Teacher Retirement System of Texas purchased a new stake in Titan America SA (NYSE:TTAM - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 275,000 shares of the company's stock, valued at approximately $3,718,000. Teacher Retirement System of Texas owned 0.15% of Titan America as of its most recent filing with the SEC.
Separately, Cannon Global Investment Management LLC purchased a new position in Titan America in the 1st quarter valued at $160,000.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on TTAM. Bank of America decreased their price objective on Titan America from $16.50 to $15.50 and set a "neutral" rating on the stock in a report on Thursday, March 27th. The Goldman Sachs Group decreased their price objective on Titan America from $19.00 to $16.50 and set a "neutral" rating on the stock in a report on Friday, March 28th. Finally, Stifel Nicolaus reduced their price target on Titan America from $16.00 to $15.00 and set a "buy" rating on the stock in a report on Monday, April 21st. Four analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $17.29.
Read Our Latest Research Report on TTAM
Titan America Stock Up 0.5%
Shares of NYSE:TTAM traded up $0.07 during midday trading on Friday, reaching $14.08. 614,447 shares of the company's stock were exchanged, compared to its average volume of 394,636. The stock has a 50 day moving average price of $13.56. The company has a current ratio of 2.30, a quick ratio of 1.36 and a debt-to-equity ratio of 0.45. Titan America SA has a fifty-two week low of $10.80 and a fifty-two week high of $17.78.
Titan America (NYSE:TTAM - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.02. The business had revenue of $392.44 million for the quarter, compared to analyst estimates of $391.96 million. Titan America's revenue for the quarter was down 1.9% on a year-over-year basis.
Titan America Announces Dividend
The company also recently announced a -- dividend, which was paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 4th were given a $0.04 dividend. The ex-dividend date of this dividend was Wednesday, June 4th.
About Titan America
(
Free Report)
Titan America is a leading vertically integrated, multi-regional manufacturer and supplier of heavy building materials and services operating primarily on the Eastern Seaboard of the United States (the “Eastern Seaboard”). We are a leading provider of materials that contribute to lower carbon emissions than traditional building materials and/or beneficial reuse of waste materials.
Featured Stories
Before you consider Titan America, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Titan America wasn't on the list.
While Titan America currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
