Desjardins Has Pessimistic Outlook of TSE:AP FY2026 Earnings

Allied Properties Real Estate Investment Trust (TSE:AP) – Equities researchers at Desjardins lowered their FY2026 earnings estimates for shares of Allied Properties Real Estate Investment Trust in a report issued on Thursday, October 31st. Desjardins analyst L. Kalmar now forecasts that the company will earn $2.06 per share for the year, down from their prior forecast of $2.08.

Separately, National Bank Financial downgraded shares of Allied Properties Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 17th.

Allied Properties Real Estate Investment Trust Stock Performance

Allied Properties Real Estate Investment Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $1.80 dividend on an annualized basis and a dividend yield of ∞.

About Allied Properties Real Estate Investment Trust

Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industry.