What is Cormark’s Estimate for TSE:BDI FY2024 Earnings?

Black Diamond Group Limited (TSE:BDI) – Investment analysts at Cormark issued their FY2024 EPS estimates for Black Diamond Group in a research note issued to investors on Wednesday, December 18th. Cormark analyst K. Mcphee expects that the company will post earnings of $0.41 per share for the year. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Black Diamond Group’s current full-year earnings is $0.53 per share. Cormark also issued estimates for Black Diamond Group’s FY2025 earnings at $0.39 EPS and FY2026 earnings at $0.59 EPS.

Black Diamond Group Trading Down 0.1 %

Shares of TSE:BDI opened at C$9.41 on Monday. Black Diamond Group has a fifty-two week low of C$7.40 and a fifty-two week high of C$10.27. The company has a quick ratio of 1.05, a current ratio of 1.18 and a debt-to-equity ratio of 84.84. The company has a market cap of C$563.75 million, a PE ratio of 19.60 and a beta of 1.54. The company’s 50-day moving average price is C$9.07 and its 200 day moving average price is C$9.03.

Black Diamond Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.035 per share. The ex-dividend date is Tuesday, December 31st. This is an increase from Black Diamond Group’s previous quarterly dividend of $0.03. This represents a $0.14 annualized dividend and a dividend yield of 1.49%. Black Diamond Group’s payout ratio is currently 25.00%.

Insider Buying and Selling

In other Black Diamond Group news, Senior Officer Michael Lenard Ridley sold 9,329 shares of the firm’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of C$9.37, for a total transaction of C$87,412.73. Also, Senior Officer Tobias Gerald Labrie sold 15,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of C$9.40, for a total transaction of C$141,000.00. Insiders sold 58,049 shares of company stock valued at $545,432 in the last three months. 23.83% of the stock is currently owned by corporate insiders.

Black Diamond Group Company Profile

Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and defense industries in North America.