Timbercreek Financial (TF) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Timbercreek Financial in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" TF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TF, but not buy additional shares or sell existing shares.
View TF analyst ratings or view top-rated stocks.

3 equities research analysts have issued 12-month price objectives for Timbercreek Financial's stock. Their TF share price forecasts range from C$8.50 to C$10.25. On average, they anticipate the company's stock price to reach C$9.25 in the next year. This suggests a possible upside of 25.2% from the stock's current price.
View analysts price targets for TF or view top-rated stocks among Wall Street analysts.

Timbercreek Financial's stock was trading at C$7.11 on January 1st, 2023. Since then, TF shares have increased by 3.9% and is now trading at C$7.39.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our TF earnings forecast.

Timbercreek Financial Corp. (TSE:TF) released its quarterly earnings data on Monday, May, 8th. The company reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21. The business earned $32.99 million during the quarter, compared to analysts' expectations of $32.30 million. Timbercreek Financial had a trailing twelve-month return on equity of 8.75% and a net margin of 77.72%.

Timbercreek Financial announced a monthly dividend on Thursday, April 20th. Stockholders of record on Friday, April 28th will be given a dividend of 0.058 per share on Monday, May 15th. This represents a $0.70 annualized dividend and a yield of 9.42%. The ex-dividend date is Thursday, April 27th.
Read our dividend analysis for TF.

Timbercreek Financial (TSE:TF) pays an annual dividend of C$0.69 per share and currently has a dividend yield of 9.24%. TF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 95.83%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for TF.

Based on aggregate information from My MarketBeat watchlists, some companies that other Timbercreek Financial investors own include Freehold Royalties (FRU), Emera (EMA), Bank of Nova Scotia (BNS), Canoe EIT Income Fund (ENDTF), Bank of Nova Scotia (BNS), Regal Lifestyle Communities (RLC), Pembina Pipeline (PPL), Crescent Point Energy (CPG), Canadian Imperial Bank of Commerce (CM) and Royal Bank of Canada (RY).

Timbercreek Financial trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TF."

Shares of TF stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of TF stock can currently be purchased for approximately C$7.39.

Timbercreek Financial (TSE:TF) has a market capitalization of C$619.13 million and generates C$78.64 million in revenue each year. The company earns C$61.12 million in net income (profit) each year or C$0.72 on an earnings per share basis.

The official website for the company is www.timbercreekfinancial.com. The company can be reached via phone at 416-923-9967.