RioCan Real Estate Investment Trust (TSE:REI – Free Report) – Investment analysts at National Bank Financial cut their FY2024 earnings per share estimates for RioCan Real Estate Investment Trust in a research note issued on Monday, May 13th. National Bank Financial analyst M. Kornack now anticipates that the company will earn $1.67 per share for the year, down from their previous estimate of $1.69.
RioCan Real Estate Investment Trust (TSE:REI – Get Free Report) last posted its quarterly earnings results on Tuesday, February 13th. The company reported C($0.39) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.44 by C($0.83). The business had revenue of C$296.91 million during the quarter.
Separately, Scotiabank downgraded RioCan Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research report on Tuesday.
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RioCan Real Estate Investment Trust Stock Performance
RioCan Real Estate Investment Trust has a 1 year low of C$10.88 and a 1 year high of C$17.17.
RioCan Real Estate Investment Trust Dividend Announcement
The firm also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Tuesday, April 30th were issued a $0.093 dividend. This represents a $1.12 dividend on an annualized basis and a yield of ∞. The ex-dividend date was Monday, April 29th.
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