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Investor Insights

This summary was created by AI, based on 13 opinions in the last 12 months.

Trisura Group (TSU-T) is a specialty insurance company that has been delivering consistent results with a focus on maintaining healthy underwriting discipline and profitable growth. The company has shown great management, good organic growth rate, and a high ROE. Despite recent slight fluctuations in share price, experts believe that TSU is continuing to build value for shareholders through retained earnings and disciplined underwriting. Several analysts consider the company to be well-managed, highly profitable, and expect it to continue generating strong returns in the future.

Consensus
Positive
Valuation
Fair Value
Similar
IFC,DFY
BUY
Trisura Group
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

TSU is one of the few names that did not move much in 2024, despite decent operating results. TSU tends to move along with the insurance sector overall (especially P&C names). In addition, TSU is the type of compounder that can be flat for some time and then make a move all of a sudden that no one expects (given that the operating results continue to improve).

Although the share price has not moved much recently, TSU is continuing to build value for shareholders brick-by-brick through retained earnings and disciplined underwriting. We would be comfortable holding TSU for the long term here; we think the valuation is quite attractive given the growth and ROE profile of the business.
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0
BUY
Trisura Group
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

We think TSU is one of the under-the-radar insurance names that possesses both a decent track record of maintaining healthy underwriting discipline and is well-managed. TSU retains most of its earnings for future growth - if the company can grow profitably by underwriting policies conservatively, we would not be surprised if TSU becomes a long-term compounder. The company is trading at 2.5x Price/Book, which we think is a fair valuation for an insurance company with healthy profit margins, and a consistent ROE above 15%.
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0
PAST TOP PICK
Trisura Group
(A Top Pick Sep 10/24, Up 4%)

(Note the short timeframe.)
Keeps delivering. Great management. Good organic growth rate. Focused on profitable growth. Very attractive multiple. Specialty insurer, with a high ROE.

0
PARTIAL BUY
Trisura Group
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

EPS of 68c missed estimates of 67c; Insurance revenue was $807.6M. Revenue rose 10.5%. ROE was 18.6%, higher than estimates (18.5%). Book value rose to $15.64 from $12.58. Debt to capital 11.6%, better than estimates (11.7%). The company noted strength in Trisura Specialty  and growing earnings from US programs, as well as higher net investment income. The stock is down on the 'miss', but all in we would consider the quarter OK. The stock is still up 20% YTD.
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0
BUY
Trisura Group

1-2 year performance has been very good. Specialized insurance can be very profitable. Capital appreciation very good - not paying dividends. However, volatility can be hard for some investors. Would recommend for long term investors (can be volatile). 

0
TOP PICK
Trisura Group

Highly profitable with one of the highest combined ratios in Canada, and are very profitable in the U.S. Expects them to keep generating returns in the high-teens. Can keep growing for years to come. Trades at an attractive multiple. Could be taken out in the insurance space.

(Analysts’ price target is $57.86)
0
BUY
Trisura Group
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

EPS of 65c matched estimates; Revenue of $772M was nicely ahead of estimates. Operating ROE was 19.6% vs 19% expected. Sales rose 16%. Net investment income rose 42%. Book value increased 26.3% to $14.56. Operating ratio was 87.5%. Scotia raised its priced target from $62 to $63. We would consider the results good. 
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0
HOLD
Trisura Group

Doesn't know much about the business, and doesn't have a target price. Other names in the financial sector that have more opportunity. Is a quality company - just hasn't investigated lately. Historically a high multiple. 

0
BUY ON WEAKNESS
Trisura Group

It's floating between 2x and 4x book value, now heading lower. He'd heavily buy at $35. Shares now are okay. He targets $60.

0
DON'T BUY
Trisura Group

All reinsurance in property & casualty business. Really expensive in Canada. IFC is the monster, DFY is a newer entrant. He owns none of them. Likes the business, but valuation is too high.

0
BUY
Trisura Group

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. 

0
COMMENT
Trisura Group

It is a specialty insurance company and the numbers have been good. He has a couple of others. in the sector.

0
PARTIAL BUY
Trisura Group

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.

0
HOLD
Trisura Group
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

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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0
TOP PICK
Trisura Group

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. 

0
Showing 1 to 15 of 32 entries

Trisura Group (TSU-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 9

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 11

Stockchase rating for Trisura Group is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Trisura Group (TSU-T) Frequently Asked Questions

What is Trisura Group stock symbol?

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

Is Trisura Group a buy or a sell?

In the last year, 11 stock analysts published opinions about TSU-T. 9 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Trisura Group .

Is Trisura Group a good investment or a top pick?

Trisura Group was recommended as a Top Pick by on . Read the latest stock experts ratings for Trisura Group .

Why is Trisura Group stock dropping?

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.

Is Trisura Group worth watching?

11 stock analysts on Stockchase covered Trisura Group In the last year. It is a trending stock that is worth watching.

What is Trisura Group stock price?

On 2025-01-10, Trisura Group (TSU-T) stock closed at a price of $35.5.