National Bank Financial Analysts Reduce Earnings Estimates for First Capital Realty Inc (TSE:FCR)
First Capital Realty Inc (TSE:FCR) – National Bank Financial dropped their FY2018 earnings estimates for First Capital Realty in a research note issued to investors on Thursday. National Bank Financial analyst M. Kornack now anticipates that the company will post earnings of $1.19 per share for the year, down from their prior estimate of $1.20.
Separately, Scotiabank set a C$22.00 target price on First Capital Realty and gave the stock a “sector perform” rating in a report on Tuesday, May 16th.
Shares of First Capital Realty (FCR) traded down 0.80% on Monday, hitting $19.80. The company’s stock had a trading volume of 282,338 shares. The stock’s 50-day moving average price is $20.26 and its 200-day moving average price is $20.34. The firm has a market cap of $4.83 billion and a price-to-earnings ratio of 9.34. First Capital Realty has a 52 week low of $19.19 and a 52 week high of $22.93.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 11th. Investors of record on Thursday, September 28th will be given a dividend of $0.215 per share. The ex-dividend date is Wednesday, September 27th. This represents a $0.86 annualized dividend and a dividend yield of 4.31%.
In other First Capital Realty news, Director Dori Segal acquired 1,700 shares of the company’s stock in a transaction that occurred on Friday, May 12th. The stock was acquired at an average cost of C$19.92 per share, for a total transaction of C$33,864.00. Also, insider Carmine Francella acquired 1,855 shares of the company’s stock in a transaction that occurred on Thursday, May 18th. The shares were acquired at an average price of C$19.65 per share, with a total value of C$36,450.75.
About First Capital Realty
First Capital Realty Inc acquires, develops, redevelops, owns, and manages urban retail-centered real estate properties. The companys property portfolio comprises grocery stores, pharmacies, liquor stores, banks, restaurants, cafes, fitness centres, medical, childcare facilities, and other professional and personal services.
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