Raymond James Analysts Lower Earnings Estimates for TSE:NXR

Edgefront Real Estate Investment Trust (TSE:NXR) – Stock analysts at Raymond James decreased their Q3 2024 earnings per share estimates for Edgefront Real Estate Investment Trust in a note issued to investors on Wednesday, October 23rd. Raymond James analyst B. Sturges now expects that the company will earn $0.18 per share for the quarter, down from their previous estimate of $0.19.

Edgefront Real Estate Investment Trust (TSE:NXR) last released its quarterly earnings data on Wednesday, August 14th. The company reported C$0.46 EPS for the quarter, topping the consensus estimate of C$0.18 by C$0.28. The business had revenue of C$43.91 million during the quarter.

Other equities research analysts have also issued research reports about the company. Ventum Cap Mkts raised Edgefront Real Estate Investment Trust to a “strong-buy” rating in a research note on Monday, July 29th. National Bank Financial raised Edgefront Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 17th.

Edgefront Real Estate Investment Trust Price Performance

Edgefront Real Estate Investment Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a dividend of $0.053 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.64 dividend on an annualized basis and a dividend 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.