Capreit (CAR) to Release Earnings on Wednesday

Capreit (TSE:CAR) is set to release its earnings data after the market closes on Wednesday, August 7th. Analysts expect Capreit to post earnings of C$0.64 per share for the quarter.

Capreit (TSE:CAR) last released its quarterly earnings data on Wednesday, May 8th. The company reported C$1.07 EPS for the quarter, topping the consensus estimate of C$0.61 by C$0.46. The business had revenue of C$275.82 million during the quarter.

Capreit Stock Performance

Capreit has a one year low of C$20.71 and a one year high of C$50.88.

Capreit Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Wednesday, July 31st will be given a $0.121 dividend. This represents a $1.45 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Wednesday, July 31st.

Analysts Set New Price Targets

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

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.