FY2024 EPS Estimates for Dye & Durham Limited (TSE:DND) Raised by Cormark

Dye & Durham Limited (TSE:DND - Free Report) - Equities research analysts at Cormark lifted their FY2024 earnings per share estimates for Dye & Durham in a research note issued to investors on Wednesday, May 15th. Cormark analyst G. Fairweather now forecasts that the company will post earnings of ($0.61) per share for the year, up from their previous estimate of ($0.66). The consensus estimate for Dye & Durham's current full-year earnings is $0.11 per share.

Several other equities research analysts have also recently weighed in on the company. CIBC reduced their price target on Dye & Durham from C$21.50 to C$21.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 14th. Canaccord Genuity Group reduced their price target on Dye & Durham from C$30.00 to C$25.00 and set a "buy" rating on the stock in a research note on Monday, February 12th. Raymond James upped their price target on Dye & Durham from C$16.00 to C$22.00 and gave the stock an "outperform" rating in a research note on Wednesday, May 15th. Finally, Scotiabank reduced their price target on Dye & Durham from C$24.00 to C$23.00 in a research note on Wednesday, May 15th.

Dye & Durham Trading Down 0.6 %

Shares of DND traded down C$0.08 during mid-day trading on Monday, hitting C$13.79. 267,089 shares of the company's stock traded hands, compared to its average volume of 194,573. The company has a quick ratio of 1.98, a current ratio of 1.33 and a debt-to-equity ratio of 287.37. Dye & Durham has a 1 year low of C$7.46 and a 1 year high of C$21.21. The firm has a market capitalization of C$922.41 million, a P/E ratio of -5.09 and a beta of 2.16. The business's 50-day moving average price is C$15.05 and its 200-day moving average price is C$13.82.

Dye & Durham Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Tuesday, May 21st will be issued a $0.019 dividend. This represents a $0.08 annualized dividend and a yield of 0.55%. The ex-dividend date of this dividend is Friday, May 17th. Dye & Durham's dividend payout ratio (DPR) is -2.95%.

Dye & Durham Company Profile

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.