Q1 2024 Earnings Forecast for Boardwalk Real Estate Investment Trust Issued By National Bank Financial (TSE:BEI)

Boardwalk Real Estate Investment Trust (TSE:BEI) – Research analysts at National Bank Financial issued their Q1 2024 earnings per share (EPS) estimates for Boardwalk Real Estate Investment Trust in a report issued on Tuesday, April 23rd. National Bank Financial analyst M. Kornack anticipates that the company will post earnings of $0.93 per share for the quarter.

Boardwalk Real Estate Investment Trust (TSE:BEI) last announced its quarterly earnings results on Thursday, February 22nd. The company reported C$3.75 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.92 by C$2.83. The company had revenue of C$143.13 million during the quarter.

Boardwalk Real Estate Investment Trust Stock Performance

Boardwalk Real Estate Investment Trust has a 12-month low of C$37.96 and a 12-month high of C$49.75.

Boardwalk Real Estate Investment Trust Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 29th were given a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.44 dividend on an annualized basis and a dividend yield of ∞. This is a boost from Boardwalk Real Estate Investment Trust’s previous monthly dividend of $0.10.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada. The Trust owns over 200 properties containing approximately 33,770 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.