Cormark Analysts Decrease Earnings Estimates for 98532 (KMP.TO) (TSE:KMP)

98532 (KMP.TO) (TSE:KMP) – Stock analysts at Cormark lowered their Q3 2024 earnings estimates for shares of 98532 (KMP.TO) in a report issued on Wednesday, August 14th. Cormark analyst S. Srinivas now anticipates that the company will post earnings per share of $0.32 for the quarter, down from their prior forecast of $0.33. Cormark also issued estimates for 98532 (KMP.TO)’s FY2024 earnings at $1.17 EPS, Q2 2025 earnings at $0.29 EPS, Q3 2025 earnings at $0.33 EPS, Q4 2025 earnings at $0.31 EPS and FY2025 earnings at $1.20 EPS.

Separately, Ventum Cap Mkts raised 98532 (KMP.TO) to a “strong-buy” rating in a report on Tuesday, July 16th.

98532 (KMP.TO) Stock Performance

98532 has a fifty-two week low of C$12.04 and a fifty-two week high of C$14.76.

98532 (KMP.TO) Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 15th. Stockholders of record on Wednesday, July 31st were paid a $0.058 dividend. The ex-dividend date of this dividend was Wednesday, July 31st. This represents a $0.70 dividend on an annualized basis and a dividend yield of ∞.

98532 (KMP.TO) Company Profile

Killam Apartment Real Estate Investment Trust (REIT) is a Canada-based real estate investment trust. The Trust is engaged in owning, operating, managing and developing multi-family residential and manufactured home community (MHC) properties. Its segments include Apartment, MHC and Other. The Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada and it includes building improvements; suite renovations; appliances; boilers and heating equipment; other; equipment; parking lots, and land improvements.