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

Diversified Royalty Corp. (TSE:DIV) – Equities researchers at Cormark issued their Q1 2025 earnings per share estimates for shares of Diversified Royalty in a research report issued on Wednesday, March 26th. Cormark analyst J. Fenwick forecasts that the company will post earnings of $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.

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

Diversified Royalty Price Performance

TSE DIV opened at C$2.81 on Thursday. The stock has a market cap of C$429.59 million, a price-to-earnings ratio of 14.67 and a beta of 1.57. Diversified Royalty has a 12 month low of C$2.50 and a 12 month high of C$3.09. The company’s 50 day moving average is C$2.80 and its two-hundred day moving average is C$2.91. The company has a current ratio of 4.28, a quick ratio of 1.74 and a debt-to-equity ratio of 90.70.

Diversified Royalty Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 31st will be given a dividend of $0.0208 per share. This represents a $0.25 annualized dividend and a dividend yield of 8.88%. The ex-dividend date is Friday, March 14th. Diversified Royalty’s 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.