Should I buy or sell Black Diamond Group stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Diamond Group in the last year. There are currently 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BDI shares. View BDI analyst ratings or view top-rated stocks .

What is Black Diamond Group's stock price target for 2024?

3 Wall Street analysts have issued 12-month price targets for Black Diamond Group's shares. Their BDI share price targets range from C$8.25 to C$12.50. On average, they predict the company's share price to reach C$11.29 in the next year. This suggests a possible upside of 32.1% from the stock's current price. View analysts price targets for BDI or view top-rated stocks among Wall Street analysts .

How have BDI shares performed in 2024?

Black Diamond Group's stock was trading at C$8.17 at the beginning of the year. Since then, BDI stock has increased by 4.7% and is now trading at C$8.55. View the best growth stocks for 2024 here .

When is Black Diamond Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our BDI earnings forecast .

How were Black Diamond Group's earnings last quarter?

Black Diamond Group Limited (TSE:BDI) posted its quarterly earnings results on Thursday, February, 29th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.03. The company had revenue of $103.40 million for the quarter, compared to analysts' expectations of $89.70 million. Black Diamond Group had a trailing twelve-month return on equity of 11.11% and a net margin of 7.72%.

How often does Black Diamond Group pay dividends? What is the dividend yield for Black Diamond Group?

Black Diamond Group declared a quarterly dividend on Thursday, February 29th. Shareholders of record on Sunday, March 31st will be given a dividend of 0.03 per share on Monday, April 15th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend is Wednesday, March 27th. Read our dividend analysis for BDI .

Is Black Diamond Group a good dividend stock?

Black Diamond Group (TSE:BDI) pays an annual dividend of C$0.12 per share and currently has a dividend yield of 1.36%. The dividend payout ratio is 24.49%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for BDI .

What other stocks do shareholders of Black Diamond Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Black Diamond Group investors own include Xtrackers California Municipal Bond ETF (CA) , Endologix (ELGX) , BlackRock (BLK) , Hawkins (HWKN) , Chipotle Mexican Grill (CMG) , Aegean Marine Petroleum Network (ANW) , Athabasca Oil (ATH) , Gran Tierra Energy (GTE) , Och-Ziff Capital Management Group (OZM) and AutoZone (AZO) .

How do I buy shares of Black Diamond Group?

Shares of BDI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:BDI

Black Diamond Group (BDI) Stock Price, News & Analysis

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Free BDI Stock Alerts

C$8.55

+0.05 (+0.59%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$8.49
▼
C$8.57
50-Day Range: C$8.38
▼
C$9.85
52-Week Range: C$5.35
▼
C$9.92

Volume: 24,964 shs
Average Volume: 46,088 shs
Market Capitalization: C$514.80 million

P/E Ratio: 17.45
Dividend Yield: 1.40%
Price Target: C$11.29

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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Black Diamond Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.33 Rating Score
Upside/Downside: 32.1% Upside
C$11.29 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
C$479,979 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.59 out of 5 stars

3.7

Analyst's Opinion

Consensus Rating
Black Diamond Group has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Black Diamond Group has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for BDI.

1.7

Dividend Strength

Dividend Yield
Black Diamond Group pays a meaningful dividend of 1.36%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Black Diamond Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Black Diamond Group is 24.49%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BDI.

3.6

News and Social Media Coverage

News Sentiment
Black Diamond Group has a news sentiment score of 1.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Black Diamond Group this week, compared to 0 articles on an average week.
Search Interest
Only 1 people have searched for BDI on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.
MarketBeat Follows
1 people have added Black Diamond Group to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Black Diamond Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$479,979.00 in company stock.
Percentage Held by Insiders
24.18% of the stock of Black Diamond Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 7.24% of the stock of Black Diamond Group is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Black Diamond Group is 17.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of Black Diamond Group is 17.45, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 400.39.
Price to Book Value per Share Ratio
Black Diamond Group has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Black Diamond Group Stock (TSE:BDI)

