Capreit (TSE:CAR) Forecasted to Post FY2019 Earnings of $2.19 Per Share

Capreit (TSE:CAR) – Stock analysts at National Bank Financial issued their FY2019 earnings per share (EPS) estimates for shares of Capreit in a report released on Tuesday, April 23rd, according to Zacks Investment Research. National Bank Financial analyst M. Kornack anticipates that the company will post earnings of $2.19 per share for the year. National Bank Financial currently has a “Sector Perform Under Weight” rating on the stock. National Bank Financial also issued estimates for Capreit’s FY2020 earnings at $2.33 EPS.

Capreit (TSE:CAR) last released its quarterly earnings results on Tuesday, February 26th. The company reported C$5.05 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of C$0.50 by C$4.55. The firm had revenue of C$177.67 million for the quarter.

Other analysts have also recently issued reports about the stock. Echelon Wealth Partners raised shares of Capreit from a “hold” rating to a “buy” rating in a research note on Wednesday, February 27th. Desjardins reaffirmed a “hold” rating on shares of Capreit in a report on Thursday, February 28th.

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

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 17th. Shareholders of record on Friday, May 31st will be paid a $0.115 dividend. This represents a $1.38 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Thursday, May 30th.

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Earnings History and Estimates for Capreit (TSE:CAR)

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