FY2026 Earnings Forecast for TSE:DIV Issued By Cormark

Diversified Royalty Corp. (TSE:DIV) – Cormark issued their FY2026 earnings per share estimates for shares of Diversified Royalty in a report issued on Friday, November 8th. Cormark analyst J. Fenwick anticipates that the company will earn $0.21 per share for the year. The consensus estimate for Diversified Royalty’s current full-year earnings is $0.20 per share.

Several other equities research analysts have also issued reports on the stock. Ventum Financial set a C$4.00 target price on shares of Diversified Royalty and gave the company a “buy” rating in a research report on Tuesday, September 24th. Ventum Cap Mkts raised shares of Diversified Royalty to a “strong-buy” rating in a report on Tuesday, September 24th. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$3.80.

Diversified Royalty Stock Performance

Shares of DIV opened at C$3.04 on Monday. Diversified Royalty has a 12-month low of C$2.52 and a 12-month high of C$3.09. The company has a current ratio of 5.73, a quick ratio of 1.74 and a debt-to-equity ratio of 89.69. The company has a market cap of C$502.97 million, a PE ratio of 14.52 and a beta of 1.57. The stock has a 50-day moving average price of C$2.97 and a 200-day moving average price of C$2.84.

Diversified Royalty Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 29th will be given a dividend of $0.021 per share. This represents a $0.25 dividend on an annualized basis and a yield of 8.29%. The ex-dividend date of this dividend is Friday, November 15th. Diversified Royalty’s payout ratio is currently 119.05%.

Diversified Royalty Company Profile

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It owns the Sutton, Mr. Lube + Tires, AIR MILES, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, and BarBurrito trademarks.