Equity Analysts Provide Forecasts for Trian Insurance Group, Inc.’s 2022 Earnings (NASDAQ:TIG)

Torian Insurance Group Inc. (Nasdaq: TIGget rating) – William Blair equity analysts have lowered their 2022 earnings per share estimates for Trian Insurance Group shares in a research report issued to clients and investors on Monday, November 7. William Blair analyst A. Klauber now expects the company to post annual earnings of $0.45 per share, up from his previous estimate of $0.50. Trian Insurance Group’s current consensus estimate for annual earnings is $0.47 per share. William Blair also forecasts Triane Insurance Group’s fourth quarter 2022 profit at $0.07 EPS, third quarter 2023 profit at $0.14 EPS and fourth quarter 2023 profit at $0.14 EPS. , estimated earnings in 2023 at an EPS of $0.54.

Several other analysts have also joined the company. StockNews.com began covering Triang Insurance Group in a report on Wednesday, October 12. They gave the company a “buy” rating.JPMorgan Chase & Co. lowered its price target for Triane Insurance Group from $6.00 to $5.50 in a report on Thursday, Nov. We have set the company’s rating to Neutral.

Trian Insurance Group trading falls 11.7%

shares of TIG stock Opened Wednesday for $2.49. The company has an equity ratio of 0.07, a quick ratio of 0.75 and a current ratio of 0.75. His one-year low is $2.47 and one-year high is $10.39 for Trian Insurance Group. His 50-day moving average for this stock is $3.59 and its 200-day moving average is $5.06. The company has a market capitalization of $127.49 million, a PE ratio of 4.79 and a beta of 0.71.

institution inflow and outflow

A number of hedge funds have recently changed their positions on the TIG. Royce & Associates LP increased his Trian Insurance Group holdings by 17.1% in the first quarter. Royce & Associates LP now owns 4,760,062 shares worth $22,325,000 after purchasing an additional 694,537 shares during the previous quarter. Asanagon Asset Management SA increased its holding in Triang Insurance Group by 271.6% in the third quarter. Assenagon Asset Management SA now owns 202,879 shares worth $690,000 after purchasing an additional 148,287 shares during the previous quarter. Citadel Advisors LLC increased its holding in Trien Insurance Group by 608.6% in the second quarter. Citadel Advisors LLC now owns 147,078 shares worth $917,000 after purchasing an additional 126,321 shares during the previous quarter. Millennium Management LLC increased its holding in Trian Insurance Group by 92.9% in the second quarter. Millennium Management LLC now owns 225,419 shares worth $1,404,000 after purchasing an additional 108,565 shares in the previous quarter. Finally, Russell Investments Group Ltd. acquired new shares in Trian Insurance Group worth approximately $198,000 in the third quarter. Institutional investors and hedge funds own 29.01% of the company’s shares.

Trian Insurance Group Company Profile

(get rating)

Torian Insurance Group underwrites specialty property and casualty insurance products in the United States. The company underwrites businesses, primarily workers’ compensation, accident and health, and medical professional liability products. We also offer a range of services including issuing carriers, claims management and reinsurance brokerage services.

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Trian Insurance Group (NASDAQ:TIG) earnings history and quotes

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