Bridgemarq Real Estate Services (TSE:BRE) Upgraded at ATB Cormark Capital Markets

ATB Cormark Capital Markets upgraded shares of Bridgemarq Real Estate Services (TSE:BREFree Report) from a market perform rating to a moderate buy rating in a research report report published on Monday, MarketBeat.com reports. ATB Cormark Capital Markets currently has C$11.25 price target on the stock, down from their prior price target of C$12.50.

Bridgemarq Real Estate Services Stock Down 4.2%

BRE stock opened at C$5.21 on Monday. The stock’s 50 day simple moving average is C$12.68 and its 200 day simple moving average is C$13.47. The company has a market cap of C$49.41 million, a P/E ratio of -26.05 and a beta of 0.94. The company has a debt-to-equity ratio of -105.56, a quick ratio of 3.06 and a current ratio of 0.16. Bridgemarq Real Estate Services has a fifty-two week low of C$4.65 and a fifty-two week high of C$15.39.

Bridgemarq Real Estate Services (TSE:BREGet Free Report) last released its quarterly earnings data on Wednesday, May 13th. The company reported C$0.12 EPS for the quarter. Bridgemarq Real Estate Services had a positive return on equity of 2.19% and a negative net margin of 0.49%.The firm had revenue of C$69.87 million during the quarter.

Bridgemarq Real Estate Services Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.1125 per share. The ex-dividend date was Friday, May 29th. This represents a c) annualized dividend and a yield of 25.9%. Bridgemarq Real Estate Services’s dividend payout ratio is presently -675.00%.

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

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