Desjardins Has Negative Outlook of Capreit FY2026 Earnings

Capreit (TSE:CAR) – Desjardins dropped their FY2026 earnings per share (EPS) estimates for Capreit in a research report issued to clients and investors on Thursday, September 18th. Desjardins analyst K. Stanley now expects that the company will earn $2.65 per share for the year, down from their previous forecast of $2.68. Desjardins also issued estimates for Capreit’s FY2027 earnings at $2.75 EPS.

Several other equities research analysts also recently commented on the company. Canaccord Genuity Group downgraded Capreit from a “strong-buy” rating to a “hold” rating in a report on Friday, August 1st. Scotiabank downgraded Capreit from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Capreit Price Performance

Capreit has a 1-year low of C$20.71 and a 1-year high of C$50.88.

Capreit Company Profile

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.