FY2024 EPS Estimates for Trisura Group Raised by Analyst

Trisura Group Ltd. (TSE:TSU) – Research analysts at National Bank Financial boosted their FY2024 earnings per share estimates for Trisura Group in a research note issued to investors on Sunday, February 2nd. National Bank Financial analyst J. Gloyn now expects that the company will post earnings per share of $2.74 for the year, up from their previous estimate of $2.59. 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 $0.72 EPS.

Trisura Group (TSE:TSU) last released its quarterly earnings results on Thursday, November 7th. The company reported C$0.68 earnings per share for the quarter, hitting the consensus estimate of C$0.68. Trisura Group had a return on equity of 14.65% and a net margin of 2.92%. During the same quarter in the prior year, the business earned $0.67 earnings per share.

Separately, CIBC lowered their price objective on Trisura Group from C$60.00 to C$50.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Trisura Group has an average rating of “Buy” and a consensus target price of C$56.33.

Trisura Group Price Performance

Shares of TSE:TSU opened at C$33.00 on Wednesday. The company has a market cap of C$1.57 billion, a P/E ratio of 17.74 and a beta of 0.82. The company has a quick ratio of 0.22, a current ratio of 76.83 and a debt-to-equity ratio of 15.83. Trisura Group has a 52 week low of C$31.74 and a 52 week high of C$46.75. The business has a fifty day simple moving average of C$37.75 and a 200-day simple moving average of C$40.51.

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.