TSE:DIV Diversified Royalty (DIV) Stock Price, News & Analysis → The #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique Way (From Smallcaps Daily) (Ad) Free DIV Stock Alerts C$2.82 0.00 (0.00%) (As of 05/16/2024 ET) Add Compare Share Share Today's RangeC$2.81▼C$2.8350-Day RangeC$2.77▼C$2.9252-Week RangeC$2.35▼C$3.05Volume177,949 shsAverage Volume245,573 shsMarket CapitalizationC$464.34 millionP/E Ratio12.82Dividend Yield8.87%Price TargetC$3.47 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines Get Diversified Royalty alerts: Email Address Diversified Royalty MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside22.9% UpsideC$3.47 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.01Based on 9 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.1.19 out of 5 stars 2.3 Analyst's Opinion Consensus RatingDiversified Royalty has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageDiversified Royalty has only been the subject of 2 research reports in the past 90 days.Read more about Diversified Royalty's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for DIV. Previous Next 1.7 Dividend Strength Dividend LeadershipDiversified Royalty is a leading dividend payer. It pays a dividend yield of 8.77%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDiversified Royalty does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Diversified Royalty is 113.64%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Diversified Royalty's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DIV. Previous Next 2.8 News and Social Media Coverage News SentimentDiversified Royalty has a news sentiment score of 0.01. 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 lower news sentiment than the 0.35 average news sentiment score of Industrials companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Diversified Royalty this week, compared to 2 articles on an average week.Search Interest9 people have searched for DIV on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat Follows4 people have added Diversified Royalty to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Diversified Royalty insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.50% of the stock of Diversified Royalty is held by insiders.Percentage Held by InstitutionsOnly 14.94% of the stock of Diversified Royalty is held by institutions.Read more about Diversified Royalty's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Diversified Royalty is 12.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Diversified Royalty is 12.82, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 415.14.Price to Book Value per Share RatioDiversified Royalty has a P/B Ratio of 1.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Diversified Royalty's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingLook Who Fired the World’s Richest ManThis company is tiny… but already has contracts with 30 federal agencies and services some of the biggest companies in the U.S. And demand for the technology is unprecedented … “unlike anything we have seen in the past,” says a spokesman.Get the full story here. About Diversified Royalty Stock (TSE:DIV)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. The company was formerly known as BENEV Capital Inc. and changed its name to Diversified Royalty Corp. in September 2014. Diversified Royalty Corp. was founded in 1960 and is headquartered in Vancouver, Canada.Read More DIV Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DIV Stock News HeadlinesMay 16 at 2:24 AM | americanbankingnews.comCibc World Mkts Downgrades Diversified Royalty (TSE:DIV) to HoldMay 15 at 1:58 AM | americanbankingnews.comCIBC Downgrades Diversified Royalty (TSE:DIV) to NeutralMay 11, 2024 | finance.yahoo.comDiversified Royalty First Quarter 2024 Earnings: EPS: CA$0.049 (vs CA$0.047 in 1Q 2023)May 8, 2024 | juniorminingnetwork.comAltius Minerals Reports Q1 2024 Attributable Royalty Revenue of $17.4M and Adjusted Earnings(1) of $3.5MMay 8, 2024 | markets.businessinsider.comDiversified Royalty earnings preview: what Wall Street is expectingMay 8, 2024 | americanbankingnews.comDiversified Royalty (DIV) to Release Earnings on ThursdayMay 7, 2024 | lse.co.ukAdam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24May 4, 2024 | theglobeandmail.comClosing Bell: Diversified Royalty Corp 6.00 Pct Debs flat on Thursday (DIV-DB-A)May 2, 2024 | msn.comGlencore’s ferrochrome output dips as it idles Rustenburg smelterMay 1, 2024 | dailymail.co.ukMeghan Markle's new Netflix show is filming on cannabis farm at center of feud over intense stench in Carpinteria neighborhoodApril 30, 2024 | ca.finance.yahoo.comCiti CEO says US consumers are more cautious, emphasizes bank overhaulApril 30, 2024 | finance.yahoo.comTrident Royalties PLC Announces Notice of Q1 2024 Activities UpdateApril 29, 2024 | finance.yahoo.comFlow Capital Announces 2023 Annual Audited Financial ResultsApril 28, 2024 | msn.com3 Fabulous Dividend Stocks to Buy in AprilApril 26, 2024 | finance.yahoo.comAtomera (ATOM) Q1 2024 Earnings Call TranscriptApril 26, 2024 | msn.comBest 19 Income Producing Assets for Passive Income You Need to KnowApril 26, 2024 | bloomberg.comCredit Investors Snap Up Bonds Backed by Art Loans, Internet AddressesApril 25, 2024 | msn.comSmart TFSA Contributions: Where to Invest $7,000 WiselyApril 