FY2024 Earnings Forecast for Capreit Issued By Cormark

Capreit (TSE:CAR) – Research analysts at Cormark lowered their FY2024 earnings per share (EPS) estimates for Capreit in a research note issued to investors on Monday, November 18th. Cormark analyst S. Srinivas now expects that the company will earn $2.52 per share for the year, down from their prior forecast of $2.59. Cormark also issued estimates for Capreit’s Q4 2024 earnings at $0.61 EPS, Q2 2025 earnings at $0.65 EPS, Q3 2025 earnings at $0.64 EPS, Q4 2025 earnings at $0.63 EPS, Q1 2026 earnings at $0.61 EPS, Q2 2026 earnings at $0.67 EPS and Q3 2026 earnings at $0.66 EPS.

Capreit Price Performance

Capreit has a 1-year low of C$20.71 and a 1-year high of C$50.88.

Capreit Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $1.50 annualized dividend and a yield of ∞.

Capreit Company Profile

Avis Budget Group, Inc, together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 465 dealer-operated and 385 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network.