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Bridgemarq Real Estate Services (TSE:BRE) Hits New 12-Month High - Here's Why

Bridgemarq Real Estate Services logo with Real Estate background

Bridgemarq Real Estate Services Inc. (TSE:BRE - Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as C$14.80 and last traded at C$14.77, with a volume of 13545 shares. The stock had previously closed at C$14.67.

Analyst Upgrades and Downgrades

Separately, Cormark raised Bridgemarq Real Estate Services to a "moderate buy" rating in a research report on Thursday, October 10th.

Get Our Latest Analysis on BRE

Bridgemarq Real Estate Services Trading Up 1.2 %

The firm has a 50-day moving average of C$13.69 and a two-hundred day moving average of C$13.35. The firm has a market capitalization of C$140.68 million, a PE ratio of 12.87 and a beta of 1.28.

Bridgemarq Real Estate Services (TSE:BRE - Get Free Report) last released its quarterly earnings data on Tuesday, August 13th. The company reported C$0.17 EPS for the quarter. The company had revenue of C$110.09 million during the quarter.

Bridgemarq Real Estate Services Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Monday, September 30th will be paid a dividend of $0.112 per share. The ex-dividend date of this dividend is Friday, September 27th. This represents a $1.34 annualized dividend and a dividend yield of 9.06%. Bridgemarq Real Estate Services's dividend payout ratio is presently 118.42%.

Insider Activity

In other Bridgemarq Real Estate Services news, Director Gitanjli Datt bought 3,000 shares of the stock in a transaction dated Friday, August 16th. The stock was bought at an average cost of C$13.11 per share, for a total transaction of C$39,330.00. Insiders own 0.89% of the company's stock.

Bridgemarq Real Estate Services Company Profile

(Get Free Report)

Bridgemarq Real Estate Services Inc provides various services to residential real estate brokers and REALTORS in Canada. The company offers information, tools, and services that assist its customers in the delivery of real estate services. It provides its services under the Royal LePage, Via Capitale, Johnston and Daniel, and Proprio Direct brand names.

See Also

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