TSE:DIV FY2026 EPS Increased by Raymond James Financial

Diversified Royalty Corp. (TSE:DIV) – Analysts at Raymond James Financial lifted their FY2026 EPS estimates for Diversified Royalty in a research report issued on Thursday, November 13th. Raymond James Financial analyst M. Glen now anticipates that the company will post earnings of $0.23 per share for the year, up from their prior estimate of $0.22. The consensus estimate for Diversified Royalty’s current full-year earnings is $0.20 per share.

Other analysts have also issued reports about the company. Desjardins boosted their price target on Diversified Royalty from C$3.75 to C$4.00 in a report on Thursday, August 7th. CIBC boosted their target price on Diversified Royalty from C$3.50 to C$4.00 in a research note on Friday. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Diversified Royalty currently has a consensus rating of “Moderate Buy” and a consensus target price of C$3.87.

Diversified Royalty Price Performance

Shares of TSE DIV opened at C$3.51 on Monday. The company has a fifty day moving average price of C$3.59 and a 200 day moving average price of C$3.33. Diversified Royalty has a 1-year low of C$2.50 and a 1-year high of C$3.82. The firm has a market cap of C$595.53 million, a PE ratio of 21.94 and a beta of 0.92. The company has a current ratio of 4.28, a quick ratio of 1.74 and a debt-to-equity ratio of 90.70.

Diversified Royalty (TSE:DIV) last issued its quarterly earnings data on Thursday, November 13th. The company reported C$0.05 earnings per share (EPS) for the quarter. The company had revenue of C$15.67 million during the quarter. Diversified Royalty had a net margin of 49.25% and a return on equity of 11.46%.

Diversified Royalty Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 28th will be given a $0.0229 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. Diversified Royalty’s payout ratio is currently 157.53%.

Diversified Royalty Company Profile

Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. As a part of the investment strategy, the firm always purchases trademarks of the companies it is going to acquire. The company gives its partners the benefit of full operational control of their business, participation in the growth of their company, and tax deductibility on royal payments.