Capreit Expected to Earn FY2018 Earnings of $2.03 Per Share (CAR)
Capreit (TSE:CAR) – Stock analysts at Desjardins cut their FY2018 EPS estimates for shares of Capreit in a research note issued to investors on Sunday, November 11th, according to Zacks Investment Research. Desjardins analyst M. Markidis now anticipates that the company will earn $2.03 per share for the year, down from their prior estimate of $2.05. Desjardins currently has a “Hold” rating on the stock. Desjardins also issued estimates for Capreit’s Q4 2018 earnings at $0.51 EPS and FY2019 earnings at $2.18 EPS.
Capreit has a fifty-two week low of C$20.71 and a fifty-two week high of C$50.88.
The business also recently declared a monthly dividend, which will be paid on Monday, December 17th. Investors of record on Friday, November 30th will be issued a $0.111 dividend. This represents a $1.33 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Thursday, November 29th.
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