Primaris Real Estate Investment Trust (TSE:PMZ) Receives Consensus Rating of “Buy” from Brokerages

Shares of Primaris Real Estate Investment Trust (TSE:PMZ) have earned an average recommendation of “Buy” from the five analysts that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and three have given a strong buy recommendation to the company.

PMZ has been the subject of several analyst reports. Royal Bank of Canada upgraded shares of Primaris Real Estate Investment Trust to a “moderate buy” rating in a research report on Monday, December 2nd. National Bank Financial upgraded shares of Primaris Real Estate Investment Trust to a “hold” rating in a report on Wednesday, October 9th.

Primaris Real Estate Investment Trust Stock Performance

Primaris Real Estate Investment Trust (TSE:PMZ) last posted its quarterly earnings results on Thursday, October 31st. The company reported C($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.41 by C($0.70).

Primaris Real Estate Investment Trust Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were paid a $0.07 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.84 annualized dividend and a dividend yield of ∞.