Bridgemarq Real Estate Services (TSE:BRE) Releases Quarterly Earnings Results

Bridgemarq Real Estate Services (TSE:BRE) announced its earnings results on Friday. The company reported C$0.06 earnings per share (EPS) for the quarter, FiscalAI reports. Bridgemarq Real Estate Services had a negative net margin of 1.24% and a positive return on equity of 5.29%. The business had revenue of C$111.26 million for the quarter.

Bridgemarq Real Estate Services Stock Up 0.4%

Shares of Bridgemarq Real Estate Services stock opened at C$13.00 on Friday. Bridgemarq Real Estate Services has a one year low of C$11.46 and a one year high of C$15.60. The company has a market cap of C$123.29 million, a P/E ratio of -6.19 and a beta of 0.82. The company has a debt-to-equity ratio of -127.66, a quick ratio of 3.06 and a current ratio of 0.40. The firm has a fifty day moving average of C$14.17 and a two-hundred day moving average of C$14.62.

Bridgemarq Real Estate Services Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 28th will be paid a $0.1125 dividend. This represents a c) annualized dividend and a yield of 10.4%. The ex-dividend date of this dividend is Friday, October 31st. Bridgemarq Real Estate Services’s payout ratio is currently -64.29%.

Wall Street Analysts Forecast Growth

Separately, Cormark downgraded shares of Bridgemarq Real Estate Services from a “moderate buy” rating to a “hold” rating in a research report on Friday, August 15th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of C$18.00.

Bridgemarq Real Estate Services Company Profile

Bridgemarq Real Estate Services Inc is a Canada-based real estate services company. Its segment includes providing information and services to real estate agents and brokers in Canada through a portfolio of real estate services brands. It supplies realtors with information, tools, and services to assist them in providing and delivery of real estate sales services.