Raymond James Financial Comments on Boardwalk REIT’s FY2019 Earnings (BEI)

Boardwalk REIT (TSE:BEI) – Research analysts at Raymond James Financial issued their FY2019 earnings per share estimates for shares of Boardwalk REIT in a research note issued on Monday. Raymond James Financial analyst K. Avalos forecasts that the company will post earnings of $2.41 per share for the year.

Shares of Boardwalk REIT (TSE:BEI) traded down C$0.20 during trading hours on Thursday, hitting C$44.80. The stock had a trading volume of 218,181 shares, compared to its average volume of 143,157. Boardwalk REIT has a 12 month low of C$37.96 and a 12 month high of C$50.94. The company has a market capitalization of $2,070.00, a PE ratio of -560.00 and a beta of 0.28.

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About Boardwalk REIT

Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada. The Trust owns over 200 properties containing approximately 33,770 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.

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