Triumph Financial (NASDAQ:TFIN) Issues Earnings Results, Misses Expectations By $0.10 EPS

Triumph Financial (NASDAQ:TFIN) released its quarterly earnings results on Wednesday. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.10), Zacks reports. Triumph Financial had a return on equity of 1.93% and a net margin of 3.30%.

Triumph Financial Stock Performance

Shares of TFIN stock opened at $78.86 on Friday. The company has a market cap of $1.84 billion, a P/E ratio of 146.04 and a beta of 1.24. The business has a 50 day moving average of $96.15 and a two-hundred day moving average of $88.68. Triumph Financial has a 52 week low of $66.85 and a 52 week high of $110.58. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.05.

Analyst Upgrades and Downgrades

TFIN has been the topic of several recent analyst reports. Stephens reiterated an “equal weight” rating and issued a $109.00 price target on shares of Triumph Financial in a research note on Thursday. DA Davidson increased their target price on Triumph Financial from $74.00 to $84.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. Finally, B. Riley restated a “neutral” rating and issued a $65.00 price target on shares of Triumph Financial in a research note on Wednesday, October 2nd. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $78.60.

Insider Buying and Selling

In related news, CEO Aaron P. Graft sold 13,500 shares of the stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $106.36, for a total value of $1,435,860.00. Following the sale, the chief executive officer now owns 151,533 shares of the company’s stock, valued at $16,117,049.88. This trade represents a 8.18 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 6.15% of the stock is owned by company insiders.

About Triumph Financial

Triumph Financial, Inc, a financial holding company, provides various payments, factoring, and banking services in the United States. It operates through Banking, Factoring, and Payments segments. The company offers deposit products, including checking, savings, money market and certificates of deposit; and loan products, such as commercial real estate, land, commercial construction and land development, residential real estate, commercial agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans.