Bridgemarq Real Estate Services (TSE:BRE) Price Target Raised to C$18.00 at Cormark

Bridgemarq Real Estate Services (TSE:BRE) had its price target lifted by Cormark from C$17.00 to C$18.00 in a research note published on Monday morning,BayStreet.CA reports. Cormark also issued estimates for Bridgemarq Real Estate Services’ FY2024 earnings at ($1.31) EPS, FY2025 earnings at $0.39 EPS and FY2026 earnings at $0.76 EPS.

Bridgemarq Real Estate Services Stock Up 1.1 %

Shares of Bridgemarq Real Estate Services stock opened at C$15.21 on Monday. Bridgemarq Real Estate Services has a 12-month low of C$11.50 and a 12-month high of C$15.79. The firm has a market capitalization of C$144.19 million, a PE ratio of 13.34 and a beta of 1.28. The stock’s fifty day moving average is C$14.61 and its 200-day moving average is C$13.59.

Bridgemarq Real Estate Services Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 31st will be given a $0.1125 dividend. This is an increase from Bridgemarq Real Estate Services’s previous monthly dividend of $0.11. This represents a $1.35 annualized dividend and a dividend yield of 8.88%. The ex-dividend date is Thursday, October 31st. Bridgemarq Real Estate Services’s dividend payout ratio (DPR) is 118.42%.

Bridgemarq Real Estate Services Company Profile

Bridgemarq Real Estate Services Inc provides various services to residential real estate brokers and REALTORS in Canada. The company offers information, tools, and services that assist its customers in the delivery of real estate services. It provides its services under the Royal LePage, Via Capitale, Johnston and Daniel, and Proprio Direct brand names.