Boston Pizza Royalties Income Fund (BPZZF) Stock Price, News & Analysis

Company Overview

Boston Pizza Royalties Income Fund (OTCMKTS: BPZZF) is an unincorporated, closed-end, limited-purpose trust that holds the exclusive right to receive royalty payments from operators of Boston Pizza restaurants. The fund’s sole asset is the royalty interest in the Boston Pizza system, which entitles it to a fixed percentage of gross sales generated by all franchised units. This royalty-based revenue model is designed to provide investors with stable and predictable cash flows, underpinned by the performance of Canada’s largest casual-dining brand.

Boston Pizza is a full-service restaurant chain known for its broad menu, which includes pizza, pasta, ribs, burgers, salads and shareable appetizers. In addition to dine-in, the brand offers take-out and delivery services, supported by an evolving digital platform and mobile ordering app. The network spans Canada and the United States, with over 400 locations across 11 provinces and multiple U.S. states, making it a significant player in North American casual dining.

Founded in Edmonton, Alberta in 1964 by entrepreneurs Jim Treliving and George Melville, Boston Pizza has grown through a franchise model and a focus on community engagement and sports-bar hospitality. The Royalties Income Fund was established in 2002 to monetize the brand’s royalty stream and provide investors with access to the food-service sector’s cash-flow characteristics. Boston Pizza International Inc., which manages the system on behalf of the fund, brings to bear decades of operational expertise in franchise development, marketing and supply-chain management.

The management team overseeing the fund’s interests is led by senior executives of Boston Pizza International, including President and Chief Executive Officer Alex Macedo, who has guided the brand’s digital modernization and menu innovation initiatives. By focusing on consistent brand standards, strategic expansion and ongoing product development, the fund seeks to capitalize on the long-standing popularity of Boston Pizza and the enduring demand for casual-dining experiences in North America.

Key Stats

• Today's Range: $14.58 to $14.58
• 50-Day Range: $13.10 to $15.22
• 52-Week Range: $11.00 to $15.22
• Volume: 7,380 shs
• Average Volume: 1,326 shs
• Market Capitalization: N/A
• P/E Ratio: 11.61
• Dividend Yield: 5.60%
• Price Target: N/A
• Consensus Rating: N/A

Boston Pizza Royalties Income Fund Stock Analysis - MarketRank™

Boston Pizza Royalties Income Fund scored higher than 4% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Boston Pizza Royalties Income Fund.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Boston Pizza Royalties Income Fund is 11.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of Boston Pizza Royalties Income Fund is 11.61, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 74.41.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Boston Pizza Royalties Income Fund has a short interest ratio ("days to cover") of 32.4, which indicates bearish sentiment.

Change versus previous month

Short interest in Boston Pizza Royalties Income Fund has recently increased by 74.62%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Boston Pizza Royalties Income Fund is a leading dividend payer. It pays a dividend yield of 6.50%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Boston Pizza Royalties Income Fund does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Boston Pizza Royalties Income Fund is 65.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Boston Pizza Royalties Income Fund has a short interest ratio ("days to cover") of 32.4, which indicates bearish sentiment.

Change versus previous month

Short interest in Boston Pizza Royalties Income Fund has recently increased by 74.62%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Boston Pizza Royalties Income Fund this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Boston Pizza Royalties Income Fund insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 25.97% of the stock of Boston Pizza Royalties Income Fund is held by institutions.

BPZZF Stock Analysis - Frequently Asked Questions

How have BPZZF shares performed this year?

Boston Pizza Royalties Income Fund's stock was trading at $12.33 at the beginning of the year. Since then, BPZZF stock has increased by 18.2% and is now trading at $14.58.

How were Boston Pizza Royalties Income Fund's earnings last quarter?

Boston Pizza Royalties Income Fund (OTCMKTS:BPZZF) posted its earnings results on Friday, February, 7th. The company reported $0.23 earnings per share for the quarter.

How do I buy shares of Boston Pizza Royalties Income Fund?

Shares of BPZZF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

• Last Earnings: 2/07/2014
• Today: 7/14/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Consumer Cyclical
• Industry: Restaurants
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:BPZZF
• CIK: N/A
• Web: www.bpincomefund.ca
• Phone: (604) 270-1108
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 11.61
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A