Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Announces Quarterly Earnings Results

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) announced its earnings results on Tuesday. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $114.21 million for the quarter. Boardwalk Real Estate Investment Trust had a negative return on equity of 0.65% and a negative net margin of 4.86%.

Boardwalk Real Estate Investment Trust Stock Performance

BOWFF opened at $44.85 on Wednesday. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.62. The company has a market cap of $2.02 billion, a price-to-earnings ratio of -60.61 and a beta of 0.88. The company’s 50 day moving average is $44.07 and its 200 day moving average is $46.61. Boardwalk Real Estate Investment Trust has a 12-month low of $42.00 and a 12-month high of $51.00.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk Real Estate Investment Trust is a Canadian real estate investment trust focused on owning, operating and managing multi-family rental communities. Its portfolio consists primarily of apartment buildings and related residential properties, with services centered on providing rental housing and managing the day-to-day operations of its communities.

Boardwalk serves residents in several Canadian provinces, including Alberta, Saskatchewan, Ontario and Quebec. The trust operates under the Boardwalk brand and offers a range of apartment housing options, supported by leasing, maintenance, resident services and property-management operations.

Founded in 1984, Boardwalk has developed into one of Canada’s prominent publicly traded residential landlords.