Capreit (TSE:CAR) to Post FY2023 Earnings of $2.38 Per Share, Cormark Forecasts

Capreit (TSE:CARFree Report) – Equities researchers at Cormark increased their FY2023 earnings estimates for shares of Capreit in a research note issued on Wednesday, November 15th. Cormark analyst S. Srinivas now anticipates that the company will earn $2.38 per share for the year, up from their prior forecast of $2.34. Cormark also issued estimates for Capreit’s Q1 2024 earnings at $0.61 EPS, Q2 2024 earnings at $0.64 EPS, Q3 2024 earnings at $0.63 EPS, Q4 2024 earnings at $0.65 EPS, FY2024 earnings at $2.53 EPS, Q1 2025 earnings at $0.65 EPS, Q2 2025 earnings at $0.70 EPS, Q3 2025 earnings at $0.71 EPS and FY2025 earnings at $2.79 EPS.

Capreit Price Performance

Capreit has a 1 year low of C$20.71 and a 1 year high of C$50.88.

Capreit (TSE:CARGet Free Report) last announced its quarterly earnings results on Wednesday, November 8th. The company reported C($2.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.63 by C($2.74). The company had revenue of C$268.38 million during the quarter.

Capreit Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, December 15th. Investors of record on Thursday, November 30th will be issued a $0.121 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $1.45 annualized dividend and a dividend yield of ∞.

See Also

Earnings History and Estimates for Capreit (TSE:CAR)

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