Timbercreek Financial Corp (TF) to Post FY2017 Earnings of $0.72 Per Share, National Bank Financial Forecasts

Timbercreek Financial Corp (TSE:TF) – Research analysts at National Bank Financial issued their FY2017 EPS estimates for Timbercreek Financial in a research report issued on Wednesday. National Bank Financial analyst J. Gloyn forecasts that the company will post earnings per share of $0.72 for the year. National Bank Financial currently has a “Outperform Market Weight” rating on the stock. National Bank Financial also issued estimates for Timbercreek Financial’s Q4 2017 earnings at $0.19 EPS, Q1 2018 earnings at $0.18 EPS, Q2 2018 earnings at $0.19 EPS, FY2018 earnings at $0.76 EPS and FY2019 earnings at $0.83 EPS.

Separately, Raymond James Financial cut Timbercreek Financial from an “outperform” rating to a “market perform” rating in a report on Monday, January 8th.

Shares of Timbercreek Financial (TSE TF) opened at C$9.11 on Monday. Timbercreek Financial has a 1-year low of C$8.81 and a 1-year high of C$9.75. The firm has a market capitalization of $668.50 and a PE ratio of 13.01.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, February 15th. Investors of record on Wednesday, January 31st will be issued a dividend of $0.058 per share. The ex-dividend date of this dividend is Tuesday, January 30th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 7.64%. Timbercreek Financial’s dividend payout ratio is 24.43%.

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