Triumph Financial (NASDAQ:TFIN) announced its quarterly earnings on July 17. The company reported an earnings per share (EPS) of $0.08, which was below the expected $0.21. Their revenue was $124.18 million, exceeding predictions of $103.43 million. Last year, they had an EPS of $0.29. Analysts forecast an EPS of $1 for the current year and $2 for the next.
Stock Performance
The TFIN stock opened at $79.07 with a market cap of $1.85 billion. It has a P/E ratio of 71.88 and a beta of 1.20. The stock has a debt-to-equity ratio of 0.05 and has fluctuated between a 1-year low of $56.91 and a high of $95.46.
Insider Trading
On August 6, COO Edward Joseph Schreyer sold 6,128 shares at an average price of $81.41, totaling approximately $498,880. After the sale, he owns 39,698 shares, valued at about $3.23 million. Insiders hold 6.15% of the company’s shares.
Analyst Ratings
Recent ratings for TFIN include:
- Keefe, Bruyette & Woods downgraded to “underperform” with a target of $70.
- B. Riley maintains a “neutral” rating with a target of $65.
- Piper Sandler raised their target from $60 to $65 with an “underweight” rating.
- DA Davidson increased their target from $68 to $74 with a “neutral” rating.
- Stephens restated an “equal weight” rating with a $74 target.
Overall, the consensus rating is “Hold” with an average target of $69.60.
Company Overview
Triumph Financial, Inc. provides payment, factoring, and banking services in the U.S. They offer various deposit and loan products, including real estate, commercial, and consumer loans.
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