Trisura Group (TSU) Set to Announce Quarterly Earnings on Thursday

Trisura Group (TSE:TSU) is set to announce its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of C$0.68 per share for the quarter.

Trisura Group (TSE:TSU) last announced its earnings results on Thursday, August 1st. The company reported C$0.65 EPS for the quarter, missing the consensus estimate of C$0.66 by C($0.01). Trisura Group had a return on equity of 14.65% and a net margin of 2.92%. The company had revenue of C$772.20 million for the quarter.

Trisura Group Trading Down 1.6 %

TSE TSU opened at C$41.20 on Friday. Trisura Group has a 12 month low of C$30.11 and a 12 month high of C$46.75. The company has a current ratio of 76.83, a quick ratio of 0.22 and a debt-to-equity ratio of 15.83. The firm has a market capitalization of C$1.96 billion, a PE ratio of 22.15 and a beta of 0.82. The business’s 50-day moving average price is C$42.11 and its two-hundred day moving average price is C$42.28.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Scotiabank boosted their price target on shares of Trisura Group from C$62.00 to C$63.00 and gave the stock an “outperform” rating in a research report on Friday, August 2nd. TD Securities set a C$52.00 price target on Trisura Group and gave the company a “buy” rating in a research note on Thursday, September 19th. Nine research analysts have rated the stock with a buy rating, According to MarketBeat.com, Trisura Group presently has an average rating of “Buy” and an average target price of C$57.44.

Insider Buying and Selling at Trisura Group

In related news, Director Michael Beasley sold 33,176 shares of the business’s stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of C$39.95, for a total value of C$1,325,530.49. In other Trisura Group news, Director Michael Beasley sold 33,176 shares of the stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of C$39.95, for a total transaction of C$1,325,530.49. Also, Director David James Clare sold 2,907 shares of the firm’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of C$41.76, for a total value of C$121,396.32. Company insiders own 1.09% of the company’s stock.

About Trisura Group

Trisura Group Ltd., a specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada, the United States, and internationally. The company operates through Trisura Canada and Trisura the United States segments. It also offers risk solutions, fronting, and insurance products, as well as provides business underwriting services.