Trisura Group (TSE:TSU) Stock Price Down 0.5% - Should You Sell?

Key Points

• Trisura's stock dipped 0.5% to C$43.00 intraday while volume surged 639% to 780,311 shares, markedly above its average session volume.
• Analysts are broadly bullish: six analysts have a "Buy" consensus with an average price target of C$55.13, and several recent upgrades lifted targets into the C$52–C$59 range.
• Key fundamentals include a market capitalization of C$2.05 billion, a P/E of 14.68, quarterly EPS of C$0.75, revenue of C$200.31 million, and a return on equity of 16.3%.

Trisura Group Ltd. (TSE:TSU - Get Free Report)'s stock price fell 0.5% during mid-day trading on Friday . The company traded as low as C$42.56 and last traded at C$43.00. 780,311 shares were traded during trading, an increase of 639% from the average session volume of 105,660 shares. The stock had previously closed at C$43.20.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on TSU shares. ATB Cormark Capital Markets raised their target price on shares of Trisura Group from C$46.75 to C$52.00 and gave the stock an "outperform" rating in a research note on Friday, February 13th. Canadian Imperial Bank of Commerce set a C$59.00 price target on shares of Trisura Group and gave the stock an "outperform" rating in a research report on Friday, February 27th. National Bank Financial increased their price objective on shares of Trisura Group from C$57.00 to C$59.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 4th. Finally, Desjardins set a C$56.00 price objective on shares of Trisura Group and gave the company a "buy" rating in a research report on Thursday, December 18th. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Trisura Group presently has a consensus rating of "Buy" and an average price target of C$55.13.

Trisura Group Stock Performance

The company has a market capitalization of C$2.05 billion, a P/E ratio of 14.68 and a beta of 0.34. The company has a debt-to-equity ratio of 16.98, a quick ratio of 0.22 and a current ratio of 16.58. The business's fifty day simple moving average is C$44.79 and its 200-day simple moving average is C$41.62.

Trisura Group (TSE:TSU - Get Free Report) last released its quarterly earnings data on Thursday, February 12th. The company reported C$0.75 EPS for the quarter. Trisura Group had a net margin of 5.51% and a return on equity of 16.30%. The business had revenue of C$200.31 million during the quarter. As a group, equities analysts anticipate that Trisura Group Ltd. will post 3.1349036 earnings per share for the current fiscal year.

About Trisura Group

Trisura Group Ltd is a Canadian based company engages in the provision of specialty insurance. The company's operations currently include specialty property and casualty insurance (Surety, Risk Solutions, and Corporate Insurance business lines), underwritten predominantly in Canada. The operating business segments are Trisura Guarantee, Trisura Specialty, and Trisura International. The Trisura Guarantee segment generates maximum revenue, which offers Surety, Risk Solutions and Corporate Insurance products underwritten in Canada as well as the operations of Trisura Warranty.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.