Capreit Forecasted to Earn FY2025 Earnings of $2.69 Per Share (TSE:CAR)

Capreit (TSE:CARFree Report) – Equities research analysts at National Bank Financial cut their FY2025 earnings estimates for Capreit in a note issued to investors on Tuesday, October 8th. National Bank Financial analyst M. Kornack now anticipates that the company will post earnings of $2.69 per share for the year, down from their prior forecast of $2.74.

Capreit (TSE:CARGet Free Report) last posted its earnings results on Wednesday, August 7th. The company reported C$0.66 EPS for the quarter, beating analysts’ consensus estimates of C$0.64 by C$0.02. The company had revenue of C$278.13 million during the quarter.

Separately, Ventum Cap Mkts upgraded shares of Capreit to a “hold” rating in a report on Monday, July 15th.

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Capreit Stock Performance

Capreit has a 52 week low of C$20.71 and a 52 week high of C$50.88.

Capreit Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a $0.125 dividend. The ex-dividend date is Monday, September 30th. This represents a $1.50 dividend on an annualized basis and a dividend yield of ∞.

Capreit Company Profile

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Avis Budget Group, Inc, together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 465 dealer-operated and 385 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network.

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Earnings History and Estimates for Capreit (TSE:CAR)

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