FY2024 Earnings Forecast for Capreit Issued By Desjardins

Capreit (TSE:CAR) – Equities research analysts at Desjardins cut their FY2024 earnings estimates for Capreit in a report released on Monday, November 11th. Desjardins analyst K. Stanley now expects that the company will post earnings per share of $2.55 for the year, down from their previous forecast of $2.58.

Capreit Stock Performance

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

Capreit Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be issued a $0.125 dividend. This represents a $1.50 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Thursday, October 31st.

Capreit Company Profile

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.