Scotiabank Has Optimistic Outlook of TFPM FY2026 Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Equities research analysts at Scotiabank boosted their FY2026 earnings per share (EPS) estimates for Triple Flag Precious Metals in a report issued on Thursday, March 5th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings of $1.25 per share for the year, up from their prior forecast of $1.15. Scotiabank currently has a “Sector Perform” rating and a $43.00 target price on the stock. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.71 per share.

Triple Flag Precious Metals (NYSE:TFPM) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.32 by $0.01. Triple Flag Precious Metals had a net margin of 61.74% and a return on equity of 10.82%. The company had revenue of $118.92 million during the quarter, compared to analyst estimates of $114.92 million.

TFPM has been the subject of several other research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Triple Flag Precious Metals in a report on Wednesday, January 21st. Zacks Research upgraded shares of Triple Flag Precious Metals from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 10th. Wall Street Zen upgraded Triple Flag Precious Metals from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. BMO Capital Markets restated a “market perform” rating on shares of Triple Flag Precious Metals in a report on Thursday, January 15th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Triple Flag Precious Metals in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $32.25.

Triple Flag Precious Metals Price Performance

NYSE TFPM opened at $38.15 on Friday. The stock’s 50 day simple moving average is $36.49 and its 200-day simple moving average is $32.24. The company has a market cap of $7.88 billion, a PE ratio of 32.33, a price-to-earnings-growth ratio of 2.06 and a beta of -0.28. Triple Flag Precious Metals has a 1-year low of $17.26 and a 1-year high of $41.70.

Triple Flag Precious Metals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be paid a dividend of $0.0575 per share. This represents a $0.23 annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, March 2nd. Triple Flag Precious Metals’s dividend payout ratio (DPR) is currently 19.49%.

Institutional Trading of Triple Flag Precious Metals

Institutional investors and hedge funds have recently made changes to their positions in the company. PFG Investments LLC increased its position in Triple Flag Precious Metals by 3.1% during the fourth quarter. PFG Investments LLC now owns 9,149 shares of the company’s stock worth $304,000 after buying an additional 279 shares during the period. Linden Thomas Advisory Services LLC increased its holdings in shares of Triple Flag Precious Metals by 4.2% in the 4th quarter. Linden Thomas Advisory Services LLC now owns 7,253 shares of the company’s stock valued at $241,000 after acquiring an additional 290 shares during the period. Public Employees Retirement System of Ohio raised its position in Triple Flag Precious Metals by 2.2% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 16,751 shares of the company’s stock valued at $491,000 after purchasing an additional 368 shares during the last quarter. Caitlin John LLC grew its position in Triple Flag Precious Metals by 11.2% during the 4th quarter. Caitlin John LLC now owns 3,730 shares of the company’s stock worth $124,000 after purchasing an additional 375 shares during the last quarter. Finally, Blue Trust Inc. grew its position in Triple Flag Precious Metals by 4.2% during the 4th quarter. Blue Trust Inc. now owns 15,163 shares of the company’s stock worth $504,000 after purchasing an additional 609 shares during the last quarter. 82.91% of the stock is owned by hedge funds and other institutional investors.

Triple Flag Precious Metals Company Profile

Triple Flag Precious Metals Corp. is a Toronto-based precious metals streaming and royalty company traded on the New York Stock Exchange under the ticker TFPM. The company specializes in providing upfront financing to mining operators in exchange for the right to purchase a fixed percentage of future gold and silver production at discounted prices. By structuring these streaming and royalty agreements, Triple Flag Precious Metals aims to optimize its capital deployment and maintain a predictable cost profile while benefitting from upside in precious metal prices.

Since its formation in mid-2022, Triple Flag Precious Metals has established a diversified portfolio of streaming and royalty assets across a variety of jurisdictions.