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

by · The Cerbat Gem

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF – Get Free Report) posted its quarterly earnings data on Tuesday. The financial services provider reported $0.86 earnings per share for the quarter, Zacks reports. Boardwalk Real Estate Investment Trust had a negative net margin of 4.86% and a negative return on equity of 0.65%.

Boardwalk Real Estate Investment Trust Stock Performance

BOWFF stock remained flat at $44.85 during midday trading on Tuesday. 25,832 shares of the company traded hands, compared to its average volume of 8,516. The firm has a market cap of $2.02 billion, a price-to-earnings ratio of -60.61 and a beta of 0.88. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.62. Boardwalk Real Estate Investment Trust has a 1-year low of $42.00 and a 1-year high of $51.00. The company’s fifty day moving average price is $44.07 and its two-hundred day moving average price is $46.61.

About Boardwalk Real Estate Investment Trust

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Boardwalk Real Estate Investment Trust is a Canadian real estate investment trust focused on owning, operating and managing multi-family rental communities. Its portfolio consists primarily of apartment buildings and related residential properties, with services centered on providing rental housing and managing the day-to-day operations of its communities.

Boardwalk serves residents in several Canadian provinces, including Alberta, Saskatchewan, Ontario and Quebec. The trust operates under the Boardwalk brand and offers a range of apartment housing options, supported by leasing, maintenance, resident services and property-management operations.

Founded in 1984, Boardwalk has developed into one of Canada’s prominent publicly traded residential landlords.

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