Q1 2024 Earnings Forecast for Trisura Group Ltd. (TSE:TSU) Issued By National Bank Financial

Trisura Group Ltd. (TSE:TSU - Free Report) - Investment analysts at National Bank Financial issued their Q1 2024 earnings per share (EPS) estimates for shares of Trisura Group in a report released on Monday, April 29th. National Bank Financial analyst J. Gloyn forecasts that the company will earn $0.67 per share for the quarter. The consensus estimate for Trisura Group's current full-year earnings is $2.72 per share. National Bank Financial also issued estimates for Trisura Group's Q2 2024 earnings at $0.69 EPS, Q3 2024 earnings at $0.74 EPS, Q4 2024 earnings at $0.66 EPS and FY2024 earnings at $2.76 EPS.

Trisura Group (TSE:TSU - Get Free Report) last released its earnings results on Thursday, February 8th. The company reported C$0.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$0.49 by C$0.05. Trisura Group had a return on equity of 12.03% and a net margin of 2.36%. The business had revenue of C$754.95 million for the quarter.

Other equities research analysts have also issued research reports about the company. National Bankshares lifted their price objective on Trisura Group from C$64.00 to C$65.00 and gave the company an "outperform" rating in a report on Monday, February 12th. Raymond James increased their price objective on Trisura Group from C$54.00 to C$64.00 and gave the stock an "outperform" rating in a research report on Monday, February 12th. Royal Bank of Canada boosted their target price on shares of Trisura Group from C$40.00 to C$44.00 and gave the stock an "outperform" rating in a research report on Monday, February 12th. BMO Capital Markets upped their price target on shares of Trisura Group from C$49.00 to C$52.00 and gave the stock an "outperform" rating in a research note on Monday, February 12th. Finally, Cormark raised their price objective on shares of Trisura Group from C$51.00 to C$52.00 and gave the company a "buy" rating in a research note on Monday, February 12th. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of C$56.00.

Trisura Group Stock Performance

Shares of Trisura Group stock traded up C$0.21 on Wednesday, reaching C$42.26. 90,753 shares of the stock were exchanged, compared to its average volume of 88,404. The firm has a market capitalization of C$2.00 billion, a PE ratio of 280.33 and a beta of 0.82. Trisura Group has a 1-year low of C$29.05 and a 1-year high of C$44.83. The business has a fifty day moving average price of C$42.44 and a two-hundred day moving average price of C$37.11. The company has a current ratio of 2.46, a quick ratio of 0.22 and a debt-to-equity ratio of 13.67.

Insider Buying and Selling

In other Trisura Group news, Director Chris Yoshio Sekine sold 55,518 shares of the company's stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$43.23, for a total value of C$2,399,837.72. In other Trisura Group news, Director Chris Yoshio Sekine sold 55,518 shares of the company's stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$43.23, for a total value of C$2,399,837.72. Also, Director Michael Beasley sold 38,822 shares of the company's stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of C$43.28, for a total transaction of C$1,680,022.05. Over the last 90 days, insiders have sold 94,825 shares of company stock valued at $4,100,283. Corporate insiders own 1.62% of the company's stock.

Trisura Group Company Profile

Trisura Group Ltd., a specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada, the United States, and internationally. The company operates through Trisura Canada and Trisura the United States segments. It also offers risk solutions, fronting, and insurance products, as well as provides business underwriting services.