Bridgemarq Real Estate Services (TSE:BRE) Price Target Raised to C$18.00 at Cormark

Bridgemarq Real Estate Services (TSE:BRE) had its price objective upped by Cormark from C$17.00 to C$18.00 in a research note issued to investors on Monday morning,BayStreet.CA reports.

Bridgemarq Real Estate Services Stock Up 0.8 %

TSE BRE opened at C$14.88 on Monday. Bridgemarq Real Estate Services has a fifty-two week low of C$11.50 and a fifty-two week high of C$15.79. The business has a 50 day moving average price of C$14.52 and a two-hundred day moving average price of C$13.56. The stock has a market cap of C$141.06 million, a PE ratio of 13.05 and a beta of 1.28.

Bridgemarq Real Estate Services Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, October 31st will be given a $0.1125 dividend. This is a boost from Bridgemarq Real Estate Services’s previous monthly dividend of $0.11. This represents a $1.35 dividend on an annualized basis and a yield of 9.07%. The ex-dividend date of this dividend is Thursday, October 31st. Bridgemarq Real Estate Services’s dividend payout ratio is presently 118.42%.

Bridgemarq Real Estate Services Company Profile

Bridgemarq Real Estate Services Inc provides various services to residential real estate brokers and REALTORS in Canada. The company offers information, tools, and services that assist its customers in the delivery of real estate services. It provides its services under the Royal LePage, Via Capitale, Johnston and Daniel, and Proprio Direct brand names.