Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Issues Earnings Results

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) released its quarterly earnings results on Thursday. The financial services provider reported $0.79 EPS for the quarter, Zacks reports. Boardwalk Real Estate Investment Trust had a net margin of 117.99% and a return on equity of 15.06%.

Boardwalk Real Estate Investment Trust Price Performance

OTCMKTS:BOWFF traded down $0.78 during trading hours on Thursday, hitting $44.71. 26,585 shares of the stock were exchanged, compared to its average volume of 7,580. The firm’s fifty day moving average price is $44.31 and its 200 day moving average price is $52.92. Boardwalk Real Estate Investment Trust has a 52-week low of $41.49 and a 52-week high of $71.39. The company has a market cap of $2.19 billion, a P/E ratio of 4.52 and a beta of 1.53. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.56.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets lowered shares of Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk REIT strives to be Canada’s friendliest community provider and is a leading owner/operator of multi-family rental communities. Providing homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives.