Infrastructure and real estate
Badger Infrastructure Solutions Reports Solid Q3 Results and Updates Outlook for 2024-2025
October 30, 2024 09:21 PM EDT| By Team Kalkine MediaHighlights,Revenue Growth,: Q3 revenue rose 7% year-over-year to $209.4 million, with U.S. revenue up 10% and Canada down by 12%.,Profit and Margins,: Gross profit margin improved slightly to 32.5%, while adjusted EBITDA increased 11% to $58.3 millio...
Can Dream Unlimited Rebound After Price Dip?
October 28, 2024 09:28 AM EDT| By Team Kalkine MediaHighlights,Individual investors enjoys a significant stake in Dream Unlimited Corp.,Recent stock price declines have impacted both individual and insider shareholders.,Institutional ownership reflects the company's credibility in the investment commu...
How Is FirstService Performing in Terms of Profitability?
October 28, 2024 09:21 AM EDT| By Team Kalkine MediaHighlights,FirstService's stock experiences a notable increase over recent months.,The company’s return on equity indicates effective management of shareholder funds.,Earnings growth surpasses industry averages, reflecting operational efficiency.,Fir...
What Challenges Does StorageVault Face in Revenue Growth?
October 28, 2024 09:16 AM EDT| By Team Kalkine MediaHighlights,StorageVault Canada Inc. shows a high price-to-sales ratio compared to industry peers.,The company faces challenges with revenue growth relative to market expectations.,Analysts suggest potential growth may not justify the elevated price-t...
Could Toronto and Vancouver Be Losing Their Luxury Condo Appeal?
October 24, 2024 07:03 PM EDT| By Team Kalkine MediaHighlights,Luxury condominium sales in Toronto and Vancouver fell in the third quarter.,Single-family homes are in higher demand, but fewer are being built in these major markets.,Buyers have been waiting for more favorable conditions, affecting sale...
Why Is Morguard Increasing Its Stake in This Real Estate Trust?
October 15, 2024 01:19 PM EDT| By Team Kalkine MediaHighlights:,Morguard Corporation expanded its stake in Morguard Real Estate Investment Trust.,The company operates within the real estate investment sector, specializing in property management.,Recent transactions reflect ongoing commitment to long-t...
RESAAS CODE Grows with New Commercial Landlords and Expands Platform
October 09, 2024 07:48 PM EDT| By Team Kalkine MediaSummary Points,RESAAS CODE expands its platform by integrating multiple commercial landlords,Successful pilot phase leads to full commercialization and heightened growth potential,Strong demand for RESAAS CODE prompts rapid expansion into new markets...
Morguard Corporation Sees Notable Shift Amid Insider Moves
September 25, 2024 08:12 AM EDT| By Team Kalkine MediaKey Highlights:,Significant insider control over Morguard implies vested interests in company growth.,Kuldip Sahi, the largest shareholder, holds a 62% stake in the company.,Institutions own 15% of Morguard, indicating external investor interest in t...
What Recent Insider Moves at Altus Group Could Mean?
September 25, 2024 07:54 AM EDT| By Team Kalkine MediaHighlights:,Sector Focus:,Altus Group Limited operates in the financial sector, offering real estate consulting and software solutions.,Insider Transactions:,Several insiders have sold shares over the past year, which could raise concerns for market...
Don’t Miss This: Chartwell Retirement Residences Announces Exciting Dividend Update!
September 20, 2024 01:04 PM EDT| By Team Kalkine MediaIn the,Real Estate sector,, Chartwell Retirement Residences has declared a dividend of CA$0.051 per share, set to be paid on October 15th. This announcement reflects a dividend yield of 3.9%, which aligns closely with the industry average. The timing...
Calgary Real Estate Market Sees Significant Shift in August
September 04, 2024 01:07 AM EDT| By Team Kalkine MediaThe Calgary real estate market experienced a notable downturn in August, with home sales plummeting by 19.5% compared to the same period last year. The Calgary Real Estate Board (CREB) reported that a total of 2,186 properties were sold in August, a...
Titanium Transportation Group (TSX:TTNM) Declares Quarterly Dividend of $0.02 per Share
August 26, 2024 04:34 AM EDT| By Team Kalkine MediaTitanium Transportation Group Inc. (TSX: TTNM, OTCQX: TTNMF) has announced a quarterly dividend of $0.02 per common share, scheduled for payment on September 16, 2024. Shareholders of record as of August 30, 2024, will be eligible to receive this div...
Badger Infrastructure Plans to Repurchase Up to 860k Common Shares
August 23, 2024 01:28 AM EDT| By Team Kalkine MediaBadger Infrastructure Solutions Ltd. (TSX:BDGI), a leading provider of non-destructive excavating services in North America, has announced its intention to initiate a normal course issuer bid (NCIB) for the repurchase and cancellation of up to 861,83...
Granite REIT (TSX:GRT) Announces August 2024 Distribution
August 19, 2024 04:40 AM EDT| By Team Kalkine MediaGranite Real Estate Investment Trust (Granite) (TSX: GRT.UN / NYSE: GRP.U) has declared a distribution of CDN $0.275 per stapled unit for August 2024. This announcement, made two days ago, confirms that the distribution will be paid on Monday, Septem...
Canadian Housing Starts Decline in June Amid Significant Regional Variations
July 17, 2024 02:11 AM EDT| By Team Kalkine MediaThe total monthly seasonally adjusted annual rate (SAAR) of housing starts in Canada decreased by 9% in June to 241,672 units from May's 264,929 units, according to the Canada Mortgage and Housing Corporation (CMHC). This decline reflects a broader t...
Canada's Housing Market Shows Signs of Renewal in June 2024
July 15, 2024 02:44 AM EDT| By Team Kalkine MediaCanada's housing market exhibited early signs of revival in June 2024, following a key interest rate cut by the Bank of Canada at the beginning of the month. This development has spurred a notable increase in home sales activity, reflecting a cautiou...
GTA Home Sales Drop in June 2024 Despite Bank of Canada Rate Cut
July 05, 2024 01:12 AM EDT| By Team Kalkine MediaHome sales in the Greater Toronto Area (GTA) experienced a notable decrease in June 2024 compared to the same month in the previous year, as reported by the Toronto Regional Real Estate Board (TRREB). Despite the Bank of Canada's rate cut at the begi...
Canadian Real Estate Market Stable in May with Anticipation of Increased Activity Following Rate Cut
June 18, 2024 02:02 AM EDT| By Team Kalkine MediaA recent report by the Canadian Real Estate Association reveals that May 2024 was relatively uneventful for many Canadian housing markets, with minor fluctuations in home sales and new listings. However, the recent interest rate cut by the Bank of Ca...
Paving the Path to Prosperity: Exploring TSX's Infra & Real Estate Stocks for Building Wealth
May 17, 2023 04:56 PM EDT| By Team Kalkine MediaInvesting in infrastructure and real estate stocks on the Toronto Stock Exchange (TSX) can pave the path to long-term wealth creation and financial success. These sectors play a critical role in the economy by providing the foundations for growth and...
Are these two TSX REITs worth exploring in Q2 2023?
March 20, 2023 02:44 AM EDT| By Raza NaqviMLS Home Price Index for February 2023 showed a sharp 15.8% year-over-year.