Edgefront Real Estate Investment Trust (TSE:NXR) Expected to Earn Q3 2024 Earnings of $0.18 Per Share

Edgefront Real Estate Investment Trust (TSE:NXR) – Analysts at National Bank Financial issued their Q3 2024 earnings per share estimates for shares of Edgefront Real Estate Investment Trust in a note issued to investors on Tuesday, October 8th. National Bank Financial analyst M. Kornack forecasts that the company will post earnings of $0.18 per share for the quarter. National Bank Financial has a “Strong-Buy” rating on the stock. National Bank Financial also issued estimates for Edgefront Real Estate Investment Trust’s FY2025 earnings at $0.81 EPS.

Edgefront Real Estate Investment Trust (TSE:NXR) last issued its quarterly earnings results on Wednesday, August 14th. The company reported C$0.46 earnings per share for the quarter, beating the consensus estimate of C$0.18 by C$0.28. The business had revenue of C$43.91 million during the quarter.

Separately, Ventum Cap Mkts raised shares of Edgefront Real Estate Investment Trust to a “strong-buy” rating in a research note on Monday, July 29th.

Edgefront Real Estate Investment Trust Stock Performance

Edgefront Real Estate Investment Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be paid a dividend of $0.053 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.64 annualized dividend and a dividend yield of ∞.

Edgefront Real Estate Investment Trust Company Profile

Nuveen Select Tax-Free Income Portfolio 3 Fund’s primary objective is current income exempt from regular federal income tax, consistent with preservation of capital.

The Fund invests in municipal securities that are exempt from federal income taxes. The Fund invests at least 80% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality.