Analysts Issue Forecasts for Minto Apartment FY2025 Earnings

Minto Apartment (TSE:MI) – Equities researchers at Raymond James raised their FY2025 earnings per share estimates for shares of Minto Apartment in a research report issued on Wednesday, October 23rd. Raymond James analyst B. Sturges now forecasts that the company will post earnings of $1.05 per share for the year, up from their prior estimate of $1.04. Raymond James also issued estimates for Minto Apartment’s FY2026 earnings at $1.10 EPS.

Minto Apartment (TSE:MI) last posted its quarterly earnings results on Tuesday, August 13th. The company reported C$0.50 earnings per share for the quarter, topping the consensus estimate of C$0.23 by C$0.27. The business had revenue of C$38.89 million during the quarter.

Minto Apartment Price Performance

Minto Apartment Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a dividend of $0.042 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.50 dividend on an annualized basis and a dividend yield of ∞.

About Minto Apartment

Takung Art Co, Ltd., through its subsidiaries, operates an electronic online platform for artists, art dealers, and art investors to offer and trade in artwork in the form of non-fungible token (NFT) primarily in the People’s Republic of China. The company’s electronic online platform www.nftoeo.com offers online listing and trading services that allow artists/art dealers/owners to access art trading market where they can engage with a range of investors, as well as invests in artwork.