Desjardins Weighs in on Killam Apartment REIT’s FY2018 Earnings (KMP)

Killam Apartment REIT (TSE:KMP) – Research analysts at Desjardins increased their FY2018 EPS estimates for Killam Apartment REIT in a report released on Wednesday. Desjardins analyst M. Markidis now expects that the company will post earnings of $0.93 per share for the year, up from their previous estimate of $0.92. Desjardins has a “Buy” rating on the stock.

Separately, National Bank Financial reaffirmed an “outperform” rating on shares of Killam Apartment REIT in a research note on Monday, February 12th.

Shares of Killam Apartment REIT (KMP) traded up C$0.02 during midday trading on Monday, reaching C$13.80. 6,684 shares of the company were exchanged, compared to its average volume of 228,284. The firm has a market cap of $1,110.00, a price-to-earnings ratio of 10.38 and a beta of 0.15. Killam Apartment REIT has a 12-month low of C$12.04 and a 12-month high of C$14.76.

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About Killam Apartment REIT

Killam Apartment Real Estate Investment Trust (REIT) is a Canada-based real estate investment trust. The Trust is engaged in owning, operating, managing and developing multi-family residential and manufactured home community (MHC) properties. Its segments include Apartment, MHC and Other. The Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada and it includes building improvements; suite renovations; appliances; boilers and heating equipment; other; equipment; parking lots, and land improvements.

Earnings History and Estimates for Killam Apartment REIT (TSE:KMP)

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