National Bank Financial Weighs in on Capreit’s Q1 2024 Earnings (TSE:CAR)

Capreit (TSE:CAR) – Equities research analysts at National Bank Financial issued their Q1 2024 EPS estimates for Capreit in a note issued to investors on Tuesday, April 23rd. National Bank Financial analyst M. Kornack expects that the company will post earnings of $0.60 per share for the quarter. National Bank Financial also issued estimates for Capreit’s FY2025 earnings at $2.87 EPS.

Capreit (TSE:CAR) last released its quarterly earnings data on Thursday, February 22nd. The company reported C$0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.59 by C($0.54). The business 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.

Capreit Price Performance

Capreit has a 52 week low of C$20.71 and a 52 week high of C$50.88.

Capreit Announces Dividend

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