Killam Properties (KMP) Announces Quarterly Results
Killam Properties (TSE:KMP) released its earnings data on Friday. The company reported $0.18 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.18, AnalystRatingsNetwork reports.
Shares of Killam Properties (TSE:KMP) opened at 10.24 on Friday. Killam Properties has a 52-week low of $9.91 and a 52-week 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 $560.2 million and a P/E ratio of 15.76.
The company also recently announced a jul 14 dividend, which is scheduled for Friday, August 15th. Stockholders 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.
On a related note, 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. Six analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of C$11.68.
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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