Cormark Increases Earnings Estimates for Black Diamond Group

Black Diamond Group Limited (TSE:BDI) – Equities researchers at Cormark upped their FY2025 EPS estimates for Black Diamond Group in a report issued on Monday, August 11th. Cormark analyst K. Mcphee now anticipates that the company will post earnings per share of $0.48 for the year, up from their prior estimate of $0.41. 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 FY2026 earnings at $0.55 EPS and FY2027 earnings at $0.84 EPS.

Black Diamond Group Stock Up 0.3%

Shares of TSE BDI opened at C$11.83 on Wednesday. Black Diamond Group has a 1 year low of C$7.60 and a 1 year high of C$12.40. The firm’s 50 day moving average price is C$10.71 and its 200 day moving average price is C$9.41. The firm has a market cap of C$736.54 million, a P/E ratio of 29.97 and a beta of 1.54. The company has a debt-to-equity ratio of 88.46, a quick ratio of 1.05 and a current ratio of 1.17.

Black Diamond Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be given a dividend of $0.035 per share. This represents a $0.14 dividend on an annualized basis and a yield of 1.2%. Black Diamond Group’s dividend payout ratio (DPR) is currently 30.40%.

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.