Analysts Offer Predictions for Cominar REIT’s Q3 2018 Earnings (CUF)

Cominar REIT (TSE:CUF) – Research analysts at Desjardins dropped their Q3 2018 earnings per share estimates for shares of Cominar REIT in a report issued on Sunday, August 12th. Desjardins analyst M. Markidis now forecasts that the company will earn $0.30 per share for the quarter, down from their previous estimate of $0.31. Desjardins currently has a “Hold” rating on the stock. Desjardins also issued estimates for Cominar REIT’s Q4 2018 earnings at $0.31 EPS and FY2018 earnings at $1.18 EPS.

CUF opened at C$13.14 on Tuesday. Cominar REIT has a 1-year low of C$11.84 and a 1-year high of C$14.95.

Cominar REIT (TSE:CUF) last released its earnings results on Thursday, August 9th. The company reported C$0.25 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.29 by C($0.04). Cominar REIT had a return on equity of 6.68% and a net margin of 31.34%. The business had revenue of C$177.05 million during the quarter.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, August 15th. Shareholders of record on Tuesday, July 31st will be paid a $0.06 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 5.48%. The ex-dividend date is Monday, July 30th.

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.

Featured Article: Dividend

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

Receive News & Ratings for Cominar REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cominar REIT and related companies with's FREE daily email newsletter.

Leave a Reply