Raymond James Financial Comments on Killam Apartment REIT’s FY2019 Earnings (KMP)

Killam Apartment REIT (TSE:KMP) – Research analysts at Raymond James Financial issued their FY2019 earnings estimates for shares of Killam Apartment REIT in a research report issued on Monday. Raymond James Financial analyst K. Avalos anticipates that the company will earn $0.97 per share for the year.

Separately, Desjardins reaffirmed a “buy” rating on shares of Killam Apartment REIT in a report on Monday, November 6th.

Shares of Killam Apartment REIT (TSE KMP) traded up C$0.21 during midday trading on Wednesday, hitting C$14.39. 205,502 shares of the stock were exchanged, compared to its average volume of 423,073. The stock has a market cap of $1,160.00, a P/E ratio of 15.47 and a beta of 0.23. Killam Apartment REIT has a 12-month low of C$11.84 and a 12-month high of C$14.76.

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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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