Alaris Royalty Corp. Company Profile (TSE:AD)

About Alaris Royalty Corp. (TSE:AD)

Alaris Royalty Corp. logoAlaris Royalty Corp. is a Canada-based company providing capital to private businesses (individually, a Private Company Partner and collectively the Partners). The Company's operations consist of investments in private operating entities in the form of preferred limited partnership interests, preferred interest in limited liability corporations in the United States, or long-term license and royalty arrangements. The Company is an equity provider to service a niche in the capital market, such as steady growth companies with an entrepreneurial management team, incentivized to grow and maintain control of their business. It forms partnerships with private companies where owners want to maintain control of their business (day-to-day operations, corporate culture and long-term objectives). It participates in the business of its Private Company Partners through non-control equity ownership. The Company's subsidiaries include Alaris Cooperatief, U.A. and Alaris USA Inc.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: TSE:AD
  • CUSIP: N/A
  • Web: N/A
  • Market Cap: C$724.87 million
  • Outstanding Shares: 36,444,000
Average Prices:
  • 50 Day Moving Avg: C$21.40
  • 200 Day Moving Avg: C$22.19
  • 52 Week Range: C$17.80 - C$31.20
  • Trailing P/E Ratio: 12.81
  • P/E Growth: 1.56
Sales & Book Value:
  • Annual Revenue: C$98.06 million
  • Price / Sales: 7.39
  • Book Value: C$17.84 per share
  • Price / Book: 1.11
  • Dividend Yield: 8.1%
  • EBIDTA: C$85.21 million
  • Average Volume: 105,961 shs.
  • Short Ratio: 8.86

Frequently Asked Questions for Alaris Royalty Corp. (TSE:AD)

What is Alaris Royalty Corp.'s stock symbol?

Alaris Royalty Corp. trades on the Tornton Stock Exchange (TSX) under the ticker symbol "AD."

How often does Alaris Royalty Corp. pay dividends? What is the dividend yield for Alaris Royalty Corp.?

Alaris Royalty Corp. announced a monthly dividend on Thursday, December 22nd. Shareholders of record on Monday, January 16th will be given a dividend of 0.175 per share on Monday, January 16th. This represents a $2.10 annualized dividend and a yield of 10.56%. The ex-dividend date is Thursday, December 22nd. This is a boost from Alaris Royalty Corp.'s previous monthly dividend of $0.15. View Alaris Royalty Corp.'s Dividend History.

Where is Alaris Royalty Corp.'s stock going? Where will Alaris Royalty Corp.'s stock price be in 2017?

8 analysts have issued 12-month price objectives for Alaris Royalty Corp.'s stock. Their forecasts range from C$20.00 to C$26.50. On average, they expect Alaris Royalty Corp.'s stock price to reach C$24.07 in the next year. View Analyst Ratings for Alaris Royalty Corp..

Who are some of Alaris Royalty Corp.'s key competitors?

How do I buy Alaris Royalty Corp. stock?

Shares of Alaris Royalty Corp. and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

How much does a share of Alaris Royalty Corp. stock cost?

One share of Alaris Royalty Corp. stock can currently be purchased for approximately C$19.89.

Analyst Ratings

Consensus Ratings for Alaris Royalty Corp. (TSE:AD) (?)
Ratings Breakdown: 5 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: C$24.07

Analysts' Ratings History for Alaris Royalty Corp. (TSE:AD)
DateFirmActionRatingPrice TargetDetails
5/11/2017CIBCLower Price TargetC$24.00 -> C$20.00View Rating Details
5/9/2017DesjardinsDowngradeBuy -> HoldView Rating Details
5/10/2017ScotiabankLower Price TargetOutperformC$27.00 -> C$25.00View Rating Details
5/10/2017Raymond James Financial, Inc.Lower Price TargetMarket PerformC$23.00 -> C$22.00View Rating Details
3/3/2017Royal Bank of CanadaReiterated RatingSector PerformC$24.00View Rating Details
1/12/2017Acumen CapitalSet Price TargetC$26.50View Rating Details
11/10/2016Canaccord GenuityLower Price TargetBuyC$26.50 -> C$24.50View Rating Details
7/28/2016AltaCorp CapitalDowngradeOutperform -> Sector PerformView Rating Details
5/12/2016GMP SecuritiesDowngradeBuy -> HoldView Rating Details
1/12/2016Haywood SecuritiesLower Price TargetC$33.50View Rating Details
11/11/2015National Bank FinancialLower Price TargetOutperformC$40.00 -> C$33.00View Rating Details
(Data available from 5/25/2015 forward)


Earnings History for Alaris Royalty Corp. (TSE:AD)
Earnings by Quarter for Alaris Royalty Corp. (TSE:AD)
Earnings History by Quarter for Alaris Royalty Corp. (TSE:AD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/24/2014$0.30$0.30$16.91 millionViewN/AView Earnings Details
5/5/2014$0.34$0.41$15.44 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Alaris Royalty Corp. (TSE:AD)
2017 EPS Consensus Estimate: $1.38
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.39$0.41$0.40
Q2 20172$0.38$0.38$0.38
Q3 20172$0.43$0.44$0.44
Q4 20172($0.13)$0.46$0.17
Q1 20181$0.51$0.51$0.51
Q2 20181$0.50$0.50$0.50
Q3 20181$0.52$0.52$0.52
(Data provided by Zacks Investment Research)


