FY2024 Earnings Estimate for Capreit Issued By Raymond James (TSE:CAR)

Capreit (TSE:CARFree Report) – Stock analysts at Raymond James reduced their FY2024 earnings estimates for Capreit in a research note issued on Wednesday, April 24th. Raymond James analyst B. Sturges now forecasts that the company will earn $2.62 per share for the year, down from their previous estimate of $2.63.

Capreit (TSE:CARGet Free Report) last released its quarterly earnings results on Thursday, February 22nd. The company reported C$0.05 EPS for the quarter, missing the consensus estimate of C$0.59 by C($0.54). The company had revenue of C$272.20 million for the quarter.

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

View Our Latest Analysis on Capreit

Capreit Stock Performance

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

Capreit Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be paid 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 yield of ?.

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Earnings History and Estimates for Capreit (TSE:CAR)

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