National Bank Financial Equities Analysts Raise Earnings Estimates for Allied Properties Real Estate Investment Trust (TSE:AP)

Allied Properties Real Estate Investment Trust (TSE:AP) – Research analysts at National Bank Financial lifted their FY2025 earnings estimates for Allied Properties Real Estate Investment Trust in a research report issued on Wednesday, July 17th. National Bank Financial analyst M. Kornack now forecasts that the company will post earnings of $2.12 per share for the year, up from their prior forecast of $2.11. National Bank Financial currently has a “Hold” rating on the stock.

Allied Properties Real Estate Investment Trust (TSE:AP) last announced its quarterly earnings data on Tuesday, April 30th. The company reported C($0.13) EPS for the quarter, missing the consensus estimate of C$0.58 by C($0.71). The business had revenue of C$143.58 million for the quarter.

Allied Properties Real Estate Investment Trust Price Performance

Allied Properties Real Estate Investment Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, August 15th. Investors of record on Wednesday, July 31st will be issued a dividend of $0.15 per share. This represents a $1.80 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Wednesday, July 31st.

About Allied Properties Real Estate Investment Trust

Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industry.