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What is Cormark's Forecast for TSE:BDI FY2027 Earnings?

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What is Cormark's Forecast for TSE:BDI FY2027 Earnings?

Black Diamond Group Limited (TSE:BDI - Free Report) - Investment analysts at Cormark issued their FY2027 earnings per share (EPS) estimates for shares of Black Diamond Group in a report issued on Wednesday, December 18th. Cormark analyst K. Mcphee expects that the company will post earnings of $0.80 per share for the year. Cormark currently has a "Moderate Buy" rating on the stock. The consensus estimate for Black Diamond Group's current full-year earnings is $0.53 per share.

Separately, Raymond James raised their price objective on shares of Black Diamond Group from C$12.00 to C$14.00 and gave the stock a "strong-buy" rating in a research report on Monday, August 26th.

Read Our Latest Analysis on BDI

Shares of BDI stock opened at C$9.33 on Friday. Black Diamond Group has a fifty-two week low of C$7.40 and a fifty-two week high of C$10.27. The company has a debt-to-equity ratio of 84.84, a quick ratio of 1.05 and a current ratio of 1.18. The stock has a 50 day simple moving average of C$9.07 and a two-hundred day simple moving average of C$9.00. The company has a market cap of C$558.96 million, a P/E ratio of 19.44 and a beta of 1.54.

In related news, Senior Officer Michael Lenard Ridley sold 9,329 shares of the firm's stock in a transaction dated Friday, December 13th. The shares were sold at an average price of C$9.37, for a total value of C$87,412.73. Also, Senior Officer Tobias Gerald Labrie sold 15,000 shares of Black Diamond Group stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of C$9.40, for a total value of C$141,000.00. Over the last quarter, insiders have sold 49,049 shares of company stock worth $460,652. Corporate insiders own 23.83% of the company's stock.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.035 per share. This is an increase from Black Diamond Group's previous quarterly dividend of $0.03. This represents a $0.14 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date is Tuesday, December 31st. Black Diamond Group's dividend payout ratio is 25.00%.

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.

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