Brokers Set Expectations for TSE:DIV Q1 Earnings

Diversified Royalty Corp. (TSE:DIV) – Equities researchers at Cormark issued their Q1 2025 EPS estimates for shares of Diversified Royalty in a note issued to investors on Wednesday, March 26th. Cormark analyst J. Fenwick expects 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 research firms have also recently commented on DIV. Desjardins set a C$3.75 price target on Diversified Royalty and gave the stock a “buy” rating in a research note on Wednesday, February 26th. CIBC upped their target price on Diversified Royalty from C$3.00 to C$3.10 and gave the company a “neutral” rating in a research report on Tuesday. Two research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Diversified Royalty presently has a consensus rating of “Moderate Buy” and an average price target of C$3.62.

Diversified Royalty Stock Performance

TSE:DIV opened at C$2.78 on Thursday. The firm has a 50-day moving average of C$2.80 and a two-hundred day moving average of C$2.91. The company has a debt-to-equity ratio of 90.70, a current ratio of 4.28 and a quick ratio of 1.74. The stock has a market cap of C$425.01 million, a P/E ratio of 14.51 and a beta of 1.57. Diversified Royalty has a 1-year low of C$2.50 and a 1-year high of C$3.09.

Diversified Royalty Announces Dividend

The business also recently declared 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. The ex-dividend date is Friday, March 14th. This represents a $0.25 annualized dividend and a dividend yield of 8.98%. Diversified Royalty’s payout ratio is 130.49%.

About Diversified Royalty

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.