What is Cormark’s Estimate for TSE:DIV FY2026 Earnings?

Diversified Royalty Corp. (TSE:DIV) – Research analysts at Cormark issued their FY2026 earnings per share (EPS) estimates for Diversified Royalty in a note issued to investors on Friday, November 8th. Cormark analyst J. Fenwick expects that the company will post earnings per share of $0.21 for the year. The consensus estimate for Diversified Royalty’s current full-year earnings is $0.20 per share.

Several other equities research analysts have also commented on the company. Ventum Cap Mkts upgraded Diversified Royalty to a “strong-buy” rating in a research report on Tuesday, September 24th. Ventum Financial set a C$4.00 price target on Diversified Royalty and gave the stock a “buy” rating in a report on Tuesday, September 24th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Diversified Royalty has a consensus rating of “Moderate Buy” and an average target price of C$3.80.

Diversified Royalty Price Performance

DIV stock opened at C$3.05 on Monday. The company has a quick ratio of 1.74, a current ratio of 5.73 and a debt-to-equity ratio of 89.69. The company’s fifty day simple moving average is C$2.96 and its 200 day simple moving average is C$2.83. Diversified Royalty has a 12-month low of C$2.52 and a 12-month high of C$3.09. The firm has a market cap of C$504.62 million, a price-to-earnings ratio of 14.52 and a beta of 1.57.

Diversified Royalty (TSE:DIV) last posted its quarterly earnings data on Friday, August 9th. The company reported C$0.05 EPS for the quarter, meeting analysts’ consensus estimates of C$0.05. Diversified Royalty had a net margin of 51.17% and a return on equity of 12.02%. The company had revenue of C$16.78 million for the quarter, compared to analyst estimates of C$17.50 million.

Diversified Royalty Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a $0.021 dividend. This represents a $0.25 annualized dividend and a yield of 8.26%. The ex-dividend date of this dividend is Friday, November 15th. Diversified Royalty’s payout ratio is currently 119.05%.

About Diversified Royalty

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It owns the Sutton, Mr. Lube + Tires, AIR MILES, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, and BarBurrito trademarks.