Capreit (TSE:CAR – Free Report) – Analysts at Raymond James cut their FY2024 earnings estimates for Capreit in a note issued to investors on Wednesday, April 24th. Raymond James analyst B. Sturges now expects that the company will post earnings of $2.62 per share for the year, down from their previous forecast of $2.63.
Separately, Echelon Wealth Partners lowered Capreit from a “buy” rating to a “hold” rating in a research note on Friday, February 23rd.
Capreit Price Performance
Capreit has a 12 month low of C$20.71 and a 12 month high of C$50.88.
Capreit (TSE:CAR – Get Free Report) last issued its quarterly earnings results on Thursday, February 22nd. The company reported C$0.05 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.59 by C($0.54). The company had revenue of C$272.20 million for the quarter.
Capreit Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be paid a dividend of $0.121 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a $1.45 annualized dividend and a dividend yield of ∞.
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