Cormark Issues Optimistic Estimate for Dye & Durham Earnings

Dye & Durham Limited (TSE:DND) – Cormark upped their FY2025 earnings per share (EPS) estimates for shares of Dye & Durham in a report issued on Monday, January 6th. Cormark analyst G. Fairweather now forecasts that the company will post earnings of $0.00 per share for the year, up from their prior estimate 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 posted its quarterly earnings data on Thursday, November 7th. The company reported C($0.14) EPS for the quarter. The company had revenue of C$119.93 million during the quarter, compared to analyst estimates of C$120.30 million. Dye & Durham had a negative return on equity of 42.91% and a negative net margin of 38.23%.

Several other research firms have also weighed in on DND. CIBC lifted their price objective on Dye & Durham from C$22.00 to C$30.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 18th. Canaccord Genuity Group lowered their target price on Dye & Durham from C$30.00 to C$27.50 and set a “buy” rating for the company in a report on Wednesday, December 18th. Canaccord Genuity Group boosted their price target on Dye & Durham from C$27.00 to C$30.00 in a research note on Friday, November 29th. Finally, BMO Capital Markets raised their price objective on shares of 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. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Dye & Durham currently has a consensus rating of “Buy” and a consensus price target of C$24.71.

Dye & Durham Stock Down 0.1 %

Dye & Durham stock opened at C$17.30 on Thursday. The firm has a market cap of C$1.16 billion, a price-to-earnings ratio of -5.90 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 52-week low of C$10.92 and a 52-week high of C$22.59. The firm has a 50 day moving average price of C$18.75 and a two-hundred day moving average price of C$15.67.

Dye & Durham Dividend Announcement

The company 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. This represents a $0.08 annualized dividend and a yield of 0.44%. The ex-dividend date was Thursday, November 14th. Dye & Durham’s dividend payout ratio (DPR) is presently -2.73%.

Insiders Place Their Bets

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