Brokers Offer Predictions for Primaris Real Estate Investment Trust’s FY2024 Earnings (TSE:PMZ)

Primaris Real Estate Investment Trust (TSE:PMZ) – Equities research analysts at National Bank Financial issued their FY2024 earnings estimates for shares of Primaris Real Estate Investment Trust in a report released on Wednesday, October 9th. National Bank Financial analyst M. Kornack forecasts that the company will post earnings of $1.68 per share for the year. National Bank Financial has a “Hold” rating on the stock. National Bank Financial also issued estimates for Primaris Real Estate Investment Trust’s FY2025 earnings at $1.76 EPS.

PMZ has been the topic of a number of other research reports. TD Securities upgraded shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a research note on Thursday, September 5th. Canaccord Genuity Group upgraded shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a research note on Friday, September 27th. Finally, Cibc World Mkts upgraded shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a research report on Friday, August 2nd. Two equities research analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

Primaris Real Estate Investment Trust Stock Performance

Primaris Real Estate Investment Trust (TSE:PMZ) last released its quarterly earnings data on Wednesday, July 31st. The company reported C$0.40 earnings per share for the quarter, hitting the consensus estimate of C$0.40. The firm had revenue of C$120.01 million for the quarter.

Primaris Real Estate Investment Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be given a dividend of $0.07 per share. The ex-dividend date is Thursday, October 31st. This represents a $0.84 dividend on an annualized basis and a dividend yield of ∞.