Raymond James Analysts Reduce Earnings Estimates for TFPM

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Analysts at Raymond James reduced their Q4 2024 earnings estimates for Triple Flag Precious Metals in a research note issued to investors on Tuesday, December 17th. Raymond James analyst B. Macarthur now expects that the company will earn $0.14 per share for the quarter, down from their prior estimate of $0.15. 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 $0.17 EPS.

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

Separately, Jefferies Financial Group boosted their price target on shares of Triple Flag Precious Metals from $20.00 to $22.00 and gave the stock a “buy” rating in a research note on Friday, October 4th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Triple Flag Precious Metals presently has a consensus rating of “Moderate Buy” and a consensus target price of $20.50.

Triple Flag Precious Metals Stock Performance

TFPM traded up $0.12 during trading on Thursday, hitting $15.53. The stock had a trading volume of 23,694 shares, compared to its average volume of 229,247. The firm has a market capitalization of $3.13 billion, a P/E ratio of -59.73, a PEG ratio of 0.86 and a beta of -0.18. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.05 and a current ratio of 3.18. Triple Flag Precious Metals has a twelve month low of $11.75 and a twelve month high of $18.88. The company’s 50-day moving average price is $16.85 and its 200 day moving average price is $16.22.

Institutional Trading of Triple Flag Precious Metals

Several hedge funds and other institutional investors have recently made changes to their positions in TFPM. Point72 Asset Management L.P. acquired a new position in Triple Flag Precious Metals during the third quarter worth $111,000. Versor Investments LP purchased a new stake in shares of Triple Flag Precious Metals in the 2nd quarter worth about $160,000. 1832 Asset Management L.P. acquired a new stake in Triple Flag Precious Metals in the 2nd quarter valued at about $165,000. CIBC Asset Management Inc purchased a new position in Triple Flag Precious Metals during the 2nd quarter valued at about $179,000. Finally, XTX Topco Ltd acquired a new position in Triple Flag Precious Metals during the third quarter worth about $220,000. Institutional investors and hedge funds own 82.91% of the company’s stock.

Triple Flag Precious Metals Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were issued a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend was Friday, November 29th. Triple Flag Precious Metals’s dividend payout ratio (DPR) is currently -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.