Cormark Has Optimistic Outlook of TSE:BEI FY2025 Earnings

Boardwalk Real Estate Investment Trust (TSE:BEI) – Equities researchers at Cormark increased their FY2025 earnings estimates for shares of Boardwalk Real Estate Investment Trust in a research note issued on Friday, July 11th. Cormark analyst S. Srinivas now anticipates that the company will earn $4.46 per share for the year, up from their prior forecast of $4.45. Cormark also issued estimates for Boardwalk Real Estate Investment Trust’s Q4 2025 earnings at $1.14 EPS, Q2 2026 earnings at $1.12 EPS, Q3 2026 earnings at $1.18 EPS, Q4 2026 earnings at $1.17 EPS and FY2026 earnings at $4.51 EPS.

Separately, National Bank Financial upgraded shares of Boardwalk Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research note on Thursday.

Boardwalk Real Estate Investment Trust Stock Performance

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

About Boardwalk Real Estate Investment Trust

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.