Desjardins Brokers Lower Earnings Estimates for TSE:BEI

Boardwalk Real Estate Investment Trust (TSE:BEI) – Investment analysts at Desjardins decreased their Q4 2024 earnings per share (EPS) estimates for Boardwalk Real Estate Investment Trust in a report released on Thursday, November 7th. Desjardins analyst K. Stanley now anticipates that the company will post earnings per share of $1.08 for the quarter, down from their prior forecast of $1.09. Desjardins also issued estimates for Boardwalk Real Estate Investment Trust’s FY2026 earnings at $4.78 EPS.

Several other brokerages have also recently weighed in on BEI. Scotiabank upgraded Boardwalk Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 1st. Raymond James lowered shares of Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “moderate buy” rating in a report on Thursday, September 5th.

Boardwalk Real Estate Investment Trust Price Performance

Boardwalk Real Estate Investment Trust has a 1-year low of C$37.96 and a 1-year high of C$49.75.

Boardwalk Real Estate Investment Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be given a dividend of $0.12 per share. This represents a $1.44 annualized dividend and a yield of ∞. The ex-dividend date is Thursday, October 31st.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada. The Trust owns over 200 properties containing approximately 33,770 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.