Boardwalk Real Estate Investment Trust (TSE:BEI.UN – Get Free Report) declared a monthly dividend on Friday, May 29th, TickerTech Dividends reports. Investors of record on Monday, June 15th will be given a dividend of 0.15 per share by the real estate investment trust on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, May 29th.
Boardwalk Real Estate Investment Trust Trading Down 0.3%
TSE BEI.UN opened at C$64.70 on Wednesday. The company has a quick ratio of 0.04, a current ratio of 0.23 and a debt-to-equity ratio of 77.35. The firm has a market cap of C$3.37 billion, a PE ratio of 71.10, a price-to-earnings-growth ratio of 1.24 and a beta of 0.40. The company has a 50 day moving average price of C$65.03 and a 200 day moving average price of C$65.40. Boardwalk Real Estate Investment Trust has a 52 week low of C$60.75 and a 52 week high of C$75.37.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on BEI.UN. Royal Bank Of Canada cut their price target on shares of Boardwalk Real Estate Investment Trust from C$82.00 to C$81.00 and set an “outperform” rating on the stock in a research note on Thursday, May 7th. Scotiabank cut their price target on shares of Boardwalk Real Estate Investment Trust from C$78.00 to C$75.50 and set a “sector perform” rating on the stock in a research note on Monday, February 23rd. BMO Capital Markets cut their price target on shares of Boardwalk Real Estate Investment Trust from C$77.00 to C$76.00 and set a “market perform” rating on the stock in a research note on Monday, February 23rd. Desjardins cut their price target on shares of Boardwalk Real Estate Investment Trust from C$78.00 to C$77.00 and set a “buy” rating on the stock in a research note on Thursday, May 7th. Finally, National Bank Financial cut their price target on shares of Boardwalk Real Estate Investment Trust from C$81.00 to C$80.00 and set an “outperform” rating on the stock in a research note on Monday, April 20th. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$79.50.
Boardwalk Real Estate Investment Trust Company Profile
Boardwalk Real Estate Investment Trust, or Boardwalk REIT, is a real estate investment trust engaged in the acquisition, development, and management of residential multifamily communities throughout Canada. Although the company’s cumulative residential property portfolio includes holdings in the provinces of Alberta, Saskatchewan, Ontario, and Quebec, the majority of its total units are located in Alberta. The submarkets around the cities of Calgary and Edmonton, specifically, account for the majority of Boardwalk REIT’s total residential suites.
Featured Articles
- Five stocks we like better than Boardwalk Real Estate Investment Trust
- Modine’s $4B AI Coup Freezes Out the Competition
- What Investors Need to Know About TSMC’s Hefty 17% Dividend Increase
- The SpaceX IPO Frenzy Is Creating 2 Very Different Bets
- AI Can’t Reach the Real World Without These 3 Stocks
Receive News & Ratings for Boardwalk Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boardwalk Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.
