Dominion Diamond Corporation Company Profile (NYSE:DDC)

About Dominion Diamond Corporation (NYSE:DDC)

Dominion Diamond Corporation logoDominion Diamond Corp is a diamond mining company. The Company is focused on the mining and marketing of rough diamonds to the global market. The Company's segments include the Ekati Diamond Mine, the Diavik Diamond Mine and the Corporate segment. It supplies rough diamonds to the global market from its operation of the Ekati Diamond Mine (in which it owns a controlling interest) and its approximately 40% ownership interest in the Diavik Diamond Mine. It controls the Ekati Diamond Mine, as well as the associated diamond sorting and sales facilities in Toronto and Yellowknife, Canada, Mumbai, India, and Antwerp, Belgium. The Ekati Diamond Mine consists of the Core Zone, which includes the operating mine and other permitted kimberlite pipes, as well as the Buffer Zone, an adjacent area hosting kimberlite pipes having both development and exploration potential, such as the Jay kimberlite pipe and the Lynx kimberlite pipe.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Diamond Mining
  • Sub-Industry: N/A
  • Symbol: NYSE:DDC
  • CUSIP: N/A
  • Web: www.ddcorp.ca
Capitalization:
  • Market Cap: $1.16071 billion
  • Outstanding Shares: 81,913,000
Average Prices:
  • 50 Day Moving Avg: $14.17
  • 200 Day Moving Avg: $13.40
  • 52 Week Range: $8.29 - $14.23
P/E:
  • Trailing P/E Ratio: 20.42
  • Foreward P/E Ratio: 18.40
  • P/E Growth: 0.37
Sales & Book Value:
  • Annual Revenue: $683.39 million
  • Price / Sales: 1.70
  • Book Value: $15.25 per share
  • Price / Book: 0.93
Dividend:
  • Annual Dividend: $0.40
  • Dividend Yield: 2.8%
Profitability:
  • EBITDA: $322.43 million
  • Net Margins: 8.54%
  • Return on Equity: 3.36%
  • Return on Assets: 2.18%
Debt:
  • Current Ratio: 4.17%
  • Quick Ratio: 1.67%
Misc:
  • Average Volume: 1.49 million shs.
  • Beta: 0.44
  • Short Ratio: 1.32
 

Frequently Asked Questions for Dominion Diamond Corporation (NYSE:DDC)

What is Dominion Diamond Corporation's stock symbol?

Dominion Diamond Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "DDC."

How often does Dominion Diamond Corporation pay dividends? What is the dividend yield for Dominion Diamond Corporation?

Dominion Diamond Corporation announced a semiannual dividend on Friday, April 14th. Stockholders of record on Wednesday, May 17th will be paid a dividend of $0.20 per share on Monday, June 5th. This represents a dividend yield of 3.18%. The ex-dividend date is Monday, May 15th. View Dominion Diamond Corporation's Dividend History.

How will Dominion Diamond Corporation's stock buyback program work?

Dominion Diamond Corporation declared that its Board of Directors has authorized a share repurchase plan on Tuesday, July 18th 2017, which allows the company to buyback shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

How were Dominion Diamond Corporation's earnings last quarter?

Dominion Diamond Corporation (NYSE:DDC) announced its earnings results on Wednesday, September, 6th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.23 by $0.03. The company earned $239.78 million during the quarter. Dominion Diamond Corporation had a return on equity of 3.36% and a net margin of 8.54%. View Dominion Diamond Corporation's Earnings History.

When will Dominion Diamond Corporation make its next earnings announcement?

Dominion Diamond Corporation is scheduled to release their next quarterly earnings announcement on Thursday, December, 14th 2017. View Earnings Estimates for Dominion Diamond Corporation.

Where is Dominion Diamond Corporation's stock going? Where will Dominion Diamond Corporation's stock price be in 2017?

5 brokers have issued twelve-month price targets for Dominion Diamond Corporation's shares. Their forecasts range from $14.25 to $18.00. On average, they expect Dominion Diamond Corporation's stock price to reach $15.75 in the next twelve months. View Analyst Ratings for Dominion Diamond Corporation.

Are investors shorting Dominion Diamond Corporation?

Dominion Diamond Corporation saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 6,371,843 shares, an increase of 58.7% from the September 15th total of 4,014,608 shares. Based on an average trading volume of 934,429 shares, the short-interest ratio is presently 6.8 days. Approximately 8.0% of the company's shares are sold short.

Who are some of Dominion Diamond Corporation's key competitors?

Who are Dominion Diamond Corporation's key executives?

