Primaris Real Estate Investment Trust (TSE:PMZ) Given Consensus Rating of “Buy” by Analysts

Primaris Real Estate Investment Trust (TSE:PMZ) has received an average rating of “Buy” from the five research firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and three have given a strong buy recommendation to the company.

A number of equities analysts recently weighed in on PMZ shares. Royal Bank of Canada upgraded shares of Primaris Real Estate Investment Trust to a “moderate buy” rating in a report on Monday, December 2nd. National Bank Financial upgraded shares of Primaris Real Estate Investment Trust to a “hold” rating in a report on Wednesday, October 9th.

Primaris Real Estate Investment Trust Stock Performance

Primaris Real Estate Investment Trust (TSE:PMZ) last released its earnings results on Thursday, October 31st. The company reported C($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.41 by C($0.70).

Primaris Real Estate Investment Trust Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were paid a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date was Friday, November 29th.