FY2018 Earnings Estimate for Timbercreek Financial Corp (TF) Issued By Raymond James Financial
Timbercreek Financial Corp (TSE:TF) – Analysts at Raymond James Financial raised their FY2018 earnings estimates for shares of Timbercreek Financial Corp in a research report issued to clients and investors on Thursday. Raymond James Financial analyst J. Rodrigues now forecasts that the company will post earnings of $0.76 per share for the year, up from their previous estimate of $0.75.
Separately, National Bank Financial raised their price target on Timbercreek Financial Corp from C$10.00 to C$10.25 and gave the company an “outperform” rating in a report on Thursday, November 9th.
Timbercreek Financial Corp (TF) traded up C$0.04 during midday trading on Monday, reaching C$9.57. The company had a trading volume of 77,322 shares, compared to its average volume of 76,898. Timbercreek Financial Corp has a 12 month low of C$8.18 and a 12 month high of C$9.75.
The business also recently declared a monthly dividend, which will be paid on Wednesday, November 15th. Investors of record on Wednesday, November 15th will be given a $0.057 dividend. The ex-dividend date of this dividend is Monday, October 30th. This represents a $0.68 annualized dividend and a yield of 7.15%.
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