FY2023 EPS Estimates for Auto Prop Reit (TSE:APR) Cut by Analyst

Auto Prop Reit (TSE:APRFree Report) – Investment analysts at Raymond James lowered their FY2023 earnings estimates for shares of Auto Prop Reit in a research note issued on Tuesday, November 14th. Raymond James analyst B. Sturges now forecasts that the company will earn $0.97 per share for the year, down from their previous estimate of $0.99.

Auto Prop Reit Stock Performance

Auto Prop Reit Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 30th will be issued a $0.067 dividend. The ex-dividend date is Wednesday, November 29th. This represents a $0.80 dividend on an annualized basis and a dividend yield of ∞.

About Auto Prop Reit

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Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 64 income-producing commercial properties and one development property, representing approximately 2.5 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec.

See Also

Earnings History and Estimates for Auto Prop Reit (TSE:APR)

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