Raymond James Analysts Boost Earnings Estimates for Trisura Group Ltd. (TSE:TSU)

Trisura Group Ltd. (TSE:TSU) – Equities research analysts at Raymond James lifted their FY2024 earnings per share estimates for shares of Trisura Group in a report issued on Thursday, August 1st. Raymond James analyst S. Boland now forecasts that the company will post earnings of $2.69 per share for the year, up from their previous estimate of $2.52. The consensus estimate for Trisura Group’s current full-year earnings is $2.75 per share. Raymond James also issued estimates for Trisura Group’s FY2025 earnings at $2.96 EPS.

Other equities analysts have also recently issued research reports about the company. Scotiabank increased their target price on Trisura Group from C$62.00 to C$63.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. National Bankshares boosted their target price on Trisura Group from C$65.00 to C$67.00 and gave the company an “outperform” rating in a research note on Monday, May 6th. CIBC raised their price target on shares of Trisura Group from C$55.00 to C$60.00 and gave the stock an “outperform” rating in a research note on Friday, May 3rd. BMO Capital Markets boosted their price objective on shares of Trisura Group from C$52.00 to C$54.00 in a research report on Monday, May 6th. Finally, Desjardins increased their target price on shares of Trisura Group from C$48.00 to C$53.00 and gave the stock a “buy” rating in a report on Monday, May 6th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average price target of C$58.00.

Trisura Group Stock Down 3.0 %

Shares of TSU stock opened at C$41.93 on Monday. Trisura Group has a 12-month low of C$29.05 and a 12-month high of C$46.75. The company has a quick ratio of 0.22, a current ratio of 63.09 and a debt-to-equity ratio of 12.85. The firm has a fifty day moving average of C$42.41 and a 200-day moving average of C$41.94. The company has a market capitalization of C$1.99 billion, a price-to-earnings ratio of 22.19 and a beta of 0.81.

Insider Activity at Trisura Group

In other news, Director Chris Yoshio Sekine sold 2,800 shares of the business’s stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of C$42.16, for a total transaction of C$118,048.00. In other Trisura Group news, Director Robert Edward Taylor bought 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 4th. The shares were acquired at an average cost of C$42.11 per share, with a total value of C$126,330.00. Also, Director Chris Yoshio Sekine sold 2,800 shares of the firm’s stock in a transaction on Thursday, June 20th. The shares were sold at an average price of C$42.16, for a total value of C$118,048.00. 1.10% of the stock is owned by company insiders.

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.