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

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) released its earnings results on Tuesday. The financial services provider reported $999.00 EPS for the quarter, reports. Boardwalk Real Estate Investment Trust had a net margin of 8.97% and a return on equity of 1.17%. The business had revenue of $119.44 million for the quarter.

Boardwalk Real Estate Investment Trust Stock Performance

Shares of OTCMKTS BOWFF traded down $0.14 during mid-day trading on Thursday, reaching $48.23. 5,098 shares of the company were exchanged, compared to its average volume of 1,798. The company’s 50-day simple moving average is $47.73 and its 200-day simple moving average is $47.47. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $2.30 billion, a P/E ratio of 80.38 and a beta of 0.96. Boardwalk Real Estate Investment Trust has a twelve month low of $43.33 and a twelve month high of $54.08.

Analysts Set New Price Targets

Separately, Colliers Securities raised Boardwalk Real Estate Investment Trust to a “hold” rating in a report on Thursday, April 16th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk Real Estate Investment Trust is a Canada-based residential landlord specializing in multi-family rental apartments and manufactured home communities. The trust’s business model centers on acquiring, developing and managing residential properties that deliver stable, long-term cash flows. Boardwalk’s portfolio has historically included tens of thousands of residential suites and home sites spread across key Canadian markets.

The company’s core activities encompass property acquisition, asset management, and day-to-day property operations.