Should I buy or sell Triple Flag Precious Metals stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Triple Flag Precious Metals in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TFPM shares. View TFPM analyst ratings or view top-rated stocks .

What is Triple Flag Precious Metals' stock price target for 2024?

4 Wall Street research analysts have issued 1 year price objectives for Triple Flag Precious Metals' stock. Their TFPM share price targets range from $16.00 to $16.00. On average, they expect the company's share price to reach $16.00 in the next twelve months. This suggests a possible upside of 15.2% from the stock's current price. View analysts price targets for TFPM or view top-rated stocks among Wall Street analysts .

How have TFPM shares performed in 2023?

Triple Flag Precious Metals' stock was trading at $13.76 at the beginning of 2023. Since then, TFPM shares have increased by 0.9% and is now trading at $13.89. View the best growth stocks for 2023 here .

When is Triple Flag Precious Metals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024. View our TFPM earnings forecast .

How were Triple Flag Precious Metals' earnings last quarter?

Triple Flag Precious Metals Corp. (NYSE:TFPM) announced its earnings results on Tuesday, November, 7th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.08 by $0.01. The firm earned $49.43 million during the quarter. Triple Flag Precious Metals had a net margin of 21.40% and a trailing twelve-month return on equity of 3.93%.

How often does Triple Flag Precious Metals pay dividends? What is the dividend yield for Triple Flag Precious Metals?

Triple Flag Precious Metals declared a quarterly dividend on Tuesday, November 7th. Investors of record on Thursday, November 30th will be given a dividend of $0.052 per share on Friday, December 15th. This represents a $0.21 annualized dividend and a yield of 1.50%. The ex-dividend date is Wednesday, November 29th. Read our dividend analysis for TFPM .

Is Triple Flag Precious Metals a good dividend stock?

Triple Flag Precious Metals (NYSE:TFPM) pays an annual dividend of $0.21 per share and currently has a dividend yield of 1.51%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 87.50%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, TFPM will have a dividend payout ratio of 43.75% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TFPM .

Who are Triple Flag Precious Metals' major shareholders?

Triple Flag Precious Metals' stock is owned by a number of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (1.65%), Sprott Inc. (1.64%), FMR LLC (1.38%), Mirae Asset Global Investments Co. Ltd. (0.79%), Invesco Ltd. (0.77%) and Ninety One UK Ltd (0.74%).

How do I buy shares of Triple Flag Precious Metals?

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

Triple Flag Precious Metals Stock Price, News & Analysis (NYSE:TFPM)

$13.89

-0.05 (-0.36%)

(As of 12/1/2023 ET)

Compare

Today's Range: $13.71
▼
$14.10
50-Day Range: $11.96
▼
$13.93
52-Week Range: $11.85
▼
$17.33

Volume: 275,676 shs
Average Volume: 131,841 shs
Market Capitalization: $2.80 billion

P/E Ratio: 57.88
Dividend Yield: 1.51%
Price Target: $16.00

Triple Flag Precious Metals MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 15.2% Upside
$16.00 Price Target
Short Interest: Healthy
0.22% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 41.18%
From $0.34 to $0.48 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.60 out of 5 stars

Basic Materials Sector

35th out of 170 stocks

Miscellaneous Investing Industry

2nd out of 4 stocks

2.5

Analyst's Opinion

Consensus Rating
Triple Flag Precious Metals has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.00, Triple Flag Precious Metals has a forecasted upside of 15.2% from its current price of $13.89.
Amount of Analyst Coverage
Triple Flag Precious Metals has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
0.22% of the float of Triple Flag Precious Metals has been sold short.
Short Interest Ratio / Days to Cover
Triple Flag Precious Metals has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Triple Flag Precious Metals has recently decreased by 3.54%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Yield
Triple Flag Precious Metals pays a meaningful dividend of 1.51%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Triple Flag Precious Metals has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Triple Flag Precious Metals is 87.50%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Triple Flag Precious Metals will have a dividend payout ratio of 43.75% next year. This indicates that Triple Flag Precious Metals will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TFPM.

