Research Analysts Offer Predictions for Capreit’s FY2024 Earnings (TSE:CAR)

Capreit (TSE:CARFree Report) – Analysts at Raymond James cut their FY2024 earnings per share estimates for shares of Capreit in a research note issued on Wednesday, April 24th. Raymond James analyst B. Sturges now anticipates that the company will post earnings of $2.62 per share for the year, down from their prior estimate of $2.63.

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

Check Out Our Latest Research Report on Capreit

Capreit Price Performance

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

Capreit (TSE:CARGet Free Report) last announced its quarterly earnings results 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 during the quarter.

Capreit Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be issued a $0.121 dividend. This represents a $1.45 annualized dividend and a dividend yield of ?. The ex-dividend date is Monday, April 29th.

See Also

Earnings History and Estimates for Capreit (TSE:CAR)

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