Dominion Diamond Corporation's management team includes the folowing people:

  • Matthew Dennis Allen Quinlan, Chief Financial Officer
  • Chantal Lavoie, Chief Operating Officer
  • James R.W. Pounds, Executive Vice President - Diamonds
  • Elliot Holland, Vice President - Projects
  • Jill Rowe, Corporate Secretary
  • James K. Gowans, Non-Executive Independent Chairman of the Board
  • Thomas A. Andruskevich, Independent Director
  • Graham G. Clow, Independent Director
  • Trudy M. Curran, Independent Director
  • Tim Dabson, Independent Director

How do I buy Dominion Diamond Corporation stock?

Shares of Dominion Diamond Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Dominion Diamond Corporation's stock price today?

One share of Dominion Diamond Corporation stock can currently be purchased for approximately $14.17.


MarketBeat Community Rating for Dominion Diamond Corporation (NYSE DDC)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  139 (Vote Outperform)
Underperform Votes:  162 (Vote Underperform)
Total Votes:  301
MarketBeat's community ratings are surveys of what our community members think about Dominion Diamond Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Dominion Diamond Corporation (NYSE:DDC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $15.75 (11.15% upside)
Consensus Price Target History for Dominion Diamond Corporation (NYSE:DDC)
Price Target History for Dominion Diamond Corporation (NYSE:DDC)
Analysts' Ratings History for Dominion Diamond Corporation (NYSE:DDC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/14/2017ScotiabankDowngradeSector Perform -> Tender$14.25LowView Rating Details
7/19/2017Royal Bank Of CanadaBoost Price TargetSector Perform$13.00 -> $14.25LowView Rating Details
7/19/2017Citigroup Inc.DowngradeBuy -> Neutral$14.40 -> $14.25LowView Rating Details
7/18/2017GabelliDowngradeBuy -> HoldLowView Rating Details
7/18/2017BMO Capital MarketsDowngradeOutperform -> Market PerformLowView Rating Details
12/15/2016TD SecuritiesReiterated RatingBuy$19.00 -> $18.00N/AView Rating Details
9/21/2016Barclays PLCUpgradeEqual Weight -> Overweight$11.40N/AView Rating Details
(Data available from 10/19/2015 forward)

Earnings

Earnings History for Dominion Diamond Corporation (NYSE:DDC)
Earnings by Quarter for Dominion Diamond Corporation (NYSE:DDC)
Earnings History by Quarter for Dominion Diamond Corporation (NYSE DDC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/14/2017        
9/6/20177/31/2017$0.23$0.20$239.78 millionViewN/AView Earnings Details
6/12/20174/30/2017$0.05$0.09$211.00 millionViewN/AView Earnings Details
4/12/20171/31/2017$0.09$0.08$297.52 million$129.90 millionViewN/AView Earnings Details
12/8/2016Q317$0.02$0.12$145.00 million$102.70 millionViewN/AView Earnings Details
9/8/2016Q217($0.06)($0.39)$196.50 million$160.00 millionViewN/AView Earnings Details
4/13/2016Q416$0.07($0.41)$178.10 millionViewN/AView Earnings Details
12/10/2015Q316$0.07$0.05$145.00 million$145.00 millionViewN/AView Earnings Details
9/10/2015Q216$0.10($0.21)$209.70 millionViewListenView Earnings Details
6/10/2015Q316$0.12$0.09$187.72 millionViewN/AView Earnings Details
4/8/2015Q315$0.18$0.33$240.58 millionViewN/AView Earnings Details
6/11/2014Q115$0.08$0.17$108.80 million$175.50 millionViewN/AView Earnings Details
4/2/2014Q414$0.13($0.09)$260.41 million$233.16 millionViewN/AView Earnings Details
12/10/2013Q314$0.17($0.03)$84.82 million$151.60 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Dominion Diamond Corporation (NYSE:DDC)
Current Year EPS Consensus Estimate: $0.87 EPS
Next Year EPS Consensus Estimate: $0.77 EPS

Dividends

Current Dividend Information for Dominion Diamond Corporation (NYSE:DDC)
Most Recent Dividend:6/5/2017
Annual Dividend:$0.40
Dividend Yield:2.82%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:56.34% (Trailing 12 Months of Earnings)
45.98% (Based on This Year's Estimates)
51.95% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Dominion Diamond Corporation (NYSE:DDC)

