What is Cormark’s Forecast for TSE:DIV Q1 Earnings?

Diversified Royalty Corp. (TSE:DIV) – Stock analysts at Cormark issued their Q1 2025 earnings per share (EPS) estimates for shares of Diversified Royalty in a research report issued on Wednesday, March 26th. Cormark analyst J. Fenwick expects that the company will earn $0.04 per share for the quarter. The consensus estimate for Diversified Royalty’s current full-year earnings is $0.20 per share. Cormark also issued estimates for Diversified Royalty’s Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.05 EPS and Q4 2025 earnings at $0.05 EPS.

Several other equities analysts have also weighed in on DIV. Desjardins set a C$3.75 price objective on Diversified Royalty and gave the company a “buy” rating in a research note on Wednesday, February 26th. CIBC raised their price target on shares of Diversified Royalty from C$3.00 to C$3.10 and gave the company a “neutral” rating in a report on Tuesday. Two research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Diversified Royalty presently has a consensus rating of “Moderate Buy” and a consensus target price of C$3.62.

Diversified Royalty Price Performance

Shares of Diversified Royalty stock opened at C$2.78 on Thursday. The business’s fifty day moving average price is C$2.80 and its 200 day moving average price is C$2.91. Diversified Royalty has a twelve month low of C$2.50 and a twelve month high of C$3.09. The company has a current ratio of 4.28, a quick ratio of 1.74 and a debt-to-equity ratio of 90.70. The stock has a market capitalization of C$425.01 million, a P/E ratio of 14.51 and a beta of 1.57.

Diversified Royalty Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 31st will be given a $0.0208 dividend. This represents a $0.25 annualized dividend and a dividend yield of 8.98%. The ex-dividend date is Friday, March 14th. Diversified Royalty’s payout ratio is 130.49%.

Diversified Royalty Company Profile

Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. As a part of the investment strategy, the firm always purchases trademarks of the companies it is going to acquire. The company gives its partners the benefit of full operational control of their business, participation in the growth of their company, and tax deductibility on royal payments.