TTAM
Titan America SA
NYSEUSDEQUITY
Basic Materials
DELAYED
Last price
15.17
▲ 0.22 (1.47%)
MARKET · —
Price
Too many bars for candle bodies at this width — showing high/low range per bar. Zoom in or pick a shorter range.
Open
14.95
Prev close
14.95
Day high
15.18
Day low
15.02
Volume
251.41K
Market cap
$2.80B
P/E (TTM)
15.80
52W range
13.89 – 19.57
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
159.81M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Mar 31, 26 | SANTOS SANDRA MARIA SOARES Director |
— | 5.85K | — | Direct |
| Mar 31, 26 | ANTHOLIS WILLIAM JOHN Director |
— | 5.85K | — | Direct |
| Mar 31, 26 | BACHMANN JAMES W Director |
— | 5.85K | — | Direct |
| Mar 31, 26 | VAN DER SMISSEN WILLEM JOZEF LUDWIG Director |
— | 5.85K | — | Direct |
| Mar 19, 26 | WILT LAWRENCE HUGH JR. Chief Financial Officer |
BUY | 20.00K | $298.60K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
ANTHOLIS WILLIAM JOHN |
Director | 5.85K | Conversion of Exercise of derivative security |
BACHMANN JAMES W |
Director | 5.85K | Conversion of Exercise of derivative security |
SANTOS SANDRA MARIA SOARES |
Director | 5.85K | Conversion of Exercise of derivative security |
VAN DER SMISSEN WILLEM JOZEF LUDWIG |
Director | 5.85K | Conversion of Exercise of derivative security |
WILT LAWRENCE HUGH JR. |
Chief Financial Officer | 20.00K | Purchase |
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
15.00
-1.1% from spot
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
15.00
1 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Trailing performance
Returnvs SPY
1W
-5.42%
-4.1%
1M
-10.66%
-14.4%
3M
-1.37%
-4.5%
6M
-19.78%
-30.8%
YTD
-7.95%
-20.2%
1Y
+2.85%
-17.2%
3Y
—
-74.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$2.80B
Enterprise value$3.31B
Revenue (TTM)$1.71B
Gross profit$453.98M
EBITDA$357.28M
Net income$177.22M
EPS (TTM)$0.96
Free cash flow$106.92M
Total cash$65.73M
Total debt$574.08M
Book value / share$5.90
Shares outstanding184.37M
Float24.55M
Short % of float11.73%
Dividend yield1.05%
Beta (5Y)—
Short interest
Shares short
2.88M
Prior 2.61M
Change vs prior
+10.4%
Shorts adding
% of float
11.73%
Elevated
% of shares out
1.56%
Against total outstanding
Days to cover
11.0
Crowded exit
Float
24.55M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Valuation & profitability ratios
Trailing P/E15.80
Forward P/E12.01
PEG ratio—
Price / sales—
Price / book2.57
EV / revenue1.93
EV / EBITDA9.25
Gross margin26.52%
Operating margin13.33%
Profit margin10.35%
Return on equity17.44%
Return on assets8.19%
Debt / equity52.74
Current ratio2.08
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $1.66B | $1.63B | $1.59B | $1.36B | +1.8% |
| Operating revenue | $1.66B | $1.63B | $1.59B | $1.36B | +1.9% |
| Cost of revenue | $1.23B | $1.22B | $1.23B | $1.14B | +0.9% |
| Gross profit | $434.99M | $416.65M | $363.49M | $221.27M | +4.4% |
| Selling, general & admin | $156.01M | $153.99M | $122.78M | $110.56M | +1.3% |
| Total operating expense | $163.34M | $160.25M | $130.52M | $116.82M | +1.9% |
| Operating income | $271.64M | $256.41M | $232.97M | $104.44M | +5.9% |
| Net interest income | -$22.56M | -$26.18M | -$22.24M | -$23.19M | +13.8% |
| Pre-tax income | $244.84M | $223.62M | $202.38M | $79.69M | +9.5% |
| Tax provision | $59.40M | $57.54M | $47.13M | $16.97M | +3.2% |
| Net income | $185.44M | $166.07M | $155.24M | $62.72M | +11.7% |
| Net income to common | $185.44M | $166.07M | $155.24M | $62.72M | +11.7% |
| Basic EPS | 1.01 | 0.90 | 0.84 | 0.34 | +12.1% |
| Diluted EPS | 1.01 | 0.90 | 0.84 | 0.34 | +12.1% |
| EBIT | $270.30M | $248.70M | $223.35M | $101.08M | +8.7% |
| EBITDA | $379.02M | $348.64M | $314.43M | $188.81M | +8.7% |
| Basic shares | 183.35M | 184.36M | 184.36M | 184.36M | -0.5% |
| Diluted shares | 183.46M | 184.36M | 184.36M | 184.36M | -0.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $211.75M | $12.12M | $22.04M | $29.84M | +1,646.5% |
| Cash & short-term investments | $211.75M | $12.12M | $22.04M | $29.84M | +1,646.5% |
| Accounts receivable | $54.31M | $48.12M | $55.87M | $56.45M | +12.9% |
| Inventory | $226.41M | $227.64M | $189.99M | $180.80M | -0.5% |
| Total current assets | $609.96M | $384.26M | $372.90M | $356.89M | +58.7% |
| Property, plant & equipment | $996.17M | $916.42M | $862.47M | $809.94M | +8.7% |
| Goodwill & intangibles | $250.58M | $251.73M | $254.78M | $257.58M | -0.5% |
| Total assets | $1.89B | $1.57B | $1.50B | $1.45B | +20.9% |
| Total current liabilities | $201.22M | $239.05M | $491.97M | $325.46M | -15.8% |
| Current debt | $5.39M | $33.61M | $267.67M | $74.34M | -84.0% |
| Long-term debt | $390.44M | $358.22M | $76.26M | $320.17M | +9.0% |
| Total debt | $462.41M | $460.18M | $409.41M | $462.09M | +0.5% |
| Total liabilities | $859.81M | $816.24M | $779.03M | $854.50M | +5.3% |
| Retained earnings | $777.75M | $597.30M | $518.62M | $398.69M | +30.2% |
| Shareholder equity | $1.03B | $750.01M | $719.77M | $592.73M | +37.9% |
| Working capital | $408.73M | $145.21M | -$119.08M | $31.44M | +181.5% |
| Net tangible assets | $783.48M | $498.29M | $465.00M | $335.15M | +57.2% |
| Shares issued | 184.36M | 184.36M | 184.36M | 184.36M | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $244.84M | $223.62M | $202.38M | $79.69M | +9.5% |
| Change in working capital | -$27.06M | -$43.52M | -$42.33M | -$5.64M | +37.8% |
| Operating cash flow | $295.41M | $248.04M | $227.13M | $178.37M | +19.1% |
| Capital expenditure | -$164.38M | -$137.01M | -$118.74M | -$128.27M | -20.0% |
| Investing cash flow | -$152.18M | -$135.80M | -$117.65M | -$127.30M | -12.1% |
| Share buybacks | $0 | -$51.59M | $0 | $0 | +100.0% |
| Dividends paid | $0 | -$85.07M | -$33.79M | $0 | +100.0% |
| Financing cash flow | $56.39M | -$123.33M | -$117.78M | -$21.66M | +145.7% |
| Free cash flow | $131.03M | $111.03M | $108.38M | $50.10M | +18.0% |
| End cash position | $211.75M | $12.12M | $22.04M | $29.84M | +1,646.5% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $470.63M | $398.42M | $405.66M | $436.85M | $429.24M | +18.1% |
| Operating revenue | $470.63M | $398.42M | $405.35M | $436.85M | $429.24M | +18.1% |
| Cost of revenue | $357.48M | $306.54M | $302.41M | $309.21M | $316.55M | +16.6% |
| Gross profit | $113.15M | $91.88M | $103.25M | $127.64M | $112.69M | +23.1% |
| Selling, general & admin | $48.50M | $41.10M | $34.59M | $40.37M | $41.90M | +18.0% |
| Total operating expense | $48.92M | $40.91M | $42.80M | $39.87M | $41.70M | +19.6% |
| Operating income | $64.23M | $50.97M | $60.45M | $87.77M | $70.99M | +26.0% |
| Net interest income | -$3.50M | -$4.75M | -$4.97M | -$5.44M | -$5.57M | +26.3% |
