
Diversified Royalty Corp. (TSE:DIV – Free Report) – Research analysts at Raymond James Financial boosted their FY2026 earnings estimates for shares of Diversified Royalty in a report released on Thursday, November 13th. Raymond James Financial analyst M. Glen now anticipates that the company will post earnings of $0.23 per share for the year, up from their prior estimate of $0.22. The consensus estimate for Diversified Royalty’s current full-year earnings is $0.20 per share.
DIV has been the subject of a number of other research reports. Desjardins raised their target price on Diversified Royalty from C$3.75 to C$4.00 in a research note on Thursday, August 7th. CIBC increased their price objective on Diversified Royalty from C$3.50 to C$4.00 in a report on Friday. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$3.87.
Diversified Royalty Price Performance
DIV stock opened at C$3.60 on Monday. The company has a debt-to-equity ratio of 90.70, a current ratio of 4.28 and a quick ratio of 1.74. Diversified Royalty has a 1 year low of C$2.50 and a 1 year high of C$3.82. The firm has a 50-day moving average of C$3.59 and a 200 day moving average of C$3.33. The company has a market cap of C$610.80 million, a P/E ratio of 22.50 and a beta of 0.92.
Diversified Royalty (TSE:DIV – Get Free Report) last posted its earnings results on Thursday, November 13th. The company reported C$0.05 EPS for the quarter. The firm had revenue of C$15.67 million during the quarter. Diversified Royalty had a net margin of 49.25% and a return on equity of 11.46%.
Diversified Royalty Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 28th will be paid a dividend of $0.0229 per share. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Friday, November 14th. Diversified Royalty’s dividend payout ratio (DPR) is currently 157.53%.
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.
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