Edgefront Real Estate Investment Trust (NXR) Scheduled to Post Earnings on Tuesday

Edgefront Real Estate Investment Trust (TSE:NXR) is scheduled to announce its earnings results before the market opens on Tuesday, November 12th. Analysts expect the company to announce earnings of C$0.18 per share for the quarter.

Edgefront Real Estate Investment Trust (TSE:NXR) last issued its earnings results on Wednesday, August 14th. The company reported C$0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.18 by C$0.28. The firm had revenue of C$43.91 million during the quarter.

Edgefront Real Estate Investment Trust Stock Performance

Edgefront Real Estate Investment Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be issued a dividend of $0.053 per share. This represents a $0.64 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend is Thursday, October 31st.

Analyst Ratings Changes

NXR has been the subject of several analyst reports. National Bank Financial upgraded shares of Edgefront Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 17th. Ventum Cap Mkts raised Edgefront Real Estate Investment Trust to a “strong-buy” rating in a research note on Monday, July 29th.

About Edgefront Real Estate Investment Trust

Nuveen Select Tax-Free Income Portfolio 3 Fund’s primary objective is current income exempt from regular federal income tax, consistent with preservation of capital.

The Fund invests in municipal securities that are exempt from federal income taxes. The Fund invests at least 80% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality.