Desjardins Has Optimistic Outlook of TSE:FCR FY2024 Earnings

First Capital Realty Inc. (TSE:FCR) – Analysts at Desjardins boosted their FY2024 EPS estimates for shares of First Capital Realty in a research report issued on Tuesday, October 29th. Desjardins analyst L. Kalmar now forecasts that the company will earn $1.35 per share for the year, up from their prior estimate of $1.31.

A number of other brokerages have also recently issued reports on FCR. Canaccord Genuity Group raised shares of First Capital Realty to a “strong-buy” rating in a research report on Monday, September 16th. Raymond James raised shares of First Capital Realty to a “moderate buy” rating in a report on Thursday, October 17th.

First Capital Realty Stock Performance

The business’s fifty day moving average price is C$20.86. First Capital Realty has a 52 week low of C$18.60 and a 52 week high of C$22.79.

First Capital Realty (TSE:FCR) last issued its earnings results on Tuesday, July 30th. The company reported C$0.08 EPS for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.23). The company had revenue of C$183.97 million for the quarter.

First Capital Realty Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a dividend of $0.072 per share. This represents a $0.86 dividend on an annualized basis and a yield of ?. The ex-dividend date is Thursday, October 31st.