Triumph Financial reported an EPS of $0.19 for the quarter, exceeding expectations of $0.17. The company generated $125.57 million in revenue, outperforming estimates of $106.29 million. They have a return on equity of 3.57% and a net margin of 6.05%. Last year, their EPS was $0.51.
Wall Street Analysts’ Opinions
Several research firms have weighed in on Triumph Financial. B. Riley maintained a “neutral” rating with a target price of $65.00, while Piper Sandler raised their target from $60.00 to $65.00, giving an “underweight” rating. Stephens kept an “equal weight” rating with a price objective of $74.00. DA Davidson increased their target from $74.00 to $84.00, and Keefe, Bruyette & Woods downgraded their rating to “underperform” with a target of $70.00. Currently, there are two sell ratings and three hold ratings, with a consensus rating of “Hold” and a target price of $71.60 according to MarketBeat.
Insider Activity
COO Edward Joseph Schreyer sold 6,128 shares on August 6th for about $498,880, reducing his ownership slightly. After the sale, he holds 39,698 shares valued at over $3.2 million. Insiders control 6.15% of the company’s shares.
Institutional Investments
Institutional investors have adjusted their holdings in Triumph Financial. Kayne Anderson Rudnick increased their stake by 258.3%, owning 2.63 million shares. Other firms like Thrivent Financial, Envestnet Asset Management, American Century Companies, and Sei Investments also boosted their positions, making institutional ownership about 91.11%.
Stock Overview
Triumph Financial has a market cap of $2.09 billion, a P/E ratio of 81.33, and a beta of 1.20. Their quick and current ratios are both 0.99, and their debt-to-equity ratio is 0.05. The stock’s 50-day moving average is $80.88 and the 200-day moving average is $79.02.
Company Profile
Triumph Financial, Inc. provides varied financial services including banking, factoring, and payment solutions across the U.S. They offer various deposit and loan products.
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