NYSE:GTS - Triple-S Management Stock Price, Forecast & News

Triple-S Management trades on the New York Stock Exchange (NYSE) under the ticker symbol "GTS."

Triple-S Management announced that its Board of Directors has approved a share repurchase program on Saturday, March 3rd 2018, which authorizes the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's leadership believes its shares are undervalued.

Triple-S Management Corp. (NYSE:GTS) released its earnings results on Thursday, November, 7th. The company reported $0.51 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.33 by $0.18. The business had revenue of $836 million for the quarter, compared to the consensus estimate of $819.42 million. Triple-S Management had a return on equity of 7.35% and a net margin of 2.12%. Triple-S Management's quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.60 earnings per share. View Triple-S Management's Earnings History.

Triple-S Management is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Triple-S Management.

Triple-S Management issued an update on its FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided EPS guidance of $2.50-2.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.60. The company issued revenue guidance of $$3.29-3.33 billion, compared to the consensus revenue estimate of $$3.31 billion.

1 brokerages have issued 1-year price objectives for Triple-S Management's stock. Their forecasts range from $21.00 to $21.00. On average, they anticipate Triple-S Management's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 20.9% from the stock's current price. View Analyst Price Targets for Triple-S Management.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Triple-S Management in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Triple-S Management.

News articles about GTS stock have been trending somewhat negative on Tuesday, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Triple-S Management earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Triple-S Management.

Some companies that are related to Triple-S Management include UnitedHealth Group (UNH), Cigna (CI), Anthem (ANTM), Humana (HUM), Centene (CNC), WellCare Health Plans (WCG), Molina Healthcare (MOH) and Magellan Health (MGLN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Triple-S Management investors own include AutoNation (AN), Endologix (ELGX), Chipotle Mexican Grill (CMG), Apache (APA), Aegean Marine Petroleum Network (ANW), Transocean (RIG), Unilever (UL), First Busey (BUSE), Citigroup (C) and Newpark Resources (NR).

Triple-S Management's stock is owned by many different of institutional and retail investors. Top institutional investors include California Public Employees Retirement System (0.25%), Virginia Retirement Systems ET AL (0.14%), Strs Ohio (0.14%), Campbell & CO Investment Adviser LLC (0.07%) and Alpine Global Management LLC (0.04%). Company insiders that own Triple-S Management stock include Cari M Dominguez, David H Chafey Jr, Juan J Diaz, Luis A Clavell and Rodriguez Roberto Garcia. View Institutional Ownership Trends for Triple-S Management.

GTS stock was sold by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC, Strs Ohio and California Public Employees Retirement System. View Insider Buying and Selling for Triple-S Management.

GTS stock was purchased by a variety of institutional investors in the last quarter, including Virginia Retirement Systems ET AL and Alpine Global Management LLC. Company insiders that have bought Triple-S Management stock in the last two years include Cari M Dominguez, David H Chafey Jr, Luis A Clavell and Rodriguez Roberto Garcia. View Insider Buying and Selling for Triple-S Management.

Shares of GTS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of GTS stock can currently be purchased for approximately $17.37.

Triple-S Management has a market capitalization of $422.61 million and generates $3.00 billion in revenue each year. The company earns $-63,310,000.00 in net income (profit) each year or ($1.47) on an earnings per share basis. Triple-S Management employs 3,854 workers across the globe.View Additional Information About Triple-S Management.

The official website for Triple-S Management is http://www.triplesmanagement.com/.

Triple-S Management's mailing address is 1441 F.D. ROOSEVELT AVE., SAN JUAN PR, 00920. The company can be reached via phone at 787-749-4949 or via email at [email protected]