Analysts Set Triumph Financial, Inc. (NYSE:TFIN) Price Target at $85.00

Shares of Triumph Financial, Inc. (NYSE:TFIN) have earned a consensus rating of “Hold” from the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold recommendation. The average 1-year target price among brokerages that have covered the stock in the last year is $85.00.

A number of equities analysts recently commented on TFIN shares. DA Davidson raised their price target on shares of Triumph Financial from $65.00 to $82.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Keefe, Bruyette & Woods increased their target price on shares of Triumph Financial from $78.00 to $88.00 and gave the stock a “market perform” rating in a research report on Thursday, July 23rd. B. Riley Financial raised their target price on shares of Triumph Financial from $70.00 to $82.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of Triumph Financial in a research report on Friday, August 7th. Finally, Stephens boosted their price target on Triumph Financial from $82.00 to $88.00 and gave the company an “equal weight” rating in a research note on Thursday, July 23rd.

Insiders Place Their Bets

In other Triumph Financial news, EVP Adam D. Nelson sold 3,750 shares of Triumph Financial stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $79.05, for a total value of $296,437.50. Following the completion of the transaction, the executive vice president directly owned 23,755 shares of the company’s stock, valued at $1,877,832.75. The trade was a 13.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Edward Joseph Schreyer sold 2,900 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $66.70, for a total value of $193,430.00. Following the sale, the executive vice president owned 18,434 shares of the company’s stock, valued at approximately $1,229,547.80. The trade was a 13.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 5.51% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in TFIN. M&T Bank Corp lifted its position in Triumph Financial by 235.5% in the 4th quarter. M&T Bank Corp now owns 40,628 shares of the company’s stock valued at $2,545,000 after acquiring an additional 28,519 shares in the last quarter. Investment Management Associates Inc. ADV increased its holdings in Triumph Financial by 34.2% during the 4th quarter. Investment Management Associates Inc. ADV now owns 340,161 shares of the company’s stock worth $21,304,000 after purchasing an additional 86,761 shares in the last quarter. Empirical Capital Management LLC bought a new stake in Triumph Financial during the 4th quarter worth approximately $1,298,000. Ranger Investment Management L.P. raised its stake in shares of Triumph Financial by 48.5% in the first quarter. Ranger Investment Management L.P. now owns 523,251 shares of the company’s stock worth $31,217,000 after purchasing an additional 170,871 shares during the last quarter. Finally, UBS Group AG raised its stake in shares of Triumph Financial by 13.3% in the fourth quarter. UBS Group AG now owns 102,530 shares of the company’s stock worth $6,421,000 after purchasing an additional 12,005 shares during the last quarter. 91.11% of the stock is owned by institutional investors.

Triumph Financial Stock Performance

Shares of NYSE TFIN opened at $78.39 on Friday. 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 firm has a market cap of $1.87 billion, a price-to-earnings ratio of 52.97 and a beta of 1.39. The stock’s fifty day moving average price is $76.22 and its two-hundred day moving average price is $67.74. Triumph Financial has a one year low of $46.43 and a one year high of $83.52.

Triumph Financial (NYSE:TFIN) last posted its earnings results on Tuesday, July 21st. The company reported $0.44 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.44. The company had revenue of $120.24 million during the quarter, compared to the consensus estimate of $114.67 million. Triumph Financial had a return on equity of 4.69% and a net margin of 7.17%. On average, equities analysts forecast that Triumph Financial will post 1.93 EPS for the current year.

About Triumph Financial

Triumph Financial, Inc (NYSE: TFIN) is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.