Brokers Issue Forecasts for CT Real Estate Investment’s FY2024 Earnings (TSE:CRT)

CT Real Estate Investment (TSE:CRT) – Investment analysts at Desjardins decreased their FY2024 earnings per share estimates for CT Real Estate Investment in a report issued on Tuesday, May 7th. Desjardins analyst L. Kalmar now forecasts that the company will earn $1.34 per share for the year, down from their previous estimate of $1.36.

CT Real Estate Investment Stock Performance

CT Real Estate Investment (TSE:CRT) last announced its earnings results on Tuesday, February 13th. The company reported C$0.16 EPS for the quarter, missing the consensus estimate of C$0.33 by C($0.17). The firm had revenue of C$139.97 million during the quarter.

CT Real Estate Investment Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be issued a $0.077 dividend. This is a boost from CT Real Estate Investment’s previous monthly dividend of $0.08. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.92 annualized dividend and a yield of ∞.