Cormark Comments on Black Diamond Group Limited’s FY2025 Earnings (TSE:BDI)

Black Diamond Group Limited (TSE:BDI) – Equities researchers at Cormark upped their FY2025 earnings per share (EPS) estimates for Black Diamond Group in a research note issued to investors on Tuesday, August 6th. Cormark analyst B. Watson now anticipates that the company will post earnings of $0.56 per share for the year, up from their previous forecast of $0.51. The consensus estimate for Black Diamond Group’s current full-year earnings is $0.42 per share.

Several other brokerages have also weighed in on BDI. BMO Capital Markets lifted their price target on Black Diamond Group from C$11.00 to C$12.00 in a research note on Friday, August 2nd. Canaccord Genuity Group lowered their price target on Black Diamond Group from C$11.00 to C$10.25 and set a “buy” rating on the stock in a report on Monday, May 6th.

Black Diamond Group Stock Up 1.9 %

Black Diamond Group stock traded up C$0.18 during trading hours on Thursday, reaching C$9.78. The stock had a trading volume of 61,557 shares, compared to its average volume of 55,406. The business’s 50 day moving average price is C$8.36 and its 200-day moving average price is C$8.61. Black Diamond Group has a 52 week low of C$5.80 and a 52 week high of C$9.92. The company has a market cap of C$600.20 million, a price-to-earnings ratio of 22.23 and a beta of 1.62. The company has a debt-to-equity ratio of 73.81, a current ratio of 1.14 and a quick ratio of 1.05.

Black Diamond Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date is Monday, September 30th. Black Diamond Group’s dividend payout ratio is presently 27.27%.

Black Diamond Group Company Profile

Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and defense industries in North America.