Desjardins Has Pessimistic Outlook of Capreit Q4 Earnings

Capreit (TSE:CAR) – Stock analysts at Desjardins reduced their Q4 2024 earnings per share estimates for Capreit in a report issued on Monday, November 11th. Desjardins analyst K. Stanley now expects that the company will earn $0.62 per share for the quarter, down from their previous estimate of $0.65. Desjardins also issued estimates for Capreit’s FY2025 earnings at $2.57 EPS and FY2026 earnings at $2.74 EPS.

Capreit Price Performance

Capreit has a twelve month low of C$20.71 and a twelve month high of C$50.88.

Capreit Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a $0.125 dividend. This represents a $1.50 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend is Thursday, October 31st.

About Capreit

Avis Budget Group, Inc, together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 465 dealer-operated and 385 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network.