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November 21, 2024
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Real Estate

Edgefront Real Estate Investment Trust (TSE:NXR) Forecasted to Post Q3 2024 Earnings of $0.19 Per Share



Edgefront Real Estate Investment Trust (TSE:NXRFree Report) – Equities researchers at Desjardins reduced their Q3 2024 earnings per share (EPS) estimates for Edgefront Real Estate Investment Trust in a research note issued on Thursday, August 15th. Desjardins analyst K. Stanley now anticipates that the company will post earnings of $0.19 per share for the quarter, down from their prior estimate of $0.20. Desjardins also issued estimates for Edgefront Real Estate Investment Trust’s FY2024 earnings at $0.72 EPS and FY2026 earnings at $0.92 EPS.

NXR has been the subject of several other research reports. National Bank Financial upgraded shares of Edgefront Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 17th. Ventum Cap Mkts raised shares of Edgefront Real Estate Investment Trust to a “strong-buy” rating in a research note on Monday, July 29th.

View Our Latest Research Report on NXR

Edgefront Real Estate Investment Trust Price Performance

Edgefront Real Estate Investment Trust Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, August 15th. Stockholders of record on Wednesday, July 31st were paid a dividend of $0.053 per share. This represents a $0.64 annualized dividend and a dividend yield of ∞. The ex-dividend date was Wednesday, July 31st.

About Edgefront Real Estate Investment Trust

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Nuveen Select Tax-Free Income Portfolio 3 Fund’s primary objective is current income exempt from regular federal income tax, consistent with preservation of capital.

The Fund invests in municipal securities that are exempt from federal income taxes. The Fund invests at least 80% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality.

See Also

Earnings History and Estimates for Edgefront Real Estate Investment Trust (TSE:NXR)



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