What is Scotiabank's Estimate for TFPM FY2027 Earnings?

Key Points

• Scotiabank analyst T. Jakusconek now forecasts Triple Flag Precious Metals (TFPM) will earn $1.28 per share in FY2027, down from a prior estimate of $1.29, and the bank assigns a Sector Perform rating with a $43.00 price target.
• For context, the market consensus for TFPM's current full-year earnings is $0.71 per share, and the company recently beat quarterly estimates with $0.33 EPS (vs. $0.32 est.) and $118.92M revenue (vs. $114.92M est.).

Triple Flag Precious Metals Corp. (NYSE:TFPM - Free Report) - Investment analysts at Scotiabank reduced their FY2027 earnings per share (EPS) estimates for shares of Triple Flag Precious Metals in a report released on Thursday, March 5th. Scotiabank analyst T. Jakusconek now forecasts that the company will earn $1.28 per share for the year, down from their previous forecast of $1.29. Scotiabank has a "Sector Perform" rating and a $43.00 price objective on the stock. The consensus estimate for Triple Flag Precious Metals' current full-year earnings is $0.71 per share.

Triple Flag Precious Metals (NYSE:TFPM - Get Free Report) last announced its earnings results on Wednesday, February 18th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.01. Triple Flag Precious Metals had a return on equity of 10.82% and a net margin of 61.74%.The company had revenue of $118.92 million for the quarter, compared to the consensus estimate of $114.92 million.

Other equities analysts also recently issued research reports about the stock. Canadian Imperial Bank of Commerce restated an "outperform" rating on shares of Triple Flag Precious Metals in a research report on Wednesday, February 4th. Wall Street Zen upgraded shares of Triple Flag Precious Metals from a "hold" rating to a "buy" rating in a research report on Saturday, February 21st. BMO Capital Markets reiterated a "market perform" rating on shares of Triple Flag Precious Metals in a research report on Thursday, January 15th. Weiss Ratings reissued a "buy (b)" rating on shares of Triple Flag Precious Metals in a research note on Wednesday, January 21st. Finally, Zacks Research raised Triple Flag Precious Metals from a "strong sell" rating to a "hold" rating in a research note on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $32.25.

Triple Flag Precious Metals Price Performance

Shares of NYSE TFPM opened at $38.88 on Monday. The stock has a fifty day moving average price of $36.56 and a 200 day moving average price of $32.43. Triple Flag Precious Metals has a 1-year low of $17.26 and a 1-year high of $41.70. The company has a market cap of $8.03 billion, a PE ratio of 32.95, a P/E/G ratio of 2.00 and a beta of -0.28.

Triple Flag Precious Metals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be paid a $0.0575 dividend. The ex-dividend date is Monday, March 2nd. This represents a $0.23 annualized dividend and a dividend yield of 0.6%. Triple Flag Precious Metals's dividend payout ratio is presently 19.49%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in TFPM. Caitong International Asset Management Co. Ltd purchased a new position in Triple Flag Precious Metals during the fourth quarter worth about $208,000. Virtu Financial LLC purchased a new stake in Triple Flag Precious Metals in the 4th quarter valued at about $707,000. Caitlin John LLC increased its stake in Triple Flag Precious Metals by 11.2% in the 4th quarter. Caitlin John LLC now owns 3,730 shares of the company's stock valued at $124,000 after buying an additional 375 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of Triple Flag Precious Metals by 4,948.8% during the 4th quarter. NewEdge Advisors LLC now owns 6,311 shares of the company's stock worth $210,000 after buying an additional 6,186 shares in the last quarter. Finally, Oxford Asset Management LLP lifted its position in shares of Triple Flag Precious Metals by 25.1% during the 4th quarter. Oxford Asset Management LLP now owns 24,438 shares of the company's stock worth $812,000 after buying an additional 4,904 shares in the last quarter. 82.91% of the stock is owned by institutional investors.

Triple Flag Precious Metals Company Profile

Triple Flag Precious Metals Corp. is a Toronto-based precious metals streaming and royalty company traded on the New York Stock Exchange under the ticker TFPM. The company specializes in providing upfront financing to mining operators in exchange for the right to purchase a fixed percentage of future gold and silver production at discounted prices. By structuring these streaming and royalty agreements, Triple Flag Precious Metals aims to optimize its capital deployment and maintain a predictable cost profile while benefitting from upside in precious metal prices.

Since its formation in mid-2022, Triple Flag Precious Metals has established a diversified portfolio of streaming and royalty assets across a variety of jurisdictions.

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