FY2022 EPS Estimates for RioCan Real Estate Investment Trust (TSE:REI) Increased by Analyst

RioCan Real Estate Investment Trust (TSE:REIGet Rating) – Equities researchers at National Bank Financial boosted their FY2022 EPS estimates for shares of RioCan Real Estate Investment Trust in a note issued to investors on Wednesday, May 11th. National Bank Financial analyst T. Woolley now expects that the company will post earnings of $1.71 per share for the year, up from their previous forecast of $1.70. National Bank Financial also issued estimates for RioCan Real Estate Investment Trust’s FY2023 earnings at $1.80 EPS.

RioCan Real Estate Investment Trust (TSE:REIGet Rating) last posted its earnings results on Wednesday, February 9th. The company reported C$0.66 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.38 by C$0.28. The firm had revenue of C$336.44 million for the quarter.

RioCan Real Estate Investment Trust has a twelve month low of C$10.88 and a twelve month high of C$17.17.

The company also recently announced a monthly dividend, which was paid on Friday, May 6th. Stockholders of record on Friday, April 29th were issued a dividend of $0.085 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date was Thursday, April 28th.

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