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Killam Properties (TSE:KMP) has been given an average rating of “Buy” by the nine brokerages that are covering the stock, American Banking and Market News reports. Five research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is C$11.61.

Shares of Killam Properties (TSE:KMP) traded up 0.20% on Friday, hitting $10.26. 17,089 shares of the company’s stock traded hands. Killam Properties has a one year low of $9.91 and a one year high of $11.16. The stock’s 50-day moving average is $10.45 and its 200-day moving average is $10.41. The company has a market cap of $561.3 million and a price-to-earnings ratio of 15.52.

Killam Properties (TSE:KMP) last announced its earnings results on Friday, August 8th. The company reported $0.18 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.18.

The company also recently announced a jul 14 dividend, which is scheduled for Friday, August 15th. Shareholders of record on Thursday, July 31st will be paid a dividend of $0.05 per share. This represents a dividend yield of 5.66%. The ex-dividend date is Tuesday, July 29th.

A number of analysts have recently weighed in on KMP shares. Analysts at CIBC cut their price target on shares of Killam Properties from C$13.00 to C$12.50 in a research note on Friday. Analysts at Scotiabank reiterated a “sector perform” rating on shares of Killam Properties in a research note on Thursday. They now have a C$11.00 price target on the stock.

Killam Properties Inc is a Canada-based residential landlord engaged in owning, operating, managing and developing multi-family residential and Manufactured Home Community (TSE:KMP) properties.

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