First Capital Realty (TSE:FCR) Upgraded to Strong-Buy at Canaccord Genuity Group

Canaccord Genuity Group upgraded shares of First Capital Realty (TSE:FCR) to a strong-buy rating in a report released on Monday, Zacks.com reports.

First Capital Realty Price Performance

The business’s 50-day simple moving average is C$20.86. First Capital Realty has a 12-month low of C$18.60 and a 12-month high of C$22.79.

First Capital Realty (TSE:FCR) last posted its quarterly earnings results on Tuesday, July 30th. The company reported C$0.08 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.23). The firm had revenue of C$183.97 million for the quarter.

First Capital Realty Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, September 16th. Investors of record on Friday, August 30th were paid a $0.072 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a $0.86 annualized dividend and a dividend yield of ∞.