FY2024 Earnings Forecast for Primaris Real Estate Investment Trust Issued By National Bank Financial (TSE:PMZ)

Primaris Real Estate Investment Trust (TSE:PMZ) – Equities researchers at National Bank Financial issued their FY2024 EPS estimates for shares of Primaris Real Estate Investment Trust in a research note issued to investors on Wednesday, October 9th. National Bank Financial analyst M. Kornack forecasts that the company will earn $1.68 per share for the year. National Bank Financial currently has a “Hold” rating on the stock. National Bank Financial also issued estimates for Primaris Real Estate Investment Trust’s FY2025 earnings at $1.76 EPS.

Primaris Real Estate Investment Trust (TSE:PMZ) last issued its quarterly earnings data on Wednesday, July 31st. The company reported C$0.40 EPS for the quarter, hitting analysts’ consensus estimates of C$0.40. The company had revenue of C$120.01 million for the quarter.

PMZ has been the topic of several other reports. Canaccord Genuity Group upgraded Primaris Real Estate Investment Trust to a “strong-buy” rating in a research report on Friday, September 27th. Cibc World Mkts raised shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a research note on Friday, August 2nd. Finally, TD Securities raised shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a research note on Thursday, September 5th. Two equities research analysts have rated the stock with a hold rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Primaris Real Estate Investment Trust Stock Performance

Primaris Real Estate Investment Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be paid a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Thursday, October 31st.