What is Desjardins’ Forecast for TSE:BEI FY2024 Earnings?

Boardwalk Real Estate Investment Trust (TSE:BEI) – Analysts at Desjardins dropped their FY2024 earnings per share (EPS) estimates for shares of Boardwalk Real Estate Investment Trust in a research note issued to investors on Thursday, November 7th. Desjardins analyst K. Stanley now expects that the company will earn $4.18 per share for the year, down from their previous forecast of $4.19. Desjardins also issued estimates for Boardwalk Real Estate Investment Trust’s FY2025 earnings at $4.44 EPS.

Other equities analysts have also recently issued reports about the stock. Scotiabank raised shares of Boardwalk Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 1st. Raymond James lowered Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “moderate buy” rating in a research report 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 Dividend Announcement

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

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.