Timbercreek Financial (TSE:TF - Get Free Report) will release its earnings data after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of C$0.17 per share for the quarter.
Timbercreek Financial (TSE:TF - Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The company reported C$0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.18 by C$0.01. Timbercreek Financial had a return on equity of 8.73% and a net margin of 70.41%. The business had revenue of C$26.68 million for the quarter, compared to analysts' expectations of C$27.90 million.
TF opened at C$8.12 on Wednesday. The business has a fifty day moving average price of C$8.00 and a 200 day moving average price of C$7.60. The company has a debt-to-equity ratio of 132.31, a current ratio of 7.36 and a quick ratio of 145.00. Timbercreek Financial has a 12 month low of C$5.74 and a 12 month high of C$8.29. The stock has a market capitalization of C$674.04 million, a price-to-earnings ratio of 11.12 and a beta of 1.23.
The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th were given a dividend of $0.058 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 8.57%. The ex-dividend date was Friday, September 27th. Timbercreek Financial's dividend payout ratio is presently 94.52%.
TF has been the subject of a number of recent research reports. National Bankshares lifted their price target on shares of Timbercreek Financial from C$7.50 to C$8.00 in a research note on Thursday, August 1st. TD Securities lifted their price objective on shares of Timbercreek Financial from C$7.50 to C$8.00 in a research report on Friday, August 2nd.
Read Our Latest Research Report on Timbercreek Financial
Timbercreek Financial Corp. provides shorter-duration structured financing solutions to commercial real estate investors in Canada. It focuses on lending against income-producing real estate properties, such as multi-residential, office, and retail buildings in urban markets. The company was founded in 2016 and is headquartered in Toronto, Canada.
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