2.3

News and Social Media Coverage

News Sentiment
Triple Flag Precious Metals has a news sentiment score of 1.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.33 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Triple Flag Precious Metals this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for TFPM on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 69 people have added Triple Flag Precious Metals to their MarketBeat watchlist in the last 30 days. This is a decrease of -42% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Triple Flag Precious Metals insiders have not sold or bought any company stock.
Percentage Held by Institutions
80.91% of the stock of Triple Flag Precious Metals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Triple Flag Precious Metals are expected to grow by 41.18% in the coming year, from $0.34 to $0.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Triple Flag Precious Metals is 57.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of Triple Flag Precious Metals is 57.88, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 91.74.
Price to Earnings Growth Ratio
Triple Flag Precious Metals has a PEG Ratio of 5.36. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Triple Flag Precious Metals has a P/B Ratio of 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Triple Flag Precious Metals Stock (NYSE:TFPM)

Triple Flag Precious Metals Corp., a gold-focused streaming and royalty company, engages in acquiring and managing precious metals and other streams and royalties in Australia, Canada, Colombia, Mongolia, Peru, South Africa, and the United States. The company has a portfolio of streams and royalties providing exposure primarily to gold and silver. The company was founded in 2016 and is headquartered in Toronto, Canada.

TFPM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TFPM Stock News Headlines

December 1, 2023 | americanbankingnews.com

Triple Flag Precious Metals Corp. (NYSE:TFPM) Receives Average Recommendation of "Buy" from Brokerages

November 12, 2023 | ca.investing.com

Earnings call: Triple Flag reports strong Q3 performance, optimistic about future growth

December 2, 2023 | DTI Trader (Ad)

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November 7, 2023 | juniorminingnetwork.com

Triple Flag Precious Metals Announces Q3 2023 Results – On Track to Achieve Guidance

November 7, 2023 | finance.yahoo.com

Triple Flag Declares Q4 2023 Dividend

November 7, 2023 | finance.yahoo.com

Triple Flag Announces Q3 2023 Results – On Track to Achieve Guidance

November 1, 2023 | morningstar.com

Triple Flag Precious Metals Corp TFPM

October 11, 2023 | marketwatch.com

Triple Flag Precious Metals Preliminary 3Q Revenue Misses Estimates

December 2, 2023 | DTI Trader (Ad)

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October 11, 2023 | finance.yahoo.com

Triple Flag Announces Metals Sales for Q3 2023 and Results Release Date

October 11, 2023 | fool.com

Triple Flag Precious Metals (NYSE: TFPM)

October 5, 2023 | markets.businessinsider.com

RBC Capital Maintains a Buy Rating on Triple Flag Precious Metals (TFPM)

August 30, 2023 | msn.com

Triple Flag: The Best Mid-Size Royalty Company Reasonably Priced

August 14, 2023 | seekingalpha.com

Triple Flag: Another Record Quarter

August 8, 2023 | finance.yahoo.com

Triple Flag Announces Record Q2 2023 Results and Dividend Increase

August 8, 2023 | finance.yahoo.com

Triple Flag Declares Q3 2023 Increased Dividend

August 3, 2023 | theglobeandmail.com

Closing Bell: Triple Flag Precious Metals Corp down on Tuesday (TFPM)

July 25, 2023 | finance.yahoo.com

Investors in Triple Flag Precious Metals (TSE:TFPM) have seen favorable returns of 39% over the past year

July 18, 2023 | markets.businessinsider.com

RBC Capital Remains a Buy on Triple Flag Precious Metals (TFPM)

July 11, 2023 | finance.yahoo.com

Triple Flag Announces Record Metals Sales for Q2 2023 and Results Release Date

July 5, 2023 | finance.yahoo.com

Triple Flag Publishes 2022 Sustainability Report

June 12, 2023 | finance.yahoo.com

Implied Volatility Surging for Triple Flag (TFPM) Stock Options

May 31, 2023 | proactiveinvestors.com

Clean Air Metals' operations are funded into 2024, CEO says

May 26, 2023 | seekingalpha.com

Triple Flag: A Solid Q1 Despite Slow Start From Core-4 Assets

May 23, 2023 | finance.yahoo.com

A Look At The Intrinsic Value Of Triple Flag Precious Metals Corp. (TSE:TFPM)