Dividend History by Quarter for Alaris Royalty Corp. (TSE:AD)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/18/2013jun 13$0.126/26/20136/28/20137/15/2013
4/18/2013apr 13$0.114/26/20134/30/20135/15/2013
2/19/2013feb 13$0.112/26/20132/28/20133/15/2013
1/17/2013jan 13$0.111/29/20131/31/20132/15/2013
12/17/2012dec 12$0.1112/27/201212/31/20121/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Alaris Royalty Corp. (TSE:AD)
Insider Trades by Quarter for Alaris Royalty Corp. (TSE:AD)
Insider Trades by Quarter for Alaris Royalty Corp. (TSE:AD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/25/2017Darren John DriscollInsiderBuy1,800C$20.20C$36,360.00
2/2/2017E. Mitchell ShierDirectorSell2,000C$22.78C$45,560.00
2/1/2017Amanda Mai FrazerInsiderSell1,500C$22.47C$33,705.00
1/30/2017Curtis James KrawetzInsiderSell1,000C$22.18C$22,180.00
12/8/2015Curtis James KrawetzInsiderBuy300C$22.65C$6,795.00
12/7/2015Curtis James KrawetzInsiderBuy200C$22.95C$4,590.00
12/1/2015Curtis James KrawetzInsiderSell2,816C$24.09C$67,837.44
11/12/2015Robert BertramDirectorBuy1,000C$24.80C$24,800.00
1/30/2015Manijeh Rachel ColabellaInsiderSell1,400C$33.35C$46,690.00
(Data available from 1/1/2013 forward)


Headline Trends for Alaris Royalty Corp. (TSE:AD)
Latest Headlines for Alaris Royalty Corp. (TSE:AD)
DateHeadline logoInsider Buying: Alaris Royalty Corp. (AD) Insider Acquires 1,800 Shares of Stock - May 25 at 4:44 PM logoAlaris Royalty Corp. (AD) Given Consensus Recommendation of "Hold" by Analysts - May 22 at 2:16 PM logoAlaris Royalty Corp. (AD) to Post FY2017 Earnings of $1.58 Per Share, National Bank Financial Forecasts - May 15 at 8:36 AM logoAlaris Royalty Corp. (AD) Price Target Cut to C$20.00 by Analysts at CIBC - May 13 at 10:02 PM logoDesjardins Analysts Lower Earnings Estimates for Alaris Royalty Corp. (AD) - May 12 at 5:32 PM logoFY2018 EPS Estimates for Alaris Royalty Corp. Reduced by National Bank Financial (AD) - May 12 at 5:32 PM logoEquities Analysts Set Expectations for Alaris Royalty Corp.'s FY2017 Earnings (AD) - May 12 at 12:14 PM logoCormark Comments on Alaris Royalty Corp.'s FY2018 Earnings (AD) - May 11 at 2:36 PM logoDesjardins Brokers Cut Earnings Estimates for Alaris Royalty Corp. (AD) - May 11 at 10:50 AM logoAlaris Royalty Corp. (AD) Downgraded to "Hold" at Desjardins - May 11 at 7:34 AM logoAlaris Royalty Corp. (AD) Price Target Lowered to C$22.00 at Raymond James Financial, Inc. - May 10 at 6:28 PM logoScotiabank Lowers Alaris Royalty Corp. (AD) Price Target to C$25.00 - May 10 at 6:28 PM logoAlaris Royalty's (ALARF) CEO Steve King on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha - May 9 at 8:20 PM logoAlaris Royalty Corp. Releases Q1 2017 Financial Results - May 9 at 9:27 AM logoAlaris Royalty Corp. (AD) Set to Announce Quarterly Earnings on Monday - May 5 at 9:14 PM logoTop Stocks for May - May 1 at 9:50 AM logoIncome on Steroids: These 3 Stocks Yield at Least 6% - April 28 at 3:30 PM logoAlaris Royalty Corp. : AD-CA: Dividend Analysis : April 28th, 2017 (record date) : By the numbers : April 26, 2017 - April 26 at 3:27 PM logoAlaris Royalty Corp. (AD) Given Average Rating of "Hold" by Brokerages - April 25 at 2:51 PM logoAlaris Royalty Corp.: An Attractive Financial Stock With a 7.2% Dividend Yield - The Motley Fool Canada - April 13 at 3:33 PM logoAlaris Royalty Corp. breached its 50 day moving average in a Bullish Manner : AD-CA : April 12, 2017 - April 12 at 12:09 PM logoAlaris Royalty Corp. (AD) Given Average Recommendation of "Hold" by Brokerages - March 31 at 12:49 PM logoAlaris Royalty Corp. (AD) Given Market Perform Rating at Raymond James Financial, Inc. - March 29 at 7:29 AM logoAlaris Royalty Corp. (AD) PT Set at C$23.00 by Raymond James Financial, Inc. - March 23 at 3:19 PM logoDesjardins Lowers Alaris Royalty Corp. (AD) Price Target to C$26.50 - March 9 at 6:30 PM logoAlaris Royalty Corp. (AD) Given Outperform Rating at Scotiabank - March 9 at 6:30 PM logoAlaris Royalty's (ALARF) CEO Steve King on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha - March 9 at 3:22 PM logoBRIEF-Alaris Royalty Corp qtrly earnings per share $0.59 - Reuters - March 8 at 3:19 PM logoQ4 2016 Alaris Royalty Corp Earnings Release - After Market Close - March 7 at 3:19 PM logoResearch Reports Initiated on Financials Stocks Trez Capital Mortgage Investment, Canaccord Genuity Group, and Alaris Royalty - February 14 at 3:33 PM logoAlaris Royalty Corp: Is The 7.5% Dividend Safe? - - February 1 at 1:29 AM logoBRIEF-Alaris Royalty Corp announces proposed transaction with sequel, prov... - Reuters - January 11 at 8:27 PM



Alaris Royalty Corp. (AD) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by Staff