Triumph Financial, Inc. (NYSE:TFIN) Stock Has Average Target Price of $84.80

Triumph Financial, Inc. (NYSE:TFIN) has received a consensus recommendation of “Hold” from the seven brokerages that are currently covering the company, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $84.80.

Several equities analysts have commented on TFIN shares. Keefe, Bruyette & Woods increased their target price on Triumph Financial from $78.00 to $88.00 and gave the company a “market perform” rating in a research report on Thursday, July 23rd. Raymond James Financial cut their target price on shares of Triumph Financial from $89.00 to $84.00 and set an “outperform” rating on the stock in a research report on Friday, September 25th. Stephens upped their price target on shares of Triumph Financial from $82.00 to $88.00 and gave the company an “equal weight” rating in a research report on Thursday, July 23rd. Zacks Research downgraded shares of Triumph Financial from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Finally, B. Riley Financial increased their price objective on Triumph Financial from $70.00 to $82.00 and gave the company a “neutral” rating in a report on Friday, July 24th.

Insider Buying and Selling

In other news, EVP Edward Schreyer sold 2,900 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $73.75, for a total value of $213,875.00. Following the sale, the executive vice president directly owned 15,534 shares of the company’s stock, valued at approximately $1,145,632.50. This represents a 15.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Adam D. Nelson sold 3,750 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $79.05, for a total transaction of $296,437.50. Following the sale, the executive vice president owned 23,755 shares of the company’s stock, valued at approximately $1,877,832.75. This trade represents a 13.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 5.51% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in TFIN. BlackRock Inc. bought a new position in shares of Triumph Financial in the 2nd quarter worth $259,022,000. AltraVue Capital LLC increased its stake in Triumph Financial by 22.0% during the 4th quarter. AltraVue Capital LLC now owns 1,515,877 shares of the company’s stock valued at $94,939,000 after purchasing an additional 273,718 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Triumph Financial by 0.4% during the first quarter. Dimensional Fund Advisors LP now owns 832,146 shares of the company’s stock worth $49,641,000 after buying an additional 3,530 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Triumph Financial in the 2nd quarter valued at about $49,047,000. Finally, Ranger Investment Management L.P. lifted its stake in Triumph Financial by 48.5% during the 1st quarter. Ranger Investment Management L.P. now owns 523,251 shares of the company’s stock valued at $31,217,000 after acquiring an additional 170,871 shares in the last quarter. Institutional investors own 91.11% of the company’s stock.

Triumph Financial Price Performance

TFIN stock opened at $59.95 on Monday. The stock has a market cap of $1.43 billion, a price-to-earnings ratio of 40.51 and a beta of 1.37. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.01 and a quick ratio of 1.01. The company has a 50 day simple moving average of $70.81 and a 200 day simple moving average of $69.13. Triumph Financial has a 1 year low of $46.43 and a 1 year high of $83.52.

Triumph Financial (NYSE:TFIN) last issued its earnings results on Tuesday, July 21st. The company reported $0.44 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.44. The firm had revenue of $120.24 million for the quarter, compared to analyst estimates of $114.67 million. Triumph Financial had a net margin of 7.17% and a return on equity of 4.69%. Research analysts anticipate that Triumph Financial will post 1.91 EPS for the current fiscal year.

About Triumph Financial

Triumph Financial, Inc is a financial holding company headquartered in Dallas, Texas. Formerly known as Triumph Bancorp, the company changed its name to Triumph Financial in 2023 to reflect its broader focus on technology-enabled financial services. It serves businesses and consumers primarily in the United States through banking, payments and factoring solutions.

Through its banking operations, Triumph Financial provides commercial and personal banking products, including deposit accounts, treasury management services, commercial lending and consumer financial products.