Triumph Financial’s earnings per share (EPS) for the quarter were $0.19, exceeding the expected $0.17 by $0.02. Their revenue was $125.57 million, surpassing forecasts of $106.29 million. The company reported a return on equity of 3.57% and a net margin of 6.05%. Last year, they had an EPS of $0.51.
Wall Street Analyst Insights
Several analysts have commented on TFIN. B. Riley maintained a “neutral” rating with a $65.00 price target on October 2nd. Piper Sandler increased their target from $60.00 to $65.00 and rated it “underweight” on July 19th. Stephens gave it an “equal weight” rating with a target of $74.00 on July 18th. DA Davidson raised their target from $74.00 to $84.00 with a “neutral” rating. Keefe, Bruyette & Woods downgraded it from “market perform” to “underperform,” lowering the target from $75.00 to $70.00. Currently, two analysts rate it a sell, while three have a hold rating, giving it a consensus rating of “Hold” with a target price of $71.60.
Insider Transactions
COO Edward Schreyer sold 6,128 shares at an average price of $81.41 on August 6th, totaling about $498,880. Following this sale, he owns 39,698 shares valued at approximately $3.23 million. Insiders hold about 6.15% of the company’s stock.
Institutional Trading
Various institutional investors have recently adjusted their holdings. Kayne Anderson Rudnick Investment Management raised its position by 258.3%, now holding 2,630,607 shares worth $215 million. Thrivent Financial increased its stake by 7.5%, now owning 1,142,820 shares valued at $93 million. Envestnet Asset Management boosted its stake by 108.3%, holding 149,150 shares worth $12 million. American Century Companies increased its holdings by 12.6%, owning 570,688 shares worth $46.65 million. Sei Investments Co.’s position grew by 96.7%, now holding 89,974 shares worth about $7.36 million. Overall, 91.11% of the stock is owned by institutional investors.
Stock Performance
Triumph Financial has a market cap of $2.09 billion, a P/E ratio of 81.33, and a beta of 1.20. Its quick and current ratios are both 0.99, with a debt-to-equity ratio of 0.05. The stock’s average prices over the last fifty and two hundred days are $80.88 and $79.02, respectively.
About Triumph Financial
Triumph Financial, Inc. is a financial holding company offering payment, factoring, and banking services in the U.S. It operates in Banking, Factoring, and Payments, providing various deposit and loan products.
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