What is Scotiabank’s Forecast for TFPM FY2026 Earnings?

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Equities researchers at Scotiabank raised their FY2026 earnings estimates for Triple Flag Precious Metals in a report released on Wednesday, August 19th. Scotiabank analyst T. Jakusconek now expects that the company will post earnings per share of $1.35 for the year, up from their previous forecast of $1.25. Scotiabank has a “Sector Perform” rating and a $39.00 price objective on the stock. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $1.40 per share.

Triple Flag Precious Metals (NYSE:TFPM) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.06. Triple Flag Precious Metals had a net margin of 84.32% and a return on equity of 14.09%. The company had revenue of $129.20 million for the quarter, compared to analyst estimates of $129.20 million.

Several other equities research analysts also recently issued reports on the stock. BMO Capital Markets reaffirmed a “market perform” rating on shares of Triple Flag Precious Metals in a research note on Friday, June 12th. Jefferies Financial Group decreased their price objective on shares of Triple Flag Precious Metals from $43.00 to $40.00 and set a “buy” rating for the company in a research report on Monday, July 6th. Canaccord Genuity Group upgraded Triple Flag Precious Metals from a “hold” rating to a “buy” rating in a research note on Friday, June 12th. Weiss Ratings lowered Triple Flag Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 12th. Finally, Bank of America cut their price target on Triple Flag Precious Metals from $39.00 to $37.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Triple Flag Precious Metals presently has an average rating of “Moderate Buy” and an average price target of $38.67.

Triple Flag Precious Metals Trading Up 1.8%

Shares of TFPM stock opened at $33.32 on Friday. The firm has a fifty day simple moving average of $29.82 and a 200-day simple moving average of $32.72. The company has a market capitalization of $6.86 billion, a PE ratio of 16.74, a price-to-earnings-growth ratio of 2.95 and a beta of -0.18. Triple Flag Precious Metals has a twelve month low of $25.36 and a twelve month high of $41.70.

Hedge Funds Weigh In On Triple Flag Precious Metals

Several large investors have recently modified their holdings of TFPM. Banque Cantonale Vaudoise acquired a new position in Triple Flag Precious Metals in the first quarter worth about $33,000. Quarry LP bought a new stake in Triple Flag Precious Metals in the third quarter valued at about $33,000. EverSource Wealth Advisors LLC raised its stake in Triple Flag Precious Metals by 120.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,217 shares of the company’s stock valued at $40,000 after buying an additional 664 shares in the last quarter. Fiduciary Financial Advisors acquired a new stake in Triple Flag Precious Metals during the second quarter valued at approximately $47,000. Finally, First Bancorp Inc ME bought a new position in Triple Flag Precious Metals during the 2nd quarter worth approximately $71,000. Institutional investors own 82.91% of the company’s stock.

Triple Flag Precious Metals Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, August 31st. This is an increase from Triple Flag Precious Metals’s previous quarterly dividend of $0.06. Triple Flag Precious Metals’s payout ratio is presently 11.56%.

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.