Timbercreek Financial Corp (TF) to Post FY2016 Earnings of $0.67 Per Share, National Bank Financial Forecasts
Timbercreek Financial Corp (TSE:TF) – National Bank Financial issued their FY2016 earnings per share estimates for Timbercreek Financial Corp in a research note issued on Tuesday. National Bank Financial analyst J. Gloyn expects that the firm will post earnings of $0.67 per share for the year. National Bank Financial currently has a “Outperform Market Weight” rating and a $9.00 target price on the stock. National Bank Financial also issued estimates for Timbercreek Financial Corp’s Q4 2016 earnings at $0.18 EPS, Q1 2017 earnings at $0.17 EPS, Q2 2017 earnings at $0.18 EPS, Q3 2017 earnings at $0.19 EPS, FY2017 earnings at $0.73 EPS and FY2018 earnings at $0.75 EPS.
Separately, TD Securities reiterated a “buy” rating and set a C$9.00 price target on shares of Timbercreek Financial Corp in a report on Friday, November 11th.
Timbercreek Financial Corp (TSE:TF) opened at 8.58 on Friday. The firm’s 50-day moving average is $8.19 and its 200 day moving average is $8.21. The company has a market capitalization of $633.70 million and a PE ratio of 10.59. Timbercreek Financial Corp has a one year low of $7.86 and a one year high of $8.73.
The business also recently declared a monthly dividend, which was paid on Tuesday, November 15th. Stockholders of record on Tuesday, November 15th were issued a dividend of $0.057 per share. The ex-dividend date of this dividend was Thursday, October 27th. This represents a $0.68 annualized dividend and a dividend yield of 7.97%.
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