FY2018 EPS Estimates for Choice Properties REIT (CHP) Reduced by Analyst
Choice Properties REIT (TSE:CHP) – Desjardins lowered their FY2018 earnings estimates for shares of Choice Properties REIT in a note issued to investors on Wednesday, November 14th. Desjardins analyst M. Markidis now anticipates that the company will post earnings per share of $1.03 for the year, down from their previous estimate of $1.05. Desjardins also issued estimates for Choice Properties REIT’s FY2019 earnings at $1.03 EPS.
CHP stock opened at C$11.80 on Friday. Choice Properties REIT has a 12-month low of C$11.59 and a 12-month high of C$14.26.
The company also recently disclosed a monthly dividend, which will be paid on Monday, December 17th. Investors of record on Friday, November 30th will be issued a $0.062 dividend. This represents a $0.74 annualized dividend and a yield of 6.31%. The ex-dividend date of this dividend is Thursday, November 29th.
Choice Properties REIT Company Profile
Choice Properties Real Estate Investment Trust (the Trust) is an unincorporated, open-ended real estate investment trust. The Trust is the owner, manager and developer of retail and other commercial properties across Canada. Its portfolio comprises over 530 properties with a total gross leasable area (GLA) of approximately 44 million square feet.
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