Raymond James lowered shares of First Capital Realty (TSE:FCR) from a strong-buy rating to a market perform rating in a research note issued to investors on Monday, BayStreet.CA reports.

Other research analysts also recently issued research reports about the stock. TD Securities upped their price objective on shares of First Capital Realty from C$24.00 to C$26.00 and gave the company a buy rating in a research note on Saturday, April 13th. National Bank Financial upped their price objective on shares of Yamana Gold from C$3.75 to C$4.00 and gave the company a sector perform rating in a research note on Friday, May 10th. Royal Bank of Canada set a GBX 5,200 ($67.95) price objective on shares of London Stock Exchange Group and gave the company a buy rating in a research note on Wednesday, April 24th. Finally, CIBC upped their price objective on shares of First Capital Realty from C$22.50 to C$23.00 in a research note on Saturday, April 13th. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. First Capital Realty presently has a consensus rating of Buy and an average price target of C$23.75.

TSE FCR opened at C$21.91 on Monday. First Capital Realty has a 12 month low of C$18.28 and a 12 month high of C$22.49. The company’s 50-day moving average is C$21.93. The company has a debt-to-equity ratio of 86.66, a quick ratio of 0.08 and a current ratio of 1.09. The firm has a market cap of $5.32 billion and a P/E ratio of 16.35.

First Capital Realty (TSE:FCR) last posted its quarterly earnings data on Tuesday, May 7th. The company reported C$0.24 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.31 by C($0.07). The firm had revenue of C$194.67 million for the quarter. On average, analysts expect that First Capital Realty will post 1.9 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 18th. Stockholders of record on Thursday, July 18th will be paid a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date of this dividend is Thursday, June 27th. First Capital Realty’s dividend payout ratio is currently 48.13%.

In other First Capital Realty news, Director Dori Segal bought 2,500 shares of the company’s stock in a transaction that occurred on Monday, May 13th. The stock was purchased at an average price of C$10.60 per share, with a total value of C$26,500.00. Following the transaction, the director now owns 67,000 shares in the company, valued at C$710,200. In the last ninety days, insiders have bought 12,000 shares of company stock valued at $126,905.

First Capital Realty Company Profile

First Capital Realty Inc acquires, develops, redevelops, owns, and manages urban retail-centered real estate properties in Canada. The company's property portfolio comprises grocery stores, pharmacies, liquor stores, banks, restaurants, cafes, fitness centers, medical, and childcare facilities. It also offers other professional and personal services.

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