Bridgemarq Real Estate Services Inc. (TSE:BRE - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$13.46 and traded as high as C$15.16. Bridgemarq Real Estate Services shares last traded at C$14.86, with a volume of 7,534 shares traded.
Wall Street Analysts Forecast Growth
Separately, Cormark raised Bridgemarq Real Estate Services to a "moderate buy" rating in a research note on Thursday, October 10th.
Read Our Latest Research Report on BRE
Bridgemarq Real Estate Services Price Performance
The stock has a 50 day moving average price of C$14.24 and a two-hundred day moving average price of C$13.46. The company has a market capitalization of C$140.87 million, a price-to-earnings ratio of 13.04 and a beta of 1.28.
Bridgemarq Real Estate Services (TSE:BRE - Get Free Report) last posted its quarterly earnings data on Tuesday, August 13th. The company reported C$0.17 earnings per share for the quarter. The company had revenue of C$110.09 million during the quarter.
Bridgemarq Real Estate Services Increases Dividend
The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 31st will be given a dividend of $0.1125 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $1.35 dividend on an annualized basis and a dividend yield of 9.08%. This is an increase from Bridgemarq Real Estate Services's previous monthly dividend of $0.11. Bridgemarq Real Estate Services's payout ratio is presently 118.42%.
Insider Activity at Bridgemarq Real Estate Services
In other Bridgemarq Real Estate Services news, Director Gitanjli Datt purchased 3,000 shares of the stock in a transaction dated Friday, August 16th. The stock was bought at an average price of C$13.11 per share, for a total transaction of C$39,330.00. 0.89% of the stock is owned by company insiders.
About Bridgemarq Real Estate Services
(
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.
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