Cormark Has Pessimistic Outlook of Capreit Q1 Earnings

Capreit (TSE:CAR) – Equities research analysts at Cormark decreased their Q1 2025 earnings per share estimates for Capreit in a note issued to investors on Monday, November 18th. Cormark analyst S. Srinivas now forecasts that the company will earn $0.61 per share for the quarter, down from their previous estimate of $0.69. Cormark also issued estimates for Capreit’s FY2025 earnings at $2.54 EPS and FY2026 earnings at $2.58 EPS.

Capreit Stock Performance

Capreit has a twelve month low of C$20.71 and a twelve month high of C$50.88.

Capreit Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a $0.125 dividend. This represents a $1.50 annualized dividend and a yield of ∞. The ex-dividend date was Thursday, October 31st.

About Capreit

Avis Budget Group, Inc, together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 465 dealer-operated and 385 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network.