FY2024 Earnings Forecast for Trisura Group Issued By Cormark

Trisura Group Ltd. (TSE:TSU) – Cormark decreased their FY2024 EPS estimates for shares of Trisura Group in a report issued on Monday, November 11th. Cormark analyst J. Fenwick now expects that the company will post earnings of $2.63 per share for the year, down from their prior estimate of $2.67. The consensus estimate for Trisura Group’s current full-year earnings is $3.13 per share. Cormark also issued estimates for Trisura Group’s FY2025 earnings at $3.13 EPS and FY2026 earnings at $3.67 EPS.

TSU has been the subject of a number of other research reports. Scotiabank raised their target price on Trisura Group from C$62.00 to C$63.00 and gave the company an “outperform” rating in a research note on Friday, August 2nd. TD Securities set a C$52.00 price objective on Trisura Group and gave the stock a “buy” rating in a report on Thursday, September 19th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of C$57.44.

Trisura Group Stock Performance

Shares of TSU opened at C$40.99 on Tuesday. The company has a 50-day simple moving average of C$42.19 and a two-hundred day simple moving average of C$42.31. The company has a debt-to-equity ratio of 15.83, a current ratio of 76.83 and a quick ratio of 0.22. The firm has a market capitalization of C$1.95 billion, a PE ratio of 22.04 and a beta of 0.82. Trisura Group has a one year low of C$30.82 and a one year high of C$46.75.

Insider Transactions at Trisura Group

In other news, Director Michael Beasley sold 33,176 shares of Trisura Group stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of C$39.95, for a total value of C$1,325,530.49. In related news, Director Michael Beasley sold 33,176 shares of the business’s stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of C$39.95, for a total value of C$1,325,530.49. Also, Director David James Clare sold 2,907 shares of the company’s stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of C$41.76, for a total value of C$121,396.32. Insiders own 1.09% of the company’s stock.

About Trisura Group

Trisura Group Ltd., a specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada, the United States, and internationally. The company operates through Trisura Canada and Trisura the United States segments. It also offers risk solutions, fronting, and insurance products, as well as provides business underwriting services.