Raymond James Has Negative Forecast for Capreit Q2 Earnings

Capreit (TSE:CAR) – Research analysts at Raymond James lowered their Q2 2025 earnings estimates for shares of Capreit in a report released on Wednesday, October 23rd. Raymond James analyst B. Sturges now anticipates that the company will post earnings of $0.67 per share for the quarter, down from their prior estimate of $0.69.

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

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

Capreit Stock Performance

Capreit has a 1 year low of C$20.71 and a 1 year high of C$50.88.

Capreit Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a $0.125 dividend. This represents a $1.50 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Thursday, October 31st.

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.