Allied Properties Real Estate Investment (TSE:AP) – Research analysts at Raymond James Financial lowered their FY2017 EPS estimates for Allied Properties Real Estate Investment in a report released on Thursday. Raymond James Financial analyst K. Avalos now expects that the company will earn $2.19 per share for the year, down from their prior forecast of $2.21. Raymond James Financial also issued estimates for Allied Properties Real Estate Investment’s Q4 2017 earnings at $0.56 EPS.

Separately, National Bank Financial upgraded shares of Allied Properties Real Estate Investment from a “sector perform market weight” rating to an “outperform market weight” rating in a report on Thursday, May 4th.

COPYRIGHT VIOLATION NOTICE: “Raymond James Financial Weighs in on Allied Properties Real Estate Investment’s FY2017 Earnings (AP)” was posted by American Banking News and is owned by of American Banking News. If you are viewing this report on another publication, it was illegally stolen and republished in violation of United States & international copyright laws. The original version of this report can be viewed at https://www.americanbankingnews.com/2017/08/07/raymond-james-financial-weighs-in-on-allied-properties-real-estate-investments-fy2017-earnings-ap.html.

The firm also recently announced a monthly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Monday, July 31st will be issued a dividend of $0.127 per share. This represents a $1.52 annualized dividend and a yield of Infinity. The ex-dividend date is Thursday, July 27th.

Allied Properties Real Estate Investment Company Profile

Ampco-Pittsburgh Corporation is engaged in manufacturing and selling specialty metal products and customized equipment utilized by industry throughout the world. The Company operates through two segments: the Forged and Cast Engineered Products segment, and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment consists of Union Electric Steel Corporation (Union Electric Steel or UES) and Union Electric Steel UK Limited (UES-UK).

Earnings History and Estimates for Allied Properties Real Estate Investment (TSE:AP)

Receive News & Ratings for Allied Properties Real Estate Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allied Properties Real Estate Investment and related companies with MarketBeat.com's FREE daily email newsletter.