Desjardins Weighs in on Cominar REIT’s FY2017 Earnings (CUF)

Cominar REIT (TSE:CUF) – Equities research analysts at Desjardins lowered their FY2017 EPS estimates for Cominar REIT in a report released on Sunday. Desjardins analyst M. Markidis now anticipates that the company will earn $1.41 per share for the year, down from their previous forecast of $1.43. Desjardins also issued estimates for Cominar REIT’s Q4 2017 earnings at $0.37 EPS, FY2018 earnings at $1.35 EPS and FY2019 earnings at $1.37 EPS.

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Shares of Cominar REIT (TSE CUF) opened at C$14.04 on Tuesday. Cominar REIT has a fifty-two week low of C$11.84 and a fifty-two week high of C$15.09.

The company also recently declared a monthly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were issued a dividend of $0.095 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 8.12%. The ex-dividend date of this dividend was Thursday, September 28th.

Cominar REIT Company Profile

Cominar REIT is a Canada-based real estate investment trust (REIT). The Company is a commercial property owner and manager in the province of Quebec. Its segments include Office, Retail, and Industrial and mixed-use. Its activities include a portfolio of three property types, including office properties, retail properties, and industrial and mixed-use properties located in Canadian provinces.

Earnings History and Estimates for Cominar REIT (TSE:CUF)

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