Brokers Set Expectations for Minto Apartment FY2025 Earnings

Minto Apartment (TSE:MI) – Stock analysts at Desjardins lowered their FY2025 earnings per share (EPS) estimates for shares of Minto Apartment in a research note issued to investors on Wednesday, November 13th. Desjardins analyst K. Stanley now anticipates that the company will earn $1.02 per share for the year, down from their prior estimate of $1.03. Desjardins also issued estimates for Minto Apartment’s FY2026 earnings at $1.08 EPS.

Minto Apartment Price Performance

Minto Apartment (TSE:MI) last announced its earnings results on Tuesday, August 13th. The company reported C$0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.23 by C$0.27. The firm had revenue of C$38.89 million during the quarter.

Minto Apartment Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be issued a $0.042 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.50 dividend on an annualized basis and a yield of ∞.

Minto Apartment Company Profile

Takung Art Co, Ltd., through its subsidiaries, operates an electronic online platform for artists, art dealers, and art investors to offer and trade in artwork in the form of non-fungible token (NFT) primarily in the People’s Republic of China. The company’s electronic online platform www.nftoeo.com offers online listing and trading services that allow artists/art dealers/owners to access art trading market where they can engage with a range of investors, as well as invests in artwork.