FY2019 EPS Estimates for Capreit (TSE:CAR) Boosted by Analyst
Capreit (TSE:CAR) – Equities researchers at Raymond James lifted their FY2019 earnings per share (EPS) estimates for shares of Capreit in a research note issued on Wednesday, August 14th. Raymond James analyst J. Rodrigues now anticipates that the company will post earnings per share of $2.11 for the year, up from their previous forecast of $2.10. Raymond James also issued estimates for Capreit’s Q4 2020 earnings at $0.55 EPS and FY2020 earnings at $2.22 EPS.
Separately, National Bank Financial upgraded shares of Capreit from a “sector perform under weight” rating to an “outperfrom under weight” rating in a report on Thursday, August 15th.
The company also recently declared a monthly dividend, which was paid on Thursday, August 15th. Shareholders of record on Wednesday, July 31st were issued a dividend of $0.115 per share. This represents a $1.38 dividend on an annualized basis and a yield of ∞. The ex-dividend date was Tuesday, July 30th.
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