Dividend History by Quarter for Dominion Diamond Corporation (NYSE DDC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/14/2017semiannual$0.203.18%5/15/20175/17/20176/5/2017
9/12/2016semiannual$0.204.77%10/6/201610/11/201611/3/2016
4/14/2016semiannual$0.203.73%5/13/20165/17/20166/2/2016
9/14/2015semiannual$0.203.59%10/8/201510/13/201511/5/2015
4/10/2015quarterly$0.409%4/28/20154/30/20155/21/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Dominion Diamond Corporation (NYSE:DDC)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Dominion Diamond Corporation (NYSE:DDC)
Latest Headlines for Dominion Diamond Corporation (NYSE:DDC)
Source:
DateHeadline
americanbankingnews.com logoDominion Diamond Corporation (DDC) Sees Significant Growth in Short Interest
www.americanbankingnews.com - October 15 at 1:20 AM
finance.yahoo.com logoGreenwich Capital Commercial Funding Corp., 2007-GG9 -- Moody's assigns ratings to Northwest Acquisitions ULC, including Ba3 CFR; outlook stable
finance.yahoo.com - October 3 at 8:07 AM
americanbankingnews.com logoDominion Diamond Corporation (DDC) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - September 27 at 11:00 AM
businesswire.com logoDominion Diamond Receives Court Approval for Arrangement with The Washington Companies - Business Wire (press release)
www.businesswire.com - September 22 at 4:52 PM
finance.yahoo.com logoDominion Diamond Receives Court Approval for Arrangement with The Washington Companies
finance.yahoo.com - September 22 at 4:51 PM
businesswire.com logoDominion Diamond Shareholders Approve Transaction with The Washington Companies - Business Wire (press release)
www.businesswire.com - September 19 at 10:52 PM
finance.yahoo.com logoETFs with exposure to Dominion Diamond Corp. : September 14, 2017
finance.yahoo.com - September 14 at 6:41 PM
americanbankingnews.com logoScotiabank Downgrades Dominion Diamond Corporation (DDC) to Tender
www.americanbankingnews.com - September 14 at 2:28 PM
finance.yahoo.com logoDominion Diamond Corp. :DDC-US: Earnings Analysis: Q2, 2018 By the Numbers : September 12, 2017
finance.yahoo.com - September 12 at 6:29 PM
finance.yahoo.com logoNewmont Mining Earns IBD Rating Upgrade
finance.yahoo.com - September 8 at 6:13 PM
businesswire.com logoISS and Glass Lewis Support Plan of Arrangement Between ... - Business Wire (press release)
www.businesswire.com - September 8 at 3:56 AM
finance.yahoo.com logoISS and Glass Lewis Support Plan of Arrangement Between Dominion Diamond and The Washington Companies
finance.yahoo.com - September 7 at 10:53 PM
americanbankingnews.com logoScotiabank Downgrades Dominion Diamond Corporation (DDC) to Sector Perform
www.americanbankingnews.com - September 7 at 11:06 AM
americanbankingnews.com logoDominion Diamond Corporation (DDC) Issues Quarterly Earnings Results, Misses Estimates By $0.03 EPS
www.americanbankingnews.com - September 7 at 10:24 AM
finance.yahoo.com logoDominion Diamond posts 2Q profit
finance.yahoo.com - September 6 at 10:49 PM
businesswire.com logoDominion Diamond Reports Fiscal 2018 Second Quarter Results - Business Wire (press release)
www.businesswire.com - September 6 at 5:47 PM
americanbankingnews.com logoDominion Diamond Corporation (DDC) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - September 2 at 10:40 AM
americanbankingnews.com logoDominion Diamond Corporation (DDC) to Release Earnings on Wednesday
www.americanbankingnews.com - August 30 at 1:58 AM
businesswire.com logoDominion Diamond Mails Management Information Circular for ... - Business Wire (press release)
www.businesswire.com - August 24 at 11:59 PM
americanbankingnews.com logoDominion Diamond Corporation (DDC) Short Interest Up 2,934.5% in July
www.americanbankingnews.com - August 15 at 2:20 AM
reuters.com logoPatrick Evans to be new CEO of Canada's Dominion Diamond - Reuters
www.reuters.com - August 10 at 4:05 AM
finance.yahoo.com logoDominion Diamond Corp. – Value Analysis (NYSE:DDC) : July 31, 2017
finance.yahoo.com - July 31 at 10:45 PM
reuters.com logoDe Beers diamond unit says open to doing deals - Reuters
