Raymond James Financial Equities Analysts Boost Earnings Estimates for Killam Apartment REIT (KMP)
Killam Apartment REIT (TSE:KMP) – Equities researchers at Raymond James Financial raised their Q2 2018 earnings estimates for shares of Killam Apartment REIT in a research report issued to clients and investors on Wednesday. Raymond James Financial analyst K. Avalos now anticipates that the company will earn $0.24 per share for the quarter, up from their previous forecast of $0.23.
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Separately, Desjardins restated a “buy” rating on shares of Killam Apartment REIT in a report on Monday, November 6th.
Killam Apartment REIT (TSE KMP) traded down C$0.02 during mid-day trading on Monday, reaching C$13.72. The company had a trading volume of 51,899 shares, compared to its average volume of 125,944. Killam Apartment REIT has a 12 month low of C$11.57 and a 12 month high of C$14.10.
About Killam Apartment REIT
Killam Apartment Real Estate Investment Trust (REIT) is a Canada-based real estate investment trust. The Trust is engaged in owning, operating, managing and developing multi-family residential and manufactured home community (MHC) properties. Its segments include Apartment, MHC and Other. The Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada and it includes building improvements; suite renovations; appliances; boilers and heating equipment; other; equipment; parking lots, and land improvements.
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