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. Its products include office units, lavatories, storage units, large multi-unit office complexes, classroom facilities, banking and health care facilities, high security modular buildings, custom manufactured modular facilities, blast resistant structures, SmartSpace interchangeable paneled units, and storage containers. This segment also sells new and used space rentals units; and provides delivery, installation, project management, and ancillary rental items, products, and services. The Workforce Solutions segment provides workforce housing solutions, including rental of accommodations and surface equipment, and provision of turnkey lodging and travel management logistics services in Canada, the United States, and Australia. This segment also provides associated services, such as installation, transportation, dismantlement, and sale of used fleet assets. This segment primarily serves the resource, infrastructure, construction, disaster recovery, and education sectors. It also provides specialized field rentals to oil and gas industries. The company markets its rental assets, custom sales, and ancillary products and services through in-house sales personnel, its website, social media, web campaigns, and its digital marketplace. Black Diamond Group Limited was founded in 2003 and is headquartered in Calgary, Canada.

BDI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BDI Stock News Headlines

April 9, 2024 | insidertrades.com

Trevor Haynes Sells 10,000 Shares of Black Diamond Group Limited (TSE:BDI) Stock

March 22, 2024 | insidertrades.com

Black Diamond Group Limited (TSE:BDI) Director Steve Stein Sells 5,000 Shares

April 19, 2024 | InvestorPlace (Ad)

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March 20, 2024 | insidertrades.com

Patrick Melanson Sells 10,350 Shares of Black Diamond Group Limited (TSE:BDI) Stock

April 16, 2024 | americanbankingnews.com

Black Diamond Group (TSE:BDI) Shares Pass Above 200 Day Moving Average of $8.26

April 10, 2024 | finance.yahoo.com

Black Diamond Group (TSE:BDI) Might Have The Makings Of A Multi-Bagger

March 19, 2024 | finance.yahoo.com

Those who invested in Black Diamond Group (TSE:BDI) five years ago are up 398%

January 10, 2024 | finance.yahoo.com

Black Diamond Group Limited's (TSE:BDI) Stock Is Going Strong: Is the Market Following Fundamentals?

April 19, 2024 | InvestorPlace (Ad)

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October 19, 2023 | finance.yahoo.com

Is There An Opportunity With Black Diamond Group Limited's (TSE:BDI) 36% Undervaluation?

October 5, 2023 | finance.yahoo.com

Black Diamond Group (TSE:BDI) shareholders have earned a 59% CAGR over the last three years

June 30, 2023 | au.finance.yahoo.com

BDI.TO - Black Diamond Group Limited

June 15, 2023 | finance.yahoo.com

Black Diamond Group (TSE:BDI) Is Paying Out A Dividend Of CA$0.02

June 8, 2023 | finance.yahoo.com

At CA$6.20, Is Black Diamond Group Limited (TSE:BDI) Worth Looking At Closely?

May 25, 2023 | finance.yahoo.com

Returns On Capital Are Showing Encouraging Signs At Black Diamond Group (TSE:BDI)

May 11, 2023 | finance.yahoo.com

Black Diamond Group (TSE:BDI) Is Due To Pay A Dividend Of CA$0.02

May 2, 2023 | finance.yahoo.com

Black Diamond Group Limited (TSE:BDI) Shares Could Be 22% Above Their Intrinsic Value Estimate

January 16, 2023 | finance.yahoo.com

If EPS Growth Is Important To You, Black Diamond Group (TSE:BDI) Presents An Opportunity

December 28, 2022 | finance.yahoo.com

Is There Now An Opportunity In Black Diamond Group Limited (TSE:BDI)?

December 14, 2022 | finance.yahoo.com

Investors Will Want Black Diamond Group's (TSE:BDI) Growth In ROCE To Persist

November 6, 2022 | finance.yahoo.com

Black Diamond Group Limited's (TSE:BDI) Shares Climb 36% But Its Business Is Yet to Catch Up

November 6, 2022 | finance.yahoo.com

Black Diamond Group Limited's (TSE:BDI) 36% Share Price Surge Not Quite Adding Up

October 18, 2022 | finance.yahoo.com

Investing in Black Diamond Group (TSE:BDI) three years ago would have delivered you a 157% gain

December 25, 2021 | finance.yahoo.com

Income Investors Should Know That Black Diamond Group Limited (TSE:BDI) Goes Ex-Dividend Soon

