FY2024 EPS Estimates for TSE:SGR Increased by Raymond James

Slate Retail REIT (TSE:SGR) – Stock analysts at Raymond James increased their FY2024 earnings per share (EPS) estimates for Slate Retail REIT in a note issued to investors on Wednesday, November 6th. Raymond James analyst B. Sturges now forecasts that the company will post earnings of $1.55 per share for the year, up from their prior forecast of $1.52. Raymond James also issued estimates for Slate Retail REIT’s Q4 2024 earnings at $0.39 EPS, Q1 2025 earnings at $0.37 EPS, Q4 2025 earnings at $0.39 EPS, FY2025 earnings at $1.55 EPS, Q2 2026 earnings at $0.41 EPS and FY2026 earnings at $1.63 EPS.

Slate Retail REIT (TSE:SGR) last released its quarterly earnings data on Wednesday, August 7th. The company reported C$0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.38 by C($0.06). The company had revenue of C$70.90 million for the quarter.

Slate Retail REIT Price Performance

Slate Retail REIT Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a $0.097 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Thursday, October 31st.