Dye & Durham Limited to Post FY2025 Earnings of ($0.04) Per Share, Cormark Forecasts (TSE:DND)

Dye & Durham Limited (TSE:DND) – Stock analysts at Cormark cut their FY2025 EPS estimates for Dye & Durham in a research note issued to investors on Monday, July 22nd. Cormark analyst G. Fairweather now forecasts that the company will post earnings of ($0.04) per share for the year, down from their prior forecast of $0.11. The consensus estimate for Dye & Durham’s current full-year earnings is $0.11 per share.

Dye & Durham (TSE:DND) last released its quarterly earnings data on Tuesday, May 14th. The company reported C$0.19 EPS for the quarter. The firm had revenue of C$107.32 million for the quarter, compared to analysts’ expectations of C$111.60 million. Dye & Durham had a negative return on equity of 31.62% and a negative net margin of 34.81%.

Several other analysts have also issued reports on DND. Raymond James boosted their price objective on shares of Dye & Durham from C$16.00 to C$22.00 and gave the company an “outperform” rating in a report on Wednesday, May 15th. Scotiabank reduced their price target on shares of Dye & Durham from C$24.00 to C$23.00 in a research note on Wednesday, May 15th.

Dye & Durham Price Performance

TSE:DND opened at C$12.95 on Thursday. The company has a market capitalization of C$866.36 million, a P/E ratio of -4.78 and a beta of 2.18. The company has a quick ratio of 1.98, a current ratio of 1.33 and a debt-to-equity ratio of 286.80. Dye & Durham has a 52 week low of C$7.46 and a 52 week high of C$20.54. The stock’s fifty day moving average is C$12.62 and its two-hundred day moving average is C$13.63.

Dye & Durham Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 28th. Shareholders of record on Tuesday, May 21st were paid a dividend of $0.019 per share. The ex-dividend date was Friday, May 17th. This represents a $0.08 dividend on an annualized basis and a yield of 0.59%. Dye & Durham’s dividend payout ratio (DPR) is presently -2.95%.

About Dye & Durham

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.