Diversified Royalty Corp is a conglomerates business based in Canada. Diversified Royalty shares (DIV) are listed on the TO and all prices are listed in Canadian Dollars. Diversified Royalty employs 38 staff and has a trailing 12-month revenue of around CADC$33.7 million.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Since the stock market crash in March caused by coronavirus, Diversified Royalty's stock price has had significant negative movement.
Its last market close was C$2.79, which is 15.45% down on its pre-crash value of C$3.3 and 138.46% up on the lowest point reached during the March crash when the stocks fell as low as C$1.17.
If you had bought C$1,000 worth of Diversified Royalty stocks at the start of February 2020, those stocks would have been worth C$382.16 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth C$888.53.
|Latest market close||C$2.79|
|52-week range||C$1.62 - C$2.99|
|50-day moving average||C$2.84|
|200-day moving average||C$2.68|
|Wall St. target price||C$3.69|
|Dividend yield||C$0.2 (7.22%)|
|Earnings per share (TTM)||C$0.08|
Note: The dollar amounts in the table below are in Canadian dollars.
|1 week (2021-10-08)||0.72%|
|1 month (2021-09-17)||-4.45%|
|3 months (2021-07-16)||2.95%|
|6 months (2021-04-16)||11.60%|
|1 year (2020-10-16)||51.63%|
|2 years (2019-10-17)||0.72%|
|3 years (2018-10-17)||3.06|
|5 years (2016-10-17)||14.34%|
Valuing Diversified Royalty stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Diversified Royalty's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Diversified Royalty's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 37x. In other words, Diversified Royalty shares trade at around 37x recent earnings.
|Revenue TTM||C$33.7 million|
|Operating margin TTM||88.62%|
|Gross profit TTM||C$29 million|
|Return on assets TTM||5.02%|
|Return on equity TTM||4.77%|
|Market capitalisation||C$344 million|
TTM: trailing 12 months
There are currently 3.0 million Diversified Royalty shares held short by investors – that's known as Diversified Royalty's "short interest". This figure is 29.6% up from 2.3 million last month.
There are a few different ways that this level of interest in shorting Diversified Royalty shares can be evaluated.
Diversified Royalty's "short interest ratio" (SIR) is the quantity of Diversified Royalty shares currently shorted divided by the average quantity of Diversified Royalty shares traded daily (recently around 340821.87857961). Diversified Royalty's SIR currently stands at 8.73. In other words for every 100,000 Diversified Royalty shares traded daily on the market, roughly 8730 shares are currently held short.
However Diversified Royalty's short interest can also be evaluated against the total number of Diversified Royalty shares, or, against the total number of tradable Diversified Royalty shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Diversified Royalty's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Diversified Royalty shares in existence, roughly 20 shares are currently held short) or 0.0274% of the tradable shares (for every 100,000 tradable Diversified Royalty shares, roughly 27 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Diversified Royalty.
Dividend payout ratio: 97.63% of net profits
Recently Diversified Royalty has paid out, on average, around 97.63% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.58% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Diversified Royalty shareholders could enjoy a 7.58% return on their shares, in the form of dividend payments. In Diversified Royalty's case, that would currently equate to about C$0.2 per share.
Diversified Royalty's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Diversified Royalty's most recent dividend payout was on 29 October 2021. The latest dividend was paid out to all shareholders who bought their shares by 14 October 2021 (the "ex-dividend date").
Diversified Royalty's shares were split on a 130:129 basis on 30 January 2007. So if you had owned 129 shares the day before before the split, the next day you'd have owned 130 shares. This wouldn't directly have changed the overall worth of your Diversified Royalty shares – just the quantity. However, indirectly, the new 0.8% lower share price could have impacted the market appetite for Diversified Royalty shares which in turn could have impacted Diversified Royalty's share price.
Over the last 12 months, Diversified Royalty's shares have ranged in value from as little as C$1.6177 up to C$2.99. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while Diversified Royalty's is 1.7681. This would suggest that Diversified Royalty's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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 Mr. Lube, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, and Oxford Learning Centres trademarks. The company was formerly known as BENEV Capital Inc. and changed its name to Diversified Royalty Corp.
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