Diversified Royalty (DIV) Stock Price, News & Analysis

Company Overview

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. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.

Key Stats

• Today's Range: C$2.83 to C$2.86
• 50-Day Range: C$2.82 to C$3.06
• 52-Week Range: C$2.61 to C$3.09
• Volume: 92,570 shs
• Average Volume: 230,866 shs
• Market Capitalization: C$471.53 million
• P/E Ratio: 13.57
• Dividend Yield: 8.77%
• Price Target: C$3.80
• Consensus Rating: Moderate Buy

Diversified Royalty Stock Analysis - MarketRank™

Diversified Royalty scored higher than 58% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Diversified Royalty has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Diversified Royalty has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Diversified Royalty is 13.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.00.

Price to Earnings Ratio vs. Sector

The P/E ratio of Diversified Royalty is 13.57, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 369.29.

Price to Book Value per Share Ratio

Diversified Royalty has a P/B Ratio of 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for DIV.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Diversified Royalty is a leading dividend payer. It pays a dividend yield of 8.25%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Diversified Royalty does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Diversified Royalty is 119.05%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for DIV.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

Diversified Royalty has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Diversified Royalty this week, compared to 2 articles on an average week.

Search Interest

Only 4 people have searched for DIV on MarketBeat in the last 30 days. This is a decrease of -64% compared to the previous 30 days.

MarketBeat Follows

3 people have added Diversified Royalty to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Diversified Royalty insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.52% of the stock of Diversified Royalty is held by insiders.

Percentage Held by Institutions

Only 14.90% of the stock of Diversified Royalty is held by institutions.

DIV Stock Analysis - Frequently Asked Questions

How have DIV shares performed this year?

Diversified Royalty's stock was trading at C$2.91 on January 1st, 2025. Since then, DIV stock has decreased by 2.1% and is now trading at C$2.85.
View the best growth stocks for 2025 here.

How were Diversified Royalty's earnings last quarter?

Diversified Royalty Corp. (TSE:DIV) issued its quarterly earnings data on Wednesday, November, 6th. The company reported $0.04 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.04. Diversified Royalty had a net margin of 51.17% and a trailing twelve-month return on equity of 12.02%.

How do I buy shares of Diversified Royalty?

Shares of DIV stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Diversified Royalty own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Diversified Royalty investors own include NVIDIA (NVDA), TELUS (T), Enbridge (ENB), Toronto-Dominion Bank (TD), Freehold Royalties (FRU), Whitecap Resources (WCP) and Algonquin Power & Utilities (AQN).

Company Calendar

• Last Earnings: 11/06/2024
• Ex-Dividend for 12/31 Dividend: 12/13/2024
• Dividend Payable: 12/31/2024
• Ex-Dividend for 1/31 Dividend: 1/15/2025
• Today: 1/22/2025
• Dividend Payable: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Conglomerates
• Sub-Industry: N/A
• Current Symbol: TSE:DIV
• Previous Symbol: TSE:BEV
• CUSIP: N/A
• CIK: N/A
• Web: diversifiedroyaltycorp.com
• Phone: +1-604-2353146
• Fax: N/A
• Employees: 39
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$3.80
• High Stock Price Target: C$4.00
• Low Stock Price Target: C$3.40
• Potential Upside/Downside: +33.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.21
• Trailing P/E Ratio: 13.57
• Forward P/E Ratio: 14.25
• P/E Growth: N/A
• Net Income: C$31.66 million
• Net Margins: 51.17%
• Pretax Margin: N/A
• Return on Equity: 12.02%
• Return on Assets: 6.68%

Debt

• Debt-to-Equity Ratio: 89.69
• Current Ratio: 5.73
• Quick Ratio: 1.74

Sales & Book Value

• Annual Sales: C$61.87 million
• Price / Sales: 7.62
• Cash Flow: C$0.07 per share
• Price / Cash Flow: 41.10
• Book Value: C$1.76 per share
• Price / Book: 1.62

Miscellaneous

• Outstanding Shares: 165,450,000
• Free Float: N/A
• Market Cap: C$471.53 million
• Optionable: Not Optionable
• Beta: 1.57