Desjardins Analysts Boost Earnings Estimates for First Capital Realty Inc. (TSE:FCR)

Posted by Thomas Dobrow on May 7th, 2024

First Capital Realty Inc. (TSE:FCR – Free Report) – Investment analysts at Desjardins raised their FY2024 earnings estimates for First Capital Realty in a research note issued to investors on Wednesday, May 1st. Desjardins analyst L. Kalmar now expects that the company will post earnings per share of $1.33 for the year, up from their prior estimate of $1.21. Desjardins also issued estimates for First Capital Realty’s FY2025 earnings at $1.27 EPS.

First Capital Realty Stock Performance

First Capital Realty has a 52-week low of C$18.60 and a 52-week high of C$22.79. The business has a 50-day moving average price of C$20.86.

First Capital Realty (TSE:FCR – Get Free Report) last released its quarterly earnings data on Tuesday, February 6th. The company reported C$0.81 earnings per share for the quarter, topping the consensus estimate of C$0.31 by C$0.50. The company had revenue of C$171.18 million for the quarter.

First Capital Realty Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be issued a dividend of $0.072 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a $0.86 annualized dividend and a yield of ∞.