TSE:DIV Diversified Royalty (DIV) Stock Price, News & Analysis → FW: 234x Gain (From Weiss Ratings) (Ad) Free DIV Stock Alerts C$2.84 +0.04 (+1.43%) (As of 05/3/2024 ET) Add Compare Share Share Today's RangeC$2.81▼C$2.8450-Day RangeC$2.73▼C$2.9252-Week RangeC$2.35▼C$3.07Volume186,238 shsAverage Volume232,257 shsMarket CapitalizationC$467.15 millionP/E Ratio12.91Dividend Yield8.80%Price TargetC$3.47 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines Get Diversified Royalty alerts: Email Address Diversified Royalty MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside22.1% UpsideC$3.47 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.01Based on 10 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.1.03 out of 5 stars 2.5 Analyst's Opinion Consensus RatingDiversified Royalty has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageDiversified Royalty has only been the subject of 1 research reports in the past 90 days. 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 8.59%, 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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DIV. Previous Next 1.7 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 0.36 average news sentiment score of Industrials companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Diversified Royalty this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for DIV on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Diversified Royalty to their MarketBeat watchlist in the last 30 days. This is a decrease 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 14.96% of the stock of Diversified Royalty is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Diversified Royalty is 12.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Diversified Royalty is 12.91, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 415.10.Price to Book Value per Share RatioDiversified Royalty has a P/B Ratio of 1.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Awesomely, LLCAutomatic Income (from home)For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year. Just click here now to watch my presentation for free. 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 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 4, 2024 | Weiss Ratings (Ad)FW: 234x GainThis coin is an essential building block for an ongoing financial revolution of massive dimensions. As a big part of this revolution, the big banks of the world must connect to the blockchain.May 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 AprilMay 4, 2024 | Weiss Ratings (Ad)FW: 234x GainThis coin is an essential building block for an ongoing financial revolution of massive dimensions. As a big part of this revolution, the big banks of the world must connect to the blockchain.April 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$0.0208April 1, 2024 | seekingalpha.comINFL: For Re-Accelerating InflationMarch 28, 2024 | ca.finance.yahoo.com2 Stocks Under $50 New Investors Can Confidently BuyMarch 27, 2024 | ca.finance.yahoo.comThis 8.6% Dividend Stock Pays Cash Every MonthMarch 24, 2024 | seekingalpha.comFranco-Nevada: Forget Volatile Miners - This Is How To Win With GoldMarch 13, 2024 | finance.yahoo.comWhen Should You Buy Diversified Royalty Corp. (TSE:DIV)?March 6, 2024 | investing.comDiversified Royalty Corp (DIV)March 1, 2024 | finance.yahoo.comRoyalty Management Holding Corporation’s Titanium Dioxide, Iron Ore and Vanadium Royalty Project Commences Final Permitting ProcessSee 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 Payable4/30/2024Today5/04/2024Next Earnings (Confirmed)5/09/2024Ex-Dividend for 5/31 Dividend5/14/2024Dividend Payable5/31/2024Get 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+22.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.22 Trailing P/E Ratio12.91 Forward P/E Ratio15.77 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 / Sales8.27 Cash FlowC$0.07 per share Price / Cash Flow41.10 Book ValueC$1.65 per share Price / Book1.72Miscellaneous Outstanding Shares164,490,000Free FloatN/AMarket CapC$467.15 million OptionableNot Optionable Beta1.58 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.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 CompetitorsDecisive DividendCVE:DEAcasta EnterprisesTSE:AEFMagellan AerospaceTSE:MALInformation ServicesTSE:ISVChorus AviationTSE:CHRView All Competitors DIV Stock Analysis - Frequently Asked Questions Should I buy or sell Diversified Royalty stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Diversified Royalty in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DIV shares. View DIV analyst ratings or view top-rated stocks. What is Diversified Royalty's stock price target for 2024? 3 brokerages have issued twelve-month price targets for Diversified Royalty's stock. Their DIV share price targets range from C$3.00 to C$4.00. On average, they predict the company's share price to reach C$3.47 in the next year. This suggests a possible upside of 22.1% 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 4.0% and is now trading at C$2.84. 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 Thursday, May 9th 2024. View our DIV earnings forecast. How were Diversified Royalty's earnings last quarter? Diversified Royalty Corp. (TSE:DIV) posted its quarterly earnings data on Thursday, March, 21st. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.01. The firm had revenue of $16.39 million for the quarter, compared to analysts' expectations of $16.84 million. Diversified Royalty had a net margin of 56.15% and a trailing twelve-month return on equity of 13.46%. 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 given a dividend of 0.021 per share on Friday, May 31st. This represents a $0.25 annualized dividend and a yield of 8.87%. The ex-dividend date of this dividend 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 8.59%. 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 5/4/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldCould Your Accounts Be Frozen?Allegiance GoldAutomatic Income (from home)Awesomely, LLCGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingJeff Bezos Just Humiliated Elon MuskInvestorPlaceForget Nvidia. 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