May 15, 2023 | seekingalpha.com

Triple Flag Precious Metals Corp. 2023 Q1 - Results - Earnings Call Presentation

May 10, 2023 | benzinga.com

Triple Flag Precious Stock (NYSE:TFPM), Guidance and Forecast

See More Headlines

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Company Calendar

Ex-Dividend for 9/15 Dividend: 8/30/2023
Dividend Payable: 9/15/2023
Last Earnings: 11/07/2023
Ex-Dividend for 12/15 Dividend: 11/29/2023
Today: 12/02/2023
Dividend Payable: 12/15/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/20/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Miscellaneous investing
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSE:TFPM
CUSIP: N/A
CIK: 1829726
Web: www.tripleflagpm.com
Phone: 416-304-9741
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $16.00
High Stock Price Target: $16.00
Low Stock Price Target: $16.00
Potential Upside/Downside: +15.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.24
Trailing P/E Ratio: 57.88
Forward P/E Ratio: 40.85
P/E Growth: 5.36
Net Income: $55.09 million
Net Margins: 21.40%
Pretax Margin: 21.00%
Return on Equity: 3.93%
Return on Assets: 3.77%

Debt

Debt-to-Equity Ratio: 0.04
Current Ratio: 3.84
Quick Ratio: 3.84

Sales & Book Value

Annual Sales: $151.88 million
Price / Sales: 18.43
Cash Flow: $0.72 per share
Price / Cash Flow: 19.32
Book Value: $9.04 per share
Price / Book: 1.54

Miscellaneous

Outstanding Shares: 201,570,000
Free Float: N/A
Market Cap: $2.80 billion
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Shaun A. Usmar B.Sc. (Age 53)
eng., MBA, Founder, CEO & Director
Comp: $2.18M
Mr. Sheldon Vanderkooy (Age 50)
Chief Financial Officer
Comp: $904.46k
Mr. James Edward Dendle M.Sc. (Age 36)
P.Geo., Senior Vice President of Corporate Development
Comp: $622.04k
Ms. Katy Board (Age 43)
Vice President of Talent & ESG
Comp: $400.99k
Mr. Eban Bari (Age 48)
Vice President of Finance
Comp: $400.99k
Mr. David M. Lee C.F.A. (Age 61)
Vice President of Investor Relations
Mr. Charles Warren Beil (Age 43)
General Counsel
Ms. Leshan Daniel (Age 43)
Managing Director of Finance

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

TFPM Stock Analysis - Frequently Asked Questions

Should I buy or sell Triple Flag Precious Metals stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Triple Flag Precious Metals in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TFPM shares.
View TFPM analyst ratings or view top-rated stocks.
What is Triple Flag Precious Metals' stock price target for 2024?: 4 Wall Street research analysts have issued 1 year price objectives for Triple Flag Precious Metals' stock. Their TFPM share price targets range from $16.00 to $16.00. On average, they expect the company's share price to reach $16.00 in the next twelve months. This suggests a possible upside of 15.2% from the stock's current price.
View analysts price targets for TFPM or view top-rated stocks among Wall Street analysts.
How have TFPM shares performed in 2023?: Triple Flag Precious Metals' stock was trading at $13.76 at the beginning of 2023. Since then, TFPM shares have increased by 0.9% and is now trading at $13.89.
View the best growth stocks for 2023 here.
When is Triple Flag Precious Metals' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024.
View our TFPM earnings forecast.
How were Triple Flag Precious Metals' earnings last quarter?: Triple Flag Precious Metals Corp. (NYSE:TFPM) announced its earnings results on Tuesday, November, 7th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.08 by $0.01. The firm earned $49.43 million during the quarter. Triple Flag Precious Metals had a net margin of 21.40% and a trailing twelve-month return on equity of 3.93%.

How often does Triple Flag Precious Metals pay dividends? What is the dividend yield for Triple Flag Precious Metals?: Triple Flag Precious Metals declared a quarterly dividend on Tuesday, November 7th. Investors of record on Thursday, November 30th will be given a dividend of $0.052 per share on Friday, December 15th. This represents a $0.21 annualized dividend and a yield of 1.50%. The ex-dividend date is Wednesday, November 29th.
Read our dividend analysis for TFPM.
Is Triple Flag Precious Metals a good dividend stock?: Triple Flag Precious Metals (NYSE:TFPM) pays an annual dividend of $0.21 per share and currently has a dividend yield of 1.51%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 87.50%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, TFPM will have a dividend payout ratio of 43.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TFPM.
Who are Triple Flag Precious Metals' major shareholders?: Triple Flag Precious Metals' stock is owned by a number of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (1.65%), Sprott Inc. (1.64%), FMR LLC (1.38%), Mirae Asset Global Investments Co. Ltd. (0.79%), Invesco Ltd. (0.77%) and Ninety One UK Ltd (0.74%).
How do I buy shares of Triple Flag Precious Metals?: Shares of TFPM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:TFPM) was last updated on 12/2/2023 by MarketBeat.com Staff

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