23, 2024 | finance.yahoo.comWith EPS Growth And More, Diversified Royalty (TSE:DIV) Makes An Interesting CaseApril 12, 2024 | msn.com2 Energy Stocks to Buy Hand Over Fist in AprilApril 10, 2024 | nasdaq.comTop 5 Gold Stocks on the TSX in 2024April 9, 2024 | finance.yahoo.comElectric Royalties Signs Asset Purchase Agreement To Acquire Lithium Royalty and Option PortfolioApril 8, 2024 | msn.comDiversify your portfolio: 13 rappers in real estateApril 8, 2024 | msn.comWestgold to acquire Karora Resources in CanadaApril 7, 2024 | finance.yahoo.comDiversified Royalty (TSE:DIV) Has Affirmed Its Dividend Of CA$0.0208See More Headlines Receive DIV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Diversified Royalty and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/21/2024Ex-Dividend for 4/30 Dividend4/12/2024Dividend Payable4/30/2024Ex-Dividend for 5/31 Dividend5/14/2024Today5/16/2024Dividend Payable5/31/2024Next Earnings (Estimated)8/12/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorIndustrials Industry Conglomerates Sub-IndustryN/A Current SymbolTSE:DIV Previous SymbolTSE:BEV CUSIPN/A CIKN/A Webdiversifiedroyaltycorp.com Phone+1-604-2353146FaxN/AEmployees39Year FoundedN/APrice Target and Rating Average Stock Price TargetC$3.47 High Stock Price TargetC$4.00 Low Stock Price TargetC$3.00 Potential Upside/Downside+22.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.22 Trailing P/E Ratio12.82 Forward P/E Ratio15.60 P/E GrowthN/ANet IncomeC$31.72 million Net Margins56.15% Pretax MarginN/A Return on Equity13.46% Return on Assets6.18% Debt Debt-to-Equity Ratio128.77 Current Ratio0.69 Quick Ratio1.74 Sales & Book Value Annual SalesC$56.49 million Price / Sales8.22 Cash FlowC$0.07 per share Price / Cash Flow41.10 Book ValueC$1.65 per share Price / Book1.71Miscellaneous Outstanding Shares164,660,000Free FloatN/AMarket CapC$464.34 million OptionableNot Optionable Beta1.58 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Sean Morrison C.A. (Age 54)CPA, President & CEO Comp: $1.19MMr. Greg GutmanisCFO, VP of Acquisitions & Corporate SecretaryMs. Abigail MeanaCorporate ControllerMr. Adrian LawCorporate ControllerKey CompetitorsAcasta EnterprisesTSE:AEFDecisive DividendCVE:DEInformation ServicesTSE:ISVBlack Diamond GroupTSE:BDIMagellan AerospaceTSE:MALView All Competitors DIV Stock Analysis - Frequently Asked Questions Should I buy or sell Diversified Royalty stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diversified Royalty in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" DIV shares. View DIV analyst ratings or view top-rated stocks. What is Diversified Royalty's stock price target for 2024? 4 brokers have issued 1-year price targets for Diversified Royalty's shares. Their DIV share price targets range from C$3.00 to C$4.00. On average, they predict the company's stock price to reach C$3.47 in the next year. This suggests a possible upside of 22.9% from the stock's current price. View analysts price targets for DIV or view top-rated stocks among Wall Street analysts. How have DIV shares performed in 2024? Diversified Royalty's stock was trading at C$2.73 at the start of the year. Since then, DIV stock has increased by 3.3% and is now trading at C$2.82. View the best growth stocks for 2024 here. When is Diversified Royalty's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024. View our DIV earnings forecast. How were Diversified Royalty's earnings last quarter? Diversified Royalty Corp. (TSE:DIV) announced its earnings results on Thursday, March, 21st. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.01. The company earned $16.39 million during the quarter, compared to analysts' expectations of $16.84 million. Diversified Royalty had a trailing twelve-month return on equity of 13.46% and a net margin of 56.15%. How often does Diversified Royalty pay dividends? What is the dividend yield for Diversified Royalty? Diversified Royalty declared a monthly dividend on Thursday, May 2nd. Investors of record on Wednesday, May 15th will be paid a dividend of 0.021 per share on Friday, May 31st. This represents a $0.25 annualized dividend and a dividend yield of 8.94%. The ex-dividend date is Tuesday, May 14th. Read our dividend analysis for DIV. Is Diversified Royalty a good dividend stock? Diversified Royalty (TSE:DIV) pays an annual dividend of C$0.25 per share and currently has a dividend yield of 8.77%. DIV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 113.64%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for DIV. What other stocks do shareholders of Diversified Royalty own? Based on aggregate information from My MarketBeat watchlists, some companies that other Diversified Royalty investors own include Bombardier, Inc. Class B (BBD.B), Whitecap Resources (WCP), American Hotel Income Properties REIT (HOT.UN), TransAlta Renewables (RNW), Slate Office REIT (SOT.UN), Pembina Pipeline (PPL), Vermilion Energy (VET), Athabasca Oil (ATH) and Enbridge (ENB). How do I buy shares of Diversified Royalty? Shares of DIV 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:DIV) was last updated on 5/16/2024 by MarketBeat.com Staff From Our PartnersHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportBiden to Drop BOMBSHELL June 13th?Paradigm PressElon to Transform U.S. Economy? 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