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

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF - Get Free Report) announced its earnings results on Thursday. The financial services provider reported $0.79 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $113.54 million for the quarter. Boardwalk Real Estate Investment Trust had a return on equity of 12.49% and a net margin of 97.89%.

Boardwalk Real Estate Investment Trust Stock Up 1.3 %

Shares of OTCMKTS:BOWFF traded up $0.56 during trading on Friday, hitting $45.27. 2,914 shares of the company were exchanged, compared to its average volume of 9,991. The stock has a market cap of $2.22 billion, a price-to-earnings ratio of 6.74 and a beta of 1.53. Boardwalk Real Estate Investment Trust has a fifty-two week low of $41.49 and a fifty-two week high of $71.39. The firm has a fifty day moving average price of $44.19 and a two-hundred day moving average price of $52.74. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.56.

Analyst Ratings Changes

Separately, BMO Capital Markets lowered Boardwalk Real Estate Investment Trust from a "strong-buy" rating to a "hold" rating in a research 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.