FY2025 EPS Estimates for Capreit (TSE:CAR) Reduced by Analyst

Capreit (TSE:CAR) – Research analysts at National Bank Financial lowered their FY2025 earnings per share estimates for Capreit in a note issued to investors on Tuesday, October 8th. National Bank Financial analyst M. Kornack now forecasts that the company will post earnings per share of $2.69 for the year, down from their prior estimate of $2.74.

Capreit (TSE:CAR) last issued its quarterly earnings results on Wednesday, August 7th. The company reported C$0.66 earnings per share for the quarter, topping the consensus estimate of C$0.64 by C$0.02. The business had revenue of C$278.13 million for the quarter.

Separately, Ventum Cap Mkts upgraded shares of Capreit to a “hold” rating in a research note on Monday, July 15th.

Capreit Price Performance

Capreit has a 12-month low of C$20.71 and a 12-month high of C$50.88.

Capreit Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.125 per share. This represents a $1.50 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Monday, September 30th.

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.