Bridgemarq Real Estate Services (TSE:BRE) Reaches New 12-Month Low – What’s Next?

Bridgemarq Real Estate Services Inc. (TSE:BREGet Free Report)’s share price hit a new 52-week low on Monday . The stock traded as low as C$3.69 and last traded at C$3.70, with a volume of 31128 shares. The stock had previously closed at C$3.88.

Analysts Set New Price Targets

Separately, ATB Cormark Capital Markets upgraded shares of Bridgemarq Real Estate Services from a “market perform” rating to a “moderate buy” rating and decreased their target price for the stock from C$12.50 to C$11.25 in a research report on Monday, July 20th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of C$11.25.

Check Out Our Latest Research Report on Bridgemarq Real Estate Services

Bridgemarq Real Estate Services Price Performance

The company has a fifty day simple moving average of C$8.81 and a two-hundred day simple moving average of C$12.04. The stock has a market capitalization of C$36.51 million, a price-to-earnings ratio of 15.40 and a beta of 0.87. The company has a debt-to-equity ratio of -82.27, a quick ratio of 3.06 and a current ratio of 0.25.

Bridgemarq Real Estate Services (TSE:BREGet Free Report) last released its earnings results on Thursday, August 13th. The company reported C$0.06 earnings per share (EPS) for the quarter. Bridgemarq Real Estate Services had a negative return on equity of 2.50% and a net margin of 0.59%.The company had revenue of C$97.47 million for the quarter.

Bridgemarq Real Estate Services Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.1125 per share. This represents a c) dividend on an annualized basis and a yield of 35.1%. The ex-dividend date was Friday, May 29th. Bridgemarq Real Estate Services’s dividend payout ratio is presently 540.00%.

Bridgemarq Real Estate Services Company Profile

(Get Free Report)

Bridgemarq Real Estate Services Inc is a Canada-based real estate services company. Its segment includes providing information and services to real estate agents and brokers in Canada through a portfolio of real estate services brands. It supplies realtors with information, tools, and services to assist them in providing and delivery of real estate sales services. The company’s brands include Royal LePage and Via Capitale and Johnston and Daniel.

Further Reading

Receive News & Ratings for Bridgemarq Real Estate Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bridgemarq Real Estate Services and related companies with MarketBeat.com's FREE daily email newsletter.