| Pre-tax income | $62.25M | $44.27M | $54.34M | $78.34M | $67.35M | +40.6% |
| Tax provision | $18.98M | $11.25M | $10.83M | $20.92M | $16.22M | +68.7% |
| Net income | $43.27M | $33.02M | $43.51M | $57.42M | $51.13M | +31.1% |
| Net income to common | $43.27M | $33.02M | $43.51M | $57.42M | $51.13M | +31.1% |
| Basic EPS | 0.23 | 0.18 | 0.24 | 0.31 | 0.28 | +27.8% |
| Diluted EPS | 0.23 | 0.18 | 0.24 | 0.31 | 0.28 | +27.8% |
| EBIT | $65.75M | $49.01M | $62.21M | $83.78M | $72.92M | +34.1% |
| EBITDA | $96.79M | $77.82M | $91.17M | $111.86M | $100.17M | +24.4% |
| Basic shares | 184.37M | 184.36M | 184.36M | 184.36M | 184.36M | +0.0% |
| Diluted shares | 184.61M | 184.51M | 184.49M | 184.40M | 184.36M | +0.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2024-12-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $36.38M | $228.25M | $211.75M | $195.64M | $148.77M | — | -84.1% |
| Cash & short-term investments | $65.73M | $228.25M | $211.75M | $195.64M | $148.77M | — | -71.2% |
| Accounts receivable | $79.83M | $141.99M | $54.31M | $136.47M | $139.71M | — | -43.8% |
| Inventory | $231.93M | $222.10M | $226.41M | $216.22M | $219.38M | — | +4.4% |
| Total current assets | $530.60M | $648.05M | $609.96M | $589.96M | $548.60M | — | -18.1% |
| Property, plant & equipment | $1.31B | $1.00B | $996.17M | $972.81M | $954.22M | — | +30.2% |
| Goodwill & intangibles | $292.43M | $250.05M | $250.58M | $250.39M | $250.61M | — | +16.9% |
| Total assets | $2.16B | $1.93B | $1.89B | $1.85B | $1.79B | — | +12.2% |
| Total current liabilities | $254.69M | $216.82M | $201.22M | $199.87M | $210.90M | — | +17.5% |
| Current debt | $4.72M | $5.87M | $5.39M | $6.18M | $16.45M | — | -19.6% |
| Long-term debt | $502.04M | $382.11M | $390.44M | $390.08M | $389.33M | — | +31.4% |
| Total debt | $574.08M | $455.24M | $462.41M | $464.48M | $471.76M | — | +26.1% |
| Total liabilities | $1.08B | $868.65M | $859.81M | $856.79M | $847.61M | — | +23.9% |
| Retained earnings | — | — | $777.75M | — | — | $597.30M | — |
| Shareholder equity | $1.09B | $1.06B | $1.03B | $994.61M | $944.03M | — | +2.6% |
| Working capital | $275.91M | $431.23M | $408.73M | $390.10M | $337.70M | — | -36.0% |
| Net tangible assets | $796.12M | $811.30M | $783.48M | $744.22M | $693.42M | — | -1.9% |
| Shares issued | 184.36M | 184.36M | 184.36M | 184.36M | 184.36M | — | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $62.25M | $44.27M | $54.34M | $78.34M | $67.35M | +40.6% |
| Change in working capital | -$4.21M | -$10.06M | $880.00K | $1.43M | $275.00K | +58.1% |
| Operating cash flow | $75.03M | $61.57M | $80.59M | $106.73M | $72.90M | +21.9% |
| Capital expenditure | -$55.04M | -$31.92M | -$42.90M | -$39.45M | -$49.48M | -72.4% |
| Investing cash flow | -$358.74M | -$30.03M | -$40.85M | -$36.78M | -$48.26M | -1,094.5% |
| Dividends paid | $0 | $0 | $0 | $0 | $0 | — |
| Financing cash flow | $98.47M | -$15.04M | -$23.63M | -$23.08M | -$19.11M | +755.0% |
| Free cash flow | $20.00M | $29.65M | $37.69M | $67.29M | $23.42M | -32.6% |
| End cash position | $36.38M | $228.25M | $211.75M | $195.64M | $148.77M | -84.1% |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.27 | 0.25 | -7.7% |
| Mar 2026 | 0.20 | 0.20 | -1.0% |
| Dec 2025 | 0.24 | 0.26 | +6.7% |
