National Bank Financial Analysts Boost Earnings Estimates for Boardwalk Real Estate Investment Trust (TSE:BEI)

Boardwalk Real Estate Investment Trust (TSE:BEI) – Equities researchers at National Bank Financial boosted their FY2024 EPS estimates for shares of Boardwalk Real Estate Investment Trust in a note issued to investors on Wednesday, May 8th. National Bank Financial analyst M. Kornack now forecasts that the company will post earnings of $4.21 per share for the year, up from their previous estimate of $4.16.

Boardwalk Real Estate Investment Trust (TSE:BEI) last posted its earnings results on Thursday, February 22nd. The company reported C$3.75 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.92 by C$2.83. The company had revenue of C$143.13 million for the quarter.

Boardwalk Real Estate Investment Trust Stock Performance

Boardwalk Real Estate Investment Trust has a twelve month low of C$37.96 and a twelve month high of C$49.75.

Boardwalk Real Estate Investment Trust Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 29th were given a dividend of $0.12 per share. The ex-dividend date was Wednesday, March 27th. This is an increase from Boardwalk Real Estate Investment Trust’s previous monthly dividend of $0.10. This represents a $1.44 annualized dividend and a yield of ?.

About Boardwalk Real Estate Investment Trust

Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada. The Trust owns over 200 properties containing approximately 33,770 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.