Allied Properties Real Estate Investment Trust (TSE:AP) Expected to Earn Q4 2024 Earnings of $0.53 Per Share

Allied Properties Real Estate Investment Trust (TSE:AP) – Analysts at Raymond James cut their Q4 2024 EPS estimates for shares of Allied Properties Real Estate Investment Trust in a research report issued on Wednesday, July 31st. Raymond James analyst B. Sturges now forecasts that the company will post earnings per share of $0.53 for the quarter, down from their previous forecast of $0.56. Raymond James also issued estimates for Allied Properties Real Estate Investment Trust’s Q4 2025 earnings at $0.54 EPS, Q1 2026 earnings at $0.49 EPS, Q2 2026 earnings at $0.50 EPS and FY2026 earnings at $2.00 EPS.

Separately, National Bank Financial downgraded shares of Allied Properties Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 17th.

Allied Properties Real Estate Investment Trust Stock Performance

Allied Properties Real Estate Investment Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, August 15th. Investors of record on Wednesday, July 31st will be paid a $0.15 dividend. This represents a $1.80 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend is Wednesday, July 31st.

Allied Properties Real Estate Investment Trust Company Profile

Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industry.