Boardwalk Real Estate Investment Trust (TSE:BEI) Rating Increased to Strong-Buy at Raymond James

Boardwalk Real Estate Investment Trust (TSE:BEI) was upgraded by investment analysts at Raymond James to a “strong-buy” rating in a report issued on Wednesday, Zacks.com reports. Raymond James also issued estimates for Boardwalk Real Estate Investment Trust’s Q2 2024 earnings at $1.03 EPS, Q3 2024 earnings at $1.08 EPS, Q4 2024 earnings at $1.08 EPS, FY2024 earnings at $4.13 EPS, Q2 2025 earnings at $1.12 EPS, Q3 2025 earnings at $1.17 EPS, Q4 2025 earnings at $1.16 EPS, FY2025 earnings at $4.50 EPS, Q1 2026 earnings at $0.75 EPS, Q2 2026 earnings at $1.24 EPS and FY2026 earnings at $4.92 EPS.

Boardwalk Real Estate Investment Trust Stock Performance

Boardwalk Real Estate Investment Trust has a 52 week low of C$37.96 and a 52 week high of C$49.75.

Boardwalk Real Estate Investment Trust (TSE:BEI) last released its quarterly earnings data on Tuesday, May 7th. The company reported C$6.23 earnings per share for the quarter, beating the consensus estimate of C$0.91 by C$5.32. The firm had revenue of C$145.20 million during the quarter.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada. The Trust owns over 200 properties containing approximately 33,770 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.