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23 Stock Top Picks and 7 ETF (Nov 30 Dec 6)This summary was created by AI, based on 8 opinions in the last 12 months.
Trisura Group is a specialty insurance company with strong numbers and significant growth potential. The company has shown impressive growth in insurance revenue and operating net income, along with a substantial increase in net investment income. Although there are concerns about write-downs and unrealized losses, the company's core operations have demonstrated strength and potential for future growth. Overall, it is considered a high-quality and profitable business with some growth challenges that need to be addressed in the coming quarters.
It is a specialty insurance company and the numbers have been good. He has a couple of others. in the sector.
It is a high quality specialty insurance company. He didn't buy because he felt like he missed the buying opportunity. You could get exposure now - it is well managed and the numbers are good.
EPS of $0.31 missed expectations of $0.4229 and revenues of $769.94M beat estimates of $758.69M. Insurance revenue grew by 32.7% in the quarter, reflecting sustained momentum across North America. Its operating net income was up 50.2%, driven by profitable growth in Canada and core operations in the US. Its net income was impacted by the run-off of a US program and unrealized losses in the investment portfolio, partially offset by one-time benefits in the primary lines business. Its net investment income grew substantially, due to higher risk-adjusted yields and an increased size of the investment portfolio. Its operating ROE of 20.2% exceeded its target, demonstrating the strength of its core operations. Its EPS estimates jump from FY2023 to FY2024 on a GAAP basis, however, non-GAAP, this EPS estimate goes from $2.40 to $2.64. Its balance sheet expanded, it has been issuing less shares than in previous quarters, and shares increased following results, indicating that investors are largely pleased with the results.
Its write-downs are still looming, but its core operations have shown strength and we think it begins to demonstrate its ability to execute and grow in future quarters.
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Has followed business for a long term. Small cap insurance provider that has lots of room for growth. Massive growth the past few years. Taking lessons learned in Canada into the US market. Current share price a great place to buy. Problems from the past year being fixed very quickly. Higher interest rates not presenting problem for the company with cash flow.
Great business, unique. Very profitable, very high ROE and growth. Growing pains include needing more capital. Hiccup spooked investors. Will take a few more quarters to soothe the market that no skeletons remain. Pretty good value here.
It was spun out from Brookfield and has good management. He likes it but doesn't own based on valuation.
Really likes insurance names. Financials have been under pressure, especially in the US. But US insurance names are doing really well. It's turning up, improving. Higher for longer should be a tailwind. Important support level around $30, so limit risk to recent lows. $36 and $42 are next major resistance levels.
An insurance company. P&C insurance benefits from yearly renewable contracts. TSU is in a good position.
Trisura Group is a Canadian stock, trading under the symbol TSU-T on the Toronto Stock Exchange (TSU-CT). It is usually referred to as TSX:TSU or TSU-T
In the last year, 6 stock analysts published opinions about TSU-T. 5 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Trisura Group .
Trisura Group was recommended as a Top Pick by on . Read the latest stock experts ratings for Trisura Group .
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
6 stock analysts on Stockchase covered Trisura Group In the last year. It is a trending stock that is worth watching.
On 2024-04-19, Trisura Group (TSU-T) stock closed at a price of $42.03.
Specialty insurance company with large US book. Volatile stock, but will continue to hold shares. Well run company. High growth company. Insurance lines can product write downs, but management teams learning from mistakes. Expecting growth multiple to grow. Expecting all time stock highs going forward.