Diversified Royalty Corp. (TSE:DIV – Free Report) – Stock analysts at Cormark issued their FY2026 earnings per share estimates for Diversified Royalty in a report issued on Friday, November 8th. Cormark analyst J. Fenwick expects that the company will earn $0.21 per share for the year. The consensus estimate for Diversified Royalty’s current full-year earnings is $0.20 per share.
DIV has been the subject of several other research reports. Ventum Financial set a C$4.00 price objective on Diversified Royalty and gave the stock a “buy” rating in a report on Tuesday, September 24th. Ventum Cap Mkts raised shares of Diversified Royalty to a “strong-buy” rating in a research report on Tuesday, September 24th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$3.80.
Diversified Royalty Stock Performance
Shares of DIV opened at C$3.04 on Monday. Diversified Royalty has a 1 year low of C$2.52 and a 1 year high of C$3.09. The company has a debt-to-equity ratio of 89.69, a current ratio of 5.73 and a quick ratio of 1.74. The stock’s fifty day moving average price is C$2.97 and its two-hundred day moving average price is C$2.84. The firm has a market cap of C$502.97 million, a PE ratio of 14.52 and a beta of 1.57.
Diversified Royalty Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 29th will be issued a dividend of $0.021 per share. This represents a $0.25 dividend on an annualized basis and a yield of 8.29%. The ex-dividend date of this dividend is Friday, November 15th. Diversified Royalty’s payout ratio is presently 119.05%.
Diversified Royalty Company Profile
Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It owns the Sutton, Mr. Lube + Tires, AIR MILES, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, and BarBurrito trademarks.
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