Trisura Group (TSE:TSU) Posts Quarterly Earnings Results

Trisura Group (TSE:TSU) posted its quarterly earnings data on Thursday. The company reported C$0.78 EPS for the quarter, FiscalAI reports. The firm had revenue of C$804.85 million during the quarter. Trisura Group had a return on equity of 16.30% and a net margin of 5.51%.

Trisura Group Price Performance

Trisura Group stock opened at C$43.15 on Friday. Trisura Group has a 12-month low of C$35.98 and a 12-month high of C$51.00. The stock has a market cap of C$2.07 billion, a P/E ratio of 14.73 and a beta of 0.42. The company has a 50-day moving average price of C$44.58 and a 200 day moving average price of C$42.90. The company has a current ratio of 16.58, a quick ratio of 0.22 and a debt-to-equity ratio of 16.98.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. National Bank Financial upped their target price on shares of Trisura Group from C$57.00 to C$59.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Desjardins set a C$60.00 price target on shares of Trisura Group and gave the stock a “buy” rating in a research note on Monday, April 27th. Scotiabank lowered shares of Trisura Group from a “sector outperform” rating to a “sector perform” rating and set a C$52.00 price target on the stock. in a research report on Tuesday, April 28th. Canadian Imperial Bank of Commerce set a C$59.00 price objective on shares of Trisura Group and gave the company an “outperform” rating in a research note on Friday, February 27th. Finally, ATB Cormark Capital Markets raised their target price on shares of Trisura Group from C$46.75 to C$52.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Trisura Group presently has a consensus rating of “Moderate Buy” and an average price target of C$56.57.

About Trisura Group

Trisura Group Ltd is a Canadian based company engages in the provision of specialty insurance. The company’s operations currently include specialty property and casualty insurance (Surety, Risk Solutions, and Corporate Insurance business lines), underwritten predominantly in Canada. The operating business segments are Trisura Guarantee, Trisura Specialty, and Trisura International. The Trisura Guarantee segment generates maximum revenue, which offers Surety, Risk Solutions and Corporate Insurance products underwritten in Canada as well as the operations of Trisura Warranty.