Raymond James Comments on Allied Properties Real Estate Investment Trust’s FY2023 Earnings (TSE:AP)

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Allied Properties Real Estate Investment Trust (TSE:AP – Get Rating) – Raymond James raised their FY2023 earnings per share estimates for shares of Allied Properties Real Estate Investment Trust in a research note issued to investors on Friday, February 3rd. Raymond James analyst B. Sturges now expects that the company will post earnings of $2.45 per share for the year, up from their previous forecast of $2.43. Raymond James also issued estimates for Allied Properties Real Estate Investment Trust’s Q4 2023 earnings at $0.62 EPS, Q1 2024 earnings at $0.63 EPS and Q4 2024 earnings at $0.65 EPS.

Separately, Desjardins reaffirmed a “buy” rating on shares of Allied Properties Real Estate Investment Trust in a research report on Wednesday, January 11th.

Allied Properties Real Estate Investment Trust Price Performance

Allied Properties Real Estate Investment Trust Increases Dividends

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The firm also recently declared a monthly dividend, which will be paid on Wednesday, February 15th. Investors of record on Tuesday, January 31st will be issued a dividend of $0.15 per share. The ex-dividend date is Monday, January 30th. This represents a $1.80 dividend on an annualized basis and a yield of ∞. This is a boost from Allied Properties Real Estate Investment Trust’s previous monthly dividend of $0.15.

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

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