Raymond James Has Pessimistic Outlook of TSE:BEI Q1 Earnings

Boardwalk Real Estate Investment Trust (TSE:BEI) – Investment analysts at Raymond James lowered their Q1 2025 earnings per share estimates for Boardwalk Real Estate Investment Trust in a research report issued to clients and investors on Monday, January 13th. Raymond James analyst B. Sturges now forecasts that the company will post earnings of $1.00 per share for the quarter, down from their previous forecast of $1.03. Raymond James also issued estimates for Boardwalk Real Estate Investment Trust’s Q2 2025 earnings at $1.10 EPS, Q4 2025 earnings at $1.12 EPS, FY2025 earnings at $4.38 EPS, Q2 2026 earnings at $1.20 EPS, Q3 2026 earnings at $1.26 EPS, Q4 2026 earnings at $1.21 EPS and FY2026 earnings at $4.74 EPS.

Separately, BMO Capital Markets lowered Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 18th.

Boardwalk Real Estate Investment Trust Stock Performance

Boardwalk Real Estate Investment Trust has a one year low of C$37.96 and a one year high of C$49.75.

About Boardwalk Real Estate Investment Trust

Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada. The Trust owns over 200 properties containing approximately 33,770 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.