FY2026 Earnings Estimate for TSE:DIV Issued By Cormark

Diversified Royalty Corp. (TSE:DIV - Free Report) - Equities research analysts at Cormark issued their FY2026 EPS estimates for shares of Diversified Royalty in a research note issued on Friday, November 8th. Cormark analyst J. Fenwick anticipates 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.

Diversified Royalty (TSE:DIV - Get Free Report) last released its quarterly earnings results on Friday, August 9th. The company reported C$0.05 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of C$0.05. Diversified Royalty had a return on equity of 12.02% and a net margin of 51.17%. The firm had revenue of C$16.78 million for the quarter, compared to the consensus estimate of C$17.50 million.

A number of other research analysts have also weighed in on DIV. Ventum Cap Mkts raised Diversified Royalty to a "strong-buy" rating in a report on Tuesday, September 24th. Ventum Financial set a C$4.00 price target on shares of Diversified Royalty and gave the company a "buy" rating in a report on Tuesday, September 24th. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of C$3.80.

Diversified Royalty Stock Performance

Shares of TSE DIV traded up C$0.01 during mid-day trading on Monday, hitting C$3.05. 136,265 shares of the company were exchanged, compared to its average volume of 232,458. The company has a quick ratio of 1.74, a current ratio of 5.73 and a debt-to-equity ratio of 89.69. The firm has a market cap of C$504.62 million, a price-to-earnings ratio of 14.52 and a beta of 1.57. The stock has a 50 day simple moving average of C$2.96 and a 200-day simple moving average of C$2.83. Diversified Royalty has a 1-year low of C$2.52 and a 1-year high of C$3.09.

Diversified Royalty Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 29th will be paid a dividend of $0.021 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.25 annualized dividend and a yield of 8.26%. Diversified Royalty's dividend 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.