Raymond James Has Positive Estimate for Capreit Q3 Earnings

Capreit (TSE:CAR) – Raymond James upped their Q3 2024 earnings estimates for Capreit in a research note issued to investors on Wednesday, October 23rd. Raymond James analyst B. Sturges now anticipates that the company will earn $0.68 per share for the quarter, up from their previous forecast of $0.67. Raymond James also issued estimates for Capreit’s Q4 2024 earnings at $0.64 EPS, FY2024 earnings at $2.58 EPS, Q3 2025 earnings at $0.68 EPS, Q4 2025 earnings at $0.66 EPS, FY2025 earnings at $2.62 EPS, Q1 2026 earnings at $0.65 EPS, Q2 2026 earnings at $0.72 EPS, Q3 2026 earnings at $0.72 EPS and FY2026 earnings at $2.80 EPS.

Separately, Ventum Cap Mkts raised Capreit to a “hold” rating in a research note on Monday, July 15th.

Capreit Price Performance

Capreit has a 12 month low of C$20.71 and a 12 month high of C$50.88.

Capreit (TSE:CAR) last announced its quarterly earnings results on Wednesday, August 7th. The company reported C$0.66 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.64 by C$0.02. The firm had revenue of C$278.13 million during the quarter.

Capreit Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be given a $0.125 dividend. The ex-dividend date is Thursday, October 31st. This represents a $1.50 annualized dividend and a yield of ?.

Capreit Company Profile

Avis Budget Group, Inc, together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 465 dealer-operated and 385 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network.