Triumph Financial (NASDAQ:TFIN) announced its earnings on July 17th. The company reported an earnings per share (EPS) of $0.08, missing expectations of $0.21 by $0.13. Triumph had a net margin of 6.05% and a return on equity of 3.57%. Revenue for the quarter was $124.18 million, surpassing the forecast of $103.43 million. Last year, the EPS was $0.29. Analysts predict Triumph Financial will achieve $1 EPS this fiscal year and $2 EPS next year.
Triumph Financial Stock Performance
TFIN stock opened at $79.07. The market cap is $1.85 billion, with a P/E ratio of 71.88. The stock’s 1-year range is $56.91 – $95.46, with a 50-day moving average of $80.61 and a 200-day moving average of $78.84.
Insider Activity
Recently, COO Edward Joseph Schreyer sold 6,128 shares at $81.41, totaling about $498,880. He now owns 39,698 shares, worth $3,231,814. Insiders hold 6.15% of the company.
Analyst Ratings
Analysts have varied opinions on TFIN. Keefe, Bruyette & Woods downgraded it to “underperform” with a price target of $70. B. Riley maintained a “neutral” rating with a $65 target. Piper Sandler set a target of $65, also downgrading to “underweight.” DA Davidson raised their target to $74, keeping a “neutral” rating. The consensus is a “Hold” rating with an average target of $69.60.
Read Our Latest Stock Analysis on Triumph Financial
About Triumph Financial
Triumph Financial, Inc. is a financial holding company that offers banking, factoring, and payment services in the U.S. Their services include deposit products and various loan options for businesses and consumers.
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