Triumph Financial (NASDAQ:TFIN) reported its earnings on July 17, with an EPS of $0.08, missing the expected $0.21 by $0.13. The company generated $124.18 million in revenue, exceeding estimates of $103.43 million. Last year, they posted an EPS of $0.29. Analysts forecast an EPS of $1 for this fiscal year and $2 for the next.
Stock Performance
On Monday, TFIN stock opened at $79.07. The company’s market cap is $1.85 billion, with a P/E ratio of 71.88. The stock’s 1-year low is $56.91, and the high is $95.46. The 50-day and 200-day moving averages are $80.61 and $78.84, respectively.
Insider Activity
COO Edward Joseph Schreyer sold 6,128 shares on August 6 for about $498,880. He retains 39,698 shares worth approximately $3.23 million, representing no ownership change. Insiders own 6.15% of the company.
Analyst Ratings
Analysts have mixed opinions on TFIN. Keefe, Bruyette & Woods downgraded it from “market perform” to “underperform” with a price target of $70. B. Riley maintained a “neutral” rating with a $65 target. DA Davidson raised their target to $74, and Stephens set a price objective of $74. The consensus rating is “Hold” with an average target of $69.60.
About Triumph Financial
Triumph Financial, Inc. is a financial holding company that offers payments, factoring, and banking services in the U.S. It provides various deposit and loan products, including commercial and residential real estate loans, and equipment loans, among others.
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