Capreit (CAR) to Release Earnings on Wednesday

Capreit (TSE:CAR) will announce its earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of C$0.61 per share for the quarter.

Capreit (TSE:CAR) last posted its quarterly earnings data on Thursday, February 22nd. The company reported C$0.05 EPS for the quarter, missing analysts’ consensus estimates of C$0.59 by C($0.54). The firm had revenue of C$272.20 million for the quarter.

Capreit Stock Performance

Capreit has a 1 year low of C$20.71 and a 1 year high of C$50.88.

Capreit Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be given a dividend of $0.121 per share. The ex-dividend date is Monday, April 29th. This represents a $1.45 dividend on an annualized basis and a dividend yield of ?.

Analyst Upgrades and Downgrades

Separately, Echelon Wealth Partners downgraded shares of Capreit from a “buy” rating to a “hold” rating in a research report on Friday, February 23rd.