Raymond James Has Optimistic View of TSE:FCR FY2024 Earnings

First Capital Realty Inc. (TSE:FCR) – Equities research analysts at Raymond James upped their FY2024 earnings estimates for shares of First Capital Realty in a research note issued to investors on Tuesday, October 29th. Raymond James analyst B. Sturges now forecasts that the company will earn $1.33 per share for the year, up from their previous forecast of $1.31. Raymond James has a “Moderate Buy” rating on the stock. Raymond James also issued estimates for First Capital Realty’s Q4 2024 earnings at $0.31 EPS, Q1 2025 earnings at $0.32 EPS, Q2 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.34 EPS and FY2025 earnings at $1.30 EPS.

Separately, Canaccord Genuity Group upgraded shares of First Capital Realty to a “strong-buy” rating in a research report on Monday, September 16th.

First Capital Realty Stock Performance

The company’s fifty day moving average price is C$20.86. First Capital Realty has a 52-week low of C$18.60 and a 52-week high of C$22.79.

First Capital Realty (TSE:FCR) last posted its quarterly earnings data on Tuesday, July 30th. The company reported C$0.08 earnings per share for the quarter, missing the consensus estimate of C$0.31 by C($0.23). The firm had revenue of C$183.97 million for the quarter.

First Capital Realty Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be issued a dividend of $0.072 per share. This represents a $0.86 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend is Thursday, October 31st.