Capreit (TSE:CAR) Upgraded to Outperfrom Under Weight by National Bank Financial

National Bank Financial upgraded shares of Capreit (TSE:CAR) from a sector perform under weight rating to an outperfrom under weight rating in a research report report published on Thursday morning.

Capreit has a 12 month low of C$20.71 and a 12 month high of C$50.88.

Capreit (TSE:CAR) last issued its earnings results on Tuesday, May 14th. The company reported C$1.35 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.49 by C$0.86. The firm had revenue of C$181.51 million during the quarter.

The business also recently disclosed a monthly dividend, which was paid on Thursday, August 15th. Stockholders of record on Wednesday, July 31st were given a dividend of $0.115 per share. This represents a $1.38 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend was Tuesday, July 30th.

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