Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Announces Earnings Results

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) posted its quarterly earnings data on Thursday. The financial services provider reported $0.79 earnings per share for the quarter, Zacks reports. Boardwalk Real Estate Investment Trust had a return on equity of 15.06% and a net margin of 117.99%.

Boardwalk Real Estate Investment Trust Stock Down 1.7 %

Shares of BOWFF stock traded down $0.78 on Thursday, reaching $44.71. 26,585 shares of the company were exchanged, compared to its average volume of 7,580. The company has a market cap of $2.19 billion, a price-to-earnings ratio of 4.52 and a beta of 1.53. The company has a 50-day moving average of $44.31 and a 200-day moving average of $52.92. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.29 and a quick ratio of 0.29. Boardwalk Real Estate Investment Trust has a one year low of $41.49 and a one year high of $71.39.

Analyst Ratings Changes

Separately, BMO Capital Markets downgraded Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk REIT strives to be Canada’s friendliest community provider and is a leading owner/operator of multi-family rental communities. Providing homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives.