Cominar REIT Forecasted to Earn Q2 2019 Earnings of $0.29 Per Share (TSE:CUF)
Cominar REIT (TSE:CUF) – Analysts at National Bank Financial issued their Q2 2019 earnings per share (EPS) estimates for shares of Cominar REIT in a research report issued on Thursday, July 11th. National Bank Financial analyst M. Kornack forecasts that the company will earn $0.29 per share for the quarter. National Bank Financial also issued estimates for Cominar REIT’s FY2019 earnings at $1.15 EPS.
Separately, Echelon Wealth Partners reissued a “buy” rating on shares of Cominar REIT in a research note on Monday, May 6th.
Cominar REIT (TSE:CUF) last posted its quarterly earnings data on Monday, May 6th. The company reported C$0.24 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.26 by C($0.02). The business had revenue of C$181.94 million during the quarter.
The firm also recently announced a monthly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 28th were paid a dividend of $0.06 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date was Thursday, June 27th.
About Cominar REIT
Cominar REIT is a Canada-based real estate investment trust (REIT). The Company is a commercial property owner and manager in the province of Quebec. Its segments include Office, Retail, and Industrial and mixed-use. Its activities include a portfolio of three property types, including office properties, retail properties, and industrial and mixed-use properties located in Canadian provinces.
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