precious Metals during the second quarter valued at about $29,283,000. Deutsche Bank AG purchased a new stake in shares of Triple Flag Precious Metals during the second quarter worth about $12,322,000. Tidal Investments LLC boosted its holdings in shares of Triple Flag Precious Metals by 15.8% during the second quarter. Tidal Investments LLC now owns 2,949,715 shares of the company's stock worth $88,403,000 after purchasing an additional 402,924 shares during the period. Beutel Goodman & Co Ltd. grew its stake in shares of Triple Flag Precious Metals by 31.2% in the third quarter. Beutel Goodman & Co Ltd. now owns 1,549,883 shares of the company's stock worth $47,803,000 after purchasing an additional 368,736 shares during the last quarter. Finally, SCS Capital Management LLC bought a new stake in shares of Triple Flag Precious Metals in the second quarter worth about $5,011,000. Institutional investors own 82.91% of the company's stock.

Triple Flag Precious Metals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Monday, November 30th. Triple Flag Precious Metals's payout ratio is 12.06%.

Triple Flag Precious Metals News Roundup

Here are the key news stories impacting Triple Flag Precious Metals this week:

• Positive Sentiment: Q3 EPS was $0.26, above the $0.23 consensus estimate, while revenue of $106.7 million matched expectations. Operating cash flow per share rose 15% year over year to $0.45, supporting the company’s report of strong quarterly performance. Triple Flag Q3 results
• Positive Sentiment: The board declared a quarterly dividend of US$0.06 per share, payable December 15 to shareholders of record November 30. The payment maintains a regular shareholder return; the annualized dividend is US$0.24. Dividend announcement

About Triple Flag Precious Metals

Triple Flag Precious Metals Corp. is a precious metals streaming and royalty company headquartered in Toronto, Canada. The company provides upfront financing to mining companies in exchange for the right to purchase a portion of future production, typically at predetermined prices. Its agreements are primarily focused on gold and silver, along with other precious metals and related by-products.

Triple Flag does not generally operate mines directly. Instead, it builds a diversified portfolio of streams and royalties linked to producing, developing and exploration-stage assets.

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