Raymond James Raises Earnings Estimates for Minto Apartment

Minto Apartment (TSE:MI) – Research analysts at Raymond James boosted their FY2024 earnings estimates for Minto Apartment in a research report issued to clients and investors on Wednesday, November 13th. Raymond James analyst B. Sturges now anticipates that the company will earn $0.98 per share for the year, up from their previous estimate of $0.97. Raymond James also issued estimates for Minto Apartment’s Q1 2025 earnings at $0.25 EPS, FY2025 earnings at $1.06 EPS and Q3 2026 earnings at $0.30 EPS.

Minto Apartment (TSE:MI) last posted its quarterly earnings results on Tuesday, August 13th. The company reported C$0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.23 by C$0.27. The company had revenue of C$38.89 million during the quarter.

Minto Apartment Price Performance

Minto Apartment Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a dividend of $0.042 per share. This represents a $0.50 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend was Thursday, October 31st.

Minto Apartment Company Profile

Takung Art Co, Ltd., through its subsidiaries, operates an electronic online platform for artists, art dealers, and art investors to offer and trade in artwork in the form of non-fungible token (NFT) primarily in the People’s Republic of China. The company’s electronic online platform www.nftoeo.com offers online listing and trading services that allow artists/art dealers/owners to access art trading market where they can engage with a range of investors, as well as invests in artwork.