Desjardins Analysts Raise Earnings Estimates for First Capital Realty Inc. (TSE:FCR)

First Capital Realty Inc. (TSE:FCR) – Investment analysts at Desjardins lifted their FY2024 EPS estimates for First Capital Realty in a research report issued to clients and investors on Wednesday, May 1st. Desjardins analyst L. Kalmar now anticipates that the company will post earnings per share of $1.33 for the year, up from their prior forecast of $1.21. Desjardins also issued estimates for First Capital Realty’s FY2025 earnings at $1.27 EPS.

First Capital Realty (TSE:FCR) last issued its quarterly earnings results on Tuesday, February 6th. The company reported C$0.81 EPS for the quarter, topping analysts’ consensus estimates of C$0.31 by C$0.50. The company had revenue of C$171.18 million during the quarter.

First Capital Realty Price Performance

Shares of FCR opened at C$20.86 on Monday. First Capital Realty has a fifty-two week low of C$18.60 and a fifty-two week high of C$22.79. The business has a 50 day simple moving average of C$20.86.

First Capital Realty Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be given a dividend of $0.072 per share. The ex-dividend date is Monday, April 29th. This represents a $0.86 annualized dividend and a yield of 4.14%.