Scotiabank Has Bullish Forecast for TFPM FY2026 Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Scotiabank increased their FY2026 earnings per share (EPS) estimates for Triple Flag Precious Metals in a report released on Thursday, March 5th. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings of $1.25 per share for the year, up from their previous forecast of $1.15. Scotiabank currently has a “Sector Perform” rating and a $43.00 price target 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 earnings results on Wednesday, February 18th. The company reported $0.33 earnings per share (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 for the quarter, compared to analysts’ expectations of $114.92 million.

A number of other equities analysts also recently commented on TFPM. Wall Street Zen raised shares of Triple Flag Precious Metals from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Zacks Research raised Triple Flag Precious Metals from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 10th. Weiss Ratings restated a “buy (b)” rating on shares of Triple Flag Precious Metals in a research note on Wednesday, January 21st. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Triple Flag Precious Metals in a research report on Wednesday, February 4th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Triple Flag Precious Metals in a report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $32.25.

Triple Flag Precious Metals Stock Performance

Shares of TFPM opened at $38.15 on Friday. The company has a 50 day moving average price of $36.49 and a 200-day moving average price of $32.24. Triple Flag Precious Metals has a fifty-two week low of $17.26 and a fifty-two week high of $41.70. The stock has a market capitalization of $7.88 billion, a PE ratio of 32.33, a PEG ratio of 2.06 and a beta of -0.28.

Triple Flag Precious Metals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be given a $0.0575 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.23 dividend on an annualized basis and a dividend yield of 0.6%. Triple Flag Precious Metals’s dividend payout ratio (DPR) is presently 19.49%.

Institutional Investors Weigh In On Triple Flag Precious Metals

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Triple Flag Precious Metals by 39.9% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,642,566 shares of the company’s stock valued at $77,373,000 after purchasing an additional 753,923 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Triple Flag Precious Metals by 25.3% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,628,151 shares of the company’s stock valued at $76,908,000 after purchasing an additional 530,357 shares during the period. Van ECK Associates Corp raised its stake in shares of Triple Flag Precious Metals by 10.8% in the third quarter. Van ECK Associates Corp now owns 2,555,954 shares of the company’s stock worth $75,244,000 after purchasing an additional 250,123 shares during the last quarter. Tidal Investments LLC increased its holdings in Triple Flag Precious Metals by 59.5% in the 3rd quarter. Tidal Investments LLC now owns 2,396,198 shares of the company’s stock worth $70,113,000 after buying an additional 893,566 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Triple Flag Precious Metals by 82.2% in the fourth quarter. Vanguard Group Inc. now owns 1,691,194 shares of the company’s stock worth $56,198,000 after acquiring an additional 762,826 shares during the period. 82.91% of the stock is currently owned by hedge funds and other institutional investors.

About Triple Flag Precious Metals

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.