European Commercial REIT (TSE:ERE – Free Report) – Cormark dropped their FY2024 earnings estimates for European Commercial REIT in a research note issued to investors on Tuesday, November 12th. Cormark analyst S. Srinivas now anticipates that the company will post earnings of $0.23 per share for the year, down from their prior estimate of $0.24. Cormark also issued estimates for European Commercial REIT’s Q1 2025 earnings at $0.04 EPS, FY2025 earnings at $0.11 EPS, Q1 2026 earnings at $0.03 EPS, Q2 2026 earnings at $0.03 EPS, Q3 2026 earnings at $0.03 EPS and FY2026 earnings at $0.13 EPS.
Separately, Desjardins upgraded European Commercial REIT from a “hold” rating to a “moderate buy” rating in a report on Sunday, August 11th.
European Commercial REIT Stock Performance
European Commercial REIT Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be issued a $0.015 dividend. The ex-dividend date is Thursday, October 31st. This represents a $0.18 dividend on an annualized basis and a yield of ∞.
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