Triumph Financial, Inc. (NASDAQ:TFIN – Get Rating) – Investment analysts at B. Riley issued their Q2 2023 earnings per share estimates for Triumph Financial in a research report issued to clients and investors on Tuesday, May 16th. B. Riley analyst H. Goetsch forecasts that the company will post earnings per share of $0.49 for the quarter. B. Riley has a “Neutral” rating on the stock. The consensus estimate for Triumph Financial’s current full-year earnings is $1.79 per share. B. Riley also issued estimates for Triumph Financial’s Q3 2023 earnings at $0.52 EPS, Q4 2023 earnings at $0.43 EPS and FY2023 earnings at $1.87 EPS.
A number of other analysts have also recently commented on TFIN. Keefe, Bruyette & Woods cut their target price on Triumph Financial from $62.00 to $58.00 and set a “market perform” rating on the stock in a research report on Tuesday, April 4th. Wells Fargo & Company cut their target price on Triumph Financial from $50.00 to $45.00 and set an “underweight” rating on the stock in a research report on Wednesday, April 5th. Raymond James cut Triumph Financial from an “outperform” rating to a “market perform” rating in a research report on Thursday, April 6th. Loop Capital assumed coverage on Triumph Financial in a research report on Thursday, February 9th. They issued a “buy” rating and a $76.00 price target on the stock. Finally, Stephens dropped their price target on Triumph Financial from $63.00 to $58.00 and set an “equal weight” rating on the stock in a research report on Friday, January 27th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $60.80.
Triumph Financial Stock Performance
Insider Buying and Selling at Triumph Financial
In other Triumph Financial news, Director Harrison B. Barnes acquired 2,755 shares of the stock in a transaction on Friday, May 12th. The shares were bought at an average price of $48.12 per share, with a total value of $132,570.60. Following the acquisition, the director now owns 12,750 shares of the company’s stock, valued at $613,530. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Triumph Financial news, Director Harrison B. Barnes acquired 2,755 shares of the stock in a transaction on Friday, May 12th. The shares were bought at an average price of $48.12 per share, with a total value of $132,570.60. Following the acquisition, the director now owns 12,750 shares of the company’s stock, valued at $613,530. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Harrison B. Barnes acquired 3,736 shares of the stock in a transaction on Wednesday, May 10th. The stock was acquired at an average cost of $47.92 per share, for a total transaction of $179,029.12. Following the acquisition, the director now directly owns 6,005 shares in the company, valued at approximately $287,759.60. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 14,326 shares of company stock valued at $694,418. 6.46% of the stock is owned by corporate insiders.
About Triumph Financial
Triumph Financial, Inc operates as a financial holding company which offers traditional banking and financial solutions. It operates through the following segments: Factoring, Banking and Corporate. The Factoring segment includes the operations of Triumph Business Capital which offers factoring services.
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