Killam Apartment REIT (KMP) Earns Buy Rating from Desjardins

Killam Apartment REIT (TSE:KMP)‘s stock had its “buy” rating reissued by analysts at Desjardins in a report released on Tuesday. Desjardins also issued estimates for Killam Apartment REIT’s Q2 2018 earnings at $0.24 EPS, Q3 2018 earnings at $0.27 EPS, Q4 2018 earnings at $0.23 EPS, FY2018 earnings at $0.94 EPS and FY2019 earnings at $0.98 EPS.

Killam Apartment REIT opened at C$13.79 on Tuesday, according to Marketbeat Ratings. Killam Apartment REIT has a 52 week low of C$12.04 and a 52 week high of C$14.76.

Killam Apartment REIT (TSE:KMP) last released its quarterly earnings data on Wednesday, May 9th. The company reported C$0.81 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.20 by C$0.61. The business had revenue of C$49.45 million for the quarter. Killam Apartment REIT had a net margin of 75.41% and a return on equity of 16.40%.

Killam Apartment REIT Company Profile

Killam Apartment Real Estate Investment Trust (REIT) is a Canada-based real estate investment trust. The Trust is engaged in owning, operating, managing and developing multi-family residential and manufactured home community (MHC) properties. Its segments include Apartment, MHC and Other. The Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada and it includes building improvements; suite renovations; appliances; boilers and heating equipment; other; equipment; parking lots, and land improvements.

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