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

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) released its quarterly earnings data on Thursday. The financial services provider reported $0.86 earnings per share for the quarter, Zacks reports. Boardwalk Real Estate Investment Trust had a return on equity of 6.30% and a net margin of 49.45%.

Boardwalk Real Estate Investment Trust Stock Performance

Boardwalk Real Estate Investment Trust stock opened at $49.61 on Friday. The business has a 50 day moving average of $48.69 and a 200-day moving average of $48.47. The company has a market capitalization of $2.41 billion, a P/E ratio of 16.06 and a beta of 0.94. Boardwalk Real Estate Investment Trust has a 1 year low of $41.98 and a 1 year high of $54.08. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.04 and a quick ratio of 0.04.

About Boardwalk Real Estate Investment Trust

Boardwalk Real Estate Investment Trust is a Canada-based residential landlord specializing in multi-family rental apartments and manufactured home communities. The trust’s business model centers on acquiring, developing and managing residential properties that deliver stable, long-term cash flows. Boardwalk’s portfolio has historically included tens of thousands of residential suites and home sites spread across key Canadian markets.

The company’s core activities encompass property acquisition, asset management, and day-to-day property operations.