FY2024 EPS Estimates for Capreit Boosted by Analyst (TSE:CAR)

Capreit (TSE:CAR) – Equities researchers at Desjardins boosted their FY2024 earnings estimates for Capreit in a report released on Sunday, November 12th. Desjardins analyst K. Stanley now expects that the company will earn $2.52 per share for the year, up from their prior forecast of $2.47. Desjardins also issued estimates for Capreit’s FY2025 earnings at $2.64 EPS.

Capreit Stock Performance

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

Capreit (TSE:CAR) last announced its quarterly earnings data on Wednesday, November 8th. The company reported C($2.11) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.63 by C($2.74). The company had revenue of C$268.38 million for the quarter.

Capreit Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st will be given a dividend of $0.121 per share. This represents a $1.45 annualized dividend and a yield of ∞. The ex-dividend date is Monday, October 30th.