Cormark Issues Positive Outlook for TSE:BEI Earnings

Boardwalk Real Estate Investment Trust (TSE:BEI) – Cormark raised their Q1 2025 earnings per share (EPS) estimates for shares of Boardwalk Real Estate Investment Trust in a research note issued on Friday, November 8th. Cormark analyst S. Srinivas now anticipates that the company will post earnings of $0.99 per share for the quarter, up from their previous estimate of $0.97. Cormark also issued estimates for Boardwalk Real Estate Investment Trust’s FY2025 earnings at $4.33 EPS.

A number of other analysts have also commented on BEI. Scotiabank raised shares of Boardwalk Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 1st. Raymond James cut Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “moderate buy” rating in a research note on Thursday, September 5th.

Boardwalk Real Estate Investment Trust Stock Performance

Boardwalk Real Estate Investment Trust has a 1 year low of C$37.96 and a 1 year high of C$49.75.

Boardwalk Real Estate Investment Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a dividend of $0.12 per share. This represents a $1.44 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Thursday, October 31st.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada. The Trust owns over 200 properties containing approximately 33,770 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.