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Diversified Royalty Corp. (OTC:BEVFF) Maintains "Buy" Rating from Desjardins

Diversified Royalty Corp. (OTC:BEVFF) is a company that focuses on acquiring top-line royalties from multi-location businesses and franchisors in North America. It aims to provide investors with a stable and growing dividend income. The company competes with other royalty and income trusts, offering a unique investment opportunity through its diversified portfolio.

On February 10, 2026, Desjardins reaffirmed its "Buy" rating for BEVFF, with the stock priced at $2.92. This endorsement comes as Diversified Royalty Corp. successfully completed a $60 million public offering of 5.75% convertible unsecured subordinated debentures. The underwriters fully exercised their option to purchase an additional $9 million in debentures, increasing the total proceeds to approximately $69 million.

Desjardins also raised the price target for Diversified Royalty to C$4.50 from C$4.25. This adjustment reflects confidence in the company's financial health and growth prospects. The recent offering, co-led by CIBC Capital Markets and Desjardins Securities Inc., among others, is expected to close on February 12, 2026, further strengthening the company's financial position.

Despite a slight decrease of 0.34% in BEVFF's stock price, the company's market capitalization remains robust at approximately $498.6 million. The stock has traded at a low and high of $2.92 today, with a 52-week range between $1.83 and $2.98. This stability indicates investor confidence in the company's long-term potential.

The stock is traded on the OTC exchange, with a volume of 375 shares. This relatively low trading volume suggests that BEVFF may be less liquid compared to larger stocks, but it also highlights the niche market appeal of Diversified Royalty Corp. for investors seeking unique opportunities in the royalty sector.