National Bank Financial Weighs in on Edgefront Real Estate Investment Trust’s FY2024 Earnings (TSE:NXR)

Edgefront Real Estate Investment Trust (TSE:NXR) – Investment analysts at National Bank Financial lowered their FY2024 earnings per share estimates for Edgefront Real Estate Investment Trust in a research report issued to clients and investors on Tuesday, October 8th. National Bank Financial analyst M. Kornack now forecasts that the company will post earnings of $0.71 per share for the year, down from their previous forecast of $0.72. National Bank Financial currently has a “Strong-Buy” rating on the stock.

Edgefront Real Estate Investment Trust (TSE:NXR) last announced its quarterly earnings data on Wednesday, August 14th. The company reported C$0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.18 by C$0.28. The firm had revenue of C$43.91 million during the quarter.

Separately, Ventum Cap Mkts upgraded shares of Edgefront Real Estate Investment Trust to a “strong-buy” rating in a research note on Monday, July 29th.

Edgefront Real Estate Investment Trust Price Performance

Edgefront Real Estate Investment Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be paid a $0.053 dividend. The ex-dividend date is Thursday, October 31st. This represents a $0.64 annualized dividend and a yield of ?.

Edgefront Real Estate Investment Trust Company Profile

Nuveen Select Tax-Free Income Portfolio 3 Fund’s primary objective is current income exempt from regular federal income tax, consistent with preservation of capital.

The Fund invests in municipal securities that are exempt from federal income taxes. The Fund invests at least 80% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality.