Capreit to Post FY2018 Earnings of $2.00 Per Share, Raymond James Forecasts (CAR)

Capreit (TSE:CAR) – Research analysts at Raymond James upped their FY2018 earnings per share (EPS) estimates for Capreit in a research note issued to investors on Wednesday, November 7th. Raymond James analyst K. Avalos now expects that the company will earn $2.00 per share for the year, up from their prior forecast of $1.99. Raymond James also issued estimates for Capreit’s Q1 2019 earnings at $0.49 EPS, Q2 2019 earnings at $0.54 EPS, Q3 2019 earnings at $0.57 EPS, Q4 2019 earnings at $0.52 EPS and FY2019 earnings at $2.13 EPS.

Capreit (TSE:CAR) last released its quarterly earnings data on Friday, August 10th. The company reported C$1.82 EPS for the quarter, topping the consensus estimate of C$0.49 by C$1.33. The firm had revenue of C$170.60 million for the quarter.

CAR opened at C$44.47 on Friday. Capreit has a 52 week low of C$20.71 and a 52 week high of C$50.88.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, November 15th. Shareholders of record on Wednesday, October 31st will be issued a dividend of $0.111 per share. The ex-dividend date is Tuesday, October 30th. This represents a $1.33 annualized dividend and a yield of 3.00%.

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Earnings History and Estimates for Capreit (TSE:CAR)

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