Timbercreek Financial (TSE:TF – Get Free Report) is set to issue its quarterly earnings data after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of C$0.18 per share for the quarter.
Timbercreek Financial (TSE:TF – Get Free Report) last announced its quarterly earnings results on Monday, February 26th. The company reported C$0.18 EPS for the quarter, missing the consensus estimate of C$0.19 by C($0.01). The firm had revenue of C$29.72 million during the quarter, compared to the consensus estimate of C$29.49 million. Timbercreek Financial had a net margin of 75.87% and a return on equity of 9.49%.
Timbercreek Financial Trading Up 1.1 %
Timbercreek Financial stock opened at C$7.61 on Friday. Timbercreek Financial has a fifty-two week low of C$5.74 and a fifty-two week high of C$7.85. The firm’s fifty day moving average price is C$7.62 and its 200-day moving average price is C$7.04. The company has a debt-to-equity ratio of 142.94, a quick ratio of 145.00 and a current ratio of 7.72. The stock has a market cap of C$631.71 million, a P/E ratio of 9.76 and a beta of 1.24.
Timbercreek Financial Dividend Announcement
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on TF shares. Fundamental Research set a C$9.90 target price on Timbercreek Financial and gave the stock a “buy” rating in a research report on Wednesday, March 13th. National Bankshares lifted their price target on Timbercreek Financial from C$7.00 to C$7.50 and gave the stock a “sector perform” rating in a research note on Wednesday, February 28th. Finally, TD Securities raised Timbercreek Financial from a “hold” rating to a “buy” rating and lifted their price target for the stock from C$7.00 to C$8.50 in a research note on Wednesday, February 28th.
View Our Latest Research Report on TF
About Timbercreek Financial
Timbercreek Financial Corp. provides shorter-duration structured financing solutions to commercial real estate investors in Canada. It focuses on lending against income-producing real estate properties, such as multi-residential, office, and retail buildings in urban markets. The company was founded in 2016 and is headquartered in Toronto, Canada.
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