FY2026 Earnings Forecast for Dye & Durham Issued By Cormark

Dye & Durham Limited (TSE:DND - Free Report) - Research analysts at Cormark increased their FY2026 earnings per share estimates for shares of Dye & Durham in a report issued on Wednesday, October 23rd. Cormark analyst G. Fairweather now forecasts that the company will earn $0.25 per share for the year, up from their prior forecast of $0.22. The consensus estimate for Dye & Durham's current full-year earnings is $0.11 per share.

Several other research firms also recently commented on DND. CIBC increased their price objective on Dye & Durham from C$21.00 to C$22.00 and gave the company an "outperform" rating in a report on Thursday, September 5th. BMO Capital Markets increased their price objective on Dye & Durham from C$18.00 to C$23.00 and gave the company an "outperform" rating in a report on Wednesday. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of C$22.08.

Dye & Durham Stock Up 2.3 %

TSE:DND traded up C$0.44 during trading hours on Friday, reaching C$19.32. 143,440 shares of the stock were exchanged, compared to its average volume of 152,486. Dye & Durham has a twelve month low of C$7.63 and a twelve month high of C$19.48. The company has a debt-to-equity ratio of 402.18, a current ratio of 1.00 and a quick ratio of 1.98. The firm has a 50 day moving average of C$15.12 and a 200 day moving average of C$14.00. The stock has a market cap of C$1.29 billion, a PE ratio of -6.44 and a beta of 2.09.

Dye & Durham (TSE:DND - Get Free Report) last posted its earnings results on Wednesday, September 4th. The company reported C$0.12 earnings per share (EPS) for the quarter. Dye & Durham had a negative return on equity of 42.91% and a negative net margin of 38.23%. The business had revenue of C$120.12 million during the quarter, compared to analysts' expectations of C$119.81 million.

Dye & Durham Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 12th were paid a $0.019 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date was Thursday, September 12th. Dye & Durham's dividend payout ratio (DPR) is presently -2.73%.

About Dye & Durham

Dye & Durham Limited, together with its subsidiaries, provides cloud-based software and technology solutions for law firms, financial service institutions, sole-practitioner law firms, and government organizations in Canada, Australia, South Africa, Ireland, and the United Kingdom. It offers Practice Management, a real estate workflow and practice management software that enables legal professionals to execute every transaction with reliability, security, and ease; Data Insights and Due Diligence, a software that aggregates proprietary data and public records into valuable insights; and Payments Infrastructure, a software that helps people pay their bills and taxes in real time, as well as enables digital mortgage processing, and an integrated information search and managed banking services.