Brokers Offer Predictions for Minto Apartment’s FY2021 Earnings (TSE:MI)

Minto Apartment (TSE:MI) – Stock analysts at National Bank Financial reduced their FY2021 earnings per share (EPS) estimates for Minto Apartment in a research report issued on Sunday, October 25th. National Bank Financial analyst M. Kornack now forecasts that the company will earn $0.92 per share for the year, down from their previous forecast of $0.94. National Bank Financial has a “Sector Perform Under Weight” rating on the stock.

Separately, Desjardins restated a “buy” rating on shares of Minto Apartment in a report on Thursday, August 13th.

Minto Apartment (TSE:MI) last posted its earnings results on Tuesday, August 11th. The company reported C$0.20 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.22 by C($0.02). The business had revenue of C$31.32 million during the quarter.

The business also recently announced a monthly dividend, which will be paid on Monday, November 16th. Investors of record on Saturday, October 31st will be given a $0.038 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Thursday, October 29th.

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Earnings History and Estimates for Minto Apartment (TSE:MI)

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