FY2017 Earnings Forecast for Issued By Desjardins (TSE:AP)

Allied Properties Real Estate Investment (TSE:AP) – Research analysts at Desjardins lifted their FY2017 EPS estimates for shares of Allied Properties Real Estate Investment in a report issued on Thursday. Desjardins analyst M. Markidis now forecasts that the company will earn $2.14 per share for the year, up from their prior estimate of $2.13. Desjardins has a “Buy” rating on the stock. Desjardins also issued estimates for Allied Properties Real Estate Investment’s Q4 2017 earnings at $0.54 EPS and FY2019 earnings at $2.32 EPS.

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Shares of Allied Properties Real Estate Investment (AP) opened at C$17.10 on Monday. Allied Properties Real Estate Investment has a 1-year low of C$10.30 and a 1-year high of C$18.59.

The business also recently announced a monthly dividend, which was paid on Monday, October 16th. Investors of record on Saturday, September 30th were issued a $0.127 dividend. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $1.52 annualized dividend and a yield of 8.91%.

Allied Properties Real Estate Investment Company Profile

Ampco-Pittsburgh Corporation is engaged in manufacturing and selling specialty metal products and customized equipment utilized by industry throughout the world. The Company operates through two segments: the Forged and Cast Engineered Products segment, and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment consists of Union Electric Steel Corporation (Union Electric Steel or UES) and Union Electric Steel UK Limited (UES-UK).

Earnings History and Estimates for Allied Properties Real Estate Investment (TSE:AP)

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