Scotiabank Has Negative Opinion of TFPM FY2026 Earnings

Key Points

• Scotiabank lowered its FY2026 EPS forecast for Triple Flag Precious Metals to $1.28 from $1.35, while maintaining a Sector Perform rating and a $39 price target. The revised estimate is below the $1.33 analyst consensus.
• Triple Flag reported quarterly EPS of $0.26, beating the $0.23 consensus; revenue of $106.7 million matched estimates.
• Analyst views are mixed, but the stock has a Moderate Buy consensus rating and an average price target of $39.25. The company also announced a quarterly dividend of $0.06 per share.

Triple Flag Precious Metals Corp. (NYSE:TFPM - Free Report) - Research analysts at Scotiabank cut their FY2026 earnings per share (EPS) estimates for Triple Flag Precious Metals in a report released on Monday, November 2nd. Scotiabank analyst T. Jakusconek now expects that the company will post earnings of $1.28 per share for the year, down from their prior estimate of $1.35. Scotiabank has a "Sector Perform" rating and a $39.00 price objective 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 posted its earnings results on Tuesday, November 3rd. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.03. Triple Flag Precious Metals had a return on equity of 13.56% and a net margin of 82.56%. The company had revenue of $106.70 million for the quarter, compared to analyst estimates of $106.70 million.

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

Triple Flag Precious Metals Trading Up 2.0%

NYSE:TFPM opened at $30.74 on Friday. The company has a market capitalization of $6.32 billion, a PE ratio of 15.37, a price-to-earnings-growth ratio of 3.21 and a beta of -0.09. The company has a quick ratio of 6.26, a current ratio of 3.89 and a debt-to-equity ratio of 0.08. Triple Flag Precious Metals has a 52-week low of $26.61 and a 52-week high of $41.70. The stock has a fifty day simple moving average of $31.44 and a 200-day simple moving average of $32.67.

Triple Flag Precious Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Monday, November 30th. Triple Flag Precious Metals's dividend payout ratio is currently 12.00%.

Institutional Trading of Triple Flag Precious Metals

A number of large investors have recently made changes to their positions in TFPM. Integrated Wealth Concepts LLC acquired a new stake in shares of Triple Flag Precious Metals during the second quarter worth $44,000. Fiduciary Financial Advisors acquired a new position in Triple Flag Precious Metals in the second quarter valued at $47,000. EverSource Wealth Advisors LLC lifted its position in Triple Flag Precious Metals by 60.0% during the first quarter. EverSource Wealth Advisors LLC now owns 1,947 shares of the company's stock worth $68,000 after buying an additional 730 shares during the period. Evelyn Partners Asset Management Ltd lifted its position in Triple Flag Precious Metals by 33.3% during the first quarter. Evelyn Partners Asset Management Ltd now owns 4,000 shares of the company's stock worth $139,000 after buying an additional 1,000 shares during the period. Finally, Caitlin John LLC boosted its stake in Triple Flag Precious Metals by 67.7% in the 2nd quarter. Caitlin John LLC now owns 5,869 shares of the company's stock worth $176,000 after buying an additional 2,369 shares during the last quarter. Institutional investors and hedge funds own 82.91% of the company's stock.

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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