Black Diamond Group Limited

TSX:BDI Stock Report

Market Cap: CA$1.3b

Black Diamond Group Future Growth

Future criteria checks 3/6

Black Diamond Group is forecast to grow earnings and revenue by 18.7% and 12.7% per annum respectively while EPS is expected to grow by 33.6% per annum.

Key information

18.7%

Earnings growth rate

33.63%

EPS growth rate

Commercial Services earnings growth23.9%
Revenue growth rate12.7%
Future return on equityn/a
Analyst coverage

Good

Last updated04 Jun 2026

Recent future growth updates

Recent updates

Narrative Update Jun 03

BDI: Share Repurchases And Updated Assumptions May Support Future Repricing

Narrative Update: Black Diamond Group The analyst price target for Black Diamond Group has been adjusted to CA$20.79 from CA$20.46, with analysts pointing to updated assumptions on revenue growth, profit margins and future P/E expectations behind the change. What's in the News Black Diamond Group announced a normal course issuer bid that allows the company to repurchase up to 5,261,698 shares, or 7.59% of its issued share capital, with all repurchased shares to be cancelled.
Analysis Article May 02

If EPS Growth Is Important To You, Black Diamond Group (TSE:BDI) Presents An Opportunity

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Narrative Update Apr 23

BDI: Higher Projected Range And Stable Assumptions May Support Future Repricing

Analysts have raised their blended price target range for Black Diamond Group to approximately CA$20 to CA$22, citing updated research that maintains positive ratings and supports current assumptions for fair value, discount rate, revenue growth, profit margins, and future P/E. Analyst Commentary Recent Street research points to a tighter consensus around valuation for Black Diamond Group, with bullish analysts clustering price targets in the CA$20 to CA$22 range.
Narrative Update Apr 08

BDI: Higher Price Range And Stable Assumptions Will Support Future Repricing

Analysts have lifted their consolidated price target range for Black Diamond Group from CA$17 to CA$20, to a new range of CA$20 to CA$22, reflecting updated views on the company’s outlook and valuation assumptions. Analyst Commentary Recent research points to a more constructive view on Black Diamond Group, with price targets now clustered between CA$20 and CA$22.
Narrative Update Mar 24

BDI: Raised Price Range And Stable P E Assumptions Will Drive Returns

Analysts have raised their blended price target range on Black Diamond Group to approximately CA$20 to CA$22. The revision is supported by updated models that keep fair value, revenue growth, profit margin assumptions and future P/E expectations broadly in line with prior estimates.
Narrative Update Mar 10

BDI: Higher Margin Outlook And Elevated P E Expectations Will Shape Returns

The analyst price target for Black Diamond Group has shifted from CA$19.00 to about CA$20.46. Analysts point to updated assumptions around revenue growth, profit margins and future P/E expectations as key drivers of their revised view.
Narrative Update Feb 23

BDI: Higher Revenue Outlook And Margin Pressure Will Shape Future Returns

Analysts have kept their CA$19.00 price target on Black Diamond Group unchanged, citing revised assumptions that now pair higher projected revenue growth with a lower profit margin outlook, as well as a slightly adjusted discount rate and future P/E input. Valuation Changes Fair Value: CA$19.00 unchanged from the prior CA$19, with no change in the implied fair value per share.
Narrative Update Feb 09

BDI: Higher Dividend And Stronger P/E Outlook Will Support Future Returns

Narrative Update on Black Diamond Group Analysts have reaffirmed their price target at $19.00 for Black Diamond Group, citing relatively unchanged fair value assumptions along with small adjustments to the discount rate, revenue growth, profit margin and future P/E inputs. Valuation Changes Fair Value: Fair value per share remains unchanged at CA$19.00.
Narrative Update Jan 25

BDI: Higher Dividend And Rising P/E Expectations Will Support Steady Returns

Analysts have raised their price target on Black Diamond Group from $17.63 to $19.00, citing updated assumptions regarding the discount rate, revenue growth, profit margin, and a future P/E of 27.22x. What's in the News Black Diamond Group reported that from July 1, 2025 to September 30, 2025, it repurchased 0 shares for $0 million under its buyback program that was announced on May 8, 2025, leaving the authorization unused in this period (Key Developments).
Narrative Update Jan 10

BDI: Higher Dividend And Margin Outlook Will Support Steady Returns

Analysts have kept their price target for Black Diamond Group steady at $17.63, citing updated assumptions that include a lower discount rate, more moderate revenue growth expectations, and a higher projected profit margin supporting a similar forward P/E level. What's in the News Black Diamond Group Limited reported that from July 1, 2025 to September 30, 2025 it repurchased 0 shares for $0 million under its existing buyback program, with the company stating that this completes the repurchase of 0 shares for $0 million under the buyback announced on May 8, 2025 (Key Developments).
Narrative Update Dec 15

BDI: Future Dividend Increases Will Support Strong Return Momentum Into 2026

The analyst price target for Black Diamond Group has been raised to C$17. This reflects a modest uptick in valuation expectations as analysts cite sustained operational momentum and improved return potential.
Narrative Update Nov 28

BDI: Future Dividend Increase Will Drive Strong Momentum Into 2026

Analysts have increased their price target for Black Diamond Group to C$17. They cite improving fundamentals and a positive outlook, supported by strong revenue growth and stable profit margins.
Narrative Update Nov 14

BDI: Future Dividend Increase Will Support Ongoing Bullish Momentum

The analyst price target for Black Diamond Group has increased from C$16.75 to C$17.63. Analysts cited stronger revenue growth expectations and recent upward price target revisions as factors supporting a more optimistic outlook.
Analysis Article Nov 03

Black Diamond Group (TSE:BDI) Is Increasing Its Dividend To CA$0.045

Black Diamond Group Limited's ( TSE:BDI ) periodic dividend will be increasing on the 15th of January to CA$0.045, with...
Narrative Update Sep 24

Canadian Policy Shifts And Infrastructure Projects Will Define Future Prospects

The analyst consensus price target for Black Diamond Group has increased notably, primarily driven by a sharp upward revision in revenue growth forecasts and a substantial reduction in the projected future P/E multiple, raising fair value estimates from CA$14.83 to CA$16.75. What's in the News No shares were repurchased under the buyback announced on May 8, 2025.
Analysis Article Sep 22

Black Diamond Group (TSE:BDI) Will Pay A Dividend Of CA$0.035

Black Diamond Group Limited's ( TSE:BDI ) investors are due to receive a payment of CA$0.035 per share on 15th of...
Analysis Article Aug 15

We Think You Should Be Aware Of Some Concerning Factors In Black Diamond Group's (TSE:BDI) Earnings

TSX:BDI 1 Year Share Price vs Fair Value Explore Black Diamond Group's Fair Values from the Community and select yours...
Analysis Article Jun 26

Black Diamond Group's (TSE:BDI) Dividend Will Be CA$0.035

Black Diamond Group Limited ( TSE:BDI ) will pay a dividend of CA$0.035 on the 15th of July. The dividend yield will be...
Analysis Article May 19

Black Diamond Group (TSE:BDI) Has Announced A Dividend Of CA$0.035

The board of Black Diamond Group Limited ( TSE:BDI ) has announced that it will pay a dividend of CA$0.035 per share on...
Analysis Article May 07

Why We Think Black Diamond Group Limited's (TSE:BDI) CEO Compensation Is Not Excessive At All

Key Insights Black Diamond Group to hold its Annual General Meeting on 13th of May Salary of CA$621.0k is part of CEO...
Analysis Article May 05

Black Diamond Group (TSE:BDI) Has Announced A Dividend Of CA$0.035

The board of Black Diamond Group Limited ( TSE:BDI ) has announced that it will pay a dividend on the 15th of June...
Analysis Article Apr 08

Is Black Diamond Group Limited (TSE:BDI) Potentially Undervalued?

While Black Diamond Group Limited ( TSE:BDI ) might not have the largest market cap around , it saw significant share...
Analysis Article Mar 13

Black Diamond Group (TSE:BDI) Will Pay A Dividend Of CA$0.035

Black Diamond Group Limited's ( TSE:BDI ) investors are due to receive a payment of CA$0.035 per share on 15th of...
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New Narrative Feb 23

Contracted Rental Pipeline And MSS Expansion Will Secure Future Stability

Strong growth in Modular Space Solutions and LodgeLink, with rising rental rates and high revenue growth, enhances future earnings prospects.
Analysis Article Aug 06

Black Diamond Group (TSE:BDI) Has Announced A Dividend Of CA$0.03

Black Diamond Group Limited ( TSE:BDI ) has announced that it will pay a dividend of CA$0.03 per share on the 15th of...

Earnings and Revenue Growth Forecasts

TSX:BDI - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202864956401712
12/31/202765351911547
12/31/202656747661347
3/31/20264853212117N/A
12/31/20254573526131N/A
9/30/20254463731115N/A
6/30/20254423238126N/A
3/31/20254323016125N/A
12/31/2024403262111N/A
9/30/2024374248116N/A
6/30/20243903014118N/A
3/31/20243862753124N/A
12/31/20233943064133N/A
9/30/20233793232104N/A
6/30/2023358273198N/A
3/31/2023336272689N/A
12/31/2022325261771N/A
9/30/2022332283585N/A
6/30/2022345242975N/A
3/31/2022344223071N/A
12/31/2021340203371N/A
9/30/202130073465N/A
6/30/202123213159N/A
3/31/2021201-12653N/A
12/31/2020180-41450N/A
9/30/2020171-4443N/A
6/30/2020176-3441N/A
3/31/2020186-5-335N/A
12/31/2019186-7N/A37N/A
9/30/2019184-9N/A34N/A
6/30/2019175-13N/A36N/A
3/31/2019170-12N/A35N/A
12/31/2018166-11N/A39N/A
9/30/2018162-86N/A52N/A
6/30/2018162-85N/A47N/A
3/31/2018156-92N/A41N/A
12/31/2017153-95N/A31N/A
9/30/2017150-62N/A38N/A
6/30/2017141-66N/A42N/A
3/31/2017138-67N/A61N/A
12/31/2016153-64N/A70N/A
9/30/2016167-27N/A92N/A
6/30/2016199-11N/A109N/A
3/31/2016235-3N/A128N/A
12/31/20152828N/A137N/A
9/30/201531913N/A142N/A
6/30/201534416N/A136N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BDI's forecast earnings growth (18.7% per year) is above the savings rate (3%).

Earnings vs Market: BDI's earnings (18.7% per year) are forecast to grow faster than the Canadian market (10.7% per year).

High Growth Earnings: BDI's earnings are forecast to grow, but not significantly.

Revenue vs Market: BDI's revenue (12.7% per year) is forecast to grow faster than the Canadian market (4.6% per year).

High Growth Revenue: BDI's revenue (12.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BDI's Return on Equity is forecast to be high in 3 years time


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/09 13:26
End of Day Share Price 2026/06/09 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Black Diamond Group Limited is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Trevor ReynoldsAcumen Capital Finance Partners Limited
Kyle McPheeATB Cormark
Kyle McPheeATB Cormark Historical (Cormark Securities)