FY2027 Earnings Estimate for TSE:BDI Issued By Cormark

Black Diamond Group Limited (TSE:BDI) – Cormark issued their FY2027 earnings estimates for shares of Black Diamond Group in a research report issued to clients and investors on Wednesday, December 18th. Cormark analyst K. Mcphee expects that the company will earn $0.80 per share for the year. Cormark has a “Moderate Buy” rating on the stock. The consensus estimate for Black Diamond Group’s current full-year earnings is $0.53 per share.

Separately, Raymond James increased their price objective on shares of Black Diamond Group from C$12.00 to C$14.00 and gave the stock a “strong-buy” rating in a research note on Monday, August 26th.

Black Diamond Group Stock Performance

BDI stock opened at C$9.39 on Friday. The company has a current ratio of 1.18, a quick ratio of 1.05 and a debt-to-equity ratio of 84.84. Black Diamond Group has a 12-month low of C$7.40 and a 12-month high of C$10.27. The stock’s 50 day simple moving average is C$9.07 and its 200 day simple moving average is C$9.01. The firm has a market cap of C$562.55 million, a P/E ratio of 19.56 and a beta of 1.54.

Black Diamond Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a $0.035 dividend. This represents a $0.14 dividend on an annualized basis and a yield of 1.49%. This is a positive change from Black Diamond Group’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend is Tuesday, December 31st. Black Diamond Group’s dividend payout ratio is 25.00%.

Insider Activity

In other Black Diamond Group news, Senior Officer Michael Lenard Ridley sold 15,400 shares of Black Diamond Group stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of C$9.40, for a total transaction of C$144,760.00. Also, Senior Officer Tobias Gerald Labrie sold 15,000 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of C$9.40, for a total value of C$141,000.00. Over the last ninety days, insiders have sold 49,049 shares of company stock valued at $460,652. Company insiders own 23.83% of the company’s stock.

About Black Diamond Group

Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and defense industries in North America.