Cormark Issues Negative Forecast for Capreit Earnings

Capreit (TSE:CAR) – Equities research analysts at Cormark cut their Q1 2025 earnings estimates for Capreit in a note issued to investors on Monday, November 18th. Cormark analyst S. Srinivas now anticipates that the company will post earnings of $0.61 per share for the quarter, down from their prior forecast of $0.69. Cormark also issued estimates for Capreit’s FY2025 earnings at $2.54 EPS and FY2026 earnings at $2.58 EPS.

Capreit Stock Performance

Capreit has a 12 month low of C$20.71 and a 12 month high of C$50.88.

Capreit Dividend Announcement

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

About Capreit

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.