Timbercreek Financial Corp. (TSE:TF - Free Report) - National Bank Financial dropped their FY2025 earnings estimates for shares of Timbercreek Financial in a report released on Tuesday, October 29th. National Bank Financial analyst J. Gloyn now expects that the company will post earnings per share of $0.74 for the year, down from their prior estimate of $0.75. The consensus estimate for Timbercreek Financial's current full-year earnings is $0.73 per share.
TF has been the subject of several other research reports. TD Securities upped their price target on Timbercreek Financial from C$7.50 to C$8.00 in a research note on Friday, August 2nd. National Bankshares increased their price target on Timbercreek Financial from C$8.00 to C$8.50 and gave the company a "sector perform" rating in a report on Wednesday.
Check Out Our Latest Research Report on TF
Timbercreek Financial Stock Down 0.7 %
TF traded down C$0.05 during midday trading on Friday, hitting C$7.53. 230,937 shares of the company's stock traded hands, compared to its average volume of 130,668. The company has a debt-to-equity ratio of 132.31, a current ratio of 7.36 and a quick ratio of 145.00. The company has a market cap of C$625.07 million, a PE ratio of 10.32 and a beta of 1.23. The stock's fifty day simple moving average is C$8.02 and its 200-day simple moving average is C$7.62. Timbercreek Financial has a one year low of C$5.96 and a one year high of C$8.29.
Timbercreek Financial (TSE:TF - Get Free Report) last issued its earnings results on Wednesday, October 30th. The company reported C$0.17 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of C$0.17. Timbercreek Financial had a net margin of 70.41% and a return on equity of 8.73%. The company had revenue of C$25.41 million during the quarter, compared to analyst estimates of C$28.54 million.
Timbercreek Financial Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a $0.058 dividend. This represents a $0.70 annualized dividend and a dividend yield of 9.24%. The ex-dividend date is Thursday, October 31st. Timbercreek Financial's payout ratio is 94.52%.
About Timbercreek Financial
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Timbercreek Financial Corp. provides shorter-duration structured financing solutions to commercial real estate investors in Canada. It focuses on lending against income-producing real estate properties, such as multi-residential, office, and retail buildings in urban markets. The company was founded in 2016 and is headquartered in Toronto, Canada.
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