What is Cormark’s Forecast for Dye & Durham FY2025 Earnings?

Dye & Durham Limited (TSE:DND) – Equities research analysts at Cormark lifted their FY2025 earnings per share (EPS) estimates for Dye & Durham in a report released on Monday, January 6th. Cormark analyst G. Fairweather now forecasts that the company will earn $0.00 per share for the year, up from their prior forecast of ($0.02). The consensus estimate for Dye & Durham’s current full-year earnings is $0.11 per share. Cormark also issued estimates for Dye & Durham’s FY2026 earnings at ($0.13) EPS.

Dye & Durham (TSE:DND) last announced its quarterly earnings data on Thursday, November 7th. The company reported C($0.14) EPS for the quarter. The firm had revenue of C$119.93 million for the quarter, compared to the consensus estimate of C$120.30 million. Dye & Durham had a negative net margin of 38.23% and a negative return on equity of 42.91%.

Several other equities analysts have also commented on the stock. CIBC increased their target price on shares of Dye & Durham from C$22.00 to C$30.00 and gave the company an “outperform” rating in a report on Wednesday, December 18th. Canaccord Genuity Group boosted their target price on Dye & Durham from C$27.00 to C$30.00 in a research note on Friday, November 29th. BMO Capital Markets raised their price target on Dye & Durham from C$18.00 to C$23.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. Finally, Canaccord Genuity Group decreased their price target on Dye & Durham from C$30.00 to C$27.50 and set a “buy” rating on the stock in a research note on Wednesday, December 18th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$24.71.

Dye & Durham Trading Down 1.7 %

DND stock opened at C$16.98 on Thursday. The company has a market capitalization of C$1.14 billion, a PE ratio of -5.80 and a beta of 2.09. The company has a debt-to-equity ratio of 402.18, a quick ratio of 1.98 and a current ratio of 1.00. Dye & Durham has a one year low of C$10.92 and a one year high of C$22.59. The company’s 50 day moving average price is C$18.71 and its two-hundred day moving average price is C$15.71.

Dye & Durham Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 14th were issued a dividend of $0.019 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $0.08 dividend on an annualized basis and a yield of 0.45%. Dye & Durham’s dividend payout ratio is presently -2.73%.

Insider Buying and Selling at Dye & Durham

In related news, Director Eric Shahinian purchased 12,300 shares of Dye & Durham stock in a transaction that occurred on Tuesday, December 31st. The shares were bought at an average price of C$17.35 per share, for a total transaction of C$213,433.29. Also, insider Plantro Ltd. sold 1,000,000 shares of the stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of C$19.15, for a total transaction of C$19,150,000.00. 25.60% of the stock is currently owned by corporate insiders.

Dye & Durham Company Profile

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.