FY2025 EPS Estimates for Choice Properties REIT Lowered by Analyst (TSE:CHP)

Choice Properties REIT (TSE:CHP) – Equities researchers at Desjardins reduced their FY2025 earnings estimates for Choice Properties REIT in a research report issued on Thursday, April 25th. Desjardins analyst L. Kalmar now expects that the company will post earnings of $1.06 per share for the year, down from their prior estimate of $1.07.

Choice Properties REIT (TSE:CHP) last released its quarterly earnings data on Wednesday, February 14th. The company reported C($0.62) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.25 by C($0.87). The business had revenue of C$329.11 million for the quarter.

Choice Properties REIT Stock Performance

Choice Properties REIT has a one year low of C$11.59 and a one year high of C$14.26.

Choice Properties REIT Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be paid a dividend of $0.063 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a $0.76 dividend on an annualized basis and a dividend yield of ∞.

About Choice Properties REIT

Choice Properties Real Estate Investment Trust (the Trust) is an unincorporated, open-ended real estate investment trust. The Trust is the owner, manager and developer of retail and other commercial properties across Canada. Its portfolio comprises over 530 properties with a total gross leasable area (GLA) of approximately 44 million square feet.