Desjardins reiterated their buy rating on shares of Trisura Group (TSE:TSU – Free Report) in a report released on Monday morning, Zacks.com reports. Desjardins also issued estimates for Trisura Group’s Q1 2024 earnings at $0.63 EPS, Q2 2024 earnings at $0.69 EPS, Q3 2024 earnings at $0.72 EPS, Q4 2024 earnings at $0.64 EPS, FY2024 earnings at $2.68 EPS and FY2025 earnings at $3.12 EPS.
TSU has been the subject of a number of other research reports. Royal Bank of Canada raised their target price on Trisura Group from C$40.00 to C$44.00 and gave the company an outperform rating in a report on Monday, February 12th. Scotiabank raised their target price on Trisura Group from C$54.00 to C$56.00 and gave the company an outperform rating in a report on Friday, February 9th. CIBC raised their target price on Trisura Group from C$50.00 to C$55.00 and gave the company an outperform rating in a report on Monday, February 12th. Raymond James raised their price target on Trisura Group from C$54.00 to C$64.00 and gave the company an outperform rating in a research report on Monday, February 12th. Finally, National Bankshares raised their price target on Trisura Group from C$64.00 to C$65.00 and gave the company an outperform rating in a research report on Monday, February 12th. 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 target price of C$55.63.
Get Our Latest Stock Analysis on TSU
Trisura Group Price Performance
Trisura Group (TSE:TSU – Get Free Report) last released its earnings results on Thursday, February 8th. The company reported C$0.54 EPS for the quarter, beating analysts’ consensus estimates of C$0.49 by C$0.05. Trisura Group had a return on equity of 12.03% and a net margin of 2.36%. The company had revenue of C$754.95 million during the quarter. Sell-side analysts forecast that Trisura Group will post 2.7177792 EPS for the current year.
Insider Buying and Selling
In related news, Director Chris Yoshio Sekine sold 55,518 shares of Trisura Group stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of C$43.23, for a total transaction of C$2,399,837.72. In related news, Director Michael Beasley sold 38,822 shares of Trisura Group stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of C$43.28, for a total transaction of C$1,680,022.05. Also, Director Chris Yoshio Sekine sold 55,518 shares of Trisura Group stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of C$43.23, for a total value of C$2,399,837.72. In the last quarter, insiders sold 94,825 shares of company stock worth $4,100,283. 1.62% of the stock is owned by corporate insiders.
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.
Further Reading
- Five stocks we like better than Trisura Group
- What is the S&P 500 and How It is Distinct from Other Indexes
- Nucor Stock Earnings Riding the Steel Industry Wave
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Simpson Manufacturing: Buy This Future Dividend King While Down
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Is Boeing Stock About to Soar Higher?
Receive News & Ratings for Trisura Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trisura Group and related companies with MarketBeat.com's FREE daily email newsletter.