First Capital Realty (TSE:FCR) Raised to Strong-Buy at Canaccord Genuity Group

Canaccord Genuity Group upgraded shares of First Capital Realty (TSE:FCR) to a strong-buy rating in a report published on Monday morning, Zacks.com reports.

First Capital Realty Stock Performance

The business’s 50-day moving average is C$20.86. First Capital Realty has a 1 year low of C$18.60 and a 1 year high of C$22.79.

First Capital Realty (TSE:FCR) last announced its quarterly earnings results on Tuesday, July 30th. The company reported C$0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.23). The company had revenue of C$183.97 million for the quarter.

First Capital Realty Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be issued a dividend of $0.072 per share. The ex-dividend date is Friday, September 27th. This represents a $0.86 dividend on an annualized basis and a dividend yield of ∞.