Q1 Earnings Estimate for TSE:DIV Issued By Raymond James

Diversified Royalty Corp. (TSE:DIV - Free Report) - Equities research analysts at Raymond James issued their Q1 2025 earnings per share (EPS) estimates for shares of Diversified Royalty in a note issued to investors on Tuesday, March 25th. Raymond James analyst M. Glen anticipates that the company will post earnings per share of $0.04 for the quarter. The consensus estimate for Diversified Royalty's current full-year earnings is $0.20 per share. Raymond James also issued estimates for Diversified Royalty's Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.05 EPS, Q4 2025 earnings at $0.05 EPS and FY2026 earnings at $0.20 EPS.

Several other research firms have also issued reports on DIV. CIBC boosted their target price 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, March 25th. Desjardins set a C$3.75 price objective on Diversified Royalty and gave the stock a "buy" rating in a research report on Wednesday, February 26th. Two equities research 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. According to data from MarketBeat.com, Diversified Royalty currently has a consensus rating of "Moderate Buy" and an average target price of C$3.62.

Diversified Royalty Trading Up 1.4 %

Shares of TSE DIV traded up C$0.04 during midday trading on Thursday, reaching C$2.82. The stock had a trading volume of 52,034 shares, compared to its average volume of 275,692. The company's 50 day moving average price is C$2.80 and its 200 day moving average price is 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 has a twelve month low of C$2.50 and a twelve month high of C$3.09. The firm has a market cap of C$431.12 million, a price-to-earnings ratio of 14.72 and a beta of 1.57.

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Diversified Royalty Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 31st will be issued a $0.0208 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 8.85%. The ex-dividend date of this dividend is Friday, March 14th. Diversified Royalty's payout ratio is 130.49%.

About Diversified Royalty

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.