Cormark Comments on Dye & Durham Limited’s FY2025 Earnings (TSE:DND)

Dye & Durham Limited (TSE:DND) – Investment analysts at Cormark cut their FY2025 earnings per share (EPS) estimates for shares of Dye & Durham in a research note issued on Monday, July 22nd. Cormark analyst G. Fairweather now forecasts that the company will post earnings per share of ($0.04) for the year, down from their previous forecast of $0.11. The consensus estimate for Dye & Durham’s current full-year earnings is $0.11 per share.

Several other brokerages also recently weighed in on DND. Raymond James increased their target price on shares of Dye & Durham from C$16.00 to C$22.00 and gave the company an “outperform” rating in a research note on Wednesday, May 15th. Scotiabank lowered their price target on Dye & Durham from C$24.00 to C$23.00 in a report on Wednesday, May 15th.

Dye & Durham Trading Down 1.4 %

Shares of DND stock opened at C$12.95 on Thursday. The company has a market cap of C$866.36 million, a PE ratio of -4.78 and a beta of 2.18. The company has a debt-to-equity ratio of 286.80, a current ratio of 1.33 and a quick ratio of 1.98. The stock’s 50 day simple moving average is C$12.62 and its two-hundred day simple moving average is C$13.63. Dye & Durham has a 1 year low of C$7.46 and a 1 year high of C$20.54.

Dye & Durham (TSE:DND) last posted its earnings results on Tuesday, May 14th. The company reported C$0.19 earnings per share for the quarter. The firm had revenue of C$107.32 million for the quarter, compared to the consensus estimate of C$111.60 million. Dye & Durham had a negative net margin of 34.81% and a negative return on equity of 31.62%.

Dye & Durham Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 28th. Investors of record on Tuesday, May 21st were paid a dividend of $0.019 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date was Friday, May 17th. Dye & Durham’s dividend payout ratio (DPR) is currently -2.95%.

About Dye & Durham

Dye & Durham Limited, together with its subsidiaries, provides cloud-based software and technology solutions for law firms, financial service institutions, sole-practitioner law firms, and government organizations in Canada, Australia, South Africa, Ireland, and the United Kingdom. It offers Practice Management, a real estate workflow and practice management software that enables legal professionals to execute every transaction with reliability, security, and ease; Data Insights and Due Diligence, a software that aggregates proprietary data and public records into valuable insights; and Payments Infrastructure, a software that helps people pay their bills and taxes in real time, as well as enables digital mortgage processing, and an integrated information search and managed banking services.