Brookfield Property Partners L.P. (NYSE:BPY) to Release Earnings on Wednesday
Brookfield Property Partners L.P. (NYSE:BPY) (TSE:BPY.UN) will release its earnings data before the market opens on Wednesday, August 2nd.
Brookfield Property Partners L.P. (NYSE:BPY) (TSE:BPY.UN) last issued its quarterly earnings results on Friday, May 5th. The financial services provider reported ($0.21) EPS for the quarter. Brookfield Property Partners L.P. had a return on equity of 2.87% and a net margin of 19.50%. The firm had revenue of $1.23 billion for the quarter. On average, analysts expect Brookfield Property Partners L.P. to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Brookfield Property Partners L.P. (BPY) opened at 24.04 on Wednesday. The firm has a market cap of $6.16 billion, a PE ratio of 13.61 and a beta of 0.90. The firm’s 50-day moving average price is $23.49 and its 200-day moving average price is $22.60. Brookfield Property Partners L.P. has a 12 month low of $20.31 and a 12 month high of $24.94.
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Wednesday, May 31st were issued a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a dividend yield of 4.91%. The ex-dividend date of this dividend was Friday, May 26th. Brookfield Property Partners L.P.’s payout ratio is 68.60%.
Several brokerages have issued reports on BPY. Canaccord Genuity reaffirmed a “buy” rating and set a $28.00 price objective on shares of Brookfield Property Partners L.P. in a report on Monday, May 8th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $26.00 price objective on shares of Brookfield Property Partners L.P. in a report on Friday, July 7th. Finally, Scotiabank reaffirmed an “outperform” rating and set a $34.00 price objective on shares of Brookfield Property Partners L.P. in a report on Friday, April 21st.
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Brookfield Property Partners L.P. Company Profile
Brookfield Property Partners L.P. is a diversified global real estate company. The Company owns, operates and develops a portfolio of office, retail, multifamily, industrial, hospitality, triple net lease, self-storage and student housing assets. Its partnership is Brookfield Asset Management Inc’s public commercial property entity and the primary vehicle through which it invests in real estate on a global basis.
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