Triumph Financial, Inc. (NYSE:TFIN) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Analysts maintain a “Hold” consensus on Triumph Financial, with all six covering firms issuing hold or equivalent ratings. The average 12-month price target is $85, modestly above the stock’s $75.80 opening price.
• Recent analysts raised their targets, including Stephens to $88 and B. Riley Financial and DA Davidson to $82, while Zacks Research downgraded the stock from “strong buy” to “hold.”
• Triumph Financial’s latest quarterly results met EPS expectations at $0.44 and exceeded revenue forecasts, reporting $120.24 million versus the $114.67 million consensus estimate. Institutional investors own approximately 91.11% of the company, while insiders own 5.51%.

Shares of Triumph Financial, Inc. (NYSE:TFIN - Get Free Report) have earned a consensus rating of "Hold" from the six research firms that are covering the stock, Marketbeat reports. Six analysts have rated the stock with a hold rating. The average 1-year target price among brokerages that have covered the stock in the last year is $85.00.

Several analysts have recently issued reports on TFIN shares. B. Riley Financial increased their target price on Triumph Financial from $70.00 to $82.00 and gave the stock a "neutral" rating in a report on Friday, July 24th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Triumph Financial in a research note on Tuesday, May 12th. Zacks Research cut shares of Triumph Financial from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 28th. DA Davidson increased their price objective on shares of Triumph Financial from $65.00 to $82.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 29th. Finally, Stephens raised their target price on shares of Triumph Financial from $82.00 to $88.00 and gave the company an "equal weight" rating in a report on Thursday, July 23rd.

Triumph Financial Stock Up 0.0%

NYSE TFIN opened at $75.80 on Friday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.05. Triumph Financial has a 1-year low of $46.43 and a 1-year high of $83.52. The company has a 50 day moving average of $75.74 and a 200-day moving average of $67.55. The company has a market cap of $1.81 billion, a price-to-earnings ratio of 51.21 and a beta of 1.39.

Triumph Financial (NYSE:TFIN - Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The company reported $0.44 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.44. Triumph Financial had a return on equity of 4.69% and a net margin of 7.17%.The business had revenue of $120.24 million during the quarter, compared to analysts' expectations of $114.67 million. On average, equities research analysts expect that Triumph Financial will post 1.93 earnings per share for the current fiscal year.

Insider Activity at Triumph Financial

In related news, EVP Edward Joseph Schreyer sold 2,900 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $66.70, for a total transaction of $193,430.00. Following the sale, the executive vice president owned 18,434 shares in the company, valued at approximately $1,229,547.80. This trade represents a 13.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Adam D. Nelson sold 3,750 shares of the business's stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $79.05, for a total transaction of $296,437.50. Following the transaction, the executive vice president owned 23,755 shares of the company's stock, valued at approximately $1,877,832.75. This represents a 13.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 5.51% of the company's stock.

Hedge Funds Weigh In On Triumph Financial

A number of institutional investors have recently modified their holdings of the business. Farther Finance Advisors LLC boosted its stake in Triumph Financial by 46.1% in the fourth quarter. Farther Finance Advisors LLC now owns 491 shares of the company's stock valued at $31,000 after buying an additional 155 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in Triumph Financial by 9.3% during the second quarter. Tower Research Capital LLC TRC now owns 2,284 shares of the company's stock worth $126,000 after acquiring an additional 195 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in Triumph Financial during the fourth quarter worth about $174,000. Howard Financial Services LTD. bought a new position in shares of Triumph Financial in the second quarter worth about $229,000. Finally, Maryland State Retirement & Pension System bought a new position in shares of Triumph Financial in the fourth quarter worth about $206,000. Institutional investors and hedge funds own 91.11% of the company's stock.

Triumph Financial Company Profile

Triumph Financial, Inc NYSE: TFIN is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.

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