Q3 2017 Earnings Estimate for Timbercreek Financial Corp (TF) Issued By National Bank Financial

Timbercreek Financial Corp (TSE:TF) – Equities researchers at National Bank Financial raised their Q3 2017 earnings estimates for Timbercreek Financial Corp in a report issued on Tuesday. National Bank Financial analyst J. Gloyn now forecasts that the company will earn $0.19 per share for the quarter, up from their previous estimate of $0.18.

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Earnings History and Estimates for Timbercreek Financial Corp (TSE:TF)

Other research analysts also recently issued reports about the stock. Raymond James Financial, Inc. reiterated an “outperform” rating and set a C$10.00 price target on shares of Timbercreek Financial Corp in a report on Friday, March 3rd. TD Securities reiterated a “hold” rating and set a C$9.50 price target on shares of Timbercreek Financial Corp in a report on Thursday, March 2nd.

Shares of Timbercreek Financial Corp (TSE TF) opened at 9.17 on Friday. Timbercreek Financial Corp has a 1-year low of $7.86 and a 1-year high of $9.54. The firm has a market capitalization of $678.31 million and a PE ratio of 11.76. The stock has a 50 day moving average price of $9.09 and a 200 day moving average price of $9.08.

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 15th. Investors of record on Thursday, June 15th were issued a $0.057 dividend. The ex-dividend date was Monday, May 29th. This represents a $0.68 dividend on an annualized basis and a yield of 7.46%.

In related news, insider Carrie Morris acquired 3,350 shares of the firm’s stock in a transaction that occurred on Friday, May 12th. The stock was acquired at an average cost of C$9.14 per share, for a total transaction of C$30,619.00. Insiders purchased 5,750 shares of company stock valued at $52,329 over the last 90 days.

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