Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Issues Quarterly 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) released its quarterly earnings data on Tuesday. The financial services provider reported $0.84 EPS for the quarter, Zacks reports. The business had revenue of $113.69 million for the quarter. Boardwalk Real Estate Investment Trust had a return on equity of 6.79% and a net margin of 52.90%.

Boardwalk Real Estate Investment Trust Stock Up 0.3%

Boardwalk Real Estate Investment Trust stock traded up $0.17 during mid-day trading on Friday, hitting $52.17. The company had a trading volume of 16,901 shares, compared to its average volume of 1,855. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.52. Boardwalk Real Estate Investment Trust has a 1 year low of $41.49 and a 1 year high of $71.39. The business has a fifty day moving average of $51.34 and a 200 day moving average of $47.37. The stock has a market cap of $2.78 billion, a price-to-earnings ratio of 15.21 and a beta of 1.15.

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.