December 4, 2021 | finance.yahoo.com

The Return Trends At Black Diamond Group (TSE:BDI) Look Promising

See More Headlines

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Company Calendar

Last Earnings: 2/29/2024
Ex-Dividend for 4/15 Dividend: 3/27/2024
Dividend Payable: 4/15/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/02/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Industrials
Industry: Rental & Leasing Services
Sub-Industry: N/A
Current Symbol: TSE:BDI
CUSIP: N/A
CIK: N/A
Web: www.blackdiamondlimited.com
Phone: +1-403-2064747
Fax: N/A
Employees: 485
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$11.29
High Stock Price Target: C$12.50
Low Stock Price Target: C$8.25
Potential Upside/Downside: +32.1%
Consensus Rating: Buy
Rating Score (0-4): 3.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.49
Trailing P/E Ratio: 17.45
Forward P/E Ratio: 18.59
P/E Growth: N/A
Net Income: C$30.36 million
Net Margins: 7.72%
Pretax Margin: N/A
Return on Equity: 11.11%
Return on Assets: 5.26%

Debt

Debt-to-Equity Ratio: 72.03
Current Ratio: 1.10
Quick Ratio: 1.05

Sales & Book Value

Annual Sales: C$393.50 million
Price / Sales: 1.31
Cash Flow: C$0.38 per share
Price / Cash Flow: 22.71
Book Value: C$4.82 per share
Price / Book: 1.77

Miscellaneous

Outstanding Shares: 60,210,000
Free Float: N/A
Market Cap: C$514.80 million
Optionable: Not Optionable
Beta: 1.73

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Key Executives

Mr. Trevor Haynes (Age 57)
Chairman, President & CEO
Comp: $1.57M
Mr. Toby Labrie
Executive VP & CFO
Mr. Michael Lenard Ridley (Age 61)
Executive VP & COO of Workforce Solutions
Comp: $853.11k
Mr. Edward J. Redmond M. ENG. (Age 62)
MBA, P. ENG., Executive VP & COO of Modular Space Solutions
Comp: $867.67k
Mr. Jason Alexander Zhang C.F.A.
Vice President of Capital Markets

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

BDI Stock Analysis - Frequently Asked Questions

Should I buy or sell Black Diamond Group stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Diamond Group in the last year. There are currently 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BDI shares.
View BDI analyst ratings or view top-rated stocks.
What is Black Diamond Group's stock price target for 2024?: 3 Wall Street analysts have issued 12-month price targets for Black Diamond Group's shares. Their BDI share price targets range from C$8.25 to C$12.50. On average, they predict the company's share price to reach C$11.29 in the next year. This suggests a possible upside of 32.1% from the stock's current price.
View analysts price targets for BDI or view top-rated stocks among Wall Street analysts.
How have BDI shares performed in 2024?: Black Diamond Group's stock was trading at C$8.17 at the beginning of the year. Since then, BDI stock has increased by 4.7% and is now trading at C$8.55.
View the best growth stocks for 2024 here.
When is Black Diamond Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our BDI earnings forecast.
How were Black Diamond Group's earnings last quarter?: Black Diamond Group Limited (TSE:BDI) posted its quarterly earnings results on Thursday, February, 29th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.03. The company had revenue of $103.40 million for the quarter, compared to analysts' expectations of $89.70 million. Black Diamond Group had a trailing twelve-month return on equity of 11.11% and a net margin of 7.72%.

How often does Black Diamond Group pay dividends? What is the dividend yield for Black Diamond Group?: Black Diamond Group declared a quarterly dividend on Thursday, February 29th. Shareholders of record on Sunday, March 31st will be given a dividend of 0.03 per share on Monday, April 15th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for BDI.
Is Black Diamond Group a good dividend stock?: Black Diamond Group (TSE:BDI) pays an annual dividend of C$0.12 per share and currently has a dividend yield of 1.36%. The dividend payout ratio is 24.49%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BDI.
What other stocks do shareholders of Black Diamond Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Black Diamond Group investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Gran Tierra Energy (GTE), Och-Ziff Capital Management Group (OZM) and AutoZone (AZO).
How do I buy shares of Black Diamond Group?: Shares of BDI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:BDI) was last updated on 4/19/2024 by MarketBeat.com Staff

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Black Diamond Group (BDI) Stock Price, News & Analysis

Black Diamond Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Black Diamond Group Stock (TSE:BDI)

BDI Stock Price History

BDI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

BDI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™