Triple Flag Precious Metals Corp. (NYSE:TFPM – Free Report) – Analysts at Scotiabank dropped their FY2026 earnings per share estimates for shares of Triple Flag Precious Metals in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings per share of $0.69 for the year, down from their prior estimate of $0.75. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.71 per share.
Triple Flag Precious Metals (NYSE:TFPM – Get Free Report) last released its earnings results on Wednesday, February 19th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.16 by $0.02. The firm had revenue of $74.21 million during the quarter, compared to analyst estimates of $74.10 million. Triple Flag Precious Metals had a positive return on equity of 6.63% and a negative net margin of 8.58%.
Triple Flag Precious Metals Stock Up 0.8 %
Triple Flag Precious Metals Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, March 3rd were issued a $0.055 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.13%. Triple Flag Precious Metals’s dividend payout ratio (DPR) is -200.00%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Triple Flag Precious Metals during the 3rd quarter valued at about $811,000. Bank of Montreal Can raised its position in shares of Triple Flag Precious Metals by 151.1% during the 3rd quarter. Bank of Montreal Can now owns 367,936 shares of the company’s stock valued at $6,042,000 after acquiring an additional 221,389 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Triple Flag Precious Metals by 31.2% during the third quarter. The Manufacturers Life Insurance Company now owns 153,803 shares of the company’s stock worth $2,490,000 after purchasing an additional 36,548 shares during the period. FMR LLC raised its stake in Triple Flag Precious Metals by 8.9% during the third quarter. FMR LLC now owns 4,061,121 shares of the company’s stock worth $65,761,000 after acquiring an additional 333,574 shares during the period. Finally, Townsquare Capital LLC lifted its holdings in shares of Triple Flag Precious Metals by 66.7% in the 3rd quarter. Townsquare Capital LLC now owns 21,383 shares of the company’s stock worth $346,000 after purchasing an additional 8,552 shares during the last quarter. 82.91% of the stock is owned by institutional investors and hedge funds.
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.
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