Research Analysts Issue Forecasts for TFPM Q4 Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Analysts at Raymond James boosted their Q4 2024 EPS estimates for Triple Flag Precious Metals in a research note issued to investors on Wednesday, January 15th. Raymond James analyst B. Macarthur now anticipates that the company will earn $0.16 per share for the quarter, up from their previous forecast of $0.14. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.56 per share. Raymond James also issued estimates for Triple Flag Precious Metals’ Q4 2025 earnings at $0.18 EPS and FY2025 earnings at $0.68 EPS.

Separately, Jefferies Financial Group upped their target price on shares of Triple Flag Precious Metals from $20.00 to $22.00 and gave the company a “buy” rating in a research note on Friday, October 4th.

Triple Flag Precious Metals Price Performance

Triple Flag Precious Metals stock opened at $16.09 on Monday. Triple Flag Precious Metals has a 52-week low of $11.75 and a 52-week high of $18.88. The firm has a fifty day moving average of $15.94 and a 200-day moving average of $16.19. The firm has a market capitalization of $3.24 billion, a P/E ratio of -61.87, a PEG ratio of 0.67 and a beta of -0.09. The company has a quick ratio of 3.05, a current ratio of 3.18 and a debt-to-equity ratio of 0.02.

Triple Flag Precious Metals (NYSE:TFPM) last released its quarterly earnings data on Tuesday, November 5th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.01. Triple Flag Precious Metals had a negative net margin of 22.15% and a positive return on equity of 5.51%. The company had revenue of $73.67 million during the quarter. During the same period in the previous year, the company earned $0.09 EPS.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Point72 Asset Management L.P. bought a new position in Triple Flag Precious Metals during the 3rd quarter valued at $111,000. 1832 Asset Management L.P. bought a new position in shares of Triple Flag Precious Metals in the 2nd quarter worth about $165,000. XTX Topco Ltd bought a new position in shares of Triple Flag Precious Metals in the 3rd quarter worth about $220,000. Magnetar Financial LLC bought a new position in shares of Triple Flag Precious Metals in the 2nd quarter worth about $228,000. Finally, Virtu Financial LLC lifted its position in shares of Triple Flag Precious Metals by 6.0% in the 3rd quarter. Virtu Financial LLC now owns 15,066 shares of the company’s stock worth $244,000 after buying an additional 857 shares during the last quarter. 82.91% of the stock is currently owned by institutional investors.

Triple Flag Precious Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were paid a dividend of $0.055 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.22 dividend on an annualized basis and a yield of 1.37%. Triple Flag Precious Metals’s dividend payout ratio (DPR) is -84.62%.

Triple Flag Precious Metals Company Profile

Triple Flag Precious Metals Corp., a precious-metals-focused streaming and royalty company, engages in acquiring and managing precious metals, streams, royalties and other mineral interests in Australia, Canada, Colombia, Cote d'Ivoire, Honduras, Mexico, Mongolia, Peru, South Africa, the United States, and internationally.