Q3 Earnings Estimate for Trisura Group Issued By Desjardins

Trisura Group Ltd. (TSE:TSU) – Equities researchers at Desjardins decreased their Q3 2024 earnings per share estimates for Trisura Group in a note issued to investors on Tuesday, October 22nd. Desjardins analyst D. Young now expects that the company will post earnings per share of $0.64 for the quarter, down from their prior forecast of $0.73. The consensus estimate for Trisura Group’s current full-year earnings is $3.13 per share.

Trisura Group (TSE:TSU) last announced its quarterly earnings data 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). The firm had revenue of C$772.20 million for the quarter. Trisura Group had a net margin of 2.92% and a return on equity of 14.65%.

A number of other brokerages have also recently issued reports on TSU. Scotiabank upped their price objective on shares of Trisura Group from C$62.00 to C$63.00 and gave the company an “outperform” rating in a research note on Friday, August 2nd. TD Securities set a C$52.00 price target on shares of Trisura Group and gave the stock a “buy” rating in a research note on Thursday, September 19th. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$57.44.

Trisura Group Stock Down 0.2 %

Shares of TSU opened at C$42.02 on Friday. The firm has a market cap of C$2.00 billion, a P/E ratio of 22.59 and a beta of 0.82. Trisura Group has a 1 year low of C$29.39 and a 1 year high of C$46.75. The stock has a 50 day simple moving average of C$42.12 and a two-hundred day simple moving average of C$42.26. The company has a debt-to-equity ratio of 15.83, a current ratio of 76.83 and a quick ratio of 0.22.

Insiders Place Their Bets

In other news, Director David James Clare sold 2,907 shares of the company’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of C$41.76, for a total transaction of C$121,396.32. In other news, Director David James Clare sold 2,907 shares of the business’s stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of C$41.76, for a total transaction of C$121,396.32. Also, Director Michael Beasley sold 33,176 shares of the company’s stock in a transaction that occurred on 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. Insiders own 1.09% of the company’s stock.

Trisura Group Company Profile

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.