What is Cormark’s Estimate for TSE:BDI FY2027 Earnings?

Black Diamond Group Limited (TSE:BDI) – Equities research analysts at Cormark issued their FY2027 earnings per share estimates for Black Diamond Group in a research note issued on Wednesday, December 18th. Cormark analyst K. Mcphee anticipates that the company will post earnings per share of $0.80 for the year. Cormark has a “Moderate Buy” rating on the stock. The consensus estimate for Black Diamond Group’s current full-year earnings is $0.53 per share.

Separately, Raymond James lifted their price objective on Black Diamond Group from C$12.00 to C$14.00 and gave the stock a “strong-buy” rating in a research note on Monday, August 26th.

Black Diamond Group Trading Up 0.6 %

TSE:BDI opened at C$9.39 on Friday. The firm has a market cap of C$562.55 million, a price-to-earnings ratio of 19.56 and a beta of 1.54. Black Diamond Group has a 12 month low of C$7.40 and a 12 month high of C$10.27. The company has a quick ratio of 1.05, a current ratio of 1.18 and a debt-to-equity ratio of 84.84. The company’s 50 day moving average is C$9.07 and its 200-day moving average is C$9.01.

Insider Activity at Black Diamond Group

In other news, Senior Officer Tobias Gerald Labrie sold 15,000 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of C$9.40, for a total value of C$141,000.00. Also, Senior Officer Michael Lenard Ridley sold 9,329 shares of the firm’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of C$9.37, for a total transaction of C$87,412.73. Insiders sold 49,049 shares of company stock valued at $460,652 in the last ninety days. Insiders own 23.83% of the company’s stock.

Black Diamond Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.035 dividend. This represents a $0.14 annualized dividend and a dividend yield of 1.49%. The ex-dividend date is Tuesday, December 31st. This is an increase from Black Diamond Group’s previous quarterly dividend of $0.03. Black Diamond Group’s payout ratio is currently 25.00%.

Black Diamond Group Company Profile

Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and defense industries in North America.