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

Diversified Royalty Corp. (TSE:DIV) – Cormark issued their Q1 2025 earnings estimates for Diversified Royalty in a report released 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.

A number of other equities analysts also recently commented on the company. Desjardins set a C$3.75 target price on Diversified Royalty and gave the company a “buy” rating in a report on Wednesday, February 26th. CIBC upped their price objective on shares of Diversified Royalty from C$3.00 to C$3.10 and gave the stock a “neutral” rating in a report on Tuesday. Two analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$3.62.

Diversified Royalty Trading Down 0.4 %

TSE DIV opened at C$2.81 on Thursday. The stock has a market cap of C$429.59 million, a P/E ratio of 14.67 and a beta of 1.57. Diversified Royalty has a fifty-two week low of C$2.50 and a fifty-two week high of C$3.09. The stock has a 50 day simple moving average of C$2.80 and a two-hundred day simple moving average of C$2.91. The company has a debt-to-equity ratio of 90.70, a quick ratio of 1.74 and a current ratio of 4.28.

Diversified Royalty Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 31st will be issued a dividend of $0.0208 per share. The ex-dividend date is Friday, March 14th. This represents a $0.25 dividend on an annualized basis and a yield of 8.88%. Diversified Royalty’s dividend payout ratio is currently 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.