RioCan Real Estate Investment Trust to Post Q3 2024 Earnings of $0.43 Per Share, National Bank Financial Forecasts (TSE:REI)

RioCan Real Estate Investment Trust (TSE:REI) – National Bank Financial issued their Q3 2024 EPS estimates for RioCan Real Estate Investment Trust in a research note issued on Tuesday, October 8th. National Bank Financial analyst M. Kornack forecasts that the company will post earnings per share of $0.43 for the quarter. National Bank Financial also issued estimates for RioCan Real Estate Investment Trust’s FY2025 earnings at $1.75 EPS.

RioCan Real Estate Investment Trust (TSE:REI) last announced its quarterly earnings data on Thursday, August 8th. The company reported C$0.41 EPS for the quarter, missing analysts’ consensus estimates of C$0.42 by C($0.01). The business had revenue of C$292.20 million during the quarter.

RioCan Real Estate Investment Trust Stock Performance

RioCan Real Estate Investment Trust has a 12 month low of C$10.88 and a 12 month high of C$17.17.

RioCan Real Estate Investment Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 7th. Stockholders of record on Monday, September 30th were paid a $0.093 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend was Friday, September 27th.

About RioCan Real Estate Investment Trust

Ring Energy, Inc, an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2021, the company’s proved reserves consisted of approximately 77.8 million barrel of oil equivalent. It also had interests in 18,882 net developed acres and 1,406 net undeveloped acres in Andrews and Gaines counties, Texas; 18,437 net developed acres in Culberson and Reeves counties, Texas; and 13,662 net developed acres and 11,993 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico.