Equities Analysts Issue Forecasts for Trisura Group Ltd.’s Q2 2024 Earnings (TSE:TSU)

Trisura Group Ltd. (TSE:TSU) – National Bank Financial increased their Q2 2024 earnings per share (EPS) estimates for Trisura Group in a research report issued on Sunday, May 5th. National Bank Financial analyst J. Gloyn now anticipates that the company will post earnings of $0.74 per share for the quarter, up from their previous forecast of $0.69. The consensus estimate for Trisura Group’s current full-year earnings is $2.70 per share. National Bank Financial also issued estimates for Trisura Group’s Q3 2024 earnings at $0.76 EPS, Q4 2024 earnings at $0.67 EPS, FY2024 earnings at $2.86 EPS and FY2025 earnings at $3.35 EPS.

Trisura Group (TSE:TSU) last released its earnings results on Thursday, February 8th. The company reported C$0.54 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.49 by C$0.05. The company had revenue of C$754.95 million during the quarter. Trisura Group had a return on equity of 12.03% and a net margin of 2.36%.

Several other research firms have also recently issued reports on TSU. Desjardins boosted their target price on Trisura Group from C$48.00 to C$53.00 and gave the company a “buy” rating in a research note on Monday. Royal Bank of Canada boosted their price objective on shares of Trisura Group from C$44.00 to C$52.00 and gave the company an “outperform” rating in a research report on Monday. National Bankshares upped their price objective on shares of Trisura Group from C$65.00 to C$67.00 and gave the stock an “outperform” rating in a report on Monday. Cormark lifted their target price on shares of Trisura Group from C$51.00 to C$52.00 and gave the company a “buy” rating in a research note on Monday, February 12th. Finally, Scotiabank boosted their price target on shares of Trisura Group from C$56.00 to C$59.00 in a research report on Friday, April 26th. Nine analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$57.56.

Trisura Group Trading Down 0.2 %

TSE:TSU opened at C$45.21 on Tuesday. The firm has a market capitalization of C$2.14 billion, a P/E ratio of 31.84 and a beta of 0.81. The company has a quick ratio of 0.22, a current ratio of 2.46 and a debt-to-equity ratio of 13.67. The company has a fifty day moving average of C$42.56 and a 200 day moving average of C$37.57. Trisura Group has a 52 week low of C$29.05 and a 52 week high of C$46.08.

Insider Activity at Trisura Group

In other news, Director Chris Yoshio Sekine sold 55,518 shares of the stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of C$43.23, for a total value of C$2,399,837.72. In other news, Director Chris Yoshio Sekine sold 55,518 shares of the company’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of C$43.23, for a total value of C$2,399,837.72. Also, Director Michael Beasley sold 38,822 shares of the firm’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of C$43.28, for a total value of C$1,680,022.05. Over the last 90 days, insiders sold 94,825 shares of company stock worth $4,100,283. 1.10% of the stock is owned by insiders.

About Trisura Group

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.