Diversified Royalty Corp. (TSE:DIV – Free Report) – Research analysts at Raymond James issued their Q1 2025 earnings per share estimates for Diversified Royalty in a report issued on Tuesday, March 25th. Raymond James analyst M. Glen expects that the company will earn $0.04 per share for the quarter. The consensus estimate for Diversified Royalty’s current full-year earnings is $0.20 per share. Raymond James also issued estimates for Diversified Royalty’s Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.05 EPS, Q4 2025 earnings at $0.05 EPS and FY2026 earnings at $0.20 EPS.
Several other equities research analysts have also commented on DIV. Desjardins set a C$3.75 price target on shares of Diversified Royalty and gave the stock a “buy” rating in a research note on Wednesday, February 26th. CIBC lifted their target price on Diversified Royalty from C$3.00 to C$3.10 and gave the stock a “neutral” rating in a research report on Tuesday. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$3.62.
Diversified Royalty Stock Down 1.1 %
Shares of TSE:DIV opened at C$2.78 on Thursday. The firm has a 50 day simple moving average of C$2.80 and a 200-day simple moving average of C$2.91. Diversified Royalty has a twelve month low of C$2.50 and a twelve month high of C$3.09. The company has a current ratio of 4.28, a quick ratio of 1.74 and a debt-to-equity ratio of 90.70. The company has a market capitalization of C$425.01 million, a PE ratio of 14.51 and a beta of 1.57.
Diversified Royalty Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 31st will be given a $0.0208 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.25 annualized dividend and a yield of 8.98%. Diversified Royalty’s dividend payout ratio (DPR) 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.
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