Desjardins Issues Pessimistic Estimate for Capreit Earnings

Capreit (TSE:CAR) – Investment analysts at Desjardins cut their FY2026 earnings per share estimates for shares of Capreit in a research note issued on Sunday, November 9th. Desjardins analyst K. Stanley now expects that the company will post earnings of $2.61 per share for the year, down from their previous forecast of $2.65. Desjardins also issued estimates for Capreit’s FY2027 earnings at $2.74 EPS.

A number of other equities research analysts also recently weighed in on the stock. Scotiabank downgraded shares of Capreit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 14th. Canaccord Genuity Group lowered shares of Capreit from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 1st. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Capreit Price Performance

Capreit has a 52-week low of C$20.71 and a 52-week high of C$50.88.

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.