Q2 2023 EPS Estimates for Capreit (TSE:CAR) Cut by Raymond James

Capreit (TSE:CAR – Get Rating) – Equities research analysts at Raymond James lowered their Q2 2023 earnings estimates for shares of Capreit in a research report issued to clients and investors on Thursday, May 18th. Raymond James analyst B. Sturges now anticipates that the company will post earnings of $0.62 per share for the quarter, down from their prior forecast of $0.63. Raymond James also issued estimates for Capreit’s Q3 2024 earnings at $0.70 EPS.

Capreit (TSE:CAR – Get Rating) last announced its quarterly earnings data on Wednesday, February 22nd. The company reported C$0.90 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.55 by C$0.35. The firm had revenue of C$256.92 million during the quarter.

Capreit Price Performance

Capreit has a 1-year low of C$20.71 and a 1-year high of C$50.88.

Capreit Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, June 15th. Investors of record on Wednesday, May 31st will be issued a $0.121 dividend. The ex-dividend date is Tuesday, May 30th. This represents a $1.45 dividend on an annualized basis and a yield of ∞.