www.reuters.com - July 27 at 6:12 PM
americanbankingnews.com logoFinancial Review: Dominion Diamond Corporation (NYSE:DDC) and Dominion Diamond Corp (HWD)
www.americanbankingnews.com - July 27 at 2:34 PM
americanbankingnews.com logoGabelli Brokers Raise Earnings Estimates for Dominion Diamond Corporation (DDC)
www.americanbankingnews.com - July 20 at 2:51 PM
americanbankingnews.com logoDominion Diamond Corporation (DDC) Price Target Increased to $14.25 by Analysts at Royal Bank Of Canada
www.americanbankingnews.com - July 19 at 3:05 PM
americanbankingnews.com logoDominion Diamond Corporation (DDC) Rating Lowered to Neutral at Citigroup Inc.
www.americanbankingnews.com - July 19 at 10:33 AM
finance.yahoo.com logoPRESS DIGEST- Canada - July 18
finance.yahoo.com - July 18 at 7:23 PM
americanbankingnews.com logoDominion Diamond Corporation (NYSE:DDC) to Repurchase Stock
www.americanbankingnews.com - July 18 at 1:52 PM
americanbankingnews.com logoDominion Diamond Corporation (DDC) Downgraded to Hold at Gabelli
www.americanbankingnews.com - July 18 at 10:48 AM
americanbankingnews.com logoDominion Diamond Corporation (NYSE:DDC) Downgraded by BMO Capital Markets
www.americanbankingnews.com - July 18 at 10:40 AM
streetinsider.com logoDominion Diamond (DDC) to be Acquired by The Washington Companies for $14.25/Share
www.streetinsider.com - July 18 at 4:51 AM
businesswire.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Concerning Whether the Sale of ... - Business Wire (press release)
www.businesswire.com - July 17 at 11:49 PM
americanbankingnews.com logoDominion Diamond Corporation (DDC) vs. Dominion Diamond Corp (HWD) Financial Review
www.americanbankingnews.com - July 17 at 10:32 PM
nasdaq.com logoDominion Diamond To Be Acquired By Washington Companies For $1.2 Bln
www.nasdaq.com - July 17 at 6:45 PM
reuters.com logoCanada's Dominion Diamond accepts sweetened bid from Washington Cos
www.reuters.com - July 17 at 12:08 PM
streetinsider.com logoForm 6-K Dominion Diamond Corp For: Jul 17
www.streetinsider.com - July 17 at 12:08 PM
finance.yahoo.com logoDominion Diamond to be Acquired by The Washington Companies for US$14.25 per Share in Cash
finance.yahoo.com - July 17 at 12:08 PM
finance.yahoo.com logoCanada's Dominion Diamond to be bought by Washington Cos for $1.2 bln
finance.yahoo.com - July 17 at 12:08 PM
finance.yahoo.com logoDominion Diamond agrees to be acquired by The Washington Cos. for $1.2 billion
finance.yahoo.com - July 17 at 12:08 PM
finance.yahoo.com logoDominion Diamond (DDC) Looks Good: Stock Adds 5.6% in Session
finance.yahoo.com - July 17 at 12:08 PM
finance.yahoo.com logoDominion Diamond Corp. breached its 50 day moving average in a Bullish Manner : DDC-US : July 17, 2017
finance.yahoo.com - July 17 at 12:08 PM
finance.yahoo.com logo[$$] Washington Cos. to Buy Dominion Diamond
finance.yahoo.com - July 17 at 12:08 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Concerning Whether the Sale of Dominion Diamond Corporation to The Washington Companies is Fair to Shareholders
finance.yahoo.com - July 17 at 12:08 PM
americanbankingnews.com logoDominion Diamond Corp (HWD) vs. Dominion Diamond Corporation (NYSE:DDC) Financial Comparison
www.americanbankingnews.com - July 16 at 8:44 AM
americanbankingnews.com logoComparing Dominion Diamond Corp (HWD) & Dominion Diamond Corporation (DDC)
www.americanbankingnews.com - July 16 at 7:40 AM
nasdaq.com logoRPT-EXCLUSIVE-Washington Companies in talks to buy Canada's Dominion Diamond -sources
www.nasdaq.com - July 15 at 1:48 AM
finance.yahoo.com logoDominion Seeks Sweeter Deal From Montana Billionaire
finance.yahoo.com - July 15 at 1:48 AM
nasdaq.com logoCANADA STOCKS-TSX notches weekly gain as resources lift - Nasdaq
www.nasdaq.com - July 14 at 8:46 PM
streetinsider.com logoDominion Diamond (DDC) Says It Hasn't Made Decision Related to Strategic Alternatives - StreetInsider.com
www.streetinsider.com - July 14 at 8:46 PM

Social

Chart

Dominion Diamond Corporation (DDC) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.