FY2024 EPS Estimates for Trisura Group Lowered by Analyst

Trisura Group Ltd. (TSE:TSU) – Investment analysts at National Bank Financial decreased their FY2024 earnings estimates for shares of Trisura Group in a research note issued to investors on Sunday, November 10th. National Bank Financial analyst J. Gloyn now anticipates that the company will earn $2.59 per share for the year, down from their prior forecast of $2.63. The consensus estimate for Trisura Group’s current full-year earnings is $3.13 per share. National Bank Financial also issued estimates for Trisura Group’s Q4 2024 earnings at $0.58 EPS, FY2025 earnings at $3.04 EPS and FY2026 earnings at $3.71 EPS.

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

Trisura Group Stock Performance

TSU stock opened at C$40.99 on Tuesday. Trisura Group has a 1-year low of C$30.82 and a 1-year high of C$46.75. The company has a current ratio of 76.83, a quick ratio of 0.22 and a debt-to-equity ratio of 15.83. The firm has a market cap of C$1.95 billion, a PE ratio of 22.04 and a beta of 0.82. The business’s 50-day moving average price is C$42.19 and its two-hundred day moving average price is C$42.31.

Insider Buying and Selling at Trisura Group

In other news, Director Michael Beasley sold 33,176 shares of the firm’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 transaction of C$1,325,530.49. In related news, Director David James Clare sold 2,907 shares of Trisura Group stock in a transaction dated Friday, August 30th. The stock was sold at an average price of C$41.76, for a total value of C$121,396.32. Also, Director Michael Beasley sold 33,176 shares of the 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. Company 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.