Cormark Issues Negative Forecast for 98532 (KMP.TO) Earnings

98532 (KMP.TO) (TSE:KMP) – Stock analysts at Cormark cut their FY2024 EPS estimates for shares of 98532 (KMP.TO) in a research note issued to investors on Wednesday, November 13th. Cormark analyst S. Srinivas now anticipates that the company will earn $1.16 per share for the year, down from their prior estimate of $1.17. Cormark also issued estimates for 98532 (KMP.TO)’s Q4 2024 earnings at $0.28 EPS, Q3 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.30 EPS, Q1 2026 earnings at $0.27 EPS, Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.35 EPS and FY2026 earnings at $1.27 EPS.

Separately, Raymond James upgraded 98532 (KMP.TO) from a “moderate buy” rating to a “strong-buy” rating in a report on Thursday, September 5th.

98532 (KMP.TO) Price Performance

98532 has a 52 week low of C$12.04 and a 52 week high of C$14.76.

98532 (KMP.TO) Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be issued a dividend of $0.058 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Thursday, October 31st.

98532 (KMP.TO) Company Profile

Killam Apartment Real Estate Investment Trust (REIT) is a Canada-based real estate investment trust. The Trust is engaged in owning, operating, managing and developing multi-family residential and manufactured home community (MHC) properties. Its segments include Apartment, MHC and Other. The Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada and it includes building improvements; suite renovations; appliances; boilers and heating equipment; other; equipment; parking lots, and land improvements.