National Bank Financial Weighs in on Boardwalk Real Estate Investment Trust’s FY2024 Earnings (TSE:BEI)

Boardwalk Real Estate Investment Trust (TSE:BEI) – Equities research analysts at National Bank Financial lifted their FY2024 earnings per share 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 expects 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 Price Performance

Boardwalk Real Estate Investment Trust has a 12 month low of C$37.96 and a 12 month high of C$49.75.

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

Boardwalk Real Estate Investment Trust Increases Dividend

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

Boardwalk Real Estate Investment Trust Company Profile

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.