National Bank Financial Comments on Primaris Real Estate Investment Trust’s FY2024 Earnings (TSE:PMZ)

Primaris Real Estate Investment Trust (TSE:PMZ) – Equities researchers at National Bank Financial issued their FY2024 earnings per share (EPS) estimates for shares of Primaris Real Estate Investment Trust in a note issued to investors on Wednesday, October 9th. National Bank Financial analyst M. Kornack anticipates that the company will earn $1.68 per share for the year. National Bank Financial currently has a “Hold” rating on the stock. National Bank Financial also issued estimates for Primaris Real Estate Investment Trust’s FY2025 earnings at $1.76 EPS.

Several other analysts have also recently commented on PMZ. Canaccord Genuity Group raised shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a research note on Friday, September 27th. TD Securities upgraded Primaris Real Estate Investment Trust to a “strong-buy” rating in a research report on Thursday, September 5th. Finally, Cibc World Mkts upgraded shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a research report on Friday, August 2nd. Two analysts have rated the stock with a hold rating and three have given a strong buy rating to the company. Based on data from MarketBeat, Primaris Real Estate Investment Trust has a consensus rating of “Buy”.

Primaris Real Estate Investment Trust Price Performance

Primaris Real Estate Investment Trust (TSE:PMZ) last announced its earnings results on Wednesday, July 31st. The company reported C$0.40 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C$0.40. The firm had revenue of C$120.01 million for the quarter.

Primaris Real Estate Investment Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be issued a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Thursday, October 31st.