Triple Flag Precious Metals Corp. to Post FY2025 Earnings of $0.68 Per Share, Raymond James Forecasts (NYSE:TFPM)

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Stock analysts at Raymond James increased their FY2025 earnings estimates for Triple Flag Precious Metals in a research note issued to investors on Thursday, October 10th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings of $0.68 per share for the year, up from their prior estimate of $0.67. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.54 per share.

Triple Flag Precious Metals (NYSE:TFPM) last announced its earnings results on Wednesday, August 7th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.01. The firm had revenue of $63.58 million during the quarter. Triple Flag Precious Metals had a negative net margin of 40.62% and a positive return on equity of 4.73%.

A number of other research analysts also recently commented on TFPM. Scotiabank increased their price target on Triple Flag Precious Metals from $20.00 to $21.00 and gave the company a “sector outperform” rating in a report on Monday, August 19th. Jefferies Financial Group upped their price objective on shares of Triple Flag Precious Metals from $20.00 to $22.00 and gave the stock a “buy” rating in a report 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 company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $20.50.

Triple Flag Precious Metals Trading Up 3.0 %

TFPM stock opened at $16.26 on Friday. The company has a quick ratio of 5.59, a current ratio of 5.80 and a debt-to-equity ratio of 0.01. Triple Flag Precious Metals has a 52 week low of $11.75 and a 52 week high of $18.08. The business has a fifty day simple moving average of $16.12 and a 200-day simple moving average of $15.94. The company has a market cap of $3.27 billion, a price-to-earnings ratio of 85.58, a PEG ratio of 1.08 and a beta of -0.14.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Van ECK Associates Corp lifted its holdings in shares of Triple Flag Precious Metals by 0.9% during the first quarter. Van ECK Associates Corp now owns 3,557,484 shares of the company’s stock worth $51,406,000 after buying an additional 30,758 shares during the last quarter. Cove Street Capital LLC lifted its holdings in shares of Triple Flag Precious Metals by 15.4% during the first quarter. Cove Street Capital LLC now owns 541,255 shares of the company’s stock valued at $7,821,000 after acquiring an additional 72,249 shares during the period. Tidal Investments LLC bought a new stake in shares of Triple Flag Precious Metals in the 1st quarter worth about $6,145,000. Dimensional Fund Advisors LP lifted its holdings in Triple Flag Precious Metals by 37.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 361,459 shares of the company’s stock valued at $5,602,000 after purchasing an additional 97,630 shares during the last quarter. Finally, Mountain Lake Investment Management LLC boosted its position in Triple Flag Precious Metals by 1.9% in the first quarter. Mountain Lake Investment Management LLC now owns 275,000 shares of the company’s stock valued at $3,974,000 after buying an additional 5,000 shares in the last quarter. 82.91% of the stock is owned by institutional investors and hedge funds.

Triple Flag Precious Metals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Friday, August 30th were paid a $0.055 dividend. This represents a $0.22 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend was Friday, August 30th. Triple Flag Precious Metals’s dividend payout ratio is currently 115.79%.

About Triple Flag Precious Metals

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.