Timbercreek Financial Corp. (TSE:TF – Get Free Report) declared a monthly dividend on Wednesday, October 23rd, Zacks reports. Investors of record on Thursday, October 31st will be paid a dividend of 0.058 per share on Friday, November 15th. This represents a $0.70 annualized dividend and a yield of 8.65%. The ex-dividend date is Thursday, October 31st.
Timbercreek Financial Stock Performance
TF stock opened at C$8.05 on Friday. The company has a debt-to-equity ratio of 132.31, a current ratio of 7.36 and a quick ratio of 145.00. The company has a market capitalization of C$668.23 million, a PE ratio of 11.03 and a beta of 1.23. The firm’s 50-day moving average is C$8.00 and its 200 day moving average is C$7.60. Timbercreek Financial has a 12 month low of C$5.74 and a 12 month high of C$8.29.
Timbercreek Financial (TSE:TF – Get Free Report) last announced its earnings results on Wednesday, July 31st. The company reported C$0.19 earnings per share for the quarter, beating the consensus estimate of C$0.18 by C$0.01. Timbercreek Financial had a net margin of 70.41% and a return on equity of 8.73%. The company had revenue of C$26.68 million during the quarter, compared to the consensus estimate of C$27.90 million. On average, research analysts anticipate that Timbercreek Financial will post 0.7300725 EPS for the current year.
Wall Street Analysts Forecast Growth
View Our Latest Research Report on TF
Timbercreek Financial Company Profile
Timbercreek Financial Corp. provides shorter-duration structured financing solutions to commercial real estate investors in Canada. It focuses on lending against income-producing real estate properties, such as multi-residential, office, and retail buildings in urban markets. The company was founded in 2016 and is headquartered in Toronto, Canada.
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