Bridgemarq Real Estate Services Inc. (TSE:BRE) to Post Q3 2024 Earnings of $0.10 Per Share, Cormark Forecasts

Bridgemarq Real Estate Services Inc. (TSE:BRE) – Equities researchers at Cormark issued their Q3 2024 earnings per share (EPS) estimates for Bridgemarq Real Estate Services in a research report issued on Thursday, October 10th. Cormark analyst J. Fenwick expects that the company will post earnings per share of $0.10 for the quarter. Cormark has a “Moderate Buy” rating on the stock. Cormark also issued estimates for Bridgemarq Real Estate Services’ Q4 2024 earnings at ($0.20) EPS, FY2024 earnings at ($0.14) EPS, FY2025 earnings at $0.14 EPS and FY2026 earnings at $0.52 EPS.

Bridgemarq Real Estate Services (TSE:BRE) last released its quarterly earnings results on Tuesday, August 13th. The company reported C$0.17 earnings per share (EPS) for the quarter. The firm had revenue of C$110.09 million during the quarter.

Bridgemarq Real Estate Services Price Performance

Shares of TSE BRE opened at C$14.67 on Monday. The stock has a market capitalization of C$139.07 million, a PE ratio of 12.87 and a beta of 1.28. The business has a fifty day moving average price of C$13.64 and a two-hundred day moving average price of C$13.34. Bridgemarq Real Estate Services has a fifty-two week low of C$11.06 and a fifty-two week high of C$14.76.

Insiders Place Their Bets

In related news, Director Gitanjli Datt purchased 3,000 shares of the firm’s stock in a transaction dated Friday, August 16th. The stock was bought at an average price of C$13.11 per share, with a total value of C$39,330.00. Insiders own 0.89% of the company’s stock.

Bridgemarq Real Estate Services Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Monday, September 30th will be issued a dividend of $0.112 per share. The ex-dividend date is Friday, September 27th. This represents a $1.34 dividend on an annualized basis and a dividend yield of 9.16%. Bridgemarq Real Estate Services’s dividend payout ratio (DPR) is currently 118.42%.

About Bridgemarq Real Estate Services

Bridgemarq Real Estate Services Inc provides various services to residential real estate brokers and REALTORS in Canada. The company offers information, tools, and services that assist its customers in the delivery of real estate services. It provides its services under the Royal LePage, Via Capitale, Johnston and Daniel, and Proprio Direct brand names.