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

Key Points

• Boardwalk Real Estate Investment Trust reported earnings of $0.84 per share for the recent quarter, with a return on equity of 8.55% and a net margin of 67.26%.
• As of midday trading, the stock price of Boardwalk REIT was $51.99, having experienced a trading volume of 6,803 shares compared to its average volume of 1,342.
• Boardwalk REIT operates over 200 multi-family rental communities in Canada, managing more than 34,000 residential suites across 29 million net rentable square feet.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF - Get Free Report) announced its quarterly earnings results on Tuesday. The financial services provider reported $0.84 earnings per share (EPS) for the quarter, Zacks reports. Boardwalk Real Estate Investment Trust had a return on equity of 8.55% and a net margin of 67.26%.

Boardwalk Real Estate Investment Trust Stock Performance

BOWFF traded down $0.15 during midday trading on Tuesday, reaching $51.99. The company had a trading volume of 6,803 shares, compared to its average volume of 1,342. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.52. The business has a 50-day moving average of $50.94 and a two-hundred day moving average of $47.17. The company has a market cap of $2.77 billion, a P/E ratio of 13.00 and a beta of 1.15. Boardwalk Real Estate Investment Trust has a 1 year low of $41.49 and a 1 year high of $71.39.

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.

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