Raymond James Has Negative Outlook of TFPM FY2025 Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Raymond James dropped their FY2025 earnings estimates for Triple Flag Precious Metals in a research report issued to clients and investors on Tuesday, December 17th. Raymond James analyst B. Macarthur now expects that the company will post earnings of $0.66 per share for the year, down from their prior estimate of $0.68. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.56 per share.

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

Separately, Jefferies Financial Group raised their price objective on 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. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $20.50.

Triple Flag Precious Metals Stock Performance

Shares of NYSE:TFPM opened at $15.38 on Friday. The company’s 50 day simple moving average is $16.83 and its 200 day simple moving average is $16.21. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.18 and a quick ratio of 3.05. Triple Flag Precious Metals has a 1 year low of $11.75 and a 1 year high of $18.88. The stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of -59.15, a price-to-earnings-growth ratio of 0.86 and a beta of -0.18.

Triple Flag Precious Metals Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were given a $0.055 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.22 annualized dividend and a yield of 1.43%. Triple Flag Precious Metals’s dividend payout ratio is presently -84.62%.

Institutional Trading of Triple Flag Precious Metals

Several hedge funds and other institutional investors have recently made changes to their positions in TFPM. Tidal Investments LLC boosted its position in Triple Flag Precious Metals by 1.8% during the 3rd quarter. Tidal Investments LLC now owns 533,520 shares of the company’s stock worth $8,632,000 after buying an additional 9,184 shares during the period. Virtu Financial LLC grew its stake in shares of Triple Flag Precious Metals by 6.0% in the third quarter. Virtu Financial LLC now owns 15,066 shares of the company’s stock worth $244,000 after purchasing an additional 857 shares during the last quarter. Geode Capital Management LLC increased its holdings in Triple Flag Precious Metals by 148.3% in the third quarter. Geode Capital Management LLC now owns 64,744 shares of the company’s stock valued at $1,235,000 after purchasing an additional 38,673 shares during the period. Barclays PLC raised its position in Triple Flag Precious Metals by 21.5% during the 3rd quarter. Barclays PLC now owns 142,444 shares of the company’s stock worth $2,304,000 after purchasing an additional 25,220 shares during the last quarter. Finally, Orion Portfolio Solutions LLC lifted its holdings in Triple Flag Precious Metals by 103.4% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 46,902 shares of the company’s stock worth $759,000 after buying an additional 23,840 shares during the period. 82.91% of the stock is currently owned by institutional investors.

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.