| Sep 2025 | 0.31 | 0.33 | +6.7% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.36 | 1 | $476.47M | +9.1% |
| Next quarter | 0.27 | 1 | $436.58M | +7.6% |
| Current year | 1.11 | 2 | $1.78B | +6.8% |
| Next year | 1.26 | 3 | $1.92B | +7.9% |
Analyst targets & ownership
Mean target$18.64
High target$22.00
Low target$15.00
Implied upside22.89%
Analyst count7
ConsensusNONE
Strong buy / Buy0 / 2
Hold4
Sell / Strong sell0 / 1
Held by insiders86.68%
Held by institutions15.85%
Institutions holding161
Price targets, consensus spread, insider and institutional ownership.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jul 29, 26 | Stifel | MAINTAINED | Hold | Hold |
| Jul 8, 26 | Citigroup | MAINTAINED | Buy | Buy |
| May 8, 26 | Citigroup | MAINTAINED | Buy | Buy |
| Mar 19, 26 | Citigroup | MAINTAINED | Buy | Buy |
| Jan 8, 26 | Citigroup | MAINTAINED | Buy | Buy |
| Dec 19, 25 | Bernstein | MAINTAINED | Market Perform | Market Perform |
| Dec 15, 25 | Jefferies | MAINTAINED | Buy | Buy |
| Jul 28, 25 | Stifel | DOWNGRADE | Buy | Hold |
| Jul 24, 25 | B of A Securities | DOWNGRADE | Neutral | Underperform |
| Apr 21, 25 | Stifel | MAINTAINED | Buy | Buy |
| Mar 28, 25 | Goldman Sachs | MAINTAINED | Neutral | Neutral |
| Mar 28, 25 | Stifel | MAINTAINED | Buy | Buy |
Moving averages & technicals
SMA 10
15.57
-2.54% from price
SMA 20
15.89
-4.53% from price
SMA 50
16.93
-10.37% from price
SMA 100
16.46
-7.85% from price
SMA 200
16.57
-8.43% from price
EMA 12
15.56
-2.54% from price
EMA 26
16.02
-5.32% from price
EMA 50
16.35
-7.24% from price
RSI (14)
38.0
Neutral
MACD (12,26,9)
-0.46
Hist -0.06
ATR (14)
0.45
2.99% of price
Realised vol 30D
37.8%
Annualised
Bollinger upper
17.19
20, 2σ
Bollinger lower
14.59
20, 2σ
50 / 200 cross
Golden
16.93 vs 16.57
Trend bias
Below 200
-8.43%
Risk profile
Beta vs SPY
1.65
More volatile than market
Correlation to SPY
0.58
Loosely linked
Realised vol 30D
37.8%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-26.0%
Peak to trough
Max drawdown 5Y
-34.4%
Peak to trough
ATR 14
0.45
2.99% of price
Beta (reported)
—
5Y monthly, from filing
Dividends & splits
Forward rate$0.16 / yr
Forward yield1.05%
5-year avg yield—
Payout ratio16.67%
Ex-dividend dateOct 1, 2026
Next pay dateOct 9, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
6-K · 2026-08-12
Corporate Changes & Voting Matters
6-K · 2026-07-28
Corporate Changes & Voting Matters
6-K · 2026-05-05
Corporate Changes & Voting Matters
6-K · 2026-05-01
Corporate Changes & Voting Matters
6-K · 2026-04-17
Corporate Changes & Voting Matters
6-K · 2026-03-25
Periodic Financial Reports
20-F · 2026-03-24
Corporate Changes & Voting Matters
6-K · 2026-03-17
Headlines
TTAM vs. IBP: Which Stock Is the Better Value Option?
Zacks · 23d ago
Titan America SA (TTAM) Q2 2026 Earnings Call Highlights: Revenue Growth Amidst Operational ...
GuruFocus.com · 25d ago
Titan America Q2 Earnings Call Highlights
MarketBeat · 25d ago
Titan America (TTAM) Q2 Earnings Miss Estimates
Zacks · 25d ago
Titan America Q2 Earnings Fall, Revenue Rises
MT Newswires · 25d ago
Titan America: Q2 Earnings Snapshot
Associated Press · 25d ago
Titan America Announces Second Quarter 2026 Results
Business Wire · 25d ago
Titan America Declares Third-Quarter 2026 Distribution of Issue Premium Payment
Business Wire · 25d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.