Cominar REIT (CUF) to Post FY2019 Earnings of $1.39 Per Share, Desjardins Forecasts

Cominar REIT (TSE:CUF) – Equities researchers at Desjardins raised their FY2019 earnings estimates for shares of Cominar REIT in a report issued on Monday. Desjardins analyst M. Markidis now forecasts that the company will post earnings per share of $1.39 for the year, up from their previous forecast of $1.37.

Shares of Cominar REIT (TSE CUF) traded up C$0.08 during trading hours on Wednesday, hitting C$14.46. 280,339 shares of the stock traded hands, compared to its average volume of 423,202. Cominar REIT has a 52 week low of C$11.84 and a 52 week high of C$15.08. The firm has a market cap of $2,680.00, a P/E ratio of 12.25 and a beta of 0.38.

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About Cominar REIT

Cominar REIT is a Canada-based real estate investment trust (REIT). The Company is a commercial property owner and manager in the province of Quebec. Its segments include Office, Retail, and Industrial and mixed-use. Its activities include a portfolio of three property types, including office properties, retail properties, and industrial and mixed-use properties located in Canadian provinces.

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