National Bank Financial Equities Analysts Cut Earnings Estimates for Inovalis Real Estate Investment Trust (TSE:INO)

Inovalis Real Estate Investment Trust (TSE:INO – Get Rating) – Stock analysts at National Bank Financial dropped their FY2023 earnings per share estimates for Inovalis Real Estate Investment Trust in a research report issued to clients and investors on Thursday, May 18th. National Bank Financial analyst M. Kornack now expects that the company will post earnings per share of $0.39 for the year, down from their prior forecast of $0.53.

Separately, Desjardins restated a “hold” rating on shares of Inovalis Real Estate Investment Trust in a research report on Tuesday, April 18th.

Inovalis Real Estate Investment Trust Stock Performance

Inovalis Real Estate Investment Trust Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, April 17th. Shareholders of record on Friday, March 31st were paid a $0.034 dividend. This represents a $0.41 annualized dividend and a yield of ∞. The ex-dividend date of this dividend was Thursday, March 30th.