Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Posts Quarterly Earnings Results

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) announced its earnings results on Thursday. The financial services provider reported $0.79 EPS for the quarter, Zacks reports. Boardwalk Real Estate Investment Trust had a net margin of 117.99% and a return on equity of 15.06%.

Boardwalk Real Estate Investment Trust Stock Performance

BOWFF stock opened at $44.71 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.29 and a current ratio of 0.29. The stock has a market cap of $2.19 billion, a P/E ratio of 15.03 and a beta of 1.53. The firm has a 50 day simple moving average of $44.24 and a 200 day simple moving average of $52.86. Boardwalk Real Estate Investment Trust has a 52 week low of $41.49 and a 52 week high of $71.39.

Analyst Ratings Changes

Separately, BMO Capital Markets cut shares of Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th.

About Boardwalk Real Estate Investment Trust

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.