Research Analysts Offer Predictions for Edgefront Real Estate Investment Trust’s Q3 2024 Earnings (TSE:NXR)

Edgefront Real Estate Investment Trust (TSE:NXR) – Stock analysts at National Bank Financial issued their Q3 2024 earnings estimates for shares of Edgefront Real Estate Investment Trust in a research report issued to clients and investors on Tuesday, October 8th. National Bank Financial analyst M. Kornack forecasts that the company will post earnings of $0.18 per share for the quarter. National Bank Financial has a “Strong-Buy” rating on the stock. National Bank Financial also issued estimates for Edgefront Real Estate Investment Trust’s FY2025 earnings at $0.81 EPS.

Edgefront Real Estate Investment Trust (TSE:NXR) last posted its quarterly earnings data on Wednesday, August 14th. The company reported C$0.46 EPS for the quarter, beating analysts’ consensus estimates of C$0.18 by C$0.28. The firm had revenue of C$43.91 million for the quarter.

Separately, Ventum Cap Mkts upgraded shares of Edgefront Real Estate Investment Trust to a “strong-buy” rating in a research report on Monday, July 29th.

Edgefront Real Estate Investment Trust Price Performance

Edgefront Real Estate Investment Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a dividend of $0.053 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.64 annualized dividend and a dividend yield of ∞.

About Edgefront Real Estate Investment Trust

Nuveen Select Tax-Free Income Portfolio 3 Fund’s primary objective is current income exempt from regular federal income tax, consistent with preservation of capital.

The Fund invests in municipal securities that are exempt from federal income taxes. The Fund